David Abromowitz
Of Counsel
Boston
dabromowitz@goulstonstorrs.com+1 617 574 4016David Abromowitz
Of Counsel, Boston
dabromowitz@goulstonstorrs.com+1 617 574 4016Related Expertise
Nationally known for his work on complex development and finance deals, in particular public-private partnership transactions, David Abromowitz is valued by real estate clients across the country.
A major focus of his practice is affordable housing and economic development, including Section 42 multifamily residential properties, private redevelopment of public housing, recapitalization and sales of older HUD-assisted properties, such as HUD Section 236, and Section 8 community land trusts, and other multi-layered public and private financings.
Supporting a Tradition of Pro Bono Work
David believes the firm has always understood the business case for pro bono – not only is it good work to do intrinsically, but it leads to greater attorney satisfaction and distinguishes them in the marketplace. To that end, David is deeply proud to have spent 35 years serving communities by handling sophisticated pro bono transactional real estate deals.
Related Representative Matters
John Hancock in connection with the acquisition of the office tower at 100 William Street, New York City.
Corcoran Jennison Companies and Harbor Point Apartments Limited Partnership in connection with its $215M refinancing of Harbor Point on the Bay, a multifamily apartment community in Boston, Massachusetts.
Lead counsel on private redevelopment of 1100 unit public housing development, which will add 2000 market rate units on site.
A Massachusetts-based developer and manager of affordable housing on the successful sale of a multi-property portfolio in one of the largest affordability preservation transactions in the Commonwealth’s history.
National REIT in the sale of a 14-property, 1,200-unit apartment portfolio involving numerous subsidy, regulatory, and structuring issues.
$160M securitized refinancing of 1,283-unit apartment complex involving subordination of three public loans and ground lease negotiations to meet rating agency requirements.
The Boston Redevelopment Authority in connection with the $700M Boston Convention and Exposition Center project, including land assembly, relocation and multi-party development arrangements.
Pinehills in connection with the master-planned development of the 3,000-acre former Digital Equipment Corporation campus into 2,500-home planned unit development (including multiple hotel/conference centers, and the Rees Jones and Jack Nicklaus designed golf course).
Various national syndicators, including numerous tax credit partnerships throughout the Southeast, Mid-West, and Mid-Atlantic with tax credit equity investments.
Creation of a multi-property lending program and closing of numerous loans across the country.
Section 236 and Section 8 owner in connection with a portfolio transaction involving all aspects of over 3,000 units of HUD-assisted housing.
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Accolades
- Martindale Hubbell Peer Review Rated AV Preeminent™
- Best Lawyers in America® (2022-2026): Real Estate Law
- Massachusetts Super Lawyers, 2004 - 2005, 2008 - 2016, 2020
- Affordable Housing Vision Award, National Housing & Rehabilitation Association, 2014
- Distinguished Achievement Award, B'Nai B'rith Housing New England, 2013
- Recognized as a "social capitalist" by SCI Social Capital, Inc., 2008
- Honored by Fair Housing Center of Boston, 2007
- Honored by National Economic Development and Law Center, 2004
Affiliations
- National Housing & Rehabilitation Association (President, 2018-Present; Vice-Chair, 2013-2018; Secretary, 2011-2013; Board of Directors, 1997-Present)
- Board, Equity Trust, 1996-Present
- YouthBuild USA, Inc. (Chief Public Policy Officer, 2015-Present; Board Member, 1998-Present)
- Former Lecturer, Harvard Law School (2016)
- Board of Directors, MassDevelopment (2009-2016)
- Senior Fellow, Center for American Progress (2008-2016)
- Co-Chair, Governor Deval Patrick’s Housing Transition Working Group (2006-2007)
- Chair, Goulston & Storrs Pro Bono Committee (1997-2007)
- The Lawyers Clearinghouse on Affordable Housing and Homelessness (Co-Chair, 1993-1998)
- American Bar Association Forum on Affordable Housing and Community Development (Co-founder; Chair, 1996-1997; Board Member, 1987-1998)
- Former Co-Chair, Goulston & Storrs Real Estate Group
- Past President, Congregation Eitz Chayim
Admissions
- Massachusetts
Education
Princeton University ( B.A. , magna cum laude , 1978 )
Harvard Law School ( J.D. , magna cum laude , 1982 )