Lateral Associate - Corporate: Real Estate (New York)

New York, New York

Associate - Lateral

Legal - Attorney

Sullivan & Cromwell is seeking experienced associates to join the Firm's General Practice (corporate) – Real Estate Group in the New York office. Ideal candidates should have at least three years of experience working in the Real Estate practice at a comparable law firm.

This is an opportunity for experienced lawyers, and as such, current law students are not eligible for consideration for this role.

About the Real Estate Group:

Leading developers, operators and investors turn to S&C’s Real Estate Group for a wide array of real estate transactions. We bring our depth of experience, practical business judgment and premium dedication to client service to all of our real estate representations.

We have extensive experience advising clients across a variety of complicated transactions, including:

Property Acquisitions, Dispositions and Ground Leases

S&C represents buyers and sellers in large portfolio transactions, competitive auctions, highly conditional acquisitions and a number of other acquisition and disposition transactions. We also represent parties in critical ground lease transactions.

Debt Financing and Loan Investment Transactions

We regularly counsel borrowers and lenders on their most significant debt financing transactions and restructurings. We have advised on numerous financing transactions, including construction financings, mortgage-backed securitized loans, debt secured by ground leasehold interests, mezzanine and preferred equity transactions and loans to operating real estate businesses.

S&C also represents investors in the purchase and sale of distressed real estate debt as well as of large portfolios of loans secured by interests in real estate.

Digital Infrastructure & Data Centers

S&C advises developers, investors, lenders and technology companies on a broad range of digital infrastructure transactions, including acquisitions, development, financing, leasing, colocation arrangements, strategic investments and joint ventures involving data centers and AI compute infrastructure.

Joint Ventures and Funds

Clients turn to S&C for a variety of real estate partnerships, joint ventures and other equity arrangements. We represent leading real estate sponsors and investors in connection with the formation of funds, separate managed accounts and joint ventures for all real estate classes and in transactions that involve sophisticated investors from around the world.

Mergers & Acquisitions of Real Estate Businesses

S&C regularly represents major private and public real estate operating businesses on mergers, spin-offs and other business transactions. Our tightly integrated team of M&A and real estate attorneys deploy the full range of the Firm’s capabilities to provide clients with unified best-in-class advice on these multi-faceted transactions.

Many of our sports and entertainment clients rely on us to guide them through their most important real estate transactions. We regularly represent clients on arena, stadium and theater acquisitions, sales, developments and debt financing matters. We have also helped several professional teams establish joint ventures to develop mixed-use real estate projects on land surrounding their home venues. Our real estate group understands the league rules and other unique considerations of the sports and entertainment industry and is adept at developing solutions that take them into account.

The associate base salary is tied to assigned associate class year. The standard scale is included below.

Class of 2026: $235,000

Class of 2025: $235,000

Class of 2024: $245,000

Class of 2023: $270,000

Class of 2022: $320,000

Class of 2021: $385,000

Class of 2020: $410,000

Class of 2019: $440,000

Class of 2018: $455,000

Class of 2017: $455,000

It is the Firm’s policy to provide equal employment opportunities to all applicants and employees. The Firm does not unlawfully discriminate on the basis of actual or perceived race, color, religion, national origin, ancestry, citizenship, disability, sex (including pregnancy, childbirth, lactation or a related medical condition), age, marital status, sexual orientation, gender identity or expression, genetic information, past, current or prospective military service, protected hairstyles or on any other basis prohibited by applicable law.

The Firm will make reasonable accommodations to eligible individuals with known disabilities, known limitations related to pregnancy, childbirth or related medical conditions, or for religious observance, to the extent required by applicable federal, state and local laws and regulations.