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Thomas D. Kearns

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Honors

  • Tom has been selected by his peers for inclusion in the The Best Lawyers in America in the field of Real Estate Law annually since 2019.
  • Tom has been consistently named to the New York Super Lawyers list, a Thomson Reuters lawyer rating service, since 2006.
  • Tom was elected a Fellow of the American College of Real Estate Lawyers (ACREL), Class of 2015.

Education

J.D., Fordham University School of Law, 1984

M.B.A., Fordham University, 1979

B.A., Fordham University, 1976

Bar & Court Admissions

  • New York
  • New Jersey

Thomas D. Kearns has significant experience in both real estate and corporate law.

Tom represents owners, operators and developers in the acquisition, development, ground leasing and financing of office, residential and retail properties. He has extensive experience with joint venture, LLC, tenant-in-common and other agreements between co-venturers, and has negotiated and drafted sophisticated commercial condominium documents including condominiums to permit exempt entities to take advantage of real estate tax exemptions. Tom has been one of the most active practitioners in the purchase, turnaround and sale of Manhattan office buildings. Recently Tom handled several workouts of ground leased hotels when the hotel industry was hurt by the COVID-19 pandemic. 

Tom is highly knowledgeable regarding the impact of federal and state securities laws on real estate and has lectured and written on the regulatory environment   including the relaxation of the general solicitation limits under Reg D and crowdfunding rules. 

He also regularly represents professional athletes and sports executives and other high-net-worth individuals in their residential transactions in New York.

Professional & Community Affiliations

American Bar Association

New York State Bar Association

Various leadership roles with the Real Property Section of the American Bar Association, most recently as Book Editor

Board of Directors, Broadway Housing Communities

Board Member, New York Landmarks Conservancy

  • Represented the owner of a downtown Manhattan office building in its conversion to residential condominiums including the termination of all office leases, a tax freeze for the property, the condominium offering plan and unit sales.
  • Represented the New York City Partnership Foundation Inc., an affiliate of the Partnership for New York City, pro bono on a bridge loan for the development of a Senior Center on Staten Island by The Metropolitan Council on Jewish Poverty, a non-profit social services organization, which is calling the center the first affordable housing complex of its kind in the city. See Crain's for press report.
  • Represented Metropolitan College of New York, a college founded in 1964 by educational pioneer Audrey Cohen, in the purchase of a commercial condominium to house its growing college programs within a $40 million development known as the Triangle Plaza Hub in the South Bronx . The construction and purchase of the condominium is being financed using New Markets Tax Credits. The Real Deal reported on the purchase.
  • Represented a joint venture between Kaufman Organization and Principal Life that executed 99-year ground leases on four New York City office buildings from Extell Development in a deal valued at approximately $135 million. The properties are located at 119-125 West 24th Street;  13-15 West 27th Street; 19-21 West 24th Street; and 45-47 West 27th Street. The buildings were part of the portfolio owned until recently by Michael and Frank Ring. The Wall Street Journal, New York Law Journal and The Real Deal reported on the deal.

Media Mentions/News

Lectures/Seminars

  • Speaker, Commercial Real Estate After the Great Recession, Fordham's Business Law Practitioners Series, Spring 2012
  • Presenter, Real Estate for Corporate Counsel, New York State Bar Association's Corporate Counsel Institute, October 11-12, 2007

  • Lecturer, Pre-Contract Due Diligence on Commercial Real Estate Transactions, American Land Institute for Continuing Education, 2007
  • Lecturer, Real Estate Investment Trusts, Stephen Newman Real Estate Institute of Baruch College, 2000
  • Lecturer, Continuing Legal Education courses in Limited Liability Companies and Residential Real Estate, Fordham Law School, 1995-1999

Publications

Press Releases

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