WatermanCLARK Appoints Jennifer McCool as Chief Operating Officer

WatermanCLARK, LLC ("Company"), a privately-held commercial real estate investment and operating company, today announced the appointment of industry veteran Jennifer McCool as Chief Operating Officer (COO).

Prior to joining the Company, McCool spent over 13 years with Related Companies, where she served in various leadership roles, most recently as Executive Vice President and Chief Legal Officer where she was involved in numerous large-scale transformative developments and transactions and helped launch new strategic business platforms. Prior to Related, she spent over 6 years at Schulte Roth and Zabel, LLP, one of New York's most respected law firms.

Co-Managing Partners, Philip Waterman III and Ric Clark said, "We are thrilled to welcome Jen to WatermanCLARK. In addition to her extensive legal background and over 20 years' experience in the real estate industry, Jen has led teams that were responsible for all transactional aspects of leasing, capital raising, financings, joint ventures, and acquisitions and will be a strong addition to our leadership team and valuable resource as we grow the Company."

"I am excited to join an outstanding team of professionals led by two of the most talented and creative executives in real estate. I look forward to leveraging my experience and expertise to add value to the platform as a member of the WatermanCLARK team," said Ms. McCool.

About WatermanCLARK:

Two of the real estate industry's most experienced executives, Ric Clark and Philip Waterman III, have combined forces as WatermanCLARK, a vertically integrated real estate investment and operating company. Prior to WatermanCLARK, Ric Clark spent over three decades with Brookfield Property Group (the real estate arm of Brookfield Asset Management) and its affiliates in various roles including Chairman and CEO. Philip Waterman III founded Waterman Interests, LLC in 2007 which has acquired and operated office and retail assets in New York City including 130 Prince Street, 234 West 39^th Street, 142 West 36^th Street, 400 Park Avenue, 390 Park Avenue, and 125 West 55^th Street, among others. Prior to founding Waterman Interests, from 1987-1999 he was a senior executive at Tishman Speyer and served on the Management Committee. In 1999, Mr. Waterman joined Reckson Associates Realty Corp. RA to establish its New York City office and had responsibility for that division until the Company was sold to SL Green Realty Corp. in 2007.

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