News
Zombie Killer
February 9, 2011
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| Though the CRE market is improving and transaction volumes are increasing, the landscape remains bifurcated between income-producing and zombie properties. Former Morrison & Foerster real estate co-chair and new SNR Denton partner Andy Weiner tellsLegal Bisnow that ’11 will be the year creative lawyering and/orlegislative strategies begin to replace “extend and pretend.” Since joining the firm in January, Andy’s already enjoying the synergiesbetween his practice and the firm’s 48 office platforms across four continents. Within his first 10 days, the hotel group in Phoenix sent the NY office a potential significant deal, and he relayed one of his Asia clients to his new colleagues in London. |
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| The former chair of the real estate practice group of Lex Mundi (the world’s leading association of independent law firms) has reppedNYU in real estate transactions since the '80s, bought and sold luxury hotels like the Caneel Bay Resort on the Caribbean's St. John, and even negotiated (to international standards) the rights to place five-story floating hotel barges on the Neva River in St. Petersburg(until Putin came to power and ruined the whole thing, he says). When Andy’s not executing exotic deals, he fancies all-American fare like Westerns, hikes in the Adirondacks, and relaxing at his house in North Fork wine country. He’s also a proud member of theAdirondack 46ers, an environmental group whose members have climbed all 46 mountains over 4,000' in the Adirondacks. |
