David Portal focuses his practice on all aspects of commercial real estate. Much of his work involves assisting his clients with strategies and approaches to purchase, sale, leasing, financing, and ownership structures.
I help my clients (which include landlords, tenants, developers, nursing home owners and operators, banks, hotel owners, hospitals, universities, and nonprofit organizations) with the acquisition and sale of commercial office and mixed-use buildings and hotels, the leasing (ground and master) of properties, multilevel financings, and negotiation of limited liability operating agreements and joint ventures. I also work heavily in commercial office and retail leasing, representing both landlords and tenants, as well as in airport leasing.
I strategize with clients on how to seize new or evolving opportunities through federal and state agencies, among other resources.
In addition to representing my clients on the real estate deals, I provide overall general advice and counsel on the transactions.
Much of my work is located within the city. New York City represents what our great nation is all about—diversity of people, neighborhoods, businesses and communities. I am also involved in multistate deals.
I lecture and give seminars at various institutions on behalf of the New York State Bar Association, the Legal Aid Society, and other associations on real estate matters. I enjoy teaching and the networking aspects of this service.
The real estate market is competitive. Getting deals done in a timely manner with the client understanding the potential risk is critical.
David’s Lessons Learned
I have instituted a practical learning segment within NP's Real Estate Department, where we/I discuss in a group setting current issues that lawyers encounter in real estate transactions, including purchases and sales, financings, leasing, transfer tax issues, and the like and best approaches for resolving issues.
City University of New York, Queens College, B.A., summa cum laude
Fordham University School of Law, J.D., cum laude (Fordham Law Review)
David is a member of the American, New York State, and New York City bar associations. He also serves as president emeritus of a local temple, and is on the board of directors and board of governance of a prominent college.
David received the 2012 Cornerstone Award from the Lawyer’s Alliance for New York for exemplary pro bono services and was awarded the 2012 Legal Aid Society Pro Bono Publico Award. He was also selected for inclusion in New York Super Lawyers in 2007, 2008 and 2013–2021, as well as Super Lawyers Corporate Counsel in 2009, based on peer-review surveys.
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