Samuel Sultanik is senior counsel in Hughes Hubbard & Reed's Real Estate practice group. His work covers a broad spectrum of real estate activities, including acquisitions and dispositions, restructurings, joint ventures and leases. Samuel represents owners, developers, lending institutions, private equity funds and investors in connection with development projects, acquisitions and dispositions, financings, restructurings, joint ventures, as well as commercial, retail and industrial leasing. He also works on all aspects of construction and contracting methods and dispute resolution that relate to construction. In that area, he represents owners and owner representatives, developers, general contractors, construction managers, design builders, architects and engineers.
Professional Activities
Member, New York Bar Association, Real Property Section
Real Property Committee on Construction, Association of the Bar of the City of New York
Member, International Council of Shopping Centers (ICSC)
Former member, Law Committee of the ICSC
Highlighted Publications
"Understanding and Achieving the Client's Goals: Contract Strategies for Construction Projects," in Client Strategies for Working With Construction Firms, Inside the Minds, Aspatore Books, 2008
Speaking Engagements
Lectures at the ICSC
Antitrust Aspects of Restrictive Covenants
Assignment and Subleasing Issues
Ask the Experts
Court Admissions
U.S. District Court, Eastern District, 1980
Real Estate
Highlighted Matters
Representation of a major media company in connection with the restructuring of its real estate portfolio and sale leaseback transactions
Representation of a developer of a mixed-use condominium project in Chelsea, New York City, in connection with its joint venture agreement and project development
Representation of a partner in a major New York City real estate investment portfolio in connection with the restructuring of joint venture interests
Representation of a major New York City developer in connection with a joint venture for the development of a major mixed-use program in Israel
Representation of the trustee for MF Global Inc. in all real estate matters arising out of bankruptcy proceedings and Securities Investor Protection Act (SIPA) liquidation
Representation of the trustee for Lehman Brothers Inc. in all real estate matters arising out of bankruptcy proceedings and SIPA liquidation
Representation of a private equity fund in connection with the acquisition of an international chain of family-oriented theme parks
Representation of a private equity fund based in Dubai as US real estate counsel in connection with its acquisition of Madame Tussauds Wax Museums entertainment properties in Times Square and Las Vegas
Representation of Cablevision in connection with long-term ground leases for printing plant and office facilities in connection with its acquisition of Newsday
Representation of a major insurance company and its asset manager in connection with the sale to Liberty Property Trust of a 90,000 square-foot development site in downtown Philadelphia, where the Comcast Center was developed
Representation of Nautica Enterprises Inc. in connection with the acquisition of a development site for a 525,000 square-foot warehouse in Martinsville, VA, as well as development agreements and ancillary agreements with The Martinsville Development Authority and various agencies of the state of Virginia
Representation of an insurance company in connection with the sale of a shopping center mall
Representation of ownership in connection with the restructuring of Barney's leases in New York, Chicago and Los Angeles
Representation of a Japanese conglomerate as co-owners of an aluminum smelter plant in connection with a development agreement and long-term ground lease with Sempra Energy Resources for the construction of a new 600-megawatt combined-cycle power plant in Frederick County, MD
Representation of an owner/developer in connection with shopping center development in the US Virgin Islands
Representation of Steve & Barry's University Sportswear in connection with its US retail rollout
Representation of a public corporation in connection with a synthetic lease for industrial warehouse space
Representation in connection with sale and leaseback transactions
Representation of a financial institution in connection with the sale of fee interest and leasehold mortgage at Herald Center in New York City
Representation of a not-for-profit religious organization in connection with the acquisition of a new church facility and the reconstruction and sale of commercial property
Representation of a major international music-theater operator in connection with the development of a mixed-use entertainment venue in New York City
Representation of Nautica Enterprises Inc. in connection with all real estate matters, including worldwide retail leasing programs for Nautica Retail, Earl Jeans and John Varvatos
Representation of Arche Inc. in connection with US retail development
Retail leasing for national retailers throughout the United States and in Puerto Rico
Representation of an investor in connection with the development of a mixed-use sports complex at Pier 33 in New York City
Representation of numerous public corporations and private equity funds in connection with real estate acquisitions
Representation of MaitlinPatterson Global Advisors in connection with finance restructuring
Representation of Under Armour Inc. in connection with its national retail leasing program
Representation of EngenderHealth Inc. in connection with a lease at 440 Ninth Ave., New York
Representation of BMI Music Inc. in negotiating a lease for its corporate headquarters offices in Manhattan
Representation of Brightwood Capital Advisors LLC in connection with its sublease at 1540 Broadway, New York
Representation of Eton Park Capital Management LP in connection with its lease at 825 Third Ave., New York
Representation of Endeavor Marketing, a major talent agency, in its leasing of office space at Carnegie Hall Tower in New York
Representation of Turner Media in the sublease of office space at 712 Fifth Ave., New York
Representation of Flushing Savings Bank in connection with a new headquarters lease in Lake Success, NY
Representation of Nautica Enterprises Inc. in connection with the negotiation of a headquarters lease at 40 W. 57th St., New York
Representation of Ogaki Bank in connection with its Rockefeller Center office space
Representation of NIT Electronics Corp. in connection with its New Jersey office lease
Representation of Muscular Dystrophy Association Inc. in its office lease at 104 W. 40th St., New York
Representation of Allgemeine Hypothekenbank AG in connection with an office lease at 375 Park Ave., New York
Representation of ownership in connection with the office leasing of 660 Madison Ave., New York
Construction
Representation of the largest UK producer of granulated blast-furnace slag in connection with the site acquisition, engineering procurement and construction contracting for the development of a slag-grinding facility in Florida
Representation of end users in the development of significant distribution center projects involving grants and tax-inducement negotiations on state and local levels, rezoning of land, architecture, engineering software, construction and equipment contracts in various states in the US
Representation of a major Japanese chemical manufacturer in connection with the development of a chemical production facility in Illinois
Representation of a South American mining conglomerate in connection with equipment procurement and construction contracts and the acquisition of a terminal site in Maine
Representation of a major insurance company and bank in connection with the preparation of forms for construction and professional services agreements
Representation of contractors and users in connection with all aspects of various significant New York construction for the following selected projects:
Development of a 1.2 million square-foot space for Ernst & Young in Times Square at 5 Times Square, New York
Construction agreement for the build-out of several hundred thousand square feet of law offices
Design and construction of interior improvements affecting 682,000 square feet of retail and office space at 4 Times Square, New York
Redevelopment of core and infrastructure for floors 19 through 22 at 40 Wall St., New York
Base building construction of a new middle school facility in Brooklyn, New York
Construction agreement for the renovation of offices at 7 World Trade Center, New York
Construction agreement for offices at 1 World Financial Center, New York
Construction agreement for an infill project involving the expansion and renovation of a school
