NEWS & EVENTS

Atlantic Avenue Lonuzzi – Press Release

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.

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.

Morris Realty – Press Release

SD Bayside Press Release