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New York Real Estate Giant Rudin Hires First-Ever Legal Chief

Jan. 6, 2022, 7:29 PM

Rudin Management Co., one of the largest commercial and residential landlords in New York City, has hired longtime legal adviser Andrew Migdon from its outside law firm to be the company’s first chief legal officer.

Migdon, a partner at Goldfarb & Fleece, joined Rudin as of Jan. 1, a company statement said. Andrew Migdon represented Rudin for 18 years, and his father, Sidney, also a partner at Goldfarb & Fleece, has done so for more than 35 years, according to the firm’s website.

“Our family has been extremely fortunate to have benefited from Andrew’s extraordinary expertise,” Eric Rudin, the company’s co-chairman and president, said in the statement. Rudin Management will benefit from Migdon’s “exclusive focus on our growing portfolio,” Rudin said.

Eric Rudin and William Rudin, a fellow co-chairman and chief executive officer, now lead privately held Rudin Management after family patriarch and former company chairman Jack Rudin died at age 92 in 2016. Eric is Jack Rudin’s son and William is his nephew. Their grandfather, the late Samuel Rudin, started the company in 1925.

The family’s real estate dynasty traces its roots to the purchase of a single New York property on East 54th Street in 1905. Today Rudin Management oversees 33 commercial and residential properties encompassing 15.2 million square feet, according to the company’s website.

Andew Migdon

Andrew Migdon handled acquisition, development, and leasing and finance work for Rudin Management since joining Goldfarb & Fleece in 2003.

He represented the company on the refinancing of a half-dozen notable commercial and residential buildings in Manhattan, as well as leases with tenants like BlackRock Inc., JPMorgan Chase & Co., the National Football League, and WeWork Inc.

Migdon also advised the company on the development of The Greenwich Lane, a luxury condominium built on the site of St. Vincent’s Hospital campus in Manhattan, and Dock 72, a high-tech office building in the Brooklyn Navy Yard.

The decision to bring Migdon in-house was part of a series of senior leadership appointments that began last summer, company spokesman Hudson Pitts said, adding that the move wasn’t related to any particular legal issues, some of which relate to the coronavirus pandemic.

Migdon is also now a director and counsel to several Rudin family nonprofits.

At Goldfarb & Fleece, Migdon was an assistant general counsel at Rudin Management. Sidney Migdon and fellow Goldfarb & Fleece partner Neal Weinstein have also served as general counsel and assistant general counsel, respectively, to the New York-based company.

All three current and former Goldfarb & Fleece lawyers have served on Rudin Management’s executive committee, Pitts said.

Before joining Goldfarb & Fleece nearly two decades ago, Migdon spent six years as a banking and structured finance associate at Simpson Thacher & Bartlett.

More Real Estate Moves

Migdon isn’t the only real estate lawyer trading law firm life for the in-house world.

  • WNC & Associates Inc., an Irvine, Calif.-based affordable housing investment firm, hired Nixon Peabody real estate partner Edward Campbell in Los Angeles last month as a senior vice president of legal affairs.
  • Samuels & Associates Inc., a Boston-based commercial real estate developer working on a $1.5 billion development in the city’s Fenway-Kenmore neighborhood, hired Goulston & Storrs associate Joseph Sheridan in November as its senior vice president of legal.
  • The Elia Group LLC, a Birmingham, Mich.-based real estate investment firm founded by Detroit developer Ziad Elia, hired Honigman partner Jonathan Block as its general counsel in October. Block co-chaired Honigman’s retail practice.
  • The Irvine Co. LLC, a real estate investment firm controlled by billionaire Donald Bren, named Sheppard, Mullin, Richter & Hampton special counsel Lydia Lake as an assistant general counsel for office and retail properties in October. Newport Beach, Calif.-based Irvine last year hired Jason Maxwell to be its general counsel.
  • Mark IV Capital Inc., another Newport Beach-based real estate investment company, also named a new legal chief last year in Robert Casey, a former senior finance counsel at Western Alliance Bancorporation. Legal recruitment firm Major, Lindsey & Africa brokered Casey’s move to Mark IV Capital.

To contact the reporter on this story: Brian Baxter in New York at bbaxter@bloomberglaw.com

To contact the editors responsible for this story: Chris Opfer at copfer@bloomberglaw.com; John Hughes at jhughes@bloombergindustry.com