Practice Areas
Business and Finance
Private M&A
Parnagian LLC has substantial experience representing buyers and sellers of private businesses in numerous industries including apparel, handbags and footwear; commercial boilers; commercial heating, ventilation and air conditioning equipment; automobile dealerships; graphic design; ground transportation; food service; floral, landscaping and outdoor construction; and fitness centers.
Finance
The firm is skillful in representing clients in capital raising transactions through private placements of equity stakes and through debt financings with institutional and private lenders.
General Business
Parnagian LLC serves as general outside counsel to a variety of enterprises (including not-for-profit businesses and professional practices). In addition to providing advice to its clients’ senior management on strategic matters, the firm negotiates and drafts myriad business agreements and instruments including shareholder and operating agreements; termination and severance agreements; distribution agreements; exclusivity, confidentiality and non-disclosure agreements; license agreements; UCC and other security agreements; investor rights and co-sale agreements; joint venture agreements; and loan agreements.
Real Estate
Acquisitions & Dispositions
Parnagian LLC regularly advises clients on real estate acquisitions and dispositions in New York, and firm clients have bought and sold office space, light industrial space, warehouses, street level retail space, and multi-family income premises. Clients include overseas businesses and individuals — including from Europe, the Middle East and the Gulf States — seeking New York commercial and residential income real property for their investment portfolios.
Leasing
The firm regularly represents landlords and tenants in the negotiation and documentation of New York commercial leases including for office, retail, medical, and warehouse spaces. Parnagian LLC also frequently negotiates and documents license agreements, guarantees, early terminations, and option agreements.
Financing
Parnagian LLC has broad experience representing clients in connection with permanent financing for commercial real estate in New York, including in respect of financing (including SBA 504 financing) for the purchase of retail and office commercial condominium units in Manhattan.
Residential
For affluent and high net worth clients, the firm handles the gamut of residential real estate transactions including purchases, sales, and leasing of townhouses, condominiums, and cooperative corporation apartments. Attention to detail and risk management are the hallmarks of the Parnagian LLC’s residential real estate practice area.