News: Brokerage

Holland & Knight names Proulx to real estate practice

Holland & Knight has welcomed Paul Proulx to its real estate practice group as a senior counsel in the N.Y. office. Proulx has experience in land use, zoning and development matters and in general real estate transactions. He represents clients before city agencies, such as the board of standards and appeals and the city planning commission, and also on matters with the office of the mayor and city council. "Paul is an excellent addition to our land use and zoning practice in New York," said Stuart Saft, practice group leader for real estate in New York. "He regularly represents clients before critical agencies in the city and understands the broad scope of development issues, including air rights." Proulx has played a major role in many developments, including those that involved Landmarks Preservation Commission approval. He has guided entire development teams through special permitting processes in landmark demolition and replacement projects. He also led the consultant team effort to obtain entitlements for a $1 billion, multi-phase development and public-private partnership with the New York City Housing Authority in Astoria, Queens. "The variety of real estate matters I have handled represents the type of issues that developers in New York City face," said Proulx. "I know how to get the development and entitlement process started and guided to completion. Land use and zoning issues continue to be significant factors for projects of all sizes in New York City." Proulx earned a J.D. degree from Brooklyn Law School, a master's degree in Urban Planning from the Pratt Institute and an undergraduate degree magna cum laude from the University of Detroit. Before entering private practice, he was land use and economic development counsel to the supervisor of Babylon, N.Y., and an associate counsel to a real estate development company and hotelier.
MORE FROM Brokerage

Century Cricket Centre to open first U.S. location near Bryant Park in 14,000 s/f lease

Manhattan, NY Century Cricket Centre, an Australian-backed indoor cricket and sports-tech concept, will open its first U.S. location in a 14,000 s/f at 25 W. 39th St. near Bryant Park following a 15-year lease arranged by Lee
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.