NEWS & EVENTS

NEWS & EVENTS

  • 17 September 2018
  • COHEN & PERFETTO CLOSES $11,000,000 SALE IN QUEENS AND $8,200,000 1031 EXCHANGE IN LONG ISLAND
  • INFO

    Recently, Cohen & Perfetto LLP, a boutique real estate law firm with offices in Manhattan and Long Island, closed an $11,000,000 sale of property in Richmond Hill, Queens for a local building owner, as well as a resulting 1031 exchange.

    The sale of the Richmond Hill building was completed with the specific intention of reinvesting the proceeds into a new development for the client’s growing business.  Cohen & Perfetto boasts a long resume of closings in the 1031 exchange area, and was prepared to help guide the owner through the time-sensitive process.

    “Finding properties that are satisfactory to the client and closing in a timely manner are crucial to a 1031 or reverse 1031 exchange and somewhat challenging,” said Louis A. Perfetto, managing partner of Cohen & Perfetto.

    The exchange was finalized with the owner’s purchase of a property in New Hyde Park, New York, which was purchased for $8,200,000.  “We were happy to represent our client in the next phase of their growth,” said Matia S. Nikolovienis, partner at Cohen & Perfetto.

    The legal team was led by Louis Perfetto and Matia Nikolovienis.  Ira Levine represented the selling company, Rolling Hills New York Corp, in this transaction.

  • 18 October 2019
  • Cohen and Perfetto NAMED to 2018 Super lawyers list
  • INFO

    Louis A. Perfetto and Matia S. Nikolovienis, partners of the real estate law firm Cohen & Perfetto LLP, have been named to the 2018 edition of New York Super Lawyers for the ninth consecutive year.  Each year, only 5 percent of attorneys in New York State receive this honor.

    With a combined 43 years of experience, Mr. Perfetto and Ms. Nikolovienis practice exclusively in all areas of real estate law, including land use, zoning, banking law, work outs and government incentives. They are both distinguished in the industry for handling large-scale acquisition and commercial development deals, many of which involve complex legal issues such as the sale of air rights, 1031 exchanges and zoning issues.  They represent clients nationwide ranging from Fortune 500 businesses to small, family-run businesses.

    New York Super Lawyers conducts a statewide annual competitive review of attorneys in 60 practice areas to compile the Super Lawyers list, employing a rigorous multi-phase selection process combining peer nominations and evaluations with third-party research.  Each candidate is evaluated on 12 indicators of peer recognition and professional achievement.  The list is published annually by Thomson Reuters as a part of the Legal, Business of Law Group.

  • 19 December 2019
  • COHEN & PERFETTO CLOSES $46,500,000 ART STORAGE PURCHASE WITH IDA BENEFITS
  • INFO

    New York, NY (December 19, 2018) Cohen & Perfetto LLP worked with UOVO in the purchase of property located at 105 Evergreen Avenue in Brooklyn, New York.  Uovo purchased the former B&H warehouse $46,500,000 with the intention to renovate the space to house their art storage facility. This project will be the fourth art storage facility for UOVO.

    With Cohen & Perfetto’s guidance, UOVO was able to obtain further benefits during the process of this purchase by obtaining certain IDA benefits from the New York City Industrial Agency (“IDA”).  The IDA is a conduit issuer that issues tax-exempt industrial revenue bonds that assist eligible companies to finance expansion opportunities by providing abatements on sales, real estate and mortgage recording tax.

    This project will be the fourth art storage facility for UOVO.

    The legal team representing Uovo was led by Louis Perfetto, Matia Nikolovienis and Christine Mulryan.  Allie Aaron represented the selling company, 105 Evergreen LLC, in this transaction.

     

     

  • 13 February 2007
  • Who’s Who
  • INFO
    Who’s Who

    Cohen & Perfetto helped a client secure government financing to convert this once parish school into an apartment building in Brooklyn.

  • 01 February 2007
  • A Pioneer in a Male Preserve
  • INFO
    A Pioneer in a Male Preserve

    Cohen & Perfetto helped a client secure government financing to convert this once parish school into an apartment building in Brooklyn.