Stroock Hosts Forum on Impact of Professional Sports with Randy Levine and Jonathan Tisch

  Stroock Hosts Forum on Impact of Professional Sports with Randy Levine and
                                Jonathan Tisch

PR Newswire

NEW YORK, Nov. 19, 2013

NEW YORK, Nov. 19, 2013 /PRNewswire/ --Stroock & Stroock & Lavan LLP
presented "The Impact of Professional Sports on New York's Economy," a forum
with Randy L. Levine, President of the New York Yankees, and Jonathan M.
Tisch, Co-Chair of the 2014 Super Bowl Host Committee. The Government
Leadership Forum was held today at the law firm's New York offices.

Robert Abrams, former New York State Attorney General and Chair of Stroock's
Government Relations Practice, and Leonard Boxer, Chairman of Stroock's Real
Estate Practice, moderated the panel discussion. Ross F. Moskowitz, Stroock
partner and member of the firm's Executive Committee, opened the program.

"Professional sports are indelibly enmeshed in the fabric of New York City,
both historically and economically," said Abrams. "They are important engines
that attract tourists and unite the city across all walks of life."

Moskowitz noted that Stroock has long been involved in professional sports
complexes in New York, including Citi Field, Yankee Stadium, and the new
skating rink under construction in the Bronx.

Levine said, "It's amazing how many people's lives are affected by the Yankees
organization, which employs thousands of people who are hired on a diverse
basis. Three to four million people come to baseball games alone, and Yankee
Stadium is used every day of the year."

He added, "The Yankees are a social institution. We have a social
responsibility to help the community and we lead by example."

Levine is also Senior Counsel of the law firm Akin Gump Strauss Hauer & Feld
LLP and was a principal founder of the YES Network. Before joining the
Yankees, he served as New York City's Deputy Mayor for Economic Development,
Planning and Administration, and as New York City's Labor Commissioner.

Tisch described the collaboration between the Jets and the Giants to build and
share their new MetLife Stadium, and similarly among the many city and state
entities in New York and New Jersey to host the 2014 Super Bowl.

"This is the first time a Super Bowl has been hosted by two teams in two
states," he said. "The event will contribute an economic impact of $550
million to New York and New Jersey, and its legacy will live on long after the
closing of the game."

Tisch is Co-Chairman of the Board and a member of the Office of the President
of Loews Corporation, one of the largest diversified financial holding
companies in the U.S. Additionally, he is Chairman of its subsidiary, Loews
Hotels & Resorts. He is Co-Owner of the New York Football Giants and the host
of the Emmy-nominated television series, Beyond the Boardroom with Jonathan
Tisch.

Today's event was the 16th in a series hosted by Stroock & Stroock & Lavan
LLP. Previous participants included New York State Attorney General Eric
Schneiderman; Manhattan DA Cyrus Vance Jr.; Congressman Jerrold Nadler; and
Patrick J. Foye, Executive Director of the Port Authority of New York and New
Jersey. Most recent guests were Kyle Kimball, President of the New York City
Economic Development Corporation, Daniel R. Tishman, Chairman and CEO of
Tishman Construction Corporation, and Christopher O. Ward, EVP of Dragados
USA.

The forum was sponsored by Stroock's Government Relations group, which is
comprised of former prosecutors, judges, and government agency officials. The
practice is led by Abrams, who also served as President of the National
Association of Attorneys General, Executive Chair of New York State Attorney
General Andrew Cuomo's Transition Committee and Honorary Co-Chair of Attorney
General Schneiderman's Transition Committee.

SOURCE Stroock & Stroock & Lavan LLP

Contact: Robin Wagge, (O) 212 843 8006, rwagge@rubenstein.com