Desert Casino Is an Arizona Based Showspace and Residency Experienced in Art Portfolio Sales

BIOGRAPHY

Andrew A. Lance is a partner in Gibson, Dunn & Crutcher'south Existent Estate Practice Group.  He is resident in the New York office, where he is as well Co-Partner in Charge of the office, a member of Gibson Dunn'due south Compensation Committee and Head of the Existent Estate Practice Grouping'south Hotel and Hospitality Practise.  Mr. Lance's clients include private existent estate equity funds, hedge funds, sovereign wealth funds, corporate and individual developers and owners, mortgage and mezzanine lenders, REITs and other public and privately held companies investing in or using real estate.  Mr. Lance also represents many not-for-profit organizations, specially those building charter schools and involved in the performing arts.  His practice includes acquisitions, sales, leasing and financing of office, retail, hotel, industrial, recreational, professional sports and entertainment real estate, origination of mortgage and mezzanine loans and construction loans, existent estate articulation ventures and other ownership structures, master leases, auction-leasebacks and ground leases, and individual and public-private ground leased and fee-endemic evolution projects, as well equally restructuring of complex debt structures and of equity interests in development ventures, and enforcement of remedies and realization on collateral by lenders in such projects.

Mr. Lance is a member of the American College of Real Manor Lawyers and a beau of the American College of Mortgage Attorneys.  He is ranked equally a leading Existent Estate lawyer byChambers United states:  America's Leading Lawyers for Business concern.Chambers USAdescribed him every bit "extremely knowledgeable," "an incredibly intelligent practitioner who is specially adept in negotiations" and "he just knows everything and everyone in the industry, and has a very calming demeanor about him that people on both sides similar to work with."  He is "very experienced in complex real estate transactions and very plugged in to the New York market" with his "vast transactional feel."  In add-on, Mr. Lance is recognized by Law360 as an "MVP" in the Hospitality category, is listed in The Best Lawyers in America ^®, New York Magazine's "New York Surface area's Best Lawyers" edition, and The International Who's Who of Business Lawyers. He is recommended by Who's Who Legal Hospitality and Who's Who Legal Real Estate recognizes him every bit a "Global Elite Thought Leader" on behalf of "international disinterestedness and hedge funds on an assortment of major developments in New York and beyond."  Mr. Lance was recognized past Legal 500 every bit a "big role player in the complex field of mezzanine and preferred equity financing techniques."  Mr. Lance was the pb chaser for the transactions that won the Real Estate Board of New York'south Most Creative Retail Deal of the Year Laurels twice:  the charter by Hard Rock Café of the quondam World Wrestling Entertainment site at Times Square (2004), and the lease by Walgreens of the entire edifice at 1 Times Foursquare (2007).

Mr. Lance joined Gibson Dunn in March 1999. He previously practiced law as Special Counsel with Sullivan & Cromwell in New York from 1984 to 1993.  Mr. Lance was a consultant to McKinsey & Visitor on their facilities leasing worldwide.  Mr. Lance is an Adjunct Professor at New York Police Schoolhouse, and has been a Visiting Lecturer at Yale Law School and a lecturer at the New York University Schack Plant of Real Manor.  Mr. Lance also is a frequent lecturer. He has been Co-Chair of the annual Hotel Law and Practice program of the Practising Law Institute, and his speaking engagements include a Quango on Strange Relations teleconference on "Investing Majuscule in Real Estate in the Current Economical Climate," at the Existent Estate Investment World Latin American Conference on "Evolution of Private Equity Transactions in Latin America," and as a plenary speaker at the 2019 meeting of the American College of Real Manor Lawyers on "Workouts in the Age of Capital Stacks."

Mr. Lance earned his Juris Doctor in 1983 from Yale Law School, where he was a member of the Yale Law Journal.  He earned a Bachelor of Arts cum laude in 1980 from Princeton Academy and attended the Academy of Paris.  Mr. Lance was a Boyfriend of the Coro Foundation Leadership New York Program.

Mr. Lance has been honored twice, in 2004 and 2009, past the Brotherhood of Resident Theatres/New York, the service organization for not-for-profit performing arts organizations in New York Metropolis, for his support for A.R.T./New York and its member organizations.  He joined the Lath of A.R.T./New York in 2004, and is the old caput of their Inspect Committee, which he formed in 2005.

Mr. Lance's do focuses on the following areas:

Existent estate capital letter markets, transactional and finance matters, including rated commercial real manor structured financings, multistate mortgage financings, mezzanine financing, management and finance.

Representative Transactions

• Caerus Grouping: Representation of Caerus Grouping in connection with a $thirty.5 1000000 stock-still-rate loan from Argentic to finance a portfolio of two repositioned function properties totaling 65,000 square feet, located at 74 Kent Street in Greenpoint, Brooklyn and 11-20 46th Road in Long Isle Urban center, Queens.
• Wells Fargo Bank, N.A.:  Representation of Wells Fargo Bank in connection with $one.5 billion of structure financing to SL Green Realty Trust for its proposed One Vanderbilt office tower, a 67-story, 1.73 1000000-square-human foot, state-of-the-art role belfry on a one-acre total urban center cake bordered by Madison and Vanderbilt Avenues and 42nd and 43rd Streets, next to Grand Central Terminal in Midtown Manhattan.
• Wells Fargo Bank, N.A.:  Representation of Wells Fargo Banking concern in connection with $750 million in financing to Brookfield Property Partners LP for 1 Water Street, also known as 1 New York Plaza, a 50 story office and retail tower with 2.5 1000000 square feet of role space and 38,000 square feet of retail, located in New York Urban center'due south Financial District.
• Virgin:  Representation of Virgin in connection with $222 million of construction financing from Shanghai Commercial Banking concern Ltd. for the development of Virgin's first New York hotel, a 463-room hotel in the North of Madison Square Park area of Manhattan.
• Fortress Credit Co. LLC:  Representation of Fortress Investment Grouping affiliate, Fortress Credit Co., in connection with the origination of a $115 million floating-rate mortgage loan providing acquisition financing for a pair of adjacent backdrop that will be dwelling house to a retail and office development which will be Brooklyn'due south tallest skyscraper (340 Flatbush Avenue Extension and nine DeKalb Artery, Brooklyn, New York).
• Wells Fargo Bank, N.A.:  Representation of Wells Fargo Banking company in connection with the origination of a $300 million floating-rate loan to Blackstone backed by River Northward Point, which encompasses two buildings with 1.3 one thousand thousand square feet of office infinite and 437,000 square feet leased to a hotel in Chicago's River North neighborhood (350 North Orleans Street, Chicago, Illinois).
• Wells Fargo Depository financial institution, Northward.A.:  Representation of Wells Fargo Bank in connection with a $500 million loan to finance the acquisition of 55 West 46^th Street in New York Urban center.
• Wells Fargo Banking company, N.A.:  Representation of Wells Fargo Banking company (and syndicate banks) in the origination and administration of a $i.25 billion construction loan for the One Manhattan Due west project located at 401 9th Avenue on the West Side of Manhattan, entailing a 69-story, 2.i-million foursquare-human foot office tower, anchored by a long term lease with the Skadden Arps police business firm. The transaction included arranging, originating and syndicating the loan to a grouping of twenty of the market's preeminent commercial real estate lenders, as well as navigating complex master lease and IDA/PILOT structures.
• Wells Fargo Bank, Due north.A.:  Representation of Wells Fargo Bank in connection with the construction and renovation financing of Brookfield Asset Management'southward five.4 million square pes multi-edifice office-hotel-retail-residential development to be known every bit "five Manhattan Westward" in Hudson Yards District of New York City.
• Marriott International, Inc.:  Representation of Marriott in connexion with Brookfield Nugget Direction's refinancing of the Atlantis Resort, Nassau, Commonwealth of the bahamas, and a franchise agreement for the resort to join Marriott's Shorthand Collection.  Marriott provided a $100 million inferior loan to Brookfield every bit function of the $ane.9 billion recapitalization of the hotel and gambling destination.
• Marriott International, Inc.:  Represented Marriott in connection with the judge $1 billion refinancing of financing on three resorts with 2,530 rooms:  the JW Marriott Desert Ridge Resort in Phoenix, AZ; the Ritz-Carlton Orlando in Orlando, FL; and the JW Marriott Orlando at the Grande Lakes, Orlando, FL.
• Marriott International Inc.:  Representation of Marriott in a structured subordinate cash flow guarantee of six unlike luxury hotel, retail and condominium mixed-use developments in New York, Boston and Washington, D.C. as Ritz-Carlton properties.
• Confidential equity investor:  Representation of the largest disinterestedness investor in a joint venture with Related Companies, JPMorgan Chase and Oxford Property Group, to provide $1.iv billion in equity investments and debt financing to the Hudson Yards retail, role and residential redevelopment project on Manhattan'southward W Side.
• Wells Fargo Banking concern, Due north.A.:  Representation of Wells Fargo Bank in the origination of a large mortgage loan with future advance components secured by the sometime New York Times building in Times Square (229 West 43rd Street, New York, New York).
• Deutsche Depository financial institution and PCCP, LLC:  Representation of Deutsche Depository financial institution and PCCP in connection with a participating loan secured by a portfolio of 17 properties in California and Arizona.
• Deutsche Bank:  Representation of Deutsche Depository financial institution in the purchase of a defaulted mortgage loan on iii Columbus Circle, a retail and residential development site in New York Metropolis, and in amending the loan to facilitate time to come development.
• Gulf Uppercase:  Representation of Gulf Capital, an Abu Dhabi private equity firm, in forming a joint venture with Related Companies, based in New York, to build mixed-use property developments in the MENA region.  The new venture, Gulf Related, has its headquarters in Abu Dhabi.
• Wachovia:  Representation of Wachovia in providing preferred equity financing for the $160 meg acquisition of the footing lease on, and redevelopment of, the retail areas within Union Station in Washington, D.C., by Ashkenazy Acquisition Corporation.
• CTF:  Representation of this international hotel company as owner and sponsor in its $400 million, multistate, 15 hotel, cross-collateralized rated portfolio debt securitization.
• Prudential Insurance Company Mortgage:  Representation of Prudential in the origination of a multistate mortgage financing of 68 retail shopping eye anchor stores.

Sales and purchase transactions and evolution acquisition and finance, including hotel development, condominium structure and articulation venture agreements amidst development partners.

Representative Transactions

• MSD Partners: Representation of MSD Partners in connection with the conquering of Boca Raton Resort & Spa. The property is comprised of one,047 hotel rooms across 337 acres and includes a full-service spa, three fitness centers, eighteen lawn tennis courts, xiii food and beverage outlets, an xviii-hole golf grade, seven swimming pools, a 32-slip marina and about 116,000 foursquare feet of indoor meeting infinite.
• FREO Group:  Representation of FREO Group in connectedness with the acquisition and financing of 11 industrial properties beyond Georgia and Texas, and the related drafting and negotiation of multiple complex articulation venture agreements.
• Safanad, Inc.:  Representation of Safanad, Inc. in connectedness with ground-upward development of, and purchase of existing facilities for, student housing beyond multiple projects and states, including financing and platform joint ventures.
• MGM Resorts and MGM Growth Backdrop LLC:  Representation of MGM Resorts and MGM Growth Properties LLC in connection with agreements for the $850 million acquisition of the existent holding and operations associated with Empire City Casino's race track and casino, a 97-acre property located off the New York Country State highway in southern Westchester Canton.
• CTF Holdings Inc.:  Representation of CTF Holdings in its articulation venture with Suncity Group Holdings Express to develop a $4 billion, 2,400-acre integrated casino resort in Hoi An, Vietnam, and in connection with its related negotiation of technical services and casino management agreements.
• Caerus Grouping:  Representation of Caerus Group in connection with its $51.7 one thousand thousand acquisition of a retail and part property located at ten East 34th Street in New York City from Brause Realty.
• Rockpoint Grouping:  Representation of Rockpoint in the $120 million acquisition, in partnership with The Feil Organization, of a majority stake in 200 West 57^th Street, a retail and office building in Manhattan, from RCG Longview.
• Pearson Partners, Inc.:  Representation of Pearson Partners, Inc. in connectedness with the acquisition of the 288-room DoubleTree past Hilton Hotel in Trivial Stone, Arkansas past a partnership between Fifth Avenue Capital, a private investment firm led by principals of Pearson Partners, and Waterford Hotel Grouping.
• New York City Mission Guild:  Representation of New York City Mission Guild in connection with $128 million sale of the historic, 110,000-foursquare-human foot Renaissance Revival-fashion United Charities Building, located at 287 Park Ave. S, in the Gramercy Park neighborhood in New York City.
• Virgin Hotels:  Representation of Virgin in connection with the 38-story Virgin Hotel evolution at 1205-1227 Broadway betwixt East 29th and 30th Streets in New York Urban center.  The 440,000-square-foot hotel volition take 463 rooms, three restaurants, banquet infinite and 100,000 square feet of retail space, including 12,000 square anxiety of outdoor space for a restaurant tenant.
• CTF Holdings Inc.:  Representation of CTF in connection with the conquering of a 35% interest in Cidade Matarazzo, a mixed-use super luxury retail, briefing eye, hotel and residential development project in São Paulo, Brazil.
• Marriott International, Inc.:  Representation of Marriott in connection with the evolution of the Times Square EDITION hotel at 701 Seventh Avenue, a mixed use hotel evolution consisting of 452 invitee rooms, in conjunction with 100,000 square anxiety of flagship retail, dining, entertainment and event infinite, likewise an 18,000 sq. ft. loftier definition LED sign—one of the largest in the world.
• Rockpoint Group:  Representation of Rockpoint in the acquisition of an approximately 50% interest in 1345 Avenue of the Americas and 605 Third Avenue, New York, from National Majority Carriers, Inc.  The buildings contain approximately 3,000,000 square feet of retail and part space, and in the subsequent sale of those interests to an affiliate of JPMorgan Hunt.
• Madison Upper-case letter:  Representation of Madison Upper-case letter in connexion with the $26 1000000 buy, followed by basis-upwardly development, of a 6,190-square pes lot located at nineteen E Houston Street in the SoHo area of Manhattan from the Metropolitan Transportation Authority and nether the management of the New York Urban center Economical Evolution Corporation.
• Deutsche Bank:  Representation of Deutsche Bank in connexion with the auction of 856,000 square anxiety of office space, the retail concourse, the landmark observatory and antennae, and a 700-infinite parking deck that are part of the John Hancock Center in Chicago for over $400 meg in the aggregate in a serial of separate involvement sales.
• Rockpoint Grouping:  Representation of Rockpoint in connectedness with the $250 million sale of The Flatotel, a 47-story, 700,000 square foot tower on West 52^nd street in Manhattan.
• Rockpoint Group:  Representation of Rockpoint in the conquering of an 80% interest in 1440 Broadway, a 734,000-square-human foot building in Manhattan, from Prudential Real Estate Investors and in the subsequent auction of that interest to American Realty Capital letter's New York Recovery REIT.
• Rockpoint Group:  Representation of Rockpoint in connection with Atlas Uppercase Group's $69 million, or $368,984 per room conquering of the Eastgate Tower Hotel, a 187-key property located in Manhattan, from a Rhode Isle-based hospitality company.
• Rockpoint Grouping:  Representation of Rockpoint in connection with the acquisition of 4 Poconos resorts and related financing.
• Rockpoint Grouping:  Representation of Rockpoint in the $275 million acquisition, in partnership with Goldman Sachs's real estate chief investment functioning and Highgate Holdings, of the 665-room Manhattan at Times Square Hotel in New York Urban center from Starwood Hotels & Resorts Worldwide, Inc., and in the $530 million sale of the hotel to Qatar's Al Rayyan Tourism and Investment Company.
• FelCor Lodging Trust Inc.:  Representation as co-counsel to FelCor Lodging in connection with its acquisition of a bulk stake in Manhattan's Knickerbocker Hotel from an affiliate of Highgate Holdings LLC, and its acquisition and public bond financing of the Morgans and Royalton hotels in Manhattan.
• FelCor:  Representation of FelCor in negotiation of a direction agreement with Fairmont in connection with FelCor's purchase of the Copley Plaza Hotel in Boston.
• Rockpoint Group:  Representation of Rockpoint in the acquisition, in partnership with Highgate Holdings, of the i,300-primal Milford Plaza Hotel, occupying an entire blockfront at 700 8th Avenue in Manhattan'southward Theatre Commune.
• Rockpoint Real Estate Funds:  Representation of Rockpoint Real Estate Funds in the purchase of partial interests in Course A role buildings at 299 Park Artery and at Park Avenue Plaza, in New York City under management by, and in partnership with, Fisher Brothers, and in the subsequent sale of those interests to affiliates of, respectively, Soho House (China) and the State of Alaska Trust Fund.
• Tatweer:  Representation of Tatweer in connexion with the evolution in Dubai of the Tiger Forest Dubai golf grade and academy, clubhouse and luxury residences.
• Sol Melia:  Sale and license back by Sol Melia to Wyndham of the TRYP Hotel chain, composed of approximately 14,000 keys, and related hotel assets.
• Capital partners and the evolution venture:  Representation of the majuscule partners and the development venture in the 99-yr basis charter of 330 Hudson from Trinity Church for construction of a LEED-certified hotel, part and retail tower.
• Buyer:  Representation of the buyer of Independence Plaza, a more than than 1,300 unit residential and retail Mitchell-Lama evolution in the Tribeca section of Manhattan, in the purchase of the development, withdrawal of the development from the Mitchell-Lama programme, the initial mortgage financing and series senior mortgage and mezzanine loan refinancings, including interest rate cap agreements.
• Buyer:  Representation of the heir-apparent of the 12-edifice, 1,232-unit Riverton residential community in upper Manhattan, including both bridge financing and permanent mortgage financing.
• Square Mile Majuscule:  Formation of a joint venture with Taconic Partners to acquire the Knickerbocker regulated residential apartment circuitous in Manhattan.
• Square Mile Capital:  Formation of the joint venture to learn, renovate and finance a 1 million square pes commercial condominium at 375 Pearl Street in lower Manhattan.
• National RE/Sources:  Acquisition and redevelopment of the 68-acre sometime Unilever research campus in Edgewater, New Jersey, for mixed commercial and residential uses.
• Lehman Brothers:  Representation of a individual disinterestedness fund in the acquisition of an interest in Tishman Hotels & Resorts, including hotels in Times Square, New York City, Chicago and Orlando, Florida.
• Rockpoint Grouping:  Representation of the seller of a portfolio of five office buildings in Massachusetts for a price in excess of $140 million, and defeasance of bonds secured past the portfolio upon auction.
• Apollo Real Manor Fund IV:  Representation of Apollo Real Estate Fund Four in the conquering, through a articulation venture, and redevelopment and leasing of iPark Lake Success, a ane.iv million foursquare foot mixed-utilise facility in Lake Success, New York.
• ENK International, Inc.:  Redevelopment for the state's leading high-end fashion trade show operator every bit developer of a City-owned pier on the Hudson River every bit a more than than 200,000 square foot public and merchandise prove facility, including obtaining a designation from the City of New York and negotiation of leasehold site acquisition terms and public incentives.

Public-private development projects, including lease and buy of real estate from municipalities, tax-advantaged bail financing, economic development and job retention incentives, affordable housing conquering and evolution, franchise and licensing rights, responses to RFPs and other transactions between municipal government and private parties.

Representative Transactions

• Rockpoint Group:  Representation of Rockpoint Group in a joint venture with Brooksville Company, a residential real estate firm, in the purchase of Spring Creek Towers, formerly known as Starrett City, the largest affordable housing customs in the United states of america. The complex, which includes 5,881 apartments and a shopping center, sits on a 153-acre site near Jamaica Bay in Brooklyn, New York, and includes 46 buildings for xv,000 residents. Built in the 1970s, Spring Creek Towers has its own power plant, schools, recreation center and Nix code.
• New York Arena Partners:  Representation of New York Loonshit Partners in the development of a new loonshit for the New York Islanders professional ice hockey team, on land to be leased from Empire State Evolution, together with development of a fashion retail center, an effect retail circuitous, all-encompassing infrastructure and decked parking.
• Manhattan Country School:  Represented Manhattan Country School in senior secured construction loan facility comprised of a hybrid tax-exempt bail issuance and multi-draw term loan to refinance an existing bridge loan and finance the expansion and renovation of the school'due south campus.
• Saint Ann'due south School:  Representation Saint Ann's School in the credit facility comprised of a hybrid tax-exempt bond issuance and multi-draw term loan provided by Build NYC Resource Corporation to finance the expansion and renovation of its campus located in Brooklyn, New York.
• New York Wheel:  Representation of the New York Wheel in a dispute with Mammoet-Starneth LLC, the design-build contractor, over construction of i of the largest ascertainment wheels in the world, in St George, Staten Island.
• Dark-green Ivy Holdings, LLC:  Representation of Green Ivy Holdings, LLC in an 85,000 square foot charter for a school on five floors of 40 Wall Street in New York Metropolis.
• Harlem RBI and Dream Charter School:  Representation of Harlem RBI and Dream Lease School in connexion with structure of The Due east Harlem Center for Living and Learning.  The $78.5 million development located on East 104th Street will be comprised of the DREAM Charter School, 89 units of mixed-income housing and a nonprofit office and community facility space.
• California Scientific discipline Center Foundation:  Representation of California Science Center Foundation in connectedness with drafting and negotiating agreements with NASA, the City of Los Angeles, United Airlines and the City of Inglewood, and a CEQA lawsuit settlement agreement with various neighborhood councils, among others, to secure the space shuttle's title transfer, flight from Kennedy Infinite Heart, temporary storage at LAX and parade through Los Angeles and Inglewood in mid-Oct 2012 to its final destination, the California Science Center in Exposition Park.
• Madison Foursquare Garden:  Representation of Madison Square Garden in pursuing the acquisition and development of the MTA's Due west Side Rails Yard, including litigation and communication apropos legislation before the New York City Council and the New York Country Legislature and the actions of numerous public authorities.
• Forest City Ratner:  Representation of a major individual developer in the more $600 million tax exempt serial note issuance financing of the new Kings County (Brooklyn) Family unit Courthouse at 330 Jay Street in Brooklyn, which includes an additional five-story commercial office space equally a separate condominium interest.
• Roundabout Theatre Company:  Representation of Roundabout Theatre in the acquisition, tax-exempt bond financing and redevelopment of the former Studio 54 site in Manhattan for utilise equally a legitimate theater.
• Signature Theatre Visitor:  Representation of the Signature Theatre Company in complex negotiations with multiple individual and municipals funding parties regarding the pattern, buy and construction financing, including a City of New York capital letter grant, of an approximately seventy,000 square foot total flooring commercial condominium bounds, including three theaters, rehearsal space, antechamber and part space in the mixed-utilise MiMA development by Related Companies on West 42nd Street.
• Condominium associations:  Representation of the condominium associations in Battery Park City in negotiating concessions under their leases with Battery Park Urban center Potency necessitated past the events of September 11, 2001.
• Alliance of Resident Theatres/New York:  Funding and construction by Alliance of Resident Theatres/New York of a full floor shared space for performing arts organizations, which was one of the first leased premises to receive a New York Metropolis upper-case letter grant, and of ii new theaters in the Chelsea section of Manhattan.
• New charter schools:  Acquisition, development and financing of new charter schools in Manhattan, Brooklyn, Bedford-Stuyvesant, Crown Heights, New York, Troy, New York, and Newark, New Jersey, including use of New Markets Tax Credits, on behalf of the Robin Hood Foundation, Excellence Academies, Achievement First, Uncommon Schools, PAVE, Harlem Hamlet Academies, Harlem RBI, Civic Builders, KIPP, Success Academies and others.
• Coney Island Museum The states and Ringside, Inc.:  Representation of Coney Island Museum USA and Ringside, Inc. (home to Elizabeth Streb'due south dance company, STREB Laboratory for Action Mechanics) in the acquisition and financing of their corresponding facilities in Brooklyn, New York.
• Manhattan Neighborhood Network and Guttmacher Found:  Representation of Manhattan Neighborhood Network and Guttmacher Institute in the taxation-exempt bail financing of acquisition of their headquarters facilities.

Restructuring of the debt and equity positions in real manor development projects, resort hotels and other real estate investments, including both for the possessor/developer and for the lender.  Such engagements include loan extensions, forbearance agreements, deeds in lieu, UCC and existent belongings foreclosure, modification of ground leases, defalcation advice and the purchase and auction of distressed debt, as well as disputes among members in possessor entities including activation of buy-sell provisions.

Representative Transactions

• Representation of dozens of borrowers in seeking and obtaining loan forbearance or modification agreements from portfolio lenders and CMBS servicers in response to the new coronavirus crunch, including deferral of interest payments, admission to reserves and relief from reserve funding obligations, modification of financial covenants and greenbacks trap triggers, and consent to SBA loans.
• Representing Deutsche Bank'south Special Situations Group in the successful contested acquisition of the fulcrum position in the upper-case letter stack for the John Hancock Tower in Chicago, followed by division of the building into split up components past use (retail, function, observatory, antenna, etc.) and eventual sale of each of the individual components to different buyers, all pursuant to a forbearance and cooperation agreement with the original sponsor.
• Representing Deutsche Bank'due south Special Situations Group in acquisition of the defaulted mortgage debt on Three Columbus Circle, a retail and residential development in Manhattan, and initiation of a repositioning plan with The Related Companies, resulting in a payoff of the debt in full.
• Soros Fund Management and Och-Ziff Upper-case letter Management:  Representation of Soros Fund Management and Och-Ziff Capital letter Management in connection with the acquisition of a syndicated $320 1000000 interest equally lenders in a $1.2 billion senior construction facility for the American Dream project in New Jersey, a massive retail/amusement circuitous in East Rutherford, NJ (project formerly known equally Xanadu).
• Grossman Cos.:  Representation of Grossman in connectedness with retiring $190 million of CMBS debt against its 640-unit Arizona Grand Resort & Spa in Phoenix with proceeds from $88 meg of financing provided by Prime number Finance Inc. and Marathon Nugget Direction.
• Wells Fargo Bank, N.A.:  Representation of Wells Fargo Bank, as senior mortgage lender, in restructuring substantial debt stack secured by property located at 450 West 33rd Street in Manhattan.
• Goldman Sachs:  Representation of Goldman Sachs every bit lender to a private equity fund in the conquering of a junior mezzanine loan, resolution of the senior mezzanine and mortgage loan, and acquisition of title to two commercial properties in Manhattan, one on Fifth Avenue and one on lower Broadway.
• Purchase and sale of performing, subperforming and nonperforming real manor mortgage and mezzanine loans, both individually and in portfolios, including representation of the purchaser from Citibank of the mortgage secured by the Wigwam Resort and Biltmore golf courses in Phoenix, Arizona, through an auction auction under Section 363 of the Bankruptcy Code; of the purchaser from Anglo-Irish gaelic Bank of defaulted mortgages secured by the Alex Hotel and the Flatotel Hotel in New York Urban center; and of the owners of the Arizona Thou Resort in Phoenix, Arizona, in an A/B Note restructuring with CW Capital.
• Debt and equity investor:  Restructuring of the financing of a luxury residential development, in the Northwest United States, capitalized at over $100 meg in which our client was a debt and disinterestedness investor.
• Debt and equity investor:  Restructuring of the financing of a luxury residential development in the Southeast United States, capitalized at over $120 1000000 in which our customer was a debt and disinterestedness investor.
• Restructuring of the terms and evolution programming for several evolution projects, each budgeted in the hundreds of millions of dollars, in Manhattan underground leases with both public agencies and private basis lessors.

Leasing, including loftier-rising office leases, big format and other retail leases (including restaurant leases and national brand locations), industrial and warehouse leases, basis leases, sale-leasebacks and credit-lease financings.

Representative Transactions

• Alexandria Real Estate Equities, Inc.:  Represented Alexandria Real Estate Equities, Inc., an urban part REIT, in connection with the pre- development and basis lease of the North Tower at the Alexandria Eye® for Life Science in New York City. The projection located along the East Side Medical Corridor will add 550,000 square feet to the development'southward already existing 728,000 foursquare foot Due east and Westward Towers which upon completion of the North Tower, will result in a nearly ane.3 one thousand thousand foursquare pes life sciences campus.
• New York Quarterly Coming together of the Religious Lodge of Friends:  Representation of the New York Quarterly Meeting of the Religious Order of Friends in the independence establishment of the Friends Seminary in Manhattan, including ground leases and sharing agreements with respect to allocation of apply of their landmark campus.
• Macmillan Publishers:  Representation of Macmillan Publishers in connectedness with the 261,000-square-foot lease located at 120 Broadway in Lower Manhattan.
• Steinway Musical Instruments, Inc.:  Representation of Steinway Musical Instruments, Inc. in connection with the 15-year, 40,501-square-foot deal for a new ground floor showroom and retail space and 33rd floor offices at 1133 Avenue of the Americas.
• Alexandria Existent Manor Equities:  Representation of Alexandria Real Manor Equities in dozens of laboratory, enquiry and office space leases to numerous life science, bio-technology and pharmaceutical tenants in 2 towers at the Alexandria Heart for Life Science on Manhattan's East Side.
• Jamestown Equities:  Representation of the lessor of the entire edifice of One Times Foursquare, where the New Yr's Eve brawl drops in New York City, to Walgreens, with significant illuminated signage rights.  The Real Estate Lath of New York gave this transaction its award for "Most Artistic Retail Deal of 2007."
• Jamestown Equities:  Representation of the possessor of Chelsea Market place in numerous retail leases for wearing apparel, restaurant and home effects leases in this landmarked, iconic destination location, as well every bit in leases to Google, Oxygen Media, Nutrient Network and others for function and studio space.
• Hard Rock Café:  Representation of Hard Stone Café in their acquisition of World Wrestling's leasehold in Times Foursquare equally a new flagship location in New York and give up of their long-standing lease on West 57^th Street.  The Real Estate Board of New York gave this transaction its honor for "Most Artistic Retail Bargain of 2004."  Also handled a separate representation for an exterior illuminated signage license in Times Foursquare.
• Macmillan Inc.:  Representation of Macmillan Inc., its predecessor Holtzbrinck Publishers, the U.Due south. subsidiary of German media giant Verlagsgruppe Georg von Holtzbrinck and parent of St. Martin's Press and other publishers, and many of its affiliates, in connection with numerous role leases including the lease of 157,500 square feet of space in the 180,000 square human foot historic Flatiron Building, a multi-floor headquarters location in One New York Plaza, and numerous other leases in the Flatiron and Hudson Foursquare districts of Manhattan.
• Developers Diversified Realty Corporation:  Representations in connection with diverse shopping center acquisitions, joint ventures, financings and leasing bug.
• The Garment Center Synagogue:  Representation of The Garment Center Synagogue in connection with the relocation to the northwest corner of 7th Artery and 40th Street.
• CVC Uppercase Partners:  Representation of CVC Capital Partners in connection with the renewal and expansion of office leases at 712 Fifth Avenue in Manhattan and with new leases in San Francisco..
• Weight Watchers International:  Representation of Weight Watchers International in their New York headquarters charter of 125,000 square anxiety of office infinite at 675 Avenue of the Americas in Manhattan.
• 505 LaGuardia Place:  Representation of the 505 LaGuardia Place Mitchell-Lama residential cooperative in connection with the renegotiation and perpetual extension of its ground lease with New York University (NYU) and the settlement of land use disputes related to NYU's 2031 expansion plan.
• Gibson, Dunn & Crutcher:  Representation of Gibson Dunn in the renewal for a 20-twelvemonth term of their lease from Tishman Speyer Backdrop of multiple floors at 200 Park Artery, New York, New York, the expansion to additional floors in that building, and in connection with office leases in San Francisco, Washington, D.C. and Singapore.
• Practice Something!:  Representation of DO Something! in their charter of the eighth flooring at 19 W 21st Street in Manhattan.
• Infor:  Representation of Infor in the negotiation of their multi-flooring headquarters lease, and build out of their space, at 635 and 641 Artery of the Americas in Manhattan.
• 330 Hudson Street:  Ground lease of bounds at 330 Hudson Street in lower Manhattan from Trinity Church for development of a several hundred m square foot mixed-use retail, office and bazaar hotel.
• WCL Academy:  Representation of WCL Academy in the lease of two full buildings for development as a for-profit unproblematic school in lower Manhattan.
• Kingdon Majuscule:  Office and trading area lease for a hedge fund of 150,000 square anxiety over several floors in Carnegie Hall Tower, Manhattan.
• Grace Church building:  Representation of the landmark Grace Church building in the City of New York in a basis lease and space charter to the Grace Church building School in formation.
• Apollo Real Estate:  Representation of the landlord in leasing infinite at iPark Lake Success for The New York Times' 164,000 square foot regional distribution eye; the New York Mercantile Exchange's twoscore,000 square foot back up trading facility; Aetna Insurance Company'southward 82,000 square foot regional claims middle; and LA Fitness' 100,000 square foot flagship New York sports club location.
• Atlantic Theater Company:  Representation of Atlantic Theater Company in the surrender of their leased role, studio and performance space and the long-term charter and construction of replacement office, studio and performance space at 111 8th Artery in Manhattan'southward Chelsea district.
• Undisclosed development partner:  Representation of one of the development partners in connexion with a 150-year ground lease of the landmark Stanhope Hotel in Manhattan for redevelopment into a luxury leasehold cooperative.
• Lincoln Center for the Performing Arts:  Representation of Lincoln Center for the Performing Arts in the charter of the David Rubenstein Atrium to a first-class restaurant operator.
• Undisclosed landlord:  Representation of the landlord of 1250 Broadway in a lease of the top floor in a midtown Manhattan office building to a first-class eating house operator.

EDUCATION

Yale Academy - 1983 Juris Doctor

Princeton University - 1980 Bachelor of Arts

Recent PUBLICATIONS

garrettmoult1975.blogspot.com

Source: https://www.gibsondunn.com/lawyer/lance-andrew/

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