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Practice Overview

Garage & Parking Leasing

Olshan attorneys Samuel P. Ross and Steven R. Gursky are two of the premier parking garage leasing attorneys in New York City having represented:

  • Major garage operating companies as tenants in the leasing of garages in residential buildings, including high end condominium, co-operative and rental buildings as well as free standing garages and parking lots.
  • Purchasers and Sellers of condominium and free standing garages.
  • High end condominiums and co-ops and owners of free standing garages in their leases with major garage operators.
  • Owners of free standing garages in their ground leasing of garage properties to institutions and developers who convert the garages to other uses such as hotels, residential and office use.

Sam and Steve have handled the garage transactions for the following New York properties:

  • Citizen M Hotels at 218 West 50th Street - lease to a developer, who was converting the garage building into a hotel
  • Champion Parking locations at 234 East 85th Street, 220 East 9th Street, 247 West 46th Street and 220 Central Park South - represented landlord
  • Hertz locations at 219 West 77th Street and 355 East 76th Street - represented landlord
  • Central Parking at 18-20 Morton Street and 100 West 93rd Street - represented landlord
  • ICON at 331 East 21st Street Corporation and Amsterdam Avenue between 95th/96th Streets - represented landlord
  • Rockefeller Development - sale as part of assemblage at 148 West 48th Street 
  • Government of Singapore at 318 East 48th Street - sale
  • Jewish Board of Family & Children’s Services, Inc. - exchange garage building at 219 West 77th Street for office building at 120 West 57th Street, then entered into a ground lease with hotel developer
  • 301 East 62nd St. Street - represented tenant in lease of garage
  • 1065 Park Avenue - represented tenant in lease of garage
  • 545 Washington Avenue, Brooklyn - represented purchaser of condominium garage units
  • 1175 York Avenue - represented purchaser of condominium garage
  • 445-451 West 35th Street - represented landlord in ground lease of parking lot for residential development
  • 47-05 Center Boulevard, Long Island City - represented tenant in lease of garage
  • 475 Ninth Avenue - represented tenant in termination of garage lease
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