Scott A. Newmark
Real estate development, acquisitions, leasing, financing, condominium and cooperative offerings and commercial mortgage securitization.
Scott Newmark is active in all aspects of Meister Seelig & Fein's real estate practice, including sales and acquisitions, leasing, financing, loan workouts and deal restructuring and condominium and cooperative offerings. Mr. Newmark’s clients range from large property owners, developers and tenants to young entrepreneurs who may be entering into their first purchase or lease and need the guidance Mr. Newmark’s years of expertise can provide.
Represented the purchaser in the $1,280,000,000 acquisition of 5 Times Square, a 1,152,750 square foot, one of the largest acquisitions in the city of New York in 2007 and featured in several leading publications.
Represented the landlord in the preparation and negotiation of a 98,000 rsf office lease with Comcast Corporation.
Represented the purchaser in the $156,000,000 acquisition of a 1,332 unit apartment complex in Tribeca and the withdrawal of the property from the Mitchell-Lama program.
Represented the landlord in the preparation and negotiation of a 49,000 rsf retail lease with Sephora USA, Inc.
Represented the seller in the $109,000,000 sale of a 633,000 square foot office complex in Hackensack, New Jersey.
Represented the purchaser in the $68,000,000 acquisition of an apartment project, consisting of 1,025 residential apartments and related commercial facilities in Collingswood, New Jersey.
Represented the tenant in lease negotiations for a 68,000 square foot entertainment facility in Las Vegas, Nevada.
Represented the purchaser in the $16,000,000 acquisition of a 16 building apartment complex, containing 456 residential apartments in Philadelphia, Pennsylvania.
Represented the owner in the purchase of a 102 unit luxury apartment complex and the conversion of the property to a condominium, including preparation of offering plan and representation before the New York State Department of Law.
Mr. Newmark resides in Garden City, New York with his wife and two children.