Rich is a partner in the firm’s Real Estate Practice and is based in its New York City office. He has a broad-based commercial real estate practice and has led purchase, sale, financing, and leasing transactions of commercial property throughout the United States. Rich counsels a diverse set of clients, from Real Estate Investment Trusts (REITs) and financial services companies to retailers and family offices. He is also a trusted advisor to over a dozen real estate entrepreneurs in New York, his hometown Philadelphia, and elsewhere in almost all matters affecting their business. 

Prior to joining Hodgson Russ, Rich practiced real estate with established firms in New York City and Philadelphia.

Related Experience

Purchases and Sales

  • Represented family office in acquisition of 75 condominium units in Philadelphia
  • Represented developer in sale-leaseback of an industrial warehouse with a Fortune 50-owned company
  • Numerous transactions representing international retailer in acquisition of 20+ acres of land as part of its national growth strategy

Joint Ventures and Real Estate Equity Matters

  • Represented family office in JV with private equity fund
  • Represented real estate developer in exclusive partnership with private equity fund
  • Represented multiple real estate developers in legal aspects of raising LP capital for new projects, including through the Qualified Opportunity Zone program

Leasing

  • Represented LOOK Cinemas in movie theater lease with affiliate of the Durst Organization at 57th and 12 Avenues, one of the largest retail leases in Manhattan post-pandemic
  • Represented anchor tenant entertainment retailer for new leases in New York, Pennsylvania, Texas, Florida, California, Virginia, Georgia, and Arizona
  • Represented regional landlord in lease with anchor tenant supermarket
  • Represented regional landlords with numerous national retailers, banks, and quick service restaurants
  • Represented financial services company in negotiation of leases and related documents for its national office portfolio
  • Numerous office and retail leases in Philadelphia and New York City

Real Estate Finance

  • Represented foreign lender in mortgage loan secured by $25M Manhattan penthouse
  • Represented real estate developer in construction loan for new townhome community on a one acre urban infill site
  • Represented family office in $10 million bridge loan financing, $20 million bridge loan financing, and then subsequent re-financings
  • Represented institutional owner in refinance of shopping centers
  • Numerous acquisition, construction, and finance loans for growing millenial-owned real estate companies

Education

University of Pennsylvania, B.A., magna cum laude

University of Pennsylvania Law School, J.D.

Admissions

  • New York
  • New Jersey
  • Pennsylvania

Recognitions

  • Listed, New York Metro Super Lawyers Rising Stars (Real Estate) 2024
  • Listed, The Legal Intelligencer Lawyers on the Fast Track - 2019
  • Former Executive Editor, University of Pennsylvania Journal of Constitutional Law

Professional

  • International Council of Shopping Centers
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Richard J. Slavin / News & Insights