Blackstone Group Acquires Parker Towers in Forest Hills

Blackstone Group Acquires Parker Towers in Forest Hills

 

Fried Frank acted as counsel to an affiliate of Blackstone Group in connection with its approximately US$475 million acquisition of Parker Towers, an apartment complex in the heart of Forest Hills, Queens, from Jack Parker Corporation. Parker Towers consists of approximately 1,300 units across three 20-story residential towers situated close to Austin Street and Forest Hills Stadium.
 
The Fried Frank team included real estate partner Ross Z. Silver; corporate real estate partner Patrick M. Dowd; and real estate associates Julianne E. Befeler, Lindsey M. Dubb; and real estate law clerk Eleanor Hughes.
 
 

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