Eric S. Orenstein

Founded 40 years ago, Rosenberg & Estis, P.C. (R&E) is recognized for its in-depth knowledge of all aspects of the New York City real estate market. Clients have long relied on R&E’s unique ability to recognize and address all legal aspects of complex real estate projects. The firm’s level of legal acumen, combined with sound business sense, allows R+E to exceed clients’ expectations, however complex the case or transaction. The firm is extremely proud of the concrete examples of its work throughout New York.

Long term clients include The Durst Organization, for whom R + E put together a joint venture with the Bank of America to construct One Bryant Park as the Bank’s headquarters, contributing to the rebirth of the Times Square area. Another joint venture, typical of the high profile transactions handled by R+E, is the joint venture between Durst and The Port Authority of New York and New Jersey for the construction and operation of the new One World Trade Center “Liberty Tower”. Over the last year lawyers at the firm closed over 1 billion of EB 5 financing for lenders.

In September 2015, the Real Deal, the New York real estate industry magazine, recognized the 72 real estate lawyer R+E as New York City’s largest real estate practice group, encompassing all aspects of real estate legal practice, representing clients in financing, development, leasing and related transactional work, litigation, zoning and land use as well as addressing related rent regulation and administrative law issues.

Because of its experience and sensitivity to the needs of clients in the real estate world, R+E remains the first choice of numerous prominent local, national and international developers, institutions and landlords in connection with their New York real estate legal work.

 

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Eric S. Orenstein joined Rosenberg & Estis, P.C. in 2005 and is a member of the firm's Transactional Department.

Mr. Orenstein currently represents owners and developers of commercial properties in the tristate New York area providing his legal expertise in all aspects of real estate including financing, development, leasing and purchase and sale transactions.

Mr. Orenstein's close interaction with his clients and assistance in evaluating his clients' deals from their inception has allowed him to develop an understanding of all the issues concerning commercial real estate from both a legal and business perspective.

In 2018, Mr. Orenstein achieved AV Preeminent status from Martindale Hubbell and was honoured among “Top 25 Attorneys 2018” in the United States by EB5 Investors Magazine. 

His recent professional accomplishments include:

• Served as lead counsel representing the EB-5 lender in a $200 million construction mezzanine loan for a mixed-use (retail/hotel) project in the Times Square district in New York.
• Served as lead counsel representing the developer in connection with the acquisition, financing and development of a mixed-use condominium on Wooster Street in New York.
• Represented developer in its acquisition of a ground leasehold position, and the subsequent financing and development of a 450-unit residential complex. The transaction included complex development/construction agreements involving historic architectural elements and design.

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