Payout pro sees big payday: RE attorney David Rozenholc sells his UES townhouse for $27M

Lawyer has helped clients secure big payouts from developers

TRD New York /
Feb.February 17, 2016 06:26 PM

A lawyer who specializes in getting tenants fat payouts from landlords just made his own big score.

David Rozenholc, regarded by some as the most feared tenant lawyer in the city, just sold his massive Upper East Side townhouse for $27 million, according to property records filed with the city Wednesday. The 13,000-square-foot Flemish brick mansion at 7 East 84th Street has eight bedrooms and 10.5 bathrooms, and boasts a butler’s pantry, wine cellar and private garage.

The Corcoran Group’s Carrie Chiang and Richard Phan had the listing, which was first listed with Douglas Elliman in 2013 for $30 million. It traded for about $2,075 per square foot to an unidentified Illinois-based investor who controls the entity LF Investments LLC. Rozenholc, who purchased the property in 1996, couldn’t immediately be reached for comment.

The veteran attorney has helped tenants secure massive payouts from developers such as Tishman Speyer, Starwood Capital Group and even Donald Trump. In 2014, he helped a pair of tenants receive $25 million from Tishman Speyer to vacate a small apartment at the developer’s Hudson Yards site, where it’s now planning a $3.2 billion office tower.

“I put myself in the position of the developer,” Rozenholc told Crain’s in October. “I find out what they paid for the property, what are they are going to build, what the construction will cost and how much the financing costs are. It takes two to tango, so you have to figure out exactly what it is worth to them.”


Related Articles

arrow_forward_ios
49 East 10th Street and Barbara Corcoran (Credit: Google Maps and Getty Images)

Corcoran to shut down office in building partly owned by Barbara Corcoran

Corcoran President & CEO Pamela Liebman (Credit: Corcoran, Getty Images)

Welcome to Queens: Corcoran opens first borough outpost

Corcoran CEO & President Pamela Liebman (Credit: iStock)

Corcoran begins new lead-gen push via Facebook ads

(Illustration by Charis Tsevis)

Revealed: Corcoran’s “hacked” files

Bill Cunningham and Citi Habitat's Gary Malin. The longtime president of sales is leaving the firm.

Corcoran shakeup: Bill Cunningham out; Gary Malin now COO

Realogy CEO Ryan Schneider

To pay off debt, Realogy to sell relocation biz for $400M

Cee Scott Brown and Jack Pearson

A top Corcoran team in the Hamptons bolts for Compass

Kate and Brian Meier

Corcoran’s Brian Meier heads to Christie’s

arrow_forward_ios