Printer Friendly
The Free Library
18,914,768 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Mild-mannered Polevoy never pulls any punches.


Martin Polevoy, partner, DLA Piper DLA Piper (known until 4 September 2006 as DLA Piper Rudnick Gray Cary) is the third largest law firm in the world by number of attorneys after Clifford Chance and Baker & McKenzie.  Rudnick Gray Cary

With a high corner office in midtown, you don't have to look out very far from Martin Polevoy's window to see some of the deals that he has done.

Just a few buildings away is 745 Seventh Avenue, the site where only a few years ago he was Lehman Brothers' attorney for a leasing deal in which the firm took hundreds of thousands of square feet of space.

Admittedly a little bit farther away, one can see the fast rising New York Times Building The New York Times Building is a skyscraper on the west side of Midtown Manhattan, New York that was completed in 2007. Its chief tenant is The New York Times Company, publisher of the The New York Times, The Boston Globe, the International Herald Tribune  on Eighth Avenue, whose developer, real estate mogul Bruce Ratner, Polevoy represented in the complicated and labyrinthine lab·y·rin·thine
adj.
Of, relating to, resembling, or constituting a labyrinth.



labyrinthine

pertaining to or emanating from a labyrinth.
 negotiations with the city, state, and The New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 Times Company itself to structure the deal.

Indeed, the head of the law firm DLA Piper Rudnick Gray Cary's real estate practice, Polevoy has a roster of clients that reads like a who's who list in the real estate world.

Besides Ratner and Lehman Brothers, Polevoy has been one of the lead attorneys representing the Port Authority in its recent highly publicized and seesawing negotiations with developer Silverstein Properties.

He has also hatched, in recent years, an impressive subspecialty subspecialty,
n a limited portion of a narrowly defined professional discipline. E.g., surgery is a specialty of medicine and pediatric vascular surgery is a subspecialty.
 representing a number of prominent German open-end real estate funds in their purchase of real estate and development projects in the United States--clients that required him to take on the formidable task of learning German and European Union European Union (EU), name given since the ratification (Nov., 1993) of the Treaty of European Union, or Maastricht Treaty, to the

European Community
 real estate and tax laws.

Observing his prepossessing pre·pos·sess·ing  
adj.
1. Serving to impress favorably; pleasing: a prepossessing appearance.

2. Archaic Causing prejudice.
 air and easygoing eas·y·go·ing also eas·y-go·ing  
adj.
1.
a. Living without undue worry or concern; calm.

b. Lax or negligent; careless.

c.
 manner, not many would necessarily peg Polevoy for one of the most talented, prominent and prolific real estate attorneys in the city. Where's the bulldog, tough as nails persona that somehow seems to taint taint

an unpleasant odor and flavor in a human foodstuff of animal origin. Caused by the ingestion of the substance, commonly a plant such as Hexham scent, or while in storage, e.g. milk stored with pineapples, or as a result of animal metabolism, e.g. boar taint.
 everyone's conception of the prototypical, if not stereotypical, corporate big gun lawyer?

"I leave that at the negotiating table," Polevoy says with an easy smile. He's joking.

In reality, and maybe to the disappointment of Law and Order fans, lease and development negotiations in the Big Apple don't always exactly achieve the kind of high drama some might think multi-million dollar deals would wring from their participants. There are always exceptions however.

At the base of the New York Times Building, the city called for aggressive allocations of public space, demands that Polevoy eventually helped negotiate so that they were acceptable to the developer as well. The city lawyers were no pushovers either, but rather had been converted into battle-hardened veterans from all their experience negotiating with the slew of talented developers who had, in the years preceding, taken turns erecting developments that spurred the revitalization of Times Square.

"If they had made mistakes, or undue concessions, they had made them with the developers before us," Polevoy said. "By the time they got to us, they were pretty tough."

"You have the city on one side and they are looking out for the public interest and yet the developer has to make sure that he can build a building that he's going to profit with. But there's going to be a great auditorium in the base of the New York Times Building and a public space where people can be that will be a great amenity to the office tenants in the building as well. It sounds like a cheesy cheesy (che´ze) caseous.  line, but we really did work out a situation where both the city and Ratner and The Times all came out winners."

"That's part of why I love being involved in big transactions, because you know you're working with the best and the level of sophistication so·phis·ti·cate  
v. so·phis·ti·cat·ed, so·phis·ti·cat·ing, so·phis·ti·cates

v.tr.
1. To cause to become less natural, especially to make less naive and more worldly.

2.
 is both challenging and rewarding."

Although he sat opposite the public sector in that deal, he played the part of its advocate on September 12, 2001, when he remembers receiving a call from the Port Authority to provide legal counsel in its intense search for space to replace all the offices it lost in the 9/11 terrorist attacks.

"I worked for months straight starting from that day and must have pulled eight all-nighters," Polevoy said. "But it was probably some of the most important work I've ever done."
COPYRIGHT 2006 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:PROFILE OF THE WEEK: Martin Polevoy, partner, DLA Piper Rudnick Gray Cary
Author:Geiger, Daniel
Publication:Real Estate Weekly
Geographic Code:1USA
Date:May 17, 2006
Words:675
Previous Article:Massey Knakal Realty Services.(Sales)
Next Article:Eastdil tapped to sell Jamestown's 1211 Sixth Ave..(Douglas Harmon and Adam Spies)(Brief article)
Topics:



Related Articles
Piper pull.(Law)(Piper Rudnick L.L.P.)(Brief Article)
More Piper.(Law)(DLA Piper Rudnick Gray Cary US LLP)(Brief Article)
DLA Piper Rudnick Gray Cary US LLP.(Law)(appoints Sanford C. Presant and Nicolas Morgan)(Brief Article)
DLA Piper Rudnick Gray Cary US L.L.P.(Darrell Gay appointed)(Brief Article)
Katten Muchin Rosenman LLP.(appointed Claudio R. Chavez )(Brief article)
DLA Piper Rudnick Gray Cary US LLP.(Kudos)
Lawyers are now in Chambers.
Ronen Elad has joined DLA Piper Rudnick Gray Cary US LLP from Gibson Dunn & Crutcher LLP.(Movin' On Over)(Brief article)
Ch-ch-ch-changes.(LAW)(Brief article)
On Thursday, February 15, the Empire State Building opened the NASDAQ Stock Market at the NASDAQ MarketSite in Times Square.

Terms of use | Copyright © 2010 Farlex, Inc. | Feedback | For webmasters | Submit articles