Sean A. Altschul is a Partner and Head of the New York Real Estate Practice of Smith, Gambrell & Russell, LLP.
Lucky for us, Sean didn’t choose to spend his life on the golf course after he actually beat Tiger Woods one day at a national Junior Golf tournament. Today, Sean continues to score holes-in-one on the golf course as a hobby, and in the legal field for his clients.
Sean Altschul is a true pro in all areas of real estate. The New York Times has quoted Sean on multiple occasions and he is the author of “Hidden Issues Emerge in Commercial Property Acquisitions” published by Real Estate Weekly.
He has developed a deep and broad understanding of Real Estate transactional matters as a result of representing numerous property owners, real estate developers, investment management companies, real estate equity and opportunity funds, multi-generational real estate families, and a wide array of investors regarding the acquisition, sale, and financing of shopping centers, multi-family properties, commercial, retail, and industrial buildings, vacant land, restaurants, mixed use buildings, condominium units, cooperative apartments and private homes.
Additionally, Sean has extensive experience with all aspects of leasing transactions, representing landlords, tenants, and subtenants with a myriad of property types throughout the United States, including office buildings, warehouses, restaurants, retail space as well as regional malls (anchor and mall tenants) and neighborhood shopping centers.
When it comes to lending, Sean is equally accomplished and has represented all types of borrowers and both institutional and private lenders on a wide variety of loan facilities, including senior and mezzanine loans, construction financing, asset-based transactions, restructurings, and the disposition of distressed debt. He has mastered all phases of mortgage foreclosure and is also highly skilled in negotiating workout agreements for loans that are in default.
In the area of cooperative and condominium law, Sean has represented numerous sponsors of offering plans in the conversion process to condominium ownership and has served as general counsel to several cooperative and condominium housing corporations. Sean has been heavily involved with overseeing apartment corporations’ commercial leases, construction contracts and refinancing of underlying mortgages. His knowledge also extends to general corporate matters, including matters relating to tenant stockholders, board members, managing agents, contractors, superintendents, building employees, and others.
Sean is a member of the Real Property Law Section and Cooperatives and Condominium Committee of the New York State Bar Association. Sean is also a member of the International Council of Shopping Centers. He has served as a guest lecturer on timely real estate related issues for a variety of business organizations. He is also a frequent contributor to The New York Times. Sean was named a New York Rising Star in 2013 and 2014.
Sean received his A.B. from Washington University in St. Louis in 1996, and his J.D. from the University of Miami School of Law in 1999, where he earned the Cali Excellence for Future Achievement Honor. He is admitted to practice in New York and Florida.
Put simply, Sean’s counsel is above par, and he’s more than ready to tee up and help you with any Real Estate legal matter you’d like to take on. He and his family live in New Jersey, and he is an avid sports fan with a passion for travel.
New York State Bar Association – Real Property Law Section, Cooperative and Condominium Committee
International Council of Shopping Centers, member
“Hidden Issues in Commercial Property Acquisitions” (Published in Real Estate Weekly, October 15, 2008).
“A Satellite Dish on the Roof” (Published in “Q + A’s” section of The New York Times, Sunday Real Estate, May 18, 2008).
“Overcharged for Power for 45 Years” (Published in “Q + A’s” section of The New York Times, Sunday Real Estate, January 21, 2009).
“In the Hot Seat Over Air-Conditioning” (Published in “Q + A’s” section of The New York Times, Sunday Real Estate, September 25, 2009).