Trinity Place Holdings, Inc. (OTC:TPHS) announced today that Keith M.
Pattiz has joined its board of directors replacing Alan Miller, the
independent director who has decided not to seek reelection to the board.
Mr. Miller, a leading lawyer in bankruptcy and restructuring and a
retired Senior Partner of Weil, Gotshal & Manges, LLP, has served on the
board since December of 2012 as the independent director.
Alexander Matina, a director of Trinity Place Holdings and Vice
President of Investments for MFP Investors, a significant shareholder of
the company, stated: “We cannot be more pleased that Keith has agreed to
join our board and lend his considerable talents and expertise in
helping guide our company. His vast real estate experience and
understanding of the business can only be of tremendous value to Trinity
and we all look forward to working with him.”
Regarding Mr. Miller’s departure, Matina stated: “I also want to thank
Alan for his service and significant contributions over the last year as
Trinity navigated its emergence from Chapter 11. His significant
contributions have well positioned our company and will allow us to take
Trinity into a new and exciting future.”
Matthew Messinger, Trinity’s President & CEO stated: “This is truly an
exciting day for us as the addition of Keith to our board adds
tremendous depth of knowledge and experience that we can draw from as we
look to take Trinity into a new phase of growth and add value for our
Keith M. Pattiz
Keith M. Pattiz, 61, is a partner in the law firm of McDermott Will &
Emery LLP where heads the firm’s New York office and Real Estate Group.
He has extensive experience in the areas of commercial leasing,
financing, sales and acquisitions, hotel transactions and real estate
workout matters. Clients have included major residential, office, hotel
and shopping center developers, lending institutions, and foreign and
U.S. investors. A member of the Real Estate Board of New York, Keith has
served as a member of its Arbitration Board. He is also a member of the
Association of the Bar of the City of New York, and served on the Real
Property Committee from 1992 to 1995. He holds a J.D. from New York
University School of Law and a B.A. from the University of Wisconsin. He
is admitted to the federal bar and the bar of the State of New York.
About Trinity Place Holdings, Inc.
Trinity currently has significant real estate holdings in six states,
including New York and New Jersey, and a variety of consumer-sector
intellectual property rights. Trinity’s assets include real estate
holdings in markets such as Westbury, New York, Paramus and Secaucus,
New Jersey, West Palm Beach, Florida, and “Trinity Place,” one of lower
Manhattan’s premier development sites. In addition, Trinity has other
assets such as intellectual property – including rights related to the
Filene's Basement trademark. It is currently traded OTC under the symbol
TPHS. Its current assets are the legacy of certain Syms Corp. and
Filene’s Basement holdings as a result of those companies having emerged
from Chapter 11 bankruptcy under a plan of reorganization in September
Forward Looking Statements
Certain statements contained in this press release are “forward-looking”
statements involving risks and uncertainties that may cause actual
future events or results to differ materially from those described in
the forward-looking statements. Words such as “expects,” “intends,”
“anticipates,” “should,” “believes,” “will,” “plans,” “estimates,”
“may,” variations of such words and similar expressions, are intended to
identify such forward-looking statements. The company disclaims any
intention or obligation to revise any forward-looking statements whether
as a result of new information, future developments, or otherwise.
Additional information concerning factors that could cause actual future
events and results to differ materially from those described in the
forward-looking statements is contained from time to time in documents
filed by the company with the Securities and Exchange Commission.
Copyright Business Wire 2013