Vornado Signs Lease on West Chelsea Office Space
New York partners Mark Goldsmith and Robert Friedman were mentioned in an August 19 New York Law Journal article about Vornado Realty Trust signing a 99-year ground lease at 260 11 thAvenue, the Otis Elevator Building. The lease includes an option to purchase the land for $110 million. The 44,000 square-foot, seven-story office building includes a parking lot and additional air rights and is currently leased to the City of New York through 2021.
Mark and Robert provided tax advice to one of the current owners, Gould Investors LP.