Biglaw, Choate Hall & Stewart, Fabulosity, Lawyerly Lairs, Money, Partner Issues, Real Estate, Screw-Ups

Think A Lawyer Can Afford a $13 Million Condo? Think Again.

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Some readers have issues with the often irreverent commenters here at Above the Law. While ATL commenters sometimes say hurtful or offensive things, like anonymous commenters all over the internet, they also provide significant value. They serve as copy editors, highlighting our typographical mistakes; they work as tipsters, pointing us in the direction of news stories; and they function as fact checkers, identifying errors in reporting.

Relying upon the estimable Boston Globe, we recently reported that Henry Rosen, a real estate lawyer at Choate Hall & Stewart, purchased a fabulous $13 million penthouse condominium. But a commenter came along and disputed that: “[Rosen’s] just a straw — he purchased it as trustee for a trust.”

After seeing this comment, we raised the issue with the Boston Globe reporter who wrote the original story. And as it turns out, Henry Rosen is not the real party in interest. He is not the true purchaser of the prime penthouse at the Mandarin Oriental in Boston.

Let’s look at the Globe’s correction….

Here’s the correction that appeared in today’s Boston Globe:

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Because of a reporting error, a story on Friday’s Page One about the $13.2 million sale of a penthouse condo at the Mandarin Oriental incorrectly characterized Henry Rosen’s role. Rosen is the attorney for the buyer, whose identity has not been disclosed.

We reached out to Rosen to see if he had anything he’d like to say about the transaction. He did not respond to our request for comment.

In fairness to the Globe, it’s worth noting that Rosen also declined to comment for the original story. Had he commented, perhaps the error would have been avoided.

But, on the other hand, this is presumably just what Rosen’s privacy-conscious client wanted. Let the lawyer hold the limelight, so the client can escape public scrutiny. Wealthy individuals and celebrities purchase luxury real estate through trusts and other entities for a reason.

In any event, we regret the error. If you have information about who the true buyer of the Mandarin Oriental penthouse is, please feel free to share.

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For the record [Boston Globe]

Earlier: Lawyerly Lairs: A Wicked Awesome, $13 Million Penthouse Condo

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