Benjamin F. Needell focuses his practice on real estate development, purchase and sale transactions, financings, real estate investment trusts, major headquarters leases, hotel operation, development and financing, and matters relating to pension fund investments in real estate.

Bio

Mr. Needell has represented such clients as Boston Properties; Calvin Klein; The Clarett Group; ING Real Estate; the estate of Ahmet Ertegun; The Georgetown Group; Howard Parnes; the Helmsley Charitable Trust; Orient-Express Hotels; Ian Schrager; André Balazs; Larry Silverstein; Wenner Media, Inc.; The Port Authority of New York and New Jersey; the Empire State Development Corporation; Governors Island Preservation and Education Corporation; Madison Square Garden; The Howard Hughes Corporation; Xin Zhang; The Shed; and the estate of Leona M. Helmsley.

Mr. Needell has advised many major real estate developers in the acquisition, construction and development of properties. For example, Mr. Needell has handled developments by The Clarett Group, Larry Silverstein, Ian Schrager, André Balazs and The Howard Hughes Corporation. Mr. Needell also represented ING in its investment in The New York Times headquarters development at 41st Street and 8th Avenue.

Representing buyers or sellers of real estate has always been an important part of Mr. Needell’s practice. Mr. Needell represented The Port Authority of New York and New Jersey in the privatization of the World Trade Center. Mr. Needell also handled the sale of the Carlyle Hotel, the sale of 450 Park Avenue, the purchase of 399 Park Avenue and the purchase of Governors Island. He also represented Sony Corporation of America in the $1.1 billion sale of its U.S. headquarters building at 550 Madison Avenue in Manhattan to a consortium led by The Chetrit Group, LLC.

In addition to real estate matters, Mr. Needell has represented Wenner Media, Inc., and the New York Restoration Project, a not-for-profit organized by Bette Midler to purchase community gardens for the benefit of its land trust and renovate neglected New York City parks.

Mr. Needell has been included in the PLC Cross-border Corporate Real Estate Handbook, Chambers USA: America’s Leading Lawyers for Business, Who’s Who Legal, The Legal 500 United States and The Best Lawyers in America for real estate law. He also was named Best Lawyers’ 2013 New York City Real Estate Lawyer of the Year.

Credentials

Education

  • LL.B., St. John's University, 1966 (Editorial Board, St. John Law Review)
  • B.A., Rutgers University, 1963

Admissions

  • New York

Associations

  • Member, Board of Directors, Rock and Roll Hall of Fame (1986-Present)
  • Rock and Roll Hall of Fame and Museum (1990-Present)
  • Wenner Media, Inc. (1979-2017)
  • Stratton Mountain School (1980-2012), Chairman (1988-1993)
  • New York Restoration Project (2002-Present), Chairman (2002-Present)
  • Westchester Land Trust (2001-Present)

Benjamin F. Needell