Romer Debbas, LLP is proud to announce that it has closed a landmark residential transaction in the Hamptons this month. La Dune, as the property is referred to, is a famous property that was seeking $150 million as recently as this summer. La Dune subsequently went into bankruptcy and we represented the buyer who won the bankruptcy auction. The winning bid was $88 million and broke the firm’s record for the largest residential transaction it has ever closed, which was $72.5 million and took place just last month. This transaction closed in less than 45 days from the date of the auction and was spearheaded by partner Sarah Tadros Awad, Esq. as well as co-managing partner Pierre E. Debbas, Esq. Most notable to Sarah’s experience is working on a $88 million purchase in the Hamptons, which is one of the highest priced transactions at the firm
Romer Debbas, LLP is proud to announce that it has closed a landmark residential transaction in the Hamptons this month
- During Lockdown, Residential Dept & Banking Dept Work Together to Close $2.7 Million Condo Purchase with Purchase CEMA
- Romer Debbas LLP Represents Purchaser on Acquisition of Famed Forbes Townhouse
- Romer Debbas LLP Negotiates Substantial Buy-out for Upper East Side Tenant
- Represented Seller of $7,775,000.00 Townhouse Which Came with 99 Year Lease to Outdoor Space
- Represented Purchaser of $17,000,000.00 new development condominium unit at 520 Park Avenue.
- Represented Purchaser of Record Setting $37,200,000.00 Townhouse in Greenwich Village
- Represented Non U.S. Investor in Purchase of $16 million condominium apartment
- Represented Seller $34 Million Condo Sale
- Represented Singaporean Investor in $9 Million Condop Acquisition
- Represented Seller of Unique 17.5 Million Townhouse Involving Multiple Hurdles
- Represented Client from Hong Kong in Connection with 4 Million Condominium Acquisition & Post Closing Property Management
- Obtaining Co-op Board Approval for Foreing Buyer Not Impossible – Represented Brazilian Purchaser of $7.6 Million Co-op Unit
- Represented Investors from Singapore and Qatar Each Purchasing 2.5 Million Condo Units in the Same Building. Handled Acquisition & Subsequent Leasing to Tenants
- The Save a Deal, Romer Debbas Drafts Revised Budget to Satisfy Fannie Mae 10% Line Item Requirement
- High End Co-op Properties on the Move. Recently Represented Purchasers of Two Separate $4 million Co-op Unit
- In One Transaction, Represented Purchaser of $7,650,000.00 Townhouse, Private Bank Issuing $7,000,000.00 Construction Loan, and Negotiated AIA Agreements
- Application to FDIC Needed to Clear Lien Held by Bankrupt Lending Instition in Order to Save a Sale
- Purchase and Combination of a Coperative Unit
- Time of the Essence Letter Enforces Sale on a $8,000,000 Residential Property in Less Than 24 Hours