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Bryant Rabbino Assists On the Remarketing Of $107,275,000 MTA Bridges and Tunnels General Revenue Variable Rate Bonds (6/27/18)

Bryant Rabbino LLP served as Co-Bond Counsel to the Triborough Bridge and Tunnel Authority in connection with the remarketing of $107,275,000 Triborough Bridge and Tunnel Authority Revenue (MTA Bridges and Tunnels) General Revenue Variable Rate Bonds, Series 2001C. The transaction was completed on June 27, 2018.

Charles Keefe, Jeff Piemont and Brittni Reaser assisted on the transaction.

Bryant Rabbino Assists DASNY with the Defeasance of $71,885,000 Hospital for Special Surgery FHA –Insured Mortgage Hospital Revenue Bonds (4/3/2018)

Bryant Rabbino LLP served as Defeasance Counsel for Dormitory Authority of the State of New York in connection with the defeasance of the Authority’s $71,885,000 outstanding Hospital for Special Surgery FHA –Insured Mortgage Hospital Revenue Bonds, Series 2009. This transaction closed on April 3, 2018.

Charles Keefe assisted on the transaction.

Bryant Rabbino Assists New York State HFA with $55,965,000 Offering of Riverside Center Housing Revenue Bonds (3/7/18)

Bryant Rabbino LLP served as Co-Bond Counsel assisting the New York State Housing Finance Agency in connection with the offering of $55,965,000 New York State Housing Finance Agency, Riverside Center 1 Housing Revenue Bonds, 2018 Series A-1, 2018 Series A-2 and 2018 Series A-3. This transaction closed on March 7, 2018.  

Charles Keefe, Aram Muradyan and Brittni Reaser assisted on the transaction.

Bryant Rabbino Assists the MTA Bridges and Tunnels on $190,300,000 Remarketing for General Revenue Variable Rate Refunding Bonds (1/24/2018)

Bryant Rabbino LLP acted as Co-Bond Counsel in connection with the remarketing by Triborough Bridge and Tunnel Authority (MTA Bridges and Tunnels) of its $190,300,000 General Revenue Variable Rate Refunding Bonds, Subseries 2005B-2. The transaction closed January 24, 2018. 

Charles Keefe, Jeff Piemont and Brittni Reaser assisted on this transaction.

NYS Executive Budget Reauthorization of Article 15A

Legal Update

The New York State Executive Budget Includes Strong Reauthorization of Article 15A, Important Changes to Personal Net Worth, Strong Workforce Development Policies, Stiff Criminal Penalties for Fronts and other Fraud

BRYANT RABBINO ASSISTS BUILD NYC ON $11,000,000 TAX-EXEMPT BOND OFFERING FOR CATHEDRAL SCHOOL OF ST. JOHN THE DIVINE (12/29/2017)

Bryant Rabbino LLP served as Bond Counsel to Build NYC Resource Corporation in connection with the offering of a $11,000,000 Build NYC Resources Corporation Tax-Exempt Revenue Bonds (Cathedral School of St. John the Divine Project), Series 2017.  The transaction closed on December 29, 2017.


 Seth Bryant, Aram Muradyan, Brittni Reaser and Gloria Bissessar assisted on the transaction.

Bryant Rabbino assists New York City Industrial Development Agency on $2,475,000 transaction for Octopus Garden Inc. (10/27/17)

The New York City Industrial Development Agency (“NYC IDA”) announced that it closed a $2,475,000 straight lease transaction with Octopus Garden Inc. (the “Company”) on October 27, 2017.

The Company was established in 1998 by Vincent Cutrone (seen smiling below). Vincent purchased an existing fish distribution company and shifted the business to focus on more difficult to source products such as octopus, squid, and cuttlefish. Today the Company’s products are sold to commercial customers throughout the U.S. and across the world. The Company currently occupies a 2,000 square foot facility in Gravesend Brooklyn which has limited their ability to grow. Through the financial assistance provided by the IDA, the Company will acquire and renovate a 10,000 square foot property in Port Richmond Staten Island. The project will enable the Company to increase employment by over 50%.

Seth Bryant and Bernard Armoo assisted NYC IDA on this transaction.

 

 

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