I&H brings special expertise to transactional work because we are also litigators who represent parties when there is a default under a lease, a contract, or a mortgage. Many transactional document drafters, without the benefit of this experience, spend a lot of time working on clauses without a clear conception as to how such clauses can be enforced. They assume their work will be self-effectuating; it is not. The draftsperson should conduct his or her self as if every clause will at some time be violated. After all, we live in a very litigious environment in which at some time or another a party to a deal is going to test the limits of what has been written, either because of market forces, because a business is going bad, or just because they like to test.

I&H handles: purchases and sales of commercial and residential real property and cooperatives, including multi-million dollar deals; commercial leasing, for both landlords and tenants; and private lending transactions.

Illustrations by Elke Reva Sudin

November 2009:

I&H represented the Jewish Student Foundation of Brooklyn, serving Pratt Institute, closing on its 2000 sf commercial condominium storefront.

August 2008:

I&H represented the developer of a 10 unit condominium building. Our representation included preparing the condo plan. I&H prepares plans quickly and at competitive prices. I&H works on plans with an eye not only to approval by the Attorney General's office, but with great attention to the preparation of the By-Laws and Purchase Agreement, so that the Developer will have as smooth an experience as possible marketing its product, even in a difficult market.

November 2007:

I&H did the legal work involved in separating one commercial parcel in Brooklyn into two separate tax lots, represented the purchaser of one lot for $1,150,000.00, represented purchaser in a purchase money mortgage transaction related to the purchase, and represented the new owner with respect to obtaining easements from the adjoining parcel.

June 2006:

I&H represented the borrower on a $1,495,000.00 refinance of a Brooklyn brownstone mansion.

March 2006:

I&H represented the owner on a $3,000,000.00 construction loan for the gut renovation of 13-unit building in Harlem.

January 2006:

I&H represented the purchaser of a cooperative apartment for $720,000.00.

November 2005:

I&H represented the owner on a $2,800,000.00 construction loan for construction of 7-story condominium.

October 2005:

I&H represented the borrower on a $1,200,000.00 refinance of a 22,000 square foot apartment building.

October 2005:

I&H represented the borrower on a $1,250,000.00 refinance of a 24,000 square foot apartment building.

October 2005:

I&H represented the borrower on a $975,000.00 refinance of a 12,800 square foot building.

July 2005:

I&H represented the seller of a 128-unit apartment building for $10,850,000.00.

November 2004:

I&H represented one of the parties in a multiple property deal by which ex-business partners divided 3 plots of land and 4 trailers.

October 2004:

I&H represented the purchaser of a distressed commercial building in Brooklyn, and its subsequent "flip", re-sale, for $1,050,000.00. This property was on the eve of auction for tax liens, and the title was otherwise very cloudy. Since the highest bidder would only purchase the property with clear title, a lot of leg work and creativity were required to complete the transaction.

August 2004:

I&H represented the purchaser of a Brooklyn brownstone for $1,700,000.00.

May 2004:

I&H represented the borrower on a $1,400,000.00 refinance of a multi-family building.

May 2004:

I&H represented the purchaser of a $760,000.00 home in Brooklyn.

March 2004:

I&H represented the borrower on a $1,000,000.00 refinance of a 24,000 square foot, commercial building.

October 2003:

I&H represented the borrower on a $2,250,000.00 refinance of three buildings, containing 21 residential units.

September 2003:

I&H represented the seller of a $645,000.00 home in Brooklyn.

August 2003:

I&H represented the landlord in a commercial leasing transaction with tenant Washington Mutual Bank for a 4,500 square foot mortgage center, at a rent of $1,400,000.00 over a 15 year term.

August 2003:

I&H represented a client who was attempting to make a million dollar, private loan to a person in bankruptcy, and take back a mortgage on the debtor's only asset, a 24,000 square foot, tenanted commercial building in the Red Hook section of Brooklyn. This required some very sophisticated work with the bankruptcy trustee. The debtor ended up going with another private lender. When that deal fell through with other lender, however, the putative borrower became embroiled in a private bidding war before the bankruptcy judge, and the I&H client ultimately prevailed and bought a great building for a reasonable price. I&H represented the client at closing.

June 2003:

I&H represented the borrower in a $495,000.00 refinance of a building with 14 residential and two commercial units.

June 2003:

I&H represented the borrower in a $725,000.00 refinance of a building with 30 commercial and five commercial units.

November 2002:

I&H represented the borrower in a $1,000,000.00 refinance of a building with 121 residential units.

September 2002:

I&H represented the borrower in a $950,000.00 refinance of two buildings with 52 residential units.

March 2002:

I&H represented the borrower in a $495,000.00 refinance.

July 2001:

I&H represented a purchaser of a corporation that owned a deed, which was the subject of a private mortgage that was moments away from being foreclosed upon. I&H swooped into the foreclosure action with the client ready to redeem the subject premises, which the private mortgagee had poured a lot of money into in anticipation of foreclosure. The I&H client ultimately worked out a partnership with the mortgagee, in exchange for delivering them the deed.

March 2000:

I&H represented the seller at the sale of a 41 residential unit building for $1,690,000.00.

February 2000:

I&H represented the purchaser of a building for $1,400,000.00.

December 1999:

I&H represented the borrower in a $346,000.00 refinance of a building with 30 commercial and five commercial units.

December 1999:

I&H represented the borrower in a $750,000.00 refinance of three buildings, containing 21 residential units.

November 1999:

I&H represented the seller in the sale of a multi-family building for $1,775,000.00.

October 1999:

I&H represented the borrower in a $820,000.00 refinance of three buildings, containing 21 residential units.

May 1999:

I&H represented the purchaser of a commercial building for $560,000.00.

September 1998:

I&H represented the seller of a commercial building in a sale for $1,800,000.00, wherein the seller took back a purchase money mortgage for $1,000,000.00. There were significant partnership issues to be dealt with on the seller's behalf, as well as certain litigation issues.

June 1998:

I&H represented the seller and mortgagee in the sale of a 100 unit building, wherein the seller took back a mortgage for $260,000.00. I&H later represented the mortgagee when the mortgage was satisfied.

Retail Leases:

I&H routinely represents landlords and tenants in retail leases for spaces ranging in size from 600 to 6,000 square feet, including shopping mall leases.