Practice Areas - Real Estate Law Firms and Lawyers
| Deal Date: | 06-01-2014 | Practice Area: | Real Estate |
| Deal Title: | Fosun International Acquisition of One Chase Manhattan Plaza, New York | Industry: | Real Estate Investment & Services |
| Description: |
DLA Piper represented Shanghai-based Fosun International in its USD725 million acquisition of One Chase Manhattan Plaza in New York from JPMorgan Chase.
The transaction, which closed on December 17, marks the largest purchase of a New York building by a Chinese investor. The 60-story, 2.2 million-square-foot office building was once the headquarters of Chase Manhattan Bank.
The DLA Piper team representing Fosun International was led by real estate partners Stephen Cowan (San Francisco) and Andrew Levy (New York) and senior associate Lillian Duan, head of the Real Estate group in Shanghai.
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| Financial Center: | San Francisco | Value: | 500.01-1000.00 |
| Advised Party: | Purchaser | Law Firm | DLA Piper |
| Real Estate Jurisdiction | United States | Purchaser Jurisdiction | China |
| Classification: |
Real Estate Acquisitions and Disposals Office |
Lawyer | Stephen Cowan |
