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Douglas Gladstone joined the firm in 1998 and became a partner in 2007. Douglas has a sophisticated transactional real estate practice with extensive expertise in drafting and negotiating contracts, construction financing agreements, partnership agreements, and joint venture agreements. He also handles construction, development, and workout agreements and commercial, ground, net and retail leases. He represents a variety of clients in the acquisition, financing, development, ownership, management and disposition of office buildings, multi-family and mixed-use properties, shopping centers, hotels, townhouses and other properties in New York City and nationwide.
Douglas has recently represented a joint venture in connection with the acquisition and financing of a 256 unit garden apartment complex in Dobbs Ferry, New York and the purchaser under a “stalking horse” bankruptcy contract in connection with the acquisition of a mixed-use condominium project in Manhattan. Douglas has also represented a locally prominent self storage developer in connection with an $89,000,000 acquisition, construction financing, redevelopment and subsequent bulk sale of a portfolio of self storage facilities located throughout New York City.
Douglas also has extensive experience representing developers in connection with the acquisition, construction financing, redevelopment and conversion of multi-family apartment buildings into high-end single family townhouses, including projects located at 709 Park Avenue, 35 West 76th Street, 26 West 76th Street, 60 Jane Street, 38 West 87th Street, 1281 Madison Avenue, and 13 West 89th Street, New York City.
Douglas has also represented Benenson Capital Partners, LLC in various transactions, including the acquisition and financing of a 65,000 square foot newly built multi-nationally tenanted shopping center in Miami, Florida, the acquisition of development rights and sale of a development project located at 221 East 34th Street, New York City, the sale of hotels located in Westport and Southbury, Connecticut, the sale of nine (9) Wal-Mart parcels and the acquisition, financing and disposition of multiple net lease and other commercial properties throughout the United States.
Douglas worked in the commercial real estate industry while attending Brooklyn Law School, where he served as the Vice President of the student body.
Douglas lives in Rye Brook, New York with his wife and two sons.
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