Thompson LLP’s real estate team had a busy second quarter, closing more than $60M in residential and commercial transactions and securing a litigation win that sends a condominium construction defect case to trial.
Commercial Real Estate & Financing
Completed two commercial property transactions and a loan purchase, with a combined value of more than $7.7 million. These deals reflect our continued representation of investors and developers in strategic acquisitions and financing transactions.
Condo & Coop Transactions
Advised clients in 14 condominium and coop sales and purchases across Manhattan and Brooklyn, totaling over $35 million in deal value. These included multiple high-value transactions in Tribeca, Chelsea, and along Park Avenue, underscoring our deep experience in complex residential closings in competitive markets.
Single-Family Homes
Closed 7 single-family home transactions across Brooklyn, Larchmont, and Staten Island, totaling over $16.5 million. These transactions included both purchases and sales of high-value properties across a range of neighborhoods.
Litigation Update
Achieved a favorable decision in a condominium construction defect case where the court denied motions for summary judgment by both the sponsor and broker defendants, preserving our client’s claims for trial.