PHILANTHROPY AND REBUILDING THE WORLD TRADE CENTER WITH LARRY SILVERSTEIN, CHAIRMAN OF SILVERSTEIN PROPERTIES

Larry A. Silverstein is the Chairman of Silverstein Properties, Inc., a Manhattan-based real estate development and investment firm that has developed, owned and managed 40 million square feet of office, residential, hotel and retail space. The firm currently has $10 billion worth of development activity underway and has been recognized as one of the “Best Places to Work in New York City” by Crain’s New York Business for eight years in a row.

In July 2001, Mr. Silverstein completed the largest real estate transaction in New York history when he signed a 99-year lease on the 10.6 million square feet World Trade Center for $3.25 billion, only to see it destroyed in terrorist attacks six weeks later on September 11, 2001. He has spent the last 22 years
rebuilding the office component of the World Trade Center site, a $30 billion project that will consume the balance of his working life.

In May 2006, Silverstein Properties opened 7 World Trade Center, the first office tower to be rebuilt at the site, and the first LEED-certified office building in New York City. The 52-story, 1.7 million square foot office tower is fully leased to an eclectic group of tenants. In November 2013, the company opened
4 World Trade Center, a 72-story 2.3 million square foot building designed by Fumihiko Maki. In June 2018, the company opened 3 World Trade Center, an 80-story, 2.5 million square foot building designed by Richard Rogers. The company is developing one other office tower on the WTC site – 2 World Trade Center, and one residential building – 5 World Trade Center.

Silverstein Properties recently completed and opened a Four Seasons hotel and private residences designed by Robert A. M. Stern in Lower Manhattan which, at 82-stories, is one of the tallest residential towers in New York. The company also completed and opened the largest Four Seasons resort in the
world at the Walt Disney World Resort in Orlando, Florida.

Mr. Silverstein owns and manages many successful and high-profile commercial and residential properties in New York City, including 120 Broadway, 120 Wall Street, 529 Fifth Avenue and 1177 Avenue of the Americas. Mr. Silverstein completed and opened Silver Towers, two 60-story residential towers at 600 West 42 nd Street, the companion to 1River Place, a 40-story, 921-unit tower which opened in 2000. The square block development houses over 2,200 families.

Mr. Silverstein is a member of the New York Bar and a Governor of the Real Estate Board of New York, having served as its Chairman. He has served as Chairman of the Realty Foundation of New York.
A 1952 graduate of New York University, Mr. Silverstein served as Vice Chairman of the NYU Board of Trustees, where he continues to serve as member of the Board of Trustees of the New York University Langone Medical Center. He is the Founder and Chairman emeritus of the advisory board of the NYU
Real Estate Institute. As a Professor of Real Estate, his “Silverstein Workshop” became one of the most attended and informative educational sources for learning real estate development and investment analysis.

Mr. Silverstein donates his time and resources to support many philanthropic endeavors. He has served as Chairman of the Board of UJA-Federation. He is a founding trustee of the Museum of Jewish Heritage in New York and has served as treasurer of National Jewish Health in Denver.

Mr. Silverstein contributes his time and resources to organizations that are dedicated to higher education
and medical research, meeting humanitarian needs and supporting the arts. Mr. Silverstein currently serves as a board member of the New York Philharmonic. He is a classical music enthusiast, a passionate yachtsman and a dedicated New Yorker. Larry and Klara Silverstein have been married for 67 years and have three children and one son-in-law, three of whom are executives at Silverstein Properties, and they also have eight grandchildren.

Bonnie Neuman is co-chair of Cadwalader’s Finance Group, head of the firm’s Real Estate Finance practice and a member of the firm’s Management Committee. She represents global investment banks, national and international financial institutions, investors and servicers in domestic and cross-border transactions, including the origination of mortgage and mezzanine loans, syndication, loan servicing, non-performing loan securitizations, loan restructuring and bankruptcy-related matters. Bonnie was recognized as a 2023 “Real Estate MVP” by Law360, which previously named her a 2022 “Hospitality MVP” and a three-time “Real Estate Rising Star,” and is recognized as a
leading real estate finance lawyer with “impressive experience in sophisticated real estate finance matters” by Chambers USA, with one source describing her as the “foremost expert lenders’ counsel” and as “incredibly commercial and creative.” Bonnie has also been
recognized as a leading real estate lawyer by The Best Lawyers in America, GlobeSt. Real Estate Forum, Lawdragon, Legal Media Group and Connect CRE, and was honored in 2022 as
one of Crain’s New York’s “Notable Women in Law” and “Notable Diverse Leaders in Law.” Bonnie’s experience includes the financing of a wide range of commercial properties, including hotels, commercial office buildings, shopping centers and recreational facilities ranging from single, trophy assets to multi-family assets, multi-use projects, and whole-company transactions, as well as transitional properties and development projects. In addition, she has experience in the drafting and negotiating of intercreditor arrangements and secondary market
sales of mortgage and mezzanine loans.

Bonnie is a member of the CREFC Women’s Network and serves as the Co-Chair of the Membership Committee. Bonnie is also a member of Cadwalader’s Women’s Leadership Initiative, serves as a Partner Mentor for summer associates, is involved in the firm’s on- and
off-campus recruiting efforts, and is a member of the firm’s hiring committee.

Bonnie received her J.D., cum laude, from Fordham University School of Law, where she was a notes and articles editor of the Fordham Urban Law Journal, and her B.S., magna cum laude, from Boston University. Bonnie is admitted to practice in the State of New York.

Ken Meyerson, a member of CBRE’s Consulting Division since August 1994, is a Vice Chairman and has been involved in the strategic planning, negotiation, and structuring of complex lease and sales transactions for a wide range of clients. As a member of
the Consulting Group's Operating Committee, Ken dedicates significant time and
resources to shaping the group's long-term strategic direction.
With a strong financial background and a deep understanding of the economic and
financial statement implications of complex real estate transactions, Ken has creatively
structured numerous transactions to accomplish a variety of goals on behalf of his
clients. His ability to understand the implications of a transaction for all parties enables
him to develop effective negotiating strategies to the advantage of his clients.
Ken’s professional experience includes considerable experience in real estate leasing
and ownership projects ranging from large corporate headquarters to standard office
leases. In his twenty-seven years with the company, he has been involved in a variety
of notable large transactions totaling in excess of 20 million sq. ft., including 900,000
for S&P Global at 55 Water Street, 500,000 sf for Societe Generale at 245 Park Avenue,
460,000 sf for L Brands at 1740 Broadway and 220,000 sf at 55 Water Street, 420,000
sf for MLB at 1271 Avenue of the Americas, 400,000 sf for 1199 National Benefit Funds
at 498 Seventh Avenue, 350,000 sf for Ann Inc. at Times Square Tower, 300,000 sf for
PJT Advisors and 280 Park Avenue, 295,000 sf for Warner Music Group at 1633
Broadway, 265,000 sf for Gap Inc at 55 Thomas Street, 250,000 sf for Ralph Lauren at
601 West 26th Street and another 130,000 sf at 650 Madison Avenue, 240,000 sf for
Colgate Palmolive at 300 Park Avenue, 187,000 sf for NY Blood Center in Rye, NY,
175,000 sf for Edelman PR at 250 Hudson Street, 160,000 sf for SPARC at 11 Penn
Plaza and 165,000 sf in Los Angeles, 150,000 sf for David Yurman at 24 Vestry Street,
140,000 sf for MLB Network in Secaucus, NJ, 100,000 sf for SNY at 4 World Trade
Center, among others as well as various deals over the last 10 years for long term
clients such as Express, Sirius/Pandora, L Brands, Ascena and others. Ken has also
been on the leasing team for the World Trade Center for the last 15 years where he
and the team have successfully leased all of 4 World Trade Center and 3 World Trade
Center to various companies such as Uber, McKinsey, GroupM, Spotify, Zurich RE,
Casper, Diageo, Hudson River Trading, Kelley Drye and others.