Gasthalter & Co. guided Bow Street as the investment firm notched a proxy fight win at Mack-Cali Realty Corp, New York Stock Exchange-listed real estate investment trust.
Mack-Cali on June 11 announced an agreement with Bow Street, calling for a reconstituted board of directors. That revamped board will include eight nominees from Bow Street and from one Mack-Cali.
The postponed annual meeting, which had been slated for June 10, will now be held on July 1.
Bow Street's win follows its success at the 2019 annual meeting at which four of its nominees were elected to Mack-Cali's board.
Akiva Katz, managing partner of Bow Street, said, "William Mack, Alan Bernikow and Michael DeMarco have assembled a world-class suite of assets, and I look forward to working collaboratively with management and my fellow elected directors to unlock value for all stakeholders in the years to come."
Headquartered in Jersey City, Mack-Cali develops waterfront and transit-oriented markets facilities throughout the northeast, including Harborside, a master-planned destination comprised of class A office buildings, luxury apartments, diverse retail and restaurants, and public spaces across the Hudson River from Manhattan.
Jonathan Gasthalter, managing partner; Amanda Klein, senior VP; Grace Cartwright, associate; and Marina Rubio, junior associate, handled the Bow Street effort.
Joele Frank, Wilkinson Brimmer Katcher's Viveca Tress and Lucas Pers represented Mack-Cali.