Patrick O’Sullivan is a partner in Herrick's Real Estate Department.
Patrick represents owners, developers, investors, governmental entities and not-for-profit institutions on a range of real estate matters with a focus on development issues, particularly those that arise in public-private transactions. He has represented clients on a range of complex transactions for properties across the U.S., including acquisitions and dispositions, large-scale developments, joint ventures, construction projects, ground leases, and public and private financings.
Patrick also navigates clients through the multi-step process of applying for and utilizing tax incentive programs at the local and federal level. He advises clients on the tax incentives available for investors in Qualified Opportunity Zones and on how to structure those investments given the evolving regulatory framework.
Patrick is a former Executive Vice President and Head of the Real Estate Transactions Group at the New York City Economic Development Corporation (NYCEDC). While at NYCEDC, Patrick worked with leading real estate developers to successfully executing complex public-private transactions throughout the City.
He led New York City’s acquisition of Brooklyn Bridge Park and Governors Island from New York State, and subsequently oversaw the negotiations for two Brooklyn Bridge Park development sites. He also directed the City’s negotiations for New York University’s applied sciences school in Downtown Brooklyn. During his time at NYCEDC, Patrick worked closely with the New York City Industrial Development Agency, the Empire State Development Corporation, the Port Authority of New York and New Jersey, the Metropolitan Transportation Authority, and other agencies.
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