Kriss Feuerstein, King Spalding Steer $270M NY Hotel Deal

Law360, Los Angeles (May 11, 2015, 5:23 PM EDT) -- Kriss & Feuerstein LLP represented an affiliate of Ashkenazy Acquisition Corp. in its $270 million purchase of a New York Marriott hotel from an entity affiliated with Morgan Stanley Real Estate Advisor Inc., which had counsel on the deal from King & Spalding.

The deal for the 655-room New York Marriott East Side hit public records on Monday.

The 655-room New York Marriott East Side has changed hands in a $270 million deal. (Credit: AP) Earlier media reports said Ashkenazy was paying about $290 million.

The 35-story property is at 525 Lexington Ave. near Grand Central Terminal. It offers rates from $219...

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