New York Real Estate Journal

Barbara Champoux of Crowell & Moring LLP

December 26, 2011 - Spotlight Content
What was your greatest professional accomplishment in 2011? Representing the RACER Trust, in aspects of General Motors' bankruptcy, and RACER's acquisition of GM's portfolio of environmentally or economically distressed properties, comprised of over 25 million s/f of former prime GM industrial plants and facilities in 14 states. I was initially asked to lead RACER's acquisition, thereby enabling GM to emerge from bankruptcy, but have continued to work with RACER's redevelopment and operational teams, assisting them in their site redevelopment, repositioning and resale efforts, as well as a number of other advisory functions. RACER is counting on strong partnerships with local and state leaders and economic development professionals in each community to achieve solutions that will spur economic development and create jobs. I am thrilled to be part of fulfilling that mission.