Lawrence CohenPartner-in-Charge, Business Management and Family Office, Hospitality Group Leader
685 Third Avenue
New York, NY 10017
Lawrence Cohen, CPA, is the Partner-in-Charge of the Business Management and Family Office Group at Marks Paneth LLP. He also serves as the firm’s Hospitality Group Leader. He rejoined the firm in 2009 after having served for many years as the President and Chief Executive Officer of The Griffin Group, the private equity investment and management company of the late Merv Griffin that invested in a variety of industries including media, entertainment and hospitality.
In his role leading the Business Management and Family Office Group, Mr. Cohen draws on his deep experience running Merv Griffin’s Family Office as well as advising high-net-worth individuals, entrepreneurs, CEOs and CFOs on business strategy.
Mr. Cohen has strong roots in the hospitality industry. The Griffin Group and its affiliates owned and managed properties that ranged from high-end resorts to limited service properties. Mr. Cohen spearheaded all aspects of the business including acquisition, development and redevelopment, financing, management team hiring, supervision of operations and eventual sale. Today, Mr. Cohen’s practice includes a wide variety of hotels (independent and flagged), management companies, restaurants and vendors to the industry. Mr. Cohen’s practice includes clients throughout the United States, most particularly in New York, California, Florida, Illinois, Ohio, Texas and Washington.
Mr. Cohen’s practice includes several companies in the technology industry. He has also served on the Boards of several Software as a Service (SAS) companies. Mr. Cohen is also intimately familiar with the capital raising process having been involved, as either CPA, consultant, or principal, in transactions ranging from $250,000 venture capital funding to $1 billion casino transactions.
At Marks Paneth, Mr. Cohen also draws on his deep experience and serves certain clients as a business “coach.” Often, he will advise family offices, entrepreneurs, CEOs and CFOs on strategies to reposition their companies in the current business environment. In addition, Mr. Cohen has had business interests in the Los Angeles area for more than 25 years and shares responsibility for the firm’s operations on the West Coast.
Mr. Cohen’s first association with Marks Paneth began in the 1980s at Paneth, Haber & Zimmerman, a predecessor of today’s firm. He later joined The Coca-Cola Company as a financial executive in its entertainment division and was intimately involved in its spin-out as Columbia Pictures Entertainment, Inc., a NYSE-traded company. In 1988, Mr. Cohen left The Coca-Cola Company to serve as the Chief Financial Officer of The Griffin Group. He became the company’s Chief Executive Officer in 1997. He has also served on the boards and audit committees of both privately held and publicly traded entities and was an Executive Producer of the DVD retrospective of The Merv Griffin Show.
Mr. Cohen has a passion for addressing children’s needs. He has served on the Arizona steering committee of Childhelp USA, an institution dedicated to abused children. He has also been instrumental in the formation of a treatment center for children and young adults afflicted with autism in New York and serves on the Board of Directors of the Ascent School for Individuals with Autism on Long Island.
A certified public accountant for more than 30 years, Mr. Cohen holds a Bachelor of Arts degree, cum laude in Economics and Accounting from Queens College of The City University of New York. He resides in Great Neck, New York and divides his business time between the West Coast and Marks Paneth’s midtown Manhattan headquarters.
Queens College, The City University of New York
Bachelor of Arts, cum laude
Major: Economics and Accounting
American Institute of Certified Public Accountants
New York State Society of Certified Public Accountants
Ascent School for Individuals With Autism
Temple Beth-El, Great Neck
High-Net-Worth Individuals, Entrepreneurs, Entertainers and Athletes Hospitality Theater, Media and Entertainment Real Estate Retail Mergers and Acquisitions Workout Services Financing Operational Management High-Net-Worth Individuals