Practice Areas
Honors
- Eric has been consistently named to the New York Super Lawyers list, a Thomson Reuters lawyer rating service, annually since 2007.
- Eric has been named to the Top 100: New York — Metro Super Lawyers list for 2019 and 2020.
- Eric has been consistently selected by his peers for inclusion in the The Best Lawyers in America in the field of Real Estate Law, annually since 2012.
- Eric has been selected as one of 50 attorneys nationally in Connect Media’s inaugural Lawyers in Real Estate Awards
Education
J.D., Washington University School of Law, 1978
- Order of the Coif
- Phi Kappa Phi
- Senior Editor, Washington University Law Quarterly, 1977 – 1978
B.S., Cornell University, 1974
- Phi Kappa Phi
Bar & Court Admissions
- Florida, 1992
- New York, 1979
- U.S. District Court, Southern and Eastern Districts of New York, 1979
Eric is well-known in the industry for his skilled handling of sophisticated real estate structures, financings, workouts, restructurings, acquisitions and dispositions of all asset classes of real estate.
Many of his high profile clients have consistently relied on his keen business judgment and industry insight over many years, and routinely involve him in their critical decision making on major projects. He assists clients across the full range of their real estate business, from capital raising to acquisitions, frequently acting as outside general counsel as needed. Eric represents prominent real estate developers and investors in their investment decision-making, financing and development of notable properties. His clients range from private and boutique investment firms, high-end commercial and residential developers, hotel owners, and family offices in sophisticated financial and other transactions in projects from $5 million dollars to those exceeding $1.5 billion.
In New York, Eric recently assisted client Bonjour Capital in securing a $115 million Fannie Mae loan for Bonjour’s property at 1735 York Avenue. He previously represented Bonjour in the acquisition of the building from Glenwood Management and the acquisition financing.
Over the past several years, Eric has represented major clients in numerous widely publicized nationwide deals, including several transactions of note in the high tech corridors of Seattle (acquisition and subsequent refinancing of several Amazon office buildings) and Silicon Valley, totaling over $1.5 billion dollars; the sale of the Miracle Mile Shops in Las Vegas; the purchases of the Citigroup Center Building and The Sheffield in New York City; and the purchase and development of high-end residential condominium projects in New York City.
Eric’s representation of clients in highly publicized hotel and commercial transactions has influenced the changing landscape of South Beach in Miami. Among his key transactions in this area, he has represented hotel owners in Miami Beach on the refinancing of senior and mezzanine debt for the W South Beach and the purchase and sale of the Raleigh Hotel, a nostalgic icon.
Eric also regularly assist clients in the acquisition and workout of large loan and asset portfolios, restructuring real estate debt, including mezzanine financings and preferred equity, and receiverships, foreclosures and bankruptcies. He has assisted clients in the purchase of debt, including The Miami Mart and Hotel in Florida, The Ocean Place Resort Development in New Jersey, various loan portfolios in the New York metropolitan area, and the workout and foreclosure of those mortgages.
Eric is frequently requested to serve as a panelist and moderator at distinguished conferences across the country. He has spoken and offered his expertise on “Distressed Real Estate: Strategies and Opportunities,” served as a panelist for “Show Me the Money: Commercial Real Estate Capital Markets,” and “Real Estate Succession and Wealth Transfer.”
Eric has been cited for his preeminence in real estate law in New York City and throughout the United States by Best Lawyers since 2012, has been consistently named to New York Super Lawyers list since 2007, has been named to the Top 100 2019 New York – Metro Super Lawyer, and has been selected as one of 50 attorneys nationally in Connect Media’s inaugural Lawyers in Real Estate Awards.
Eric received his J.D. from Washington University School of Law, where he served as senior editor of the Washington University Law Quarterly, and was Order of the Coif and Phi Kappa Phi. He received his B.S. from Cornell University.
Professional & Community Affiliations
- New York State and American Bar Associations
- Local and State Real Estate Taxation Committee
- Represented seller of 80 unit New York City multi-family buildings.
- Represented Turkish developer in a joint venture agreement with major residential NYC developer and in a construction loan for the redevelopment of a 31 story Upper East Side multi-family building.
- Represented joint venture in securing a $268 million refinancing for an Amazon office building located in Seattle, WA and transferring the property from the joint venture to two tenants in common.
- Represented Atlas Capital Group in acquisition of two buildings in Bushwick, Brooklyn located at 54 Noll Street and 123 Melrose Street, known as The Denizen and formerly the site of the Rheingold Brewery, for $506 million.
- Represented TriStar Capital and partner RAL Development in the assemblage of properties for a $200 million Class A office project in the Miami neighborhood of Wynwood.
- Represented client 909 Third Avenue Fee Owner LLC in sale of 909 Third Avenue for $192.5 million, while simultaneously facilitating the buyer's financing with new lender.
- Represented client in acquisition of 12-story, 317,804 square foot Amazon-leased office building in Seattle, WA.
- Represented client Bonjour Capital in securing a $115 million Fannie Mae loan for Bonjour’s property at 1735 York Avenue. Previously represented Bonjour in the acquisition of the building from Glenwood Management and the acquisition financing.
- Represented client in securing a $220 million CMBS refinancing made by Natixis Real Estate Capital LLC for the Amazon Phase VII building located in Seattle, WA.
- Represented developer in connection with construction loan in plans to develop a $31 million hotel and restaurant in Tuckahoe.
- Represented client in acquisition of an Amazon.com Inc. office building in Bellevue, WA from Schnitzer West LLC for approximately $310 million.
- Represented client in acquisition of a hi-tech office complex for $291 million. The 15-acre office campus, which comprises three three-story office buildings of 350,000 square feet, is located in Sunnyvale, California, the heart of Silicon Valley.
- Represented client in an acquisition of an Amazon.com Inc. 290,000 square foot mixed-used building in Seattle, WA for approximately $270 million.
- Represented client in acquisition of a 12-story, 318,700 square foot office building located in Seattle, Washington featuring Amazon’s headquarters for $244 million.
- Represented client in the sale of Miracle Mile Shops, a 200-store indoor mall within the Planet Hollywood Resort located on the Las Vegas strip, to an investment partnership for approximately $1.1 billion. The 475,000 square-foot mall is celebrated as one of the 10 busiest malls in the country. Olshan initially represented the venture in the purchase of the mall in 2003 and handled the repositioning of the leases in the mall for several years and represented the venture in several refinancings, culminating in the sale.
- Represented W South Beach owners in $140 million refinancing.
- Represented Raleigh Hotel owners in hotel purchase, management agreement and later sale of hotel.
- Represented seller in achieving highest price ever for Lincoln Road, Miami Beach retail properties.
- Represented Bonjour Capital as it took title to 333 Greene Avenue, Brooklyn, New York from two bitterly fighting debtors.
- Represented purchaser in the acquisition of Citigroup Center in New York City.
- Represented purchaser in the acquisition of The Sheffield in New York City.
- Represented purchaser in the acquisition and development of high-end residential condominium projects in New York City.
Media Mentions/News
- November 3, 2022
- September 29, 2022
- August 18, 2022
- July 26, 2022
- May 10, 2022
- December 21, 2021
- November 4, 2021
- October 1, 2021
- September 27, 2021
- August 19, 2021
- August 4, 2021
- June 22, 2021
- March 2, 2021
- December 10, 2020
- November 5, 2020
- October 28, 2020
- August 20, 2020
- January 16, 2020
- December 27, 2019
- December 16, 2019
- November 5, 2019
- November 1, 2019
- September 12, 2019
- September 9, 2019
- August 26, 2019
- August 15, 2019
- November 1, 2018
- September 19, 2018
- August 15, 2018
- August 14, 2018
- March 19, 2018
- January 8, 2018
- November 1, 2017
- October 18, 2017
- September 20, 2017
- August 15, 2017
- May 22, 2017
- March 15, 2017
- February 27, 2017
- January 18, 2017
- November 20, 2016
- November 18, 2016
- November 1, 2016
- October 19, 2016
- September 21, 2016
- August 15, 2016
- June 1, 2016
- May 10, 2016
- November 2, 2015
- September 16, 2015
- September 9, 2015
- August 17, 2015
- July 24, 2015
- July 20, 2015
- May 26, 2015
- February 17, 2015
- January 8, 2015
- December 5, 2014
- November 28, 2014
- November 20, 2014
- November 3, 2014
- October 21, 2014
- October 14, 2014
- September 23, 2014
- August 27, 2014
- August 22, 2014
- July 21, 2014
- July 21, 2014
- June 26, 2014
- April 29, 2014
- April 11, 2014
- December 18, 2013
- November 7, 2013
- November 1, 2013
- September 16, 2013
- September 13, 2013
- August 16, 2013
- August 6, 2013
- July 24, 2013
- June 4, 2013
- May 23, 2013
- December 26, 2012
- December 18, 2012
- November 1, 2012
- September 20, 2012
- September 20, 2012
- July 18, 2012
- June 1, 2012
- May 21, 2012
- May 17, 2012
- March 16, 2012
- September 21, 2011
- August 31, 2011
- August 26, 2011
- June 3, 2011
- March 10, 2011
- February 6, 2011
- December 8, 2010
- December 7, 2010
- October 1, 2010
- September 22, 2010
- October 22, 2009
- October 5, 2009
- July 15, 2009
- September 24, 2008
- September 12, 2008
- August 12, 2008
- February 7, 2008
- January 17, 2008
- September 24, 2007
- May 8, 2007
- March 6, 2007
- February 22, 2007
Speaking Engagements
- December 11, 2019The Union League Club in New York
- March 25, 2018
- November 21, 2014ALI, CLE
- September 10, 2014
- May 20, 2011
Moderator, "Mezzanine, Preferred Equity, and Joint Venture Funding," GreenPearl New York: Beyond Distress, September 22, 2011
Panelist, "Show Me the Money: Commercial Real Estate Capital Markets," Massey Knakal Commercial Real Estate Investment Summit, May 2011
Moderator, "Distressed Real Estate: Strategies and Opportunities Breakfast Panel Discussion" sponsored by Olshan and KPMG, November 2010
Publications
- "Standing for Public and Quasi-Public Interest Tax Litigants"1978Washington University Law Quarterly, No. 3
- August 2011LexisNexis Emerging Issues Commentary 2011 Emerging Issues 5827
Press Releases
- November 3, 2022
- September 29, 2022
- August 18, 2022
- November 4, 2021
- October 1, 2021
- August 19, 2021
- November 5, 2020
- October 28, 2020
- August 20, 2020
- November 1, 2019
- September 12, 2019
- August 15, 2019
- November 1, 2018
- September 17, 2018
- August 15, 2018
- November 1, 2017
- September 20, 2017
- August 15, 2017
- November 1, 2016
- September 21, 2016
- August 15, 2016
- June 1, 2016
- November 2, 2015
- September 16, 2015
- August 17, 2015
- November 3, 2014
- September 23, 2014
- August 21, 2014
- November 1, 2013
- September 13, 2013
- August 16, 2013
- November 1, 2012
- September 20, 2012
- June 5, 2012
- September 20, 2011
Olshan Real Estate Law Blog
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