Stephen B. Weissman is the head of the Real Estate Practice Group in the Rivkin Radler’s Uniondale office. Mr. Weissman emphasizes his practice in: (1) acquisition, sale, leasing and management of real estate; (2) development, construction and renovation of apartment and office complexes, manufacturing facilities, shopping centers and hotels; (3) real estate financing for institutional lenders, owners and developers; (4) conversion of multiple dwelling and mixed-use structures into commercial and residential cooperatives and condominiums; (5) syndication of real property interests; and (6) real estate workouts and bankruptcy rearrangements.
Mr. Weissman’s corporate experience includes all forms of general corporate representation on behalf of publicly held and private corporations, partnerships and other entities, with emphasis on asset and stock acquisitions, mergers, leveraged buyouts, corporate finance, restructurings and bankruptcy reorganizations. Corporate housekeeping matters have included shareholder, partnership and joint venture agreements, employment agreements, manufacturing and distribution agreements, licensing agreements and security law compliance documentation.
Some of Mr. Weissman’s transactions include:
Representation of a merchant banking group in connection with the acquisition of a New York based retailer with a chain of stores and operations in Puerto Rico having aggregate annual sales in excess of $250 million; served as general counsel to such retailer in connection with the negotiation of a $50 million term loan and revolving credit facility, the development of approximately 2.5 million square feet of retail space and the divestiture of the Puerto Rico operation and a division of women’s discount clothing stores.
Representation of a major public housing corporation in connection with a $400 million construction project to correct design flaws, which caused the public housing project owned by such client to sink.
Representation of a major Japanese audio component manufacturer and record company in connection with the development and construction of a $30 million compact disc manufacturing facility in Madison, Georgia.
Representation of a major New York developer in connection with the development of a $70 million five star hotel in West Haven, Connecticut, which is the first phase of a $500 million multi-use project known as “Vivitat Institute” sponsored by Yale University Medical Center as a life enhancement facility for persons prone to cardiac problems.
Representation of a farm credit bank, having jurisdiction over all loans under the U.S.A. Farm Credit Act in the Northeast, in the restructuring and securization of a $250 million loan facility to a licensed farm cooperative.
Representation of a major asset-based lending institution in post-conformation financing in the approximate amount of $120 million for a public company in the men’s fashion industry.
Representation of another asset-based lending institution in the real estate aspects of numerous financings to public and private companies in various industries ranging in size from $25 million to $125 million.
Representation of a bank group consisting of domestic and international banks in the workout of two loans in the aggregate sum of $210 million on an office park located in California, which property was a joint venture of a major insurance company and a Fortune 100 company.
Representation of the Official Unsecured Creditors Committee regarding real estate aspects in the Chapter 11 reorganization proceeding of a major retailer.
Representation of a British banking institution in the sale of a large undeveloped parcel of land located in mid-town Manhattan for a purchase price of $18 million.
Representation of a large New York commercial bank in the sale of a hotel from a bankruptcy debtor under a Chapter 11 Reorganization Plan.
Representation of a major commercial bank serving as the lead lender on a $75 million term and revolving credit facility to finance the leveraged buyout of a mid-west department store chain.
Representation of the same commercial bank serving as the lead lender on a $90 million term and revolving credit facility to finance the leveraged buyout of a British mining concern.
Representation of another commercial bank in connection with a $75 million loan to construct the Novotel Hotel in midtown Manhattan.
Representation of the same commercial bank in connection with a $25 million loan to construct a shopping center in Shelton, Connecticut.
Representation of the Creditor’s Committee in connection with the commercial aspects of the bankruptcy of a Long Island based electronic parts manufacturer.
Representation of a major mattress manufacturer in connection with the acquisition of a manufacturing facility in Brooklyn, New York, which was financed by $2.2 million in tax exempt bonds issued by the New York City Industrial Development Authority.
Representation of the owner of a landmark midtown hotel in its sale to a major Japanese hotel company for the purchase price of $29 million.
Prior to joining Rivkin Radler LLP in January 1999, Mr. Weissman served Of Counsel to the law firm of Otterbourg, Steinder, Houston & Rosen, P.C. and was previously a partner at Phillips, Nizer, Benjamin, Krim & Ballon.
Mr. Weissman received his Juris Doctor in 1975 from Columbia University School of Law and his Bachelor of Arts in 1972 from Northwestern University. He was admitted to practice in New York in 1976.
