Douglas B. Heitner is a partner in Kasowitz’s Real Estate Transactional group, where he represents clients in a wide range of real estate matters, including joint ventures, financings, investment sales and acquisitions, secondary market debt acquisitions/dispositions, developments, leasing, loan workouts, public/private projects and real estate related litigation matters.
Mr. Heitner regularly represents the nation’s leading real estate companies, including JDS Development, The Witkoff Group, The Related Companies, Steiner NYC, Starwood Capital, Green Oak Real Estate, LNR Partners, GFI Development, and The Imperial Companies.
Mr. Heitner is ranked in Chambers USA, where he is particularly noted for his strength in joint venture negotiations for his clients. He has also been named to Law360's “Rising Stars” list four times, making him one of only 156 lawyers nationwide selected for inclusion in the prestigious listing. Mr. Heitner is also regularly recognized in The Legal 500, The Best Lawyers in America, and Super Lawyers.
Prior to joining Kasowitz in 2011, Mr. Heitner was an associate in Skadden, Arps, Slate, Meagher & Flom LLP’s real estate group.
- The Witkoff Group and New Valley in the acquisition, financing and development of 701 Seventh Avenue in Manhattan. This deal is considered to be the most significant development project in Times Square currently underway.
- JDS Development in a $650 million mortgage and mezzanine loan for a luxury multifamily construction project located at 626 First Avenue in Manhattan, known as the “American Copper Buildings.”
- Imperial Cos. in the $98.5 million purchase of more than four dozen units of Manhattan residential condos from Ares Management located at the Apthorp in Manhattan.
- YYY 62nd Street LLC, a joint venture between Joy Construction and Maddd Equities, in securing an $86 million construction loan for its new 7-story office building located at 330 East 62nd Street in Manhattan.
- Herald Square Properties and Marciano Investment Group in the $52 million purchase of a pre-war commercial building located at 251 West 30th Street in Manhattan.
- LNR Partners in running their equity platform across the United States and in several high-profile loan workouts/restructurings.
- JDS Development in securing $52 million construction financing for a new apartment condominium located on the northeast corner of Baltic Street and Fourth Avenue in Brooklyn, New York.
- MRP Realty and Deutsche Asset Management in an approximately $238 million purchase of an office and retail property located at 405 Park Avenue in Manhattan.
- Tribeca Associates in the $130 million purchase of a notable Manhattan office property located at 30 Broad Street in Manhattan.
- Madison Realty Capital in the purchase of the Brooklyn Whale Building located at 14 53rd Street in Brooklyn, New York.
- Steiner NYC in the negotiation of a long-term ground lease with the Brooklyn Navy Yard Development Corporation and a long term lease with Wegmans Food Markets in, Brooklyn, New York.
- Starwood Capital Group in the acquisition of 1372 Broadway in Manhattan.
- JDS Development in the acquisition, joint venturing, financing and development of the mixed-use Steinway project, located at 105-111 West 57th Street in Manhattan.
- Africa Israel in the sale of the Clock Tower building in Manhattan.
- Green Oak Real Estate in a joint venture to acquire and finance two office assets in Long Island City, New York.
- Turnbridge Equities in the acquisition and development of commercial properties in Miami, Florida and Austin, Texas.
- New Valley in the formation of several joint ventures to acquire debt interests, multi-family assets and a residential development project in New York City.
- Silverstein Properties in the development, financing and initial lease-up of Towers 2, 3 and 4 in the World Trade Center in Manhattan.
- Boston Properties in the initial lease-up of 250 West 55th Street and the surrender of space at the Times Square Tower in Manhattan.
- Starwood Capital in the acquisition and participation of mezzanine debt secured by the Standard Hotel in Manhattan.
- The Dwight School in certain leasing transactions in Manhattan.
- GFI Development in the construction financing of a new Ace Hotel in downtown Brooklyn, as well as a dispute over, and restructuring of, certain assets in New York City and Palm Springs, California.
- Central Synagogue in various construction and development matters.
- Apollo Real Estate in the purchase and financing of the Innkeepers hotel portfolio.
- SL Green in the formation of its joint venture with Vornado for the acquisition of 280 Park Avenue in Manhattan.
- Tishman Speyer in the retail/restaurant leasing at Rockefeller Center in Manhattan.