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University of New York

A german investment company asked us to advice them on the purchase of this 25 storey comprising state of the art building with an hereditary building right of 49 years and a building lease of 30 years.

In the foreground of our careful consideration were contracts with hereditary building right as well as the building lease, the escalation clauses and the analysis of the area-ad-on-factor within the lease market cycle in New York City.

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