• Print
  • Email
  • PDF
  • Add to PDF Packet
  • View PDF Cart

Andrew L. Herz

Of Counsel
P: 212-336-2910
F: 212-336-7983

Overview

Andy Herz is a member of the American College of Real Estate Lawyers and is included in The Best Lawyers in America® and recognized as a leading lawyer in Chambers USA as a key member of our highly rated real estate department.  Specifically, Chambers notes that ‘the "terrific" Andrew Herz has "developed a great reputation for himself" in the New York market, and contemporaries state that they would refer leasing matters to him "without a shadow of a doubt."’ Clients have stated that he is "an incredible leasing lawyer, probably the best in the city in terms of leasing." He has also been designated as one of only seven real estate lawyers in the United States to be included in the most recent The Best of the Best in Real Estate published by Legal Media Group.  He has been an adjunct professor at Vanderbilt Law School where he taught their commercial real estate law course.  For the past nine years, Mr. Herz has been a member of the Advisory Board and presenter at Georgetown University's Advanced Commercial Leasing Institute.  Earlier in his career, Andy was the General Counsel of the New York State Mortgage Loan Enforcement and Administration Corporation, the workout arm of New York’s Urban Development Corporation, which handled its defaulted $1.2 billion mortgage portfolio. His clients include major real estate owners and developers, commercial banks, investment banking firms, technology providers, hospitals, professional service companies, charitable institutions and other law firms.

Andy has held leadership positions in numerous professional organizations, having served as chair of the Leasing Committee of the American College of Real Estate Lawyers; co-chair of the Office Leasing Committee and the Real Estate Asset Management Committee of the American Bar Association; and chair of the New York State Bar Association's Commercial Leasing Committee.  He has also been designated as a Fellow of the American Bar Foundation and is a member of the New York City Committee of the Regional Plan Association.  Andy has participated in seminars on workouts, commercial leasing, loan restructurings and mortgage financing for numerous industry groups, including the New York University Real Estate Institute, the Real Estate Board of New York, the Practising Law Institute, the International Council of Shopping Centers, the New York Law Journal, The National Association of Corporate Real Estate Executives and the Harvard Business School Real Estate Club. He served as a contributing editor to the New York Bar Association's text, Commercial Leasing, published in 2010 and chaired bar association panels entitled “Commercial Leases – Troubled Landlords, Troubled Tenants” and “Commercial Leasing in a Distressed Market – The Rules Have Changed.”

Mr. Herz was a frequent guest on "Wake Up With Whoopi" talking about real estate law issues with Whoopi Goldberg.  He is Treasurer and a board member of Planned Parenthood of New York City, Inc.

Representative Matters

Major Banking, Manufacturing and Law Firms
Represented major national and international banking, manufacturing and prominent national and international law firms in their leases for New York headquarters.

Major Hospital
Represented a major hospital in a variety of acquisitions, dispositions and major leasing transactions including sale of large apartment complex for over $60 million.

Leading Landlords
Represented landlords of prime New York office buildings in leases to major office and retail tenants in the entertainment, publishing, finance and retail fields.

Lenders
Represented lenders in financing over seven hundred cooperatively owned apartment buildings.

Hotel Owner
Advised owner of a Mexican hotel property in the negotiation of its hotel management agreement.

Joint Venture
Represented publicly traded insurance company in joint ventures to construct luxury apartment communities.

Borrowers
Represented borrowers for mortgage financings of office buildings, industrial complexes, warehouses and apartment buildings.

Large Mixed Use Development
Advised the largest mixed use development in New York City on all of its internet and telecommunications agreements.

Hedge Fund
Represented a hedge fund in redemption of an investor's interest for over $100 million.