Partner Matthew Parrott Mentioned in Crain’s New York Business on Foreclosure Representation

Real estate lender iStar Financial foreclosed on a luxury co-op conversion in New York’s TriBeCa neighborhood in May 2009, after developer R Squared defaulted on its $37.5 million mortgage. Matthew Parrott, a partner in the firm’s Litigation and Dispute Resolution Practice, represented iStar in the foreclosure proceeding. An article in Crain’s New York Business reports that the 16-unit development at 34 Leonard Street will be auctioned off May 5. (“Auction looms for luxury TriBeCa co-op building,” April 16, 2010)