Laura Sugarman is a New York real estate attorney who focuses on commercial real estate transactions, including development, conversion to condominium and cooperative ownership, financing, and acquisition and sale of residential, commercial, mixed-use and hospitality properties. She is also experienced in leasehold condominiums, representation of organizations in the sale and financing of assets, commercial leasing and New York City land use matters.
Prior to entering private practice, Ms. Sugarman was assistant counsel at the New York City Department of Parks & Recreation, where she represented New York City in a range of matters, including negotiations with developers, concession agreements and contract negotiations for public-private partnerships.
While attending law school, Ms. Sugarman was the executive editor of the Cardozo Journal of Public Law, Policy and Ethics and a Dean's Merit Scholarship recipient.
Representative matters on which Ms. Sugarman has worked include:
- represented lenders in analyzing and making construction and other loans with respect to properties in New York and nationally, including several developments in Hudson Yards
- represented the developer in the acquisition, development and creation of a condominium at 730 Fifth Avenue in New York
- represented the developer of the flagship Baccarat Hotel and Residences in New York
- represented the developer of a five-star resort and represented various lenders for hospitality properties in Anguilla
- represented the developers of the following mixed-use condominiums: Halcyon Condominium, 212 Fifth Avenue Condominium, 154 Spring St. Condominiums, 45 East 22nd Street Condominium, 100 Willoughby Street Condominium, 1 Great Jones Alley Condominium and Atelier Condominium
- represented the sponsors of the conversion to condominium ownership of the Belnord, 737 Park Avenue, 150 East 72nd Street, 11 East 68th Street and 200 East 62nd Street
- represented developers of residential condominium developments at 325 West Broadway, 421 West 22nd Street and 78 Irving Place
- represented the Brooklyn Botanic Garden, Lincoln Square Synagogue and the Brooklyn Tabernacle in navigating the Attorney General and Supreme Court's processes to dispose of substantial portions of their assets
- represented the owners of several commercial properties in converting to condominium ownership, including 200 Lafayette Street, 868 Broadway, 1717 Broadway and 333 East 38th Street
- represented the landlord at 224 West 57th Street in establishing a leasehold condominium structure
- represented two universities with respect to becoming tenant/owners in a leasehold condominium
- represented developers of condominiums with affordable components subject to regulatory agreements with various governmental agencies, including 160 Madison Avenue and 250 Ashland Place
- represented a developer in acquiring and developing an assemblage of properties comprised of an entire city block, including air rights, in downtown New York City
- represented the purchasers of the top third of the Woolworth Building
- represented Deutsche Bank in analyzing 75 commercial mortgage-backed securities (CMBS) transactions
- represented sellers and purchasers of air rights in various transactions
- represented cooperatives in lease negotiations with commercial tenants
- represented high-net-worth individuals in sales and acquisitions of residential apartments in New York City