Prominent real estate owners, developers and lenders all rely on Hyman Kindler to help them structure and successfully execute sophisticated, often cutting-edge real estate deals in New York City and other important U.S. markets.
Hymie advises and represents purchasers and sellers looking to acquire, sell, develop or finance properties throughout the U.S. He focuses much of his practice on transactions involving large-scale commercial properties, including high-rise office buildings, major retail spaces and shopping centers, condominiums, residential and mixed-use apartment complexes, and expansive warehouse/industrial facilities.
In recent years, Hymie has closed more than a $1 billion in real estate deals. He has extensive experience representing clients looking to sell or acquire air rights or other transferable development rights in New York City—including those executing complex deals that involve assembling and combining multiple land parcels into a single development site.
Among his many deals, Hymie represented Kaufman Astoria Studios in the sale of its historic, century-old studio complex—the original home of Paramount Pictures—to a joint venture consisting of Hackman Capital Partners and Square Mile Capital Management. The deal generated substantial headlines and earned Olshan an M&A Advisor Award in the category “Private Equity Deal of the Year (between $500MM - $1B).”
Described by one client as “pleasantly unrelenting,” Hymie is in high demand across the nation. He worked with a West Coast joint venture to secure and close a complex $268 million refinancing for a triple net leased Amazon office building located in Seattle, WA, and then transfer the property to two tenants in common. He also represented the Korein family—one of the country’s leading real estate families—in its sale of 605 Lincoln Road in Florida’s South Beach to Thor Equities for $22.5 million. The retail property includes three street-level retail suites in the heart of Miami’s famous and highly sought-after Art Deco district.
Thorough, dedicated and extremely hardworking, Hymie drills down to the bottom line, finds solutions and gets deals done.
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Represented Kaufman Astoria Studios in the sale of the historic, century-old studios to the joint venture of Hackman Capital Partners and Square Mile Capital Management. Olshan was named a winner in the 21st Annual M&A Advisor Awards in the category “Private Equity Deal of the Year (between $500MM - $1B)” for this sale.
- Represented an industry-leading cancer research institution in the creation of a leasehold condominium on a parcel of land on the Upper East Side, permitting it to obtain a tax exemption under Section 420-a of New York's Real Property Tax Law. The client then cooperated with the landlord to permit a $130 million mortgage on the fee estate.
- Represented the Kaufman Organization in its acquisition of 40 West 25th Street, NY, NY for $121,500,000.
- Represented Bonjour Capital in securing a $115 million Fannie Mae loan for its property at 1735 York Avenue. Previously represented Bonjour in the acquisition of the building from Glenwood Management, including the acquisition financing.
- Represented the Korein family, owners of 240 Central Park South, in negotiating the sale of air rights and various easements relating to the settlement between Extell Development and Vornado Realty Trust (VNO).
- Represented sellers and developers in the transfer of air rights in connection with the construction of the following NYC condominiums: Vesta 24 Condominium (24th Street and 10th Avenue), The Urban Glass House Condominium (330 Spring Street), Park Avenue Place Condominium (55th Street and Park Avenue), 425 Fifth Avenue Condominium (38th Street and 5th Avenue), Crossing 23rd Condominium (Gramercy-Flatiron District), Jade Condominium (Chelsea), Impala Condominium (76th Street and First Avenue), and The Porter House Condominium (Meatpacking District).
- Represented joint venture of Boston Properties and Madison Equities for the office building assemblage on Manhattan's 8th Avenue—consisting of nine lots, two air rights parcels, and three different sellers—for more than $200 million.
- Represented the Kaufman Organization in its acquisition of 56 West 22nd Street, New York, NY for $48,500,000.
- Represented a joint venture in securing a $268 million refinancing for a triple net leased Amazon office building located in Seattle, WA, and transferring the property from the joint venture to two tenants in common.
- Represented the joint venture of Property Markets Group and Madison Equities in the acquisition of the assemblage for a new 18-story tower in the West Village on Sullivan Street.
- Represented the Korein family in its sale of 605 Lincoln Road in Miami’s South Beach to Thor Equities for $22.5 million. The retail property includes three street-level retail suites in an office building in the heart of the city’s Art Deco District.
- Represented the seller of Independence Plaza North, a Mitchell-Lama apartment complex in New York City, for $156 million.
News
Publications
Honors & Recognitions
- Consistently named to the New York Metro Super Lawyers list since 2008
Professional
- New York University School of Law, Furman Center for Real Estate and Urban Policy, Transferable Development Rights Advisory Committee
Blog Posts
Practice Areas
Education
J.D., New York University School of Law, 1988
B.S., New York University, 1985
Admissions
- New York
