New MP Soars into VA

Carol Honigberg's specialization in aviation-related real estate helps planes soar. As the newly-appointed Reed Smith Falls Church managing partner,she's planning to do the same for the office.

We caught up with Carol yesterday. She's taking over as managing partner from Karen Fagelson, who held the position for eight years. (Above, Karen passes the baton microphone.) She tells us she'll focus on "recruiting and the growth of the office." She'll also keep up her commercial real estate practice, where she sees a lot of activity along the new Silver Line. Apartment deals, however, may be slowing in some markets as folks start to get nervous about oversupply.

Carol's been with Reed Smith and Hazel & Thomas (which merged into Reed Smith in '99) since '80, including six years as corporate secretary. Along the way, a client snagged an RFP to develop cargo facilities at Dulles, which were used by FedEx, DHL, United, and Lufthansa. It was so successful that the client ended up spinning off a new company specializing in airport development work, the legal aspects of which Carol took on around the country. She works often with private parties that develop or own airport facilities for corporate fleets and private planes. One current project is developing a new hangar facility in Manassas; another is working with a client to sell an existing facility in Florida. (And if her MP duties become too stressful, somehow we think a quick airborne getaway wouldn't be too hard to find.)