Phillips Nizer represented an affiliate of its legacy client BRM Development in the acquisition of the Hannaford Plaza shopping center located in East Greenbush, New York, in a tax-favorable transaction, for a purchase price in excess of $17 million, with financing provided through UBS AG New York Branch.

Phillips Nizer represented a condominium sponsor in the sale of a block of residential condominium units in Harlem to a New York-based investment group.