Areas of Concentration

  • Organizing and representing business organizations (including advising clients about business structures, shareholder agreements, operating agreements and handling recapitalizations and reorganizations)
  • Securities law issues (including initial public offerings, exemptions from registration and filings required under the securities laws)
  • Mergers and acquisitions
  • Investment funds and investment advisers
  • Broker-dealer issues
  • Commercial contracts
  • Commercial real estate (purchases, sales and leases)
  • Business succession strategies and estate planning
  • Purchases and sales of cooperative and condominium apartments

Experience

Mr. Gerstein has represented a wide variety of business clients including:

  • Registered broker dealers
  • New York and American Stock Exchange specialists
  • Investment advisers to mutual funds and hedge funds
  • Pharmaceutical companies
  • Retail chains
  • Commercial real estate owners
  • Medical and pharmaceutical publishers
  • Candy manufacturers
  • Law firms
  • Computer applications firms
  • Apparel designers and manufacturers
  • Art dealers
  • Charitable foundations
  • Design companies
  • Continuing medical education providers

Representative Clients and Matters

The following is a sampling of some of the clients who have been represented by Mr. Gerstein in various transactions:

  • Owners of commercial real property in the transaction which led to the construction of the Bloomberg building at Lexington Avenue and 58th Street in Manhattan
  • The shareholders of a New York Stock Exchange member firm in the sale of their shares to an English securities firm
  • A New York Stock Exchange specialist firm which was sold to Susquehanna Specialists
  • A candy manufacturing company which was sold to Beatrice Foods
  • Various companies in public offerings of securities
  • Investors in the purchase of shares of a new Silicon Valley company
  • Various companies and individuals in private purchases and sales of securities
  • The U.S. subsidiary of a Danish pharmaceutical public company in various transactions including a national license and distribution agreement with C.R. Bard
  • A French apparel company in the organization and operations of its U.S. subsidiary and in the sale of the assets of such subsidiary and the licensing of its U.S. patents and trademarks
  • Companies owning commercial office buildings in Manhattan and other commercial buildings located in New York City in leasing transactions and sales of buildings
  • Investment adviser in a transaction involving the reconstitution of an existing mutual fund as a New York Life “Mainstay” mutual fund
  • A company which purchased all of the assets of a publishing subsidiary owned by Reed Elsevier
  • The purchaser of the assets of a Manhattan theater ticket agency
  • The shareholders of a cellular telephone company in the sale of their shares to United States Cellular Corp.
  • The shareholder of a company engaged in the business of medical publishing and providing continuing medical education services in a sale of his shares to SFN Companies, Inc. and subsequently, SFN Companies, Inc. in a sale of such shares to McGraw Hill
  • A company engaged in the television rating performance business in the sale of its assets to Columbine Systems, Inc.
  • A company engaged in the business of licensing its software for television marketing in the sale of its assets to the Eagle Research Group of Cox Broadcasting
  • A company which purchased all of the shares of a subsidiary of McGraw Hill, Inc.
  • A specialized publishing company which sold its assets to Rogers U.S. Publishing, Inc.

Education

  • Harvard Law School, 1957 – Cum Laude
  • Harvard College, 1954 – Magna Cum Laude

Awards and Accolades

  • Mr. Gerstein spent a year in India as a Fulbright Scholar
  • Mr. Gerstein has received an AV peer review rating from Martindale Hubbell

Company Directorships

Mr. Gerstein has been a director of various organizations, including American Financial Enterprises (the reorganized New York New Haven Railroad) and The Louis and Harold Price Foundation.