Sonia focuses her practice on commercial real estate transactions. Her experience includes the representation of retail companies, developers, hotel groups, landlords and tenants in connection with acquisitions, dispositions, development, ground and space leases, financing and leasing of commercial properties. She has worked on transactions involving numerous types of commercial assets including mixed-use, residential, retail, hotel and industrial properties throughout New York City and other major markets.
Sonia has significant experience in the preparation and negotiation of leases, purchase agreements, easement and restriction agreements and development agreements on behalf of retail tenants and national developers and landlords. She has extensive experience in representing buyers and sellers with acquisitions, financings and conversions of buildings including residential, commercial and mixed-use properties. Her experience also includes preparation and negotiation of joint venture agreements, preparation and negotiation of development agreements, easement and restriction agreements, property management and leasing agreements, and preparation of condominium offering plans.
Representative Experience
Represented one of the nation’s largest banks in the financing of a 55MW utility-scale solar facility (approximately $250MM in value) in New Mexico. The bank provided the construction financing and will provide the long-term financing.
Lead counsel to large national retailer in connection with all aspects of the acquisition, development and leasing of new stores and remodel and expansion of existing stores throughout New York State.
Counsel to developer in acquisition and financing of $80MM assemblage of parcels in New York City with 1,000,000 square feet of leasing space.
Counsel to developer in ground lease and acquisition of multi-phase 700-room hotel and 195,000 square foot retail/entertainment center within 42nd Street Redevelopment project created by a public-benefit corporation of New York State.
Counsel to national developer in the acquisition and financing of $131 million New York City residential tower, including conversion to residential condominium.
Counsel to developer/purchaser in acquisitions, financing and joint venture of $86 million mixed-use building in New York City.
Counsel to various retailers in connection with leasing and subleasing.
Counsel to private equity group in their acquisition and financing of New York City hotel property.
Publications
On the Path of Lease Resistance by Sonia Bain and Daniel Anziska, New York Law Journal, November 21, 2011.