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 Partner Steven J. Wernick is featured in the South Florida Business Journal article "28-Story Tower With Over 100 Apartments Planned in Miami."
Day Pitney Florida Offices Managing Partner Manuel Garcia-Linares has been appointed to chair the firm's Litigation department. The news was featured in Miami Today.
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Day Pitney Real Estate, Environmental and Land Use practice co-chair Craig Gianetti was featured in Gothamist article "Court Tells Wealthy NJ Town: We'll Decide Where You'll Put Affordable Housing."
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Day Pitney Litigation Partner Mark Salah Morgan's re-election to the firm's Executive Board and appointment to vice-chair of the Litigation department was featured in NJBiz.
Day Pitney Real Estate, Environmental and Land Use Partner Steven Wernick is featured in the Miami Herald article "The End of Single-Family-Only Home Suburbs? Miami-Dade Zoning Rule Impact Could Be 'Sweeping'."
Day Pitney Real Estate Partners Nicole Magdziak and Thomas Malman represented firm client Kushner, a real estate development and management firm headquartered in New York City, on a multimillion dollar mixed use residential and retail development in the Long Branch, NJ’s Lower Broadway redevelopment zone.
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."
Day Pitney Real Estate, Environmental and Land Use Counsel Joseph A. Ruiz was featured in the South Florida Business Journal article "Local Distillery Proposes Location in Miami-Dade Warehouse."
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