Michael E. Lefkowitz is Managing Member & General Counsel of Rosenberg & Estis, P.C. and a Leader of the firm’s Transactional Department. Over the past 35 years, Lefkowitz has been involved in many aspects of the firm’s activities, including litigation, appeals and administrative law.
Lefkowitz specializes in representing clients in commercial real estate transactions. His focus for many years has been representing lenders and borrowers in completing financing transactions on all levels of the capital stack, and workouts of loans on troubled assets. Since joining Rosenberg & Estis, he has greatly expanded the firm’s expertise in this sector.
Lefkowitz also represents commercial property owners and investors, providing his legal expertise in all other aspects of real estate including leasing, purchase and sale transactions and structuring complex joint ventures. Since 9/11, he has worked with the insurance market assisting many insurance companies in assessing the measure of damage and loss due to a casualty. On large complex property losses, the insurance industry has called Lefkowitz to assess the valuation of assets, soft cost claims, rental value losses and time element claims.
Lefkowitz is also an active principal in a family owned real estate business. The company owns more than one million square feet of retail, office, industrial property and self storage throughout the U.S. Lefkowitz’s experience with managing and developing his own properties has given him an understanding of all the issues concerning commercial real estate from a number of different perspectives. His broad skill set provides him with the knowledge of the numbers behind a deal, the real value of a project, and whether a transaction truly makes sense.
Lefkowitz received his bachelor’s degree in policy studies from Syracuse University and his J.D. from Benjamin N. Cardozo School of Law. He is licensed to practice law in New York and Connecticut. He is a member of the Syracuse University Maxwell School of Citizenship and Public Affairs Advisory Board.
Notable Work
United States: Representing a
national shopping center investor in the purchase and sale of retail properties
across the United States, including New York, New Jersey, Maryland, Florida,
Missouri, etc.
Manhattan, NY: Represented a
debtor in bankruptcy as Special Real Estate Counsel in obtaining debtor in
possession financing and the ultimate $65 million sale of 95 Madison Avenue,
NY, NY.
Manhattan, NY: Represented a
private equity firm in the $905 million acquisition and subsequent disposition
of 711 Fifth Avenue, NY, NY.
Manhattan, NY: Represented the
Senior Lender in a $22.8 million first mortgage loan refinancing and Mezzanine
Lender in a $10 million mezzanine loan refinancing on a condominium conversion
project in the Gramercy Park area of Manhattan.
Queens, NY: R&E served as
legal counsel to The Durst Organization on the acquisition, financing and
refinancing of the development site of Queens Plaza Park in New York City. The
project is a 77-story residential tower in the Long Island City submarket of
Queens.
Greenville, South Carolina:
Represented Garrison Investment Group on the sale of 201 and 651 Brookfield
Parkway, Greenville, South Carolina for a total purchase price of $25,000,000.
United States: Represented a major
NYC based private equity fund on the sale of 4 senior living facilities located
in Michigan, Oklahoma, Tennessee, and Alabama for a total sale price of
$180,000,000. The transaction included the assignment to purchaser of
$100,000,000 in mortgage indebtedness.
Manhattan, NY: Represented a major
developer in the $125 million acquisition of apartment buildings in downtown
Manhattan.
Manhattan, NY: Represented the
purchaser of two Manhattan apartment properties located at 85 th E. 10 th St.
and 112-120 E. 11 th St., containing 151 units for $122.5 million.
Manhattan, NY: Served as legal
counsel to the Durst Organization in connection with various transactions
relating to the acquisition of the East Harlem development site at 1800 Park
Avenue (located between 124th and 125th Streets).
$485M sale of two upper east side
apartment buildings
Sale of Highline area development
site for record price per square foot
Representative Insurance
Adjustment/Consultant Assignments (retained by insurers)
Silverstein, 9/11 claim
Deutsche Bank, 9/11 claim
Federal Realty, Santana Row, San
Jose, CA, Fire Loss
Related Company, AOL/TW Center,
Fire Loss
Macklowe Properties, 501 Madison
Avenue, Fire Loss
Hurricane Sandy World Trade Center
and South Street Sea Port Claims
Classes / Seminars
“Multifamily Lending: Debt
Outlook,” Bisnow’s Tri-State Multifamily Annual Conference, Moderator, March
2022
Lender Seminars, Speaker, January
2020
“Complex CAT Claim - Mixed Use,
Mixed Owners, Mixed Policies,” PLRB’s Large Loss Conference 2019, Speaker,
November 2019
“Real Estate Investment Structures
Providing the Best Returns,” iGlobal’s 2018 Global Leaders in Real Estate
Summit: East, Moderator, October 2018
“Doing Business in NYC-A Regulatory
and Political Roadmap to Investing in Multifamily in NYC and the Suburbs
Panel,” New York Real Estate Private Equity & Capital Markets Forum,
Moderator, March 2018
IMN’s Real Estate Mezzanine
Financing & High-Yield Debt Forum, (Non-Bank Lending), November 8, 2017
IMN-2nd Annual Real Estate General
Counsel’s Forum (Property Management, Leases & Lease Restructuring),
September 10-11, 2012
Law and the Financial Crisis
Economic Regulation During Turbulent Times (Speaker), Syracuse University
College of Law, Law Review Symposium
Published Works
Rosenberg & Estis Leaders
On Once-Unsexy NYC Real Estate
Published on October
9, 2024 in: Law360
2022 Industry Leaders: Michael
Lefkowitz, Rosenberg & Estis
Published on September
27, 2022 in: New York Real Estate Journal
Professional Business Associations
IR Global Real Estate Committee
Member, and East Coast Committee Representative
Syracuse University Maxwell School
of Citizenship and Public Affairs Board of Advisors, Member