Stamford, Conn.-- Day Pitney is pleased to announce that its Real Estate team recently advised Stone Harbour Investment Management on its $17.9 million acquisition and financing of One Atlantic Street located in downtown Stamford, Connecticut.
One Atlantic Street was one of eight properties involved in the Seaboard Realty bankruptcy. Built in 1929 for the former First Stamford National Bank & Trust at the downtown crossroads of Atlantic, Broad and Bedford Streets, this historic property today houses branches of both Citizens Bank and Bank of America together with multiple office tenants. The interior features murals depicting Stamford's history. Stone Harbour Investment Management is a privately owned real estate company based in Stamford led by principals Jerry Kiley and Gregory Shaughnessy.
"As always, we were very happy with Day Pitney's understanding and execution of the matters we needed to navigate in order to complete a transaction with so many moving parts with so little time," said Jerry Kiley.
Day Pitney's James P. Carlon and Robert G. Rahilly led the team and were assisted by Marlene R. Goldberg and Michael Hanna. Joshua W. Cohen led work on the bankruptcy-related matters.
Day Pitney Real Estate, Environmental and Land Use practice co-chair Craig Gianetti was featured in Law360 article "NJ Bill Paves An Aggressive Affordable-Housing Path."
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Day Pitney Alert
The arrival of Steven Wernick and Joseph Ruiz of Wernick & Co to Day Pitney's Miami office was featured in Miami Today's People column. Wernick and Ruiz are joining the firm's real estate, environmental and land use practices as a partner and counsel. Wernick & Co. built its reputation in the Miami area through experience in land use and zoning.
The Day Pitney Real Estate, Environmental, and Land Use Team, led by practice co-chair Katharine Coffey, represented the developers Russo Development, Onyx Equities LLC, and Dinallo Development LLC/Terminal Construction in connection with multiple transactions facilitating the development of Hackensack Meridian Health's $200 million, first-of-its-kind health care facility at Metropark, a mass transit hub in Woodbridge, NJ.
The arrival of Miami Attorneys Steven J. Wernick and Joseph Ruiz was featured in The Real Deal's Movers and Shakers column. Wernick, who joined as a partner, previously founded Wernick & Co, a Miami-based law firm specializing in land use and urban redevelopment.
Day Pitney Partners Stephen Catanzaro, Laurence Smith, and Elizabeth Yoo were featured in New Jersey Law Journal's 2024 New Partners Yearbook, which highlights partners, including lateral partners, made or hired at New Jersey firms.
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Day Pitney Alert
The announcement of Day Pitney's most recent step in its commitment to strategic growth in South Florida by adding Steven Wernick and Joseph Ruiz of Wernick & Co. to its Miami office was featured in CityBiz.
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