Smith Gambrell Guides $81M Sale of NYC Building To Chanel

Law360 (June 28, 2018, 7:04 PM EDT) -- Smith Gambrell & Russell LLP said Thursday it served as legal counsel to private partnership 15 East 57th Street Associates in its sale of a 17-story property in midtown Manhattan to fashion house Chanel Inc. for approximately $81.47 million.

Chanel Inc., the American unit of the French haute-couture retailer, had since 1993 leased the Manhattan building at 15 E. 57th St., which encompasses its headquarters and flagship retail store, according to Smith Gambrell, an international law firm of about 220 attorneys founded in 1893 with offices in New York and other U.S. cities as well as London and Munich.

Dana L....

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