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Fried, Frank, Harris, Shriver & Jacobson LLP

Work +1 212 859 8000
Fax +1 212 859 4000
Frankfurt, London, New York, Washington DC

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Valerie Kelly

Work 202 639 7280
Fried, Frank, Harris, Shriver & Jacobson LLP

Work Department

Real Estate; Leasing; Acquisitions; Dispositions; Financings; Joint Ventures


Represents prominent private and public commercial real estate investors and developers, office and retail tenants, investment funds, banks and other financial institutions in a broad range of real estate transactions. She advises her clients on all aspects of commercial real estate with a particular emphasis on large commercial leases for both landlords and tenants.  Ms. Kelly also has worked extensively on acquisitions and dispositions of office buildings, apartment complexes and hotels, as well as joint ventures and real estate lending.


Real estate partner in Fried Frank's Washington, DC office. She joined the Firm in 2007 and became partner in 2017.


Ms. Kelly received her JD from the University of Chicago Law School in 2007, where she was a Tony Patino Fellow and a Hinton Moot Court Semi-Finalist. She received her BA from the University of Florida, magna cum laude in 2004, where she was a member of the Phi Beta Kappa society.  She is admitted to practice in the District of Columbia and Florida.

United States

Real estate

Within: Next generation lawyers

Valerie Kelly - Fried, Frank, Harris, Shriver & Jacobson LLP

Within: Real estate

Fried, Frank, Harris, Shriver & Jacobson LLP’s ‘heavyweight’ practice has recently advised on numerous acquisitions and disposals of assets, mortgage and construction financings, joint ventures and leasing matters in the New York area. The team also has a strong national reach and, with the support of its Washington DC office, regularly handles single-asset and portfolio transactions across the US. Notable recent work included representing The Related Companies and BlackRock in various matters related to the development of Hudson Yards, a $20bn development project in New York City; acting for Brookfield Property Partners regarding its various leases in the Manhattan West development to the National Hockey League, McKool Smith and Accenture; and advising Paramount Group on its joint venture with Singaporean sovereign wealth fund GIC. Leading figures include Jonathan Mechanic, a ‘go-to lawyer in the New York-based development space’, who advises a range of developers, investors and lenders on commercial real estate transactions, and counsel Stephen Lefkowitz, who focuses on land use, zoning and large-scale project structuring. Tal Golomb and Robert Sorin are also names to note, and recently acted for The Related Companies and Vornado Realty Trust in the $1.6bn redevelopment of Penn Station. Recently-promoted partner Valerie Kelly is a key figure in Washington DC, handling large commercial leases on behalf of landlords and tenants. Matthew Parrott joined in 2017 is a co-chair of the firm’s real estate litigation practice.

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