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Edward Puerta



Ed Puerta represents developers, purchasers, sellers, landlords and tenants of commercial, retail and industrial properties around the country and investors and stakeholders in both simple and complex property transactions.

What do you focus on?

Acquisitions and dispositions

I represent purchasers and sellers of real property that include health systems, real estate investors and not-for-profits. In this role, I negotiate agreements and advise clients on financing, structuring issues, compliance matters, and local building and zoning regulations.

Leasing

Leasing is another core area of my practice. I work with both landlords and tenants to negotiate, draft and amend commercial, retail and industrial leases. I also work extensively with clients on medical and health care leases, which present unique challenges due to governmental regulations and restrictions.

Affordable housing

My practice also involves affordable housing, and I represent clients in the siting and financing for a number of affordable housing developments. I am proud to have worked on and closed more than $500 million in projects to create quality affordable housing in urban and suburban areas around the country. This area involves a web of interaction between developer, owner, investor and government before results can be seen. Locally, I serve as outside counsel to the Long Island Housing Partnership, a not-for-profit with more than thirty years’ experience developing, rehabilitating and sustaining affordable housing on Long Island.

What do you see on the horizon?

I find the interplay between responsible, environmentally-sustainable development and profit-oriented investors fascinating, particularly at a time when governments are revisiting their regulatory models and their offerings of tax benefits. I think the next few years will require creativity and new funding sources to succeed in property development and rehabilitation. I’m also closely watching emerging models of healthcare delivery and the “encroachment” of medical office space into traditional retail segments.

Representative Transactions

  • Guiding a non-profit health care system in the sale of 600+ units of regulated low-income and senior housing to a national developer and operator of affordable properties.
  • Representing a midtown Manhattan office tower owner on all aspects of property leasing and operations
  • Advising on the creation and operation of one of Long Island’s first community land trusts
  • Negotiating the disposition of an international transportation company’s headquarters property on Long Island

Commercial ventures present opportunities and risks for health systems

Modern Healthcare | March 02, 2019

Long Island Affordable Housing and Real Estate Partner Ed Puerta is quoted in this article discussing the trend of hospitals using creative acquisition strategies to increase their patient base.

Macy's, Hot Topic… dermatology? Providers eye malls for one-stop healthcare shopping

Modern Healthcare | September 27, 2017

Long Island real estate partner Ed Puerta is quoted in this article about the trend of health care providers moving into shopping malls.

Law360 names attys who moved up the firm ranks in Q1

Law360 | April 27, 2017

This article mentions recent leadership promotions at the firm including David Brown, Jared Lusk, Jim Vallee, Graham Beck, Kathleen Ceglarski Burns, Emily Crandall Harlan, Daniel Gibbons, Linda Huber, Ilana Kameros, Haydon Keitner, Darren Miller, Neal Pandozzi, Edward Puerta, Stephen Reil, and Elizabeth Young.

Contact

Edward Puerta

Partner

Long Island

Phone: 516-832-7547


Fax: 866-833-5897

Touro College Jacob D. Fuchsberg Law Center, J.D., summa cum laude

State University of New York at Geneseo, B.A.

New York

U.S. District Court, Eastern District of New York

Ed serves on the faculty of the Touro College Jacob D. Fuchsberg Law Center, where he teaches a course real estate transactions. He also serves as a member of the Board of Governors for the law school. Since 2016, he has served at outside, pro-bono counsel to the Long Island Housing Partnership, a not-for-profit organization committed to creating and maintaining safe, quality affordable living opportunities in Nassau and Suffolk Counties in New York.

Ed is a member of the New York State Bar Association, the Nassau County Bar Association, the New York County Lawyer’s Association, and the American Bar Association.

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