United States:
Crown Acquisitions Leases 40K SF In Downtown Brooklyn To Language Immersion School
06 August 2018
Pryor Cashman LLP
To print this article, all you need is to be registered or login on Mondaq.com.
Crown Acquisitions has leased a 40,000-square-foot office space
in Downtown Brooklyn to The Science, Language and Arts
International School (SLA), a private school that immerses
students in French and Mandarin at an early age. SLA will relocate
from its current Brooklyn space to 9 Hanover Place, having signed a
10-year lease for the new location. The transaction closed on July
10, 2018.
News of the deal was reported by The Commercial Observer,
among other outlets.
Representing Crown Acquisitions on this transaction were
Partner Andrea Gendel and
Associate Michelle Blanter, both members of Pryor Cashman's
nationally-recognized Real Estate Group.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
POPULAR ARTICLES ON: Real Estate and Construction from United States
LIBOR Update
Cadwalader, Wickersham & Taft LLP
LIBOR has been a key interest rate benchmark for many decades, used as the principal reference rate to several hundred trillions of dollars in derivatives, bonds, loans and securitizations.
Recent Rulings In COVID-19-Related Lease Disputes
Jenner & Block
Courts in three different jurisdictions recently handed down decisions against commercial tenants in disputes with their landlords over rent obligations during the COVID-19 pandemic...
"Build Back Better Plan" Expected To Be Released
Duane Morris LLP
President Biden's promised infrastructure legislation, sometimes known by the slogan the "Build Back Better Plan" is still under wraps, but some information is beginning to leak out.
Making Sure The Ground Tenant Builds
Cadwalader, Wickersham & Taft LLP
Once the building on a ground-leased property is completed, the ground landlord has a very secure rent stream. While the rent under the ground lease...
