Lee & Ko provided legal advice for the Korean funds’ acquisition of 195 Broadway located in Manhattan, New York, which closed on November 1, 2019. 195 Broadway is a historical building located in the central district of Manhattan, and as such, the acquisition of the building by the Korean funds has significant symbolic meaning. Furthermore, since the transaction involved the investment by a joint venture of a Korean publicly offered real estate fund, a Korean privately placed fund, as well as a partner in the United States, balancing and accommodating the varying interests of the parties were particularly important in this transaction compared to other cases. Lee & Ko provided timely and adequate advice, allowing for the balancing and accommodation of such interests of the parties. This transaction was led by Junghwan Lee, Jee In Kim, Jisoo Yoo, and Mi Jin Han from Lee & Ko’s Capital Markets team.