We represent developers, lenders, institutional and entrepreneurial investors and governmental entities in the development of complex, large-scale real estate projects throughout New York City, the nation and the world. We represent our clients in all aspects of a project, including land assemblage and acquisition, joint venture structuring and equity financing, construction and first mortgage financing, project development agreements, leasing and management of project space, and all other aspects of project development. Our experience covers new construction and renovations of all asset classes: hotels, office buildings, shopping centers, sports arenas, theme parks and entertainment complexes, planned communities and residential and mixed-use projects of all types and sizes.
Representative development experience includes:
- AOL Time Warner Center. Representation of GMAC Commercial Mortgage Corporation as lead construction lender in the $1.4 billion construction and mezzanine financing for AOL Time Warner Center, a 2.7 million square foot mixed-use project at New York City’s Columbus Circle containing condominium residential, office, retail, hotel, garage and performance space.
- Venetian Casino Resort. Representation of the owner/developer of The Venetian, the largest hotel/casino/mall/convention center in Las Vegas, in all aspects of financing, initial development and expansion of $1.4 billion project.
- Venetian Macau. Representation of the Venetian in all aspects of financing and development of hotel/casino resorts and convention centers in Macau.
- South Pointe. Representation of owner/developer in all aspects of development and financing of a $220 million luxury condominium project in Miami’s South Beach area.
- AvalonBay Communities Inc. Representation of major national apartment REIT in the development and financing of a four-building, 720-unit housing, retail and community facility development in lower Manhattan, the client’s first entry into the Manhattan market.
- Trump World Tower. Representation of Trump Organization and Daewoo Corporation in all aspects of joint venture development, land and air rights acquisitions, financing and construction of 90-story luxury condominium known as Trump World Tower.
- Miami Heat Arena. Representation of NBA team and affiliated stadium company in all aspects of the development and securitized financing of the new American Airlines Arena in downtown Miami.
- Disney and Universal Studios Theme Parks. Representation of the Government of Hong Kong in development of Hong Kong Disneyland; the Government of Shanghai in development of Universal Studios Shanghai, and the City of Osaka in the development of Universal Studios Japan.
- Grand Central Terminal. Representation of the Metropolitan Transportation Authority in the retail redevelopment and historic restoration of Grand Central Terminal.
- 42nd Street Theaters. Representation of the New 42nd Street in the redevelopment of nine historic theaters in the 42nd Street Development Project for performing arts, retail, restaurant and other entertainment uses.
- Brooklyn Renaissance Plaza. Representation of the Muss Organization, Carlyle Group and Leucadia National Corporation in all aspects of the development and financing of the 1.2 million square foot Brooklyn Renaissance Plaza office tower and Marriott hotel complex.
- Memorial Sloan-Kettering Cancer Center. Representation of New York’s leading cancer hospital in all aspects of multi-billion dollar hospital expansion program, including the development of major hospital, research, and residential facilities.
- Howard Hughes Medical Institute. Representation of HHMI in $400 million state of the art bio-medical research facility in Ashburn, Virginia.
Contact Information
Paul, Weiss, Rifkind, Wharton & Garrison
12th Floor, Hong Kong Club Building
3A Chater Road, Central, Hong Kong
Phone: (852) 2846-0385
Fax: (852) 2536-9622
Contact: Ms. Andrea Richey, Practice Development Manager
Email: arichey@paulweiss.com
Website: http://www.paulweiss.com