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Client Acquires 221 West 17th Street for Luxury Condos

June 16, 2014

We represented Delshah Capital in the financing of its $26.4 million acquisition of an office building at 221 West 17th Street from Doreen Interiors. DelShah will partner with On the Level Enterprises to redevelop the 33,000-square-foot building into luxury condos. The partnership plans to add four floors to the property, creating a 10-story luxury residential condominium with ground-floor retail space.  DelShah Capital, LLC is a full-service real estate and CRE debt acquisition, development and management company that owns and operates 1750 multifamily units as a part of its 2 million square feet commercial real estate portfolio that is spread through the five boroughs of New York City.

William Weisner, a Partner in the Real Estate Practice Group, represented DelShah Capital in the transaction.

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Weisner, William W. Partner, Chair of Real Estate Practice Partner, Chair of Real Estate Practice 212.216.8095 VCard