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3 Firms Guide $140M Manhattan Fifth Avenue Loan


Law360 reported that Signature Bank and Metropolitan Commercial Bank have loaned $140 million for an iconic New York Fifth Avenue building in a deal guided by Sheppard Mullin, Goldberg & Pines and Golenbock Eiseman.

The article dictates "Sheppard Mullin helped Signature Bank with the loan for the Fred F. French Building at 551 Fifth Ave., while Goldberg & Pines counseled Met Bank and Golenbock Eiseman Assor Bell & Peskoe LLP assisted borrowers French Partners LLC, New York French Soundview LLC and New York Fifth Avenue Co-Investors LLC. The 38-story property has 430,156 square feet of space and was completed in 1927."

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