Suggestions
Jonathan Mechanic
Chairman of Real Estate Department at Fried Frank
Professional Background
Jonathan Mechanic is a leading expert in commercial real estate transactions, bringing a wealth of experience in counseling developers, owners, investors, Real Estate Investment Trusts (REITs), and lenders. His expertise covers a wide array of areas within commercial real estate, including acquisition, disposition, and development of various property types such as office, retail, hotel, and mixed-use properties. Jonathan is particularly well-versed in navigating complex commercial mortgage, mezzanine, and construction financing arrangements, in addition to the acquisition and sale of distressed debt, joint ventures, and restructurings.
Notably, Jonathan played a critical role in significant transactions that have shaped the New York City skyline. He represented a Paramount-led joint venture in the high-profile acquisition of Deutsche Bank's U.S. headquarters at 60 Wall Street. Moreover, he effectively assisted CWCapital Asset Management in the landmark sale of Stuyvesant Town-Peter Cooper Village to the Blackstone Group and Ivanhoé Cambridge—demonstrating his adept handling of large-scale real estate projects and his ability to achieve favorable outcomes for his clients.
In addition to development and sales work, Jonathan provides invaluable counsel in commercial leasing and ground lease transactions. His extensive portfolio includes representing high-profile clients such as 21st Century Fox and News Corp. in their prestigious headquarters leases at 1211 Avenue of Americas. Furthermore, his expertise extends to Citigroup, where he facilitated its long-term lease of its global headquarters at 388-390 Greenwich Street, including the exercise of an option to purchase the building. His representation has also benefitted prominent firms like Milbank, Tweed, Hadley & McCloy LLP in its relocation to 55 Hudson Yards, and Coach with the sale-leaseback of its headquarters at 10 Hudson Yards. Additionally, he has advised Ernst & Young on a remarkable 600,000-square-foot lease for its new headquarters at One Manhattan West and orchestrated Shiseido's 225,000-square-foot lease at 390 Madison Avenue for its U.S. headquarters.
Education and Achievements
Jonathan Mechanic has a solid academic foundation that supports his expertise in commercial real estate law. He earned a Doctor of Law (JD) from the prestigious New York University School of Law (NYU), which is known for producing some of the nation’s leading legal minds. Prior to this, he completed his undergraduate studies with a Bachelor of Arts (BA) at Brandeis University. This strong educational background has equipped Jonathan with both the theoretical knowledge and practical skills necessary to excel in the complex world of real estate transactions.
In addition to his robust professional practice, Jonathan has made significant contributions to legal education and continues to shape the future of real estate law through his teaching. He has been an Adjunct Professor for the real estate transactions course at Harvard Law School for nearly a decade. His ability to convey complex legal principles and provide real-world insights makes him a sought-after lecturer, not only at Harvard but at other esteemed institutions such as NYU Law School, the Real Estate Board of New York, and the Practising Law Institute. To share his vast knowledge, Jonathan is also a co-author of "The Commercial Office Lease Handbook," published by the American Bar Association, further establishing his credibility and authority in the real estate sector.
Achievements
Jonathan Mechanic's career is highlighted by numerous professional achievements and reputable positions that underscore his status as a thought leader in his field. He has formerly held the prestigious position of Chairman of the Real Estate Department at Fried Frank, a leading law firm known for its excellence in real estate law. Additionally, Jonathan served as General Counsel and Managing Director at HRO International Ltd., providing him with a wealth of experience that crosses into various disciplines related to real estate.
His previous role as a Real Estate Associate at Fried Frank laid the foundation for a career characterized by strategic negotiations and successful closings of high-stakes transactions. Through his commitment to the industry and his clients, Jonathan has become an invaluable asset to the firms he has represented and the academic institutions that benefit from his teaching and mentorship.
In Summary
With over a decade of experience as an educator and an equally impressive hands-on career in real estate law, Jonathan Mechanic exemplifies leadership and knowledge in the commercial real estate sector. His ability to seamlessly navigate complex transactions and his reputation for delivering results for his esteemed clients make him a formidable presence in the field. Jonathan is not just a practitioner of real estate law but also an influential figure in shaping the next generation of legal minds through his teaching and written contributions. His continued involvement in significant leases, acquisitions, and sales showcases his unwavering dedication to his clients and the industry at large.