Olshan Represents Kushner Cos. in Sale of Five East Village Buildings for $41M

The Real Deal (subscription required) reported on the sale by Olshan client Kushner Cos. of five East Village apartment buildings to Penn South Capital for $41 million. The five-building, 79-unit multifamily portfolio includes two buildings at 170-174 East Second Street, plus 325 East 10th Street, 23 Avenue A and 49 ½ First Avenue. Olshan Co-Managing Partner, Co-Chair of the firm’s Real Estate Law Practice and Chair of Commercial Leasing Practice Nina Roket led the Olshan team that represented Kushner Cos. in this transaction, which also included real estate associates Melody Schor, Yael Mandel and Sari Kreutzer.