DLA Piper represented the International Center of Photography (ICP) in connection with the sale of its 250 Bowery location, and the acquisition of its new location at Essex Crossing on the Lower East Side of Manhattan. ICP is the world's leading institution dedicated to photography and visual culture, and the acquisition will reunite the ICP Museum and the ICP School in one location.

Essex Crossing is a mixed-use project being developed by Delancey Street Associates, which comprises Taconic Investment Partners, BFC Partners, and L+M Development Partners. Spread over 1.9 million square feet, it comprises nine sites with over 1,000 new residences, 450,000 square feet of retail, 400,000 square feet of office space, community attractions, and green spaces. ICP is expected to open its new location in January 2020.

Eugene Pinover, co-location head of the New York Real Estate practice, said "We are very honored to have had the chance to represent ICP on these very interesting and complex transactions. We wish ICP all the best as they move to their premises."

Of counsel, Gerald Shepherd, added, "It was great working with the ICP team, and we are pleased that DLA Piper was able to help ICP with these very important transactions and look forward to seeing the Center in its new location."

The DLA Piper team was led by partner Eugene Pinover and of counsel Gerald Shepherd, and also included of counsel Naftali Dembitzer and associate Samuel Grubner (all of New York).