Loeb & Loeb LLP announced today that Peter A. Strauss has joined the firm’s Real Estate Practice as a partner. He advises both domestic and international clients on a broad range of transactions.
Strauss’ work includes advising owners and tenants in complex leasing deals involving high-profile commercial properties in New York City and other major markets. He also represents real estate lenders on secured and unsecured credit facilities as well as borrowers of large mortgage loans, developers, hotel owners and operators, equity investors, and parties to joint ventures. Strauss represents sellers and purchasers of commercial properties, including office parks, apartment buildings and complexes, commercial condominiums, hotels, and golf courses. He also has deep experience in construction issues and counsels owners with respect to development management agreements, construction contracts and construction administration issues.
“Peter is a highly skilled negotiator who has handled many of the industry’s most significant deals, and his practice covers a great breadth of experience,” said Raymond A. Sanseverino, national chair of Loeb’s Real Estate Practice. “He is an excellent addition to our existing team, and we are extremely pleased to welcome him.”
Highlights from Strauss’ recent work include advising New York City’s largest office landlord on a 2.6-million-square-foot lease extension for a major financial services firm, representing the owner of one of New York City’s most iconic buildings in lease transactions covering in excess of 1.2 million rentable square feet, representing a major professional sports league and its advanced media affiliate with respect to a new headquarters lease covering 400,000 square feet at 1271 Avenue of the Americas, representing the New York City Economic Development Corporation on their 220,000 square foot lease at One Liberty Plaza, and numerous other large-scale and highly intricate transactions.
“Loeb’s Real Estate Practice has a stellar reputation. The firm and its vibrant real estate practice are made up of driven and highly collaborative lawyers. I am excited to join this firm and look forward to being a part of this dynamic team of real estate lawyers. This is a fantastic opportunity,” said Strauss.
Strauss earned his J.D. from St. John’s University and his B.A. from Washington University. He has also served as an adjunct professor at St. John’s University School of Law.
Strauss is the latest partner to join Loeb & Loeb’s Real Estate Practice in recent months, following Tara Gorman’s addition to the firm’s Washington, DC office in April.