WSJ Reports on $93 Million Office Building Purchase
The Wall Street Journal reported today on the closing of 100 Fifth Avenue for $93.5 million. Investment firm Invesco Real Estate and the Kaufman Organization bought the property from a unit of Rock Joint Ventures of the U.K. through a pre-packaged bankruptcy plan. Olshan served as co-counsel for the buyer. Thomas D. Kearns leads Olshan’s team. Eric L. Goldberg, Adam H. Friedman, and Hyman Kindler also represented the buyer. Mr. Kearns was quoted on the deal in The New York Law Journal (subscription required).