NEW YORK – Jan. 25, 2024 – Global law firm Greenberg Traurig, LLP was recognized with a 2023 Law360 Practice Group of the Year award for its Global Real Estate Practice.
The annual awards series, now in its 14th year, recognizes practice groups that worked on the biggest deals or achieved the biggest wins in the most important cases over the prior year, according to Law360.
Greenberg Traurig’s Global Real Estate Practice has earned the recognition for two consecutive years and seven times overall.
“We are grateful that our team’s hard work and dedication to excellence in client service continue to be recognized by Law360 with this award,” Real Estate Practice Co-Chairs Michael J. Baum, Richard J. Giusto, and Stephen L. Rabinowitz said. “Being named among only six real estate ‘practice groups of the year’ is a testament to the trust our clients continually place in us to provide business-oriented legal advice that helps them succeed. We are proud of what we’ve accomplished and look forward to even greater achievements in the coming years.”
In 2023, the real estate team advised on a wide array of major transactions and projects, including representing New York’s Metropolitan Transportation Authority in various real estate, development, construction, and regulatory matters related to the development of the $11 billion Grand Central Madison Terminal, the first major railroad terminal constructed in the United States in 67 years.
The team also advised SL Green Realty Corp. in the sale of a 49.9% interest in Manhattan’s 245 Park Avenue office tower at a $2 billion valuation to Mori Trust; counseled Apartment Income REIT in a $1 billion+ joint venture with a global institutional investor to recapitalize a 10-property multifamily portfolio in the United States; and guided Erie County in a $1.54 billion deal with New York State and the Buffalo Bills to build a new football stadium in Buffalo, among other notable transactions.