Gary M. Meltzer chairs Meltzer Lippe’s Real Estate Practice Group. His national commercial transactional practice has an emphasis on selling, buying, leasing and finance, and all aspects of commercial real estate acquisitions and dispositions. He represents shopping center owners, multi-family developments, office buildings, golf courses, residential communities, and industrial and warehouse developments. Gary works with lenders and borrowers in all facets of real estate lending and borrowing, including multi-state portfolio financings.
How did you get involved in the real estate industry?
My interest was piqued by the concept of percentage rent. I was drawn to business and law, and percentage rent demonstrated how business creativity, foresight and the best tenant mix, stores and products could maximize revenue for shopping center owners. I decided to use my skills to practice real estate law. I started working in Manhattan at Weil, Gotshal & Manges LLP’s Real Estate practice. My practice now includes transactional real estate of all types.
What’s the best thing about working in Long Island real estate?
Our practice is national; in the past year we represented clients in significant sales/purchases in Florida, the State of Washington, New Mexico, Colorado, Minnesota, Oklahoma, and Tennessee, among other states. We can charge significantly lower rates than our NYC competitors and our Long Island base allows us to easily visit sites to facilitate deals and attend groundbreakings. Representing the buyer or seller, notable transactions include Long Beach Superblock, the Sunrise Mall; 666 Old Country Rd, Garden City; and Dealertrack, New Hyde Park.
What’s your favorite area of Long Island?
The Hamptons is a special place. I enjoy the pleasure of working on and playing a role in many large deals/transactions for very well-known, ultra-high net worth individuals.