Donald H. ElliotT
Counsel Emeritus (Admitted to practice in New York)
About Donald Elliott
Donald H. Elliott is nationally recognized as a realistic and creative thinker who has crafted land use regulations to achieve desirable private investment while protecting public values. While Chairman of the NYC Planning Commission for six years, he was responsible for many important and far-reaching zoning innovations which have influenced land use regulation across the country. His experience includes a wide variety of regulatory matters, including environmental reviews and proceedings before the New York City Landmarks Preservation Commission.
Don has served as counsel to The Trust for Cultural Resources of The City of New York since its creation as a public benefit corporation in 1976. The Trust is a conduit issuer of tax-exempt debt for the benefit of museums, performing arts facilities and other cultural institutions. The Trust has issued debt for the benefit of more than twenty eligible institutions, including The Museum of Modern Art, the American Museum of Natural History, The Metropolitan Museum of Art, and The Juilliard School.
Don has represented lenders in complex real estate and mortgage lending transactions for amounts ranging up to $500 million. He has also represented lenders in loan restructurings and bankruptcy proceedings, including one of the most complex real estate restructurings of the 1990’s, when he and Anne Rabbino represented the largest secured lender in the U.S. bankruptcy of Olympia & York. Their client was also a substantial unsecured creditor in the Canadian proceedings, and they were active in resolving governance issues during the bankruptcy proceedings.
Don has served on many boards of directors, including KeySpan Corporation, which was formerly Brooklyn Union Gas, and Independence Community Bank. He served for twenty years on the board of WNET and for ten years on the board of the Metropolitan Transportation Authority. He is an honorary member of the New York Chapter of the American Institute of Architects. Don was awarded the medal of honor by the Municipal Art Society and has been chairman of the New York Urban Coalition, Inc. and of Long Island University. He currently serves on the boards of the Brooklyn Community Foundation and The Noguchi Museum.