Andrew L. Herz
Partner

212-336-2910 | 212-336-7983 fax |
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Andy Herz is a member of the American College of Real Estate Lawyers and is included in The Best Lawyers in America and noted in Chambers USA as a key member of our highly rated real estate department.  He has also been designated as one of only 11 real estate lawyers in the United States to be included in The Best of the Best in Real Estate for 2009 published by Legal Media Group.  He is a recognized authority and frequent lecturer in the areas of commercial office leasing, mortgage financing and workouts.  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 dollar 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 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 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 2004 and chaired New York State Bar Association panels entitled “Commercial Leases – Troubled Landlords, Troubled Tenants” and “Commercial Leasing in a Distressed Market – The Rules Have Changed.”

Mr. Herz has been a frequent guest on "Wake Up With Whoopi" talking about real estate law issues with Whoopi Goldberg as well as an active and prominent member of numerous professional organizations focusing on commercial real estate.

Representative Matters

Major Banking, Manufacturing and Law Firms
Represented major national and international banking, manufacturing and 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 recent sale of large apartment complex for over 60 million dollars.

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 Venturers
Represented publicly traded insurance company in a joint venture to construct a luxury apartment community outside of Boston.

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 dollars.

Kentucky Horse Farm
Advised co-owner of a major Kentucky horse farm on proposed land dispositions.