Professor of Law
Director, Graduate Real Estate Program
Director, LL.M. in American Business Law
Marshall Tracht is the founder and Director of the LL.M. Programs in Real Estate and in American Business Law. His current courses include Real Estate Transactions and Finance; Bankruptcy; Workouts, Foreclosures and Bankruptcy; and Introduction to American Law. He was a tenured faculty member at the Hofstra University School of Law, where he served as Vice Dean from 2001 to 2006, before joining NYLS in 2008.
Professor Tracht is the author of Construction and Development Financing (3d ed. 2001) (with Alvin Arnold) and Land Transfer & Finance: Cases and Materials (6th ed. 2011) (with Quintin Johnstone and Curtis Berger). He is a member of the editorial board of The Banking Law Journal, a contributing editor to the Real Estate Law Report, and has written extensively in the areas of real estate development and construction financing, workouts, and bankruptcy. His articles have appeared in the Cornell Law Review and Vanderbilt Law Review, among others, and is a recipient of the Grant Gilmore Award for excellence in legal scholarship in the commercial law field.
Professor Tracht has an ongoing interest in innovation in legal education, including on-line instruction, assessment practices and skills training for transactional practice. "Traditionally, law schools have focused on litigation and regulation, not the business knowledge and the negotiation and counseling skills needed by transactional lawyers," he says. "That's what we're changing." He has participated in numerous accreditation and site visits on behalf of the ABA and the Association of American Law Schools, is a former Chair of the AALS Section on Post-Graduate Legal Education, and he is currently working with a committee of the ABA Section on Legal Education on a report on recent developments in law school curricula.
Before going into academia, Professor Tracht practiced in the real estate and bankruptcy groups at Arnold & Porter LLP in Washington, D.C., and clerked for the Honorable S. Martin Teel, Jr., of the U.S. Bankruptcy Court for the District of Columbia. He holds his J.D. and M.B.A. degrees from the University of Pennsylvania School of Law and The Wharton School, and his B.A. from Yale University.
Yale University, B.A. 1983 cum laude
University of Pennsylvania, J.D., 1990 magna cum laude, Order of the Coif; M.B.A., 1990 with distinction
Law Clerk, Hon. Martin Teel Jr., United States Bankruptcy Court for the District of Columbia.