

The transaction won the Real Estate Board of New York's 2004 Henry Hart Rice Achievement Award as the most ingenious leasing transaction of the year.

The lease provides for, among other things, long term renewal options, expansion options and options to require the landlord to construct additions to the buildings over the term of the lease.

The Durst Organization in the lease of 9 floors at 1133 Avenue of the Americas to a prominent law firm and in a separate lease of both retail and office space to Steinway Musical.Somerset Partners in the acquisition, financing, leasing and sale (for approximately $550 Million) of 450 Park Avenue.The Durst Organization in construction loans and EB-5 financings for each of 855 Avenue of the Americas and 625 West 57th Street in an aggregate amount in excess of $900 Million.Hellman's after-hours commitments include memberships on several committees of the Real Property Law Section of the New York State Bar Association. In recent years, most of Hellman's practice has been concentrated on acquisitions, dispositions and developments throughout the United States, as well as on representing borrowers in complex financings and both owners and tenants in commercial leasing matters. Hellman joined Rosenberg & Estis in 1993 and is a Member with the firm's Transactional Department.
