Fried Frank brings back the real estate holiday party


Fried Frank’s annual holiday party returned with a bang last
week. A shaved down guest list helped the law firm comply with current COVID
restrictions and a rapid testing facility inside the glamorous Cipriani 42nd
Street made sure everyone was virus-free.

The firm’s real estate chairman Jonathan Mechanic shook more
hands than a Bollywood dancer, choosing to bring the practice back to the party
after nearly two years of social distancing. Like everyone else there, he was
excited to enjoy some face time with the who’s who of New York City’s real
estate industry.

“I appreciated every one of our guests for joining us in forging a path forward, supporting our city and our industry by coming together and celebrating our renewal after such a challenging period,” said Mechanic.

Jonathan and Wendy Mechanic, Amy Rose of Rose Associates, Rob Sorin of Fried Frank. Photo by Camera 1

While some in the crowd of 450 went with fist bumps or elbow
touching, there was no shortage of chat about upcoming deals and the atmosphere
among the guests was optimistic.

David Arena, JP Morgan’s head of global real estate, chatted
with RXR’s Scott Rechler. Over the summer, the pair worked with the Regional
Plan association to produce a series of video interviews focused on
Recalibrating Real Estate post-COVID.

Arena pointed to the re-zoning of Midtown East and the
development of the East Side Access project as examples of good public policy
decisions that move the city forward. Forty years in the making, the East Side
Access will bring direct Long Island Rail Road service to Grand Central
Terminal when it opens this month, reducing commutes into Manhattan by up to 40

The rezoning also allowed JP Morgan to rebuild its aging
Park Avenue headquarters in place.  The
company’s new 1,388-foot headquarters is now rising at 270 Park Avenue in
Midtown East and Arena said JP Morgan – which has had a presence in New York
for 200 years – was proud to serve as an “economic catalyst” for the city as it
emerges from the pandemic.

Silverstein Properties CEO Marty Burger also got into the podcast business this year. He appeared in the  Top of the World: Lessons from Rebuilding the World Trade Center podcast series produced by MuddHouse Media for Sirius XM. He said there were many lessons learned from the rebuilding effort that could be applied to New York’s COVID resurgence. Even a Christmas party like Fried Frank’s served as a reminder, he said, “It’s okay to be in the city. It’s okay to see people again.”

Roy March of Eastdil Secured, Jonathan Mechanic, Robert Selsam of Edison Properties, Scott Rechler of RXR Realty. Photo by Camera 1

Newmark finance chief Jordan Roeschlaub caught up with Bill
Martini, head of acquisition at Mountain Development Corp. and Joe Farkas of
Metropolitan Realty Associates was mixing and mingling but keeping tight-lipped
about his next project. Earlier this year, Farkas was officially recognized by
the Town of Clarkstown for transforming a former Macy’s department store in
Nanuet into a new 101,488 s/f At Home store at the Shops at Nanuet.

Other guests included Rob Speyer of Tishman Speyer, Jason Kollander of MSD Partners, Morris Bailey of JEMB Realty Corporation, Tony Malkin of Empire State Realty Trust, Bruce Mosler of Cushman & Wakefield, Michael Rudin of Rudin Management, Roy March of Eastdil Secured, Chris Lee of KKR, Jacob Werner of Blackstone, Michael Franco of Vornado Realty Trust, Jonathan Iger of Sage Realty, Sonny Kalsi of BentallGreenOak, David Levinson of L&L, Amy Rose of Rose Associates, John Klopp and Lauren Hochfelder Silverman of Morgan Stanley, and Mary Ann Tighe and Stephen Siegel of CBRE.

Wendy Mechanic, David Arena of JP Morgan Chase, Jonathan Mechanic, Rob Speyer of Tishman Speyer Properties . Photo by Camera 1
Meg Brod (left) and Gisele De Chabert of Rockefeller Group with Jonathan Mechanic. Photo by Camera 1
Erin O’Callaghan of Blackstone and Michael Vines and Laurinda Martins of Fried Frank
Photo by Brittany Sturrett
Valerie Kelly of Fried Frank, Tess Rowley of Brookfield Properties, and Catherine Potter, Lauren Athans, and Michael Turo of Fried Frank . Photo by Brittany Sturrett

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