Alan J. Pomerantz

Let's take a look at the Carnegie Hill neighborhood of the Upper East Side, where a Cravath partner recently sold his ultra-luxurious residence -- for a whopping $4.6 million. Interestingly enough, the buyer is a lawyer as well, in-house counsel at a major media company. Who are the parties to this transaction? And what does a $4.6 million apartment look like?

Many real estate lawyers are also real estate investors. It makes perfect sense: they know the market, they know the intricacies of complex transactions, and they see a lot of deals in the course of their practice. For example, Jonathan Mechanic, the renowned real estate lawyer who heads the practice at Fried Frank, owns retail […]