Associate Corporate Counsel

The Durst Organization

$200K — $225K *
Legal & Accounting
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3-5 years of experience in transactional NYC real estate law, at a law firm or in-house.
  • Experience with commercial real estate acquisitions, dispositions, leasing, and/or financing.
  • Strong skills in drafting and negotiating legal documents.
  • Meticulous analytical skills.
  • Effective written and verbal communication abilities.
  • Highly organized and process-driven work style.
  • Ability to work independently and collaboratively in a team setting.
  • Strong project management skills with multitasking capability.

Responsibilities

  • Partner with the Commercial Leasing Department and outside counsel to oversee lease documentation.
  • Draft and review ancillary lease documents like completion notices and indemnity letters.
  • Advise on lease interpretation and dispute resolution.
  • Track and monitor critical leasing obligations and compliance issues.
  • Prepare and maintain lease abstracts for internal reference.
  • Negotiate small commercial and retail leases, along with various non-leasing agreements.
  • Support cross-departmental legal queries and compliance monitoring.

Benefits

  • Opportunity to work in a dynamic legal environment within a reputable organization.
  • Engagement with cross-functional teams, enhancing professional collaboration.
  • Exposure to a wide range of real estate and corporate legal matters.
  • Involvement in sustainability initiatives, promoting environmental stewardship.
  • Support from senior legal professionals in special projects and legal matters.
Full Job Description
Overview:

The Associate Corporate Counsel will work closely with the Legal & Risk Management Department, internal stakeholders, and outside counsel to manage The Durst Organization's legal affairs. This role plays a key part in facilitating and administering Commercial Leasing matters, drafting, negotiating and interpreting a broad range of real estate and non-real estate agreements, and ensuring sound corporate governance.

This role requires a highly motivated and organized individual, with the ability to manage multiple projects simultaneously, maintain a high degree of discretion and confidentiality, and ensure deliverables are up to Company standards.

Responsibilities:
  • Partners with the Commercial Leasing Department, cross-functional teams, and outside counsel to oversee and facilitate the drafting and negotiation of lease documentation.
  • Drafts and reviews ancillary lease documentation such as substantial completion notices, letters of credit, indemnity letters, SNDAs, estoppel certificates, commencement date agreements and availability notices.
  • Advises internal teams on questions of lease interpretation and disputes resolution.
  • Monitors and tracks letters of credit, lender consent obligations, encumbrances (e.g., rights of first offer and expansion options) and other critical matters to ensure timely execution of projects.
  • Prepares and maintains lease abstracts.
  • Drafts and negotiates small commercial leases, retail leases, license agreements, letter agreements (e.g., forbearance agreements) and, notices of default (with the support of outside counsel).
  • Drafts, reviews, and negotiates various non-leasing documents and agreements, such as corporate formation and governance documents, confidentiality agreements, master service agreements, consultant agreements, purchase orders, amenities management agreements, construction and development agreements, requests for disbursement from loan reserves, photo and film production agreements and software license agreements.
  • Provides cross-departmental support on questions of legal compliance and contract interpretation.
  • Monitors and ensures compliance with applicable federal, state, and local laws and regulations.
  • Provides general litigation support.
  • Establishes and maintains strong relationships with cross functional departments.
  • Supports the Senior Vice President & General Counsel and the Senior Associate Corporate Counsel on special projects and other legal matters as needed.
  • Serves as a resource, advocate, and catalyst for sustainability at The Durst Organization. Applies the skills unique to the core job responsibilities for practical integration of sustainability into processes, standard operating procedures, and adopted business practices. Seeks to empower colleagues, consultants, tenants and residents to prioritize and actively engage in environmental stewardship.

Qualifications:
  • 3-5 years of experience with transactional NYC real estate law at a law firm, in house, or a combination thereof
  • Demonstrated experience with commercial real estate acquisitions, dispositions, leasing, and/or financing
  • Strong experience drafting and negotiating legal documents
  • Must possess meticulous analytical skills
  • Effective written and verbal communication skills
  • Highly organized and process driven
  • Ability to work well independently and in a team setting
  • Strong project management skills with the ability to effectively multitask and prioritize.

Salary Range: $200,000 - $225,000 (annual)

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