April 20, 2016 (NEW YORK) – Ron Sernau, Real Estate Department co-chair, has been recognized as a Commercial Observer Power Lawyer.

Ron is profiled for being one of the lawyers behind 2015’s most exciting transactions. He is noted for having more than 25 years of experience in real estate law and his involvement in “trophy property” transactions.

Ron’s highlighted deals include his representation of:

• AvalonBay Communities, an equity real estate investment trust, in its purchase of the American Bible Society site at 1865 Broadway for $300 million
• Hines in the sale of 30-story building, 7 Bryant Park, to the Bank of China for a reported $600 million through a long-term leasehold
• Neiman Marcus in its 250,000-square-foot lease for a new flagship store in Hudson Yards
• Vornado Realty Trust in its redevelopment of 7 West 34th Street and its 470,000-square-foot lease to Amazon