Jay Lang Email & Phone Number

“Lawyers are like wine--you can pay a lot of money for a fancy bottle that tastes like vinegar, or you can find a good deal that fits your budget and your palate alike.”KAREN A. COVY, When Happily Ever After Ends I am a commercial real estate attorney with over three decades of broad-based experience in all areas of real estate practice. I deliver to my clients detail-oriented representation in a cost-effective manner to help them achieve their objectives. I focus on understanding the business side of the deal so that I can sensibly protect my client’s interests and ensure that the transaction runs as smoothly as possible.I have practiced at some of the premier real estate law firms in New York City beginning my career at Dreyer and Traub and before joining Wilk Auslander, was a partner at Carb, Luria, Cook and Kufeld LLP.I work with owners, investors, developers, lenders, borrowers, landlords, tenants and public and private companies in all facets of commercial and residential real estate practice. During my career, which has spanned several highs and lows in the commercial real estate market, I have handled nearly every type of real estate transaction from acquisitions, dispositions, development, leasing and financing when the real estate market is vibrant, to foreclosures, workouts, restructurings, forbearance agreements, deeds in lieu of foreclosure and acquisition and disposition of troubled loans when the market has faltered. This vast real estate experience through good times and bad allows me to view each transaction through a dual lens and better protect my client from any eventuality. I also have considerable experience in resolving title related disputes, including those related to title of land underwater and riparian rights.

Listed skills include Real Estate Development, Real Estate Financing, Acquisitions, Property Disposition, and 4 others.

• 

  Partner

  Wilk Auslander Llp

  2006 - Present - Greater New York City Area

  As a Partner at Wilk Auslander LLP, a mid-sized New York law firm, widely respected for its sophisticated real estate practice, I am involved with a diverse range of matters, including:Acquisitions and dispositions of varied commercial and residential real estate, including office buildings, shopping centers, mixed-use properties, and development sites. Representation of institutional lenders in complex loan originations, and real estate owners and investors in multi-million-dollar mortgage loans, including commercial, mezzanine and construction financing. Acquisition of troubled loans and other distressed debt on behalf of investors, and loan workouts, loan restructurings, forbearance agreements and Deeds in Lieu of Foreclosure on behalf of Lenders and Borrowers.Commercial leasing, sub-leasing and ground leasing, real estate development and brokerage matters. Complex real property title matters, including issues related to land under water and riparian rights.Representative matters include:Represented a multibillion dollar company’s affiliate in a multi-million dollar financing, successfully negotiating the Lender’s form guaranty to help insulate the parent company from traditional springing guaranties and non-recourse carve-outs.Represented the owner of one of the top shopping centers in the country, in a multimillion-dollar nonrecourse mortgage refinancing and secured extremely favorable mortgage provisions.Counseled a Fortune 500 global food service company in a title dispute with the State and obtained significant financial savings through extensive, independent research of title and historical records dating back 150 years.Represented an investment fund holding a pool of distressed loans to quickly resolve contested foreclosure actions, and successfully obtain expedited title to the properties. Represented the developer for a national drug store chain in its acquisition, development, net leasing, and sale of multiple properties.