Neveloff Named One of the Top Lawyers in NY Commercial Real Estate by Commercial Observer

The Commercial Observer named Real Estate partner Jay A. Neveloff one of the "Top Lawyers in New York Commercial Real Estate Right Now." The article cited Mr. Neveloff's involvement in a number of high-profile real estate transactions in 2011, which has included the sale of the upper portion of 229 West 43rd Street (the former site of the New York Times), and the sale of St. Vincent's Hospital to Rudin Management. Commenting on the current state of the market, Mr. Neveloff said that many medium-sized clients have returned to the market, and many stalled deals have been recapitalized. He said that clients are looking to their attorneys for an accurate read on the market, saying "The top lawyers in the city are performing broad functions. You really get involved in the business of your clients." The article also noted that the firm has New York City's largest land use practice, with attorneys who have backgrounds in real estate and land use related city agencies. Mr. Neveloff said that the size of the firm itself is of tremendous benefit to clients, in that if he can't do something for a client, there is another Kramer Levin attorney who can.