James M. Carolan

Steptoe & Johnson LLP

James M. Carolan has nearly 30 years of experience advising investors on their real estate acquisition, development, financing, leasing, disposition, and regulatory needs. His clients include high net worth individuals and family offices, investors and investment funds, developers, major corporations, art galleries, luxury retailers, restauranteurs, universities and other tax-exempt organizations and their endowments.

Jim has handled acquisitions and sales of single assets and portfolios, ground leases, space leases for office, retail, warehouse and other uses, asset-based and mezzanine financings, development and investment joint ventures, construction and design arrangements, and complex easements for conservation, utilities, construction, and access.

In addition to his extensive commercial experience, Jim has handled over $1 billion in luxury residential transactions in and outside the United States. He frequently advises high net worth individuals with substantial real estate holdings on intergenerational real estate ownership challenges, threats of partition, and uncooperative partners.

Jim’s experience includes previously leading the US real estate group of an international law firm for 10 years, where he worked extensively with high net worth clients and family offices. Before that, he served as associate general counsel to Yale University for 14 years, where he advised the central university and endowment on real estate investment, development, and general business matters.

Jim is a frequent lecturer and has taught on real estate law and practice at the Yale Law School, the Yale School of Forestry and Environmental Studies, NYU, Columbia, and Cornell. He has handled pro bono matters throughout his career, ranging from affordable housing issues to a child abuse action, to advice on the formation and governance of nonprofit organizations.

Fluent in Italian, Jim regularly advises Italian speaking clients on their US dealings, and assists foreign investors dealing with Italy. Jim also raises money for the maintenance of Italian monuments in his spare time.

Professional Affiliation:

  • New York, Connecticut, District of Columbia, and American Bar Associations
  • Real Property Committee, NYC Bar Association
  • President, Friends of FAI-The Italian Environment Foundation, Inc.
  • Honorary Trustee, The Saint Thomas More Corporation
  • Fellow, Timothy Dwight College, Yale University
  • Former Trustee, Saint Raphael Healthcare System


  • J.D., University of Connecticut School of Law, with honors
  • M.A., Stanford University
  • A.B., Cornell University


Rate : $$$

What types of cases Attorney James M. Carolan & Steptoe & Johnson LLP can handle?
Steptoe & Johnson LLP can handle cases related to laws concerning Corporate, Real Estate, Construction, Venture capital, Public & Tax Exempt Finance. We manually verify each attorney’s practice areas before approving their profiles and reviews on our website.
Where is Steptoe & Johnson LLP located?
Steptoe & Johnson LLP is located at 17, 1114 6th Ave, New York, NY 10036, USA. You can reach out to Steptoe & Johnson LLP using their phone line +1 212 506 3919. You can also check their website steptoe.com.
How much would it cost to hire Steptoe & Johnson LLP?
James M. Carolan lawyer charges are specific to each case. However, they work with contingency fees and its ranges from $$ to $$$. They also provide free consultation [and no obligation quotes] if you are interested to hire.
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Steptoe & Johnson LLP
6th Avenue 1114
New York 10036 NY US
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