Ari Glatt is a partner in the Real Estate Group who handles the sale, development, leasing, and financing of properties nationwide, with a particular focus on condominiums and cooperatives. Ari deftly negotiates transactions and crafts business-focused strategies and tax-optimized deal structures to deliver on his clients’ goals.
My work encompasses all stages of purchase and sale transactions from preparing and drafting the entire range of deal documents, through negotiations and closing. I help clients such as major developers, institutional lenders, joint ventures, high profile sponsors, and private investors by counseling them with respect to purchase and sale agreements; conveyance, construction, and escrow documents; broker and property manager arrangements; transfer tax planning; general corporate contracts; and financing structures, and all other diligence needed to ensure our clients are protected while efficiently sealing the deal.
As part of my condominium and cooperative law practice, I guide sponsors and investors on the formation, marketing, and sale of commercial and residential units in both new construction and conversion condo and co-op buildings. A significant part of these matters includes preparing offering plans, overseeing unit sales, and navigating clients through the submissions process with the NY Attorney General’s Office—which has helped cultivate strong relationships with other assorted city and state agencies. By continuously collaborating with firm colleagues and attorneys on both the NYS Bar and NYC Bar Cooperative and Condominium Committees, I am apprised of cutting-edge issues in the world of condos and co-ops, permitting me to keep my clients aware of critical legal developments and new regulatory requirements.
I draft a wide variety of acquisition, bridge, and mezzanine financing documents—including loan agreements, guaranties, environmental indemnifications, assignments, modifications, subordinations, certificates, resolutions, and mortgages—for commercial and private lenders and borrowers. These sophisticated deals involve forming companies and preparing governing documents for a multitude of entities, which has allowed me to acquire in-depth knowledge of operating agreements as well as LLC, partnership, and corporate law. My experience in representing both sides of the negotiating table enables me to analyze and identify business opportunities for clients at every finance stage, from the term sheet to loan payoff.
I work with both landlords and tenants in fast-paced markets to negotiate, assign, sublease, and amend commercial leases. I advise regarding all forms of leasing arrangements, from large and small office leases to more complex ground leases, including utilizing leasehold condominium structures to enable not-for-profit tenant entities to qualify for otherwise unavailable exemptions from real property taxes. I also handle issues in the context of landlord-tenant disputes, counseling my clients on litigation strategy and resolving disputes. These various leasing matters regularly involve negotiating related agreements such as brokerage, confidentiality, subordination, nondisturbance and attornment agreements, and contracts with design professionals, developers, and listing agents.
As fewer workers commute and office vacancies remain high, more and more building owners are calling emphatically for governments to reimagine the future of city business districts, all the while as residential communities are agitating for additional affordable housing options.
Due to this excess office space and growing housing need, I foresee greater emphasis on the use of real estate tax exemptions and abatements by elected officials to incentivize office-to-residential conversions. Those tax-saving opportunities will serve as a catalyst for savvy developers and investors to revitalize unused commercial and retail areas by converting them to new uses and living spaces.
This article featuring partner-level promotions in the first quarter of 2023 mentions Chicago Project Finance & Public Finance partner Julie Seymour’s appointment to NP’s Management Committee. The article also highlights members of the 2023 new partner class: Boston Intellectual Property partner Ravi Braich; Long Island Healthcare partner Jason Chimon; Washington, DC Community Development Finance partner Emily McKinney; New York City Complex Disputes partner Alper Tosun; and Affordable Housing & Real Estate partners Julia Casteleiro, Ari Glatt, and Kathie Soroka of New York and Ian O’Banion from San Francisco.
This article highlighting recent legal industry moves across New York State includes the promotions of New York City Affordable Housing & Real Estate partners Julia Casteleiro, Ari Glatt, and Kathie Soroka; New York City Complex Disputes partner Alper Tosun; and Long Island Healthcare partner Jason Chimon.
This article highlighting New York City-area job changes and board appointments includes the recent promotions of New York City Affordable Housing & Real Estate partners Julia Casteleiro, Kathie Soroka, and Ari Glatt, New York City Complex Disputes partner Alper Tosun, and Long Island Healthcare partner Jason Chimon.
This article spotlights the 2023 new partner class, which includes Long Island Healthcare partner Jason Chimon; Boston Intellectual Property partner Ravi Braich; New York City Complex Disputes partner Alper Tosun; Affordable Housing & Real Estate partners Julia Casteleiro, Ari Glatt, and Kathie Soroka of New York and Ian O’Banion from San Francisco; and Washington, DC Community Development Finance partner Emily McKinney. The article also quotes CEO and Managing Partner Steve Zubiago.
University of Chicago Law School, J.D., Rosenson Scholar
Columbia Law School, Visiting Law Student
Lander College, B.A., summa cum laude
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