Harry O. Cook

Puerto Rico

McConnell Valdés LLC
270 Muñoz Rivera Avenue
Hato Rey
Puerto Rico 00918

Tel: 787.250.5620

Email: hoc@mcvpr.com
Web: www.mcvpr.com

Mr. Cook is known for his practical problem solving approach to complex real estate and financing matters. Throughout his career he has worked on a number of transactions requiring novel solutions, many of which have become industry standards.

Over the years he has been involved in all aspects of real estate including: resort development, structuring of acquisitions, the permitting process at the federal and local level, structuring real estate joint ventures, planning timeshare, condominium, single-family and lot development programs, creation of protective covenants for resort communities, financing for acquisitions and construction, including AFICA bond offerings, and preparation and negotiation of construction contracts.

He has worked on conceptualizing and drafting a number of laws and regulations dealing with incentives for the development of the Tourism industry such as the The Tourism Industry Support Act of 2016, the Puerto Rico Development Act of 1993, the Timeshare and Vacation Club Act of 1988 and the Tourism Development Act of 2010. He also had a major role on the conceptualization and drafting of the Puerto Rico Film Incentive Act.

Mr. Cook is ranked as one of Puerto Rico’s Leading Attorneys in the Real Estate field by the renowned international publication Chambers & Partners in both its Global and its Latin America Guides. He is also ranked as a leading attorney by the IFLR1000, an international guide to the world’s leading financial and corporate law firms. Mr. Cook is also ranked in the Real Estate Law field of The Best Lawyers in Puerto Rico guide.

He is the Chairman of the Raiders Baseball Academy, a non-profit organization that develops junior players to play collegiate baseball in the USA.

Our Real Estate & Finance Practice group is highly experienced in the full range of real estate services. Top-ranked by Chambers & Partners Latin America, clients praise us for our ability to handle “some of the most sophisticated work in the real estate area.”

We not only understand real estate law, we write it. Team partners participated in the drafting of the Puerto Rico Tourism Act of 1993 and the Puerto Rico Tourism Development Act of 2010, which paved the way for the development of new hotels on the island and allowed existing hotels to expand their operations. Most recently, the group helped conceptualize and draft the Tourism Industry Support Act of 2016. Team partners also participated in the drafting of the Timeshare and Vacation Act, the Vacations Home Act, the Condohotel Act and the Film Industry Act, among others.

Our team’s track record in hotel and resort development is unmatched: we have participated in the development and financing of all of the recent major hotel and resort projects in Puerto Rico, as well as in the island’s first significant time-share program. We are in the vanguard of virtually every tourism and large-scale hotel development in Puerto Rico – no small accomplishment in an island that’s one of the most popular tourist destinations in the Caribbean. Our model for major real estate transactions which combines tax, investment and financing incentives available has becomes the standard for tourism development in Puerto Rico.

In addition to our hospitality projects, we are highly experienced in handling complex real estate transactions involving the sale and leasing of energy and medical facilities, aviation and retail projects, and large-scale commercial and residential developments.

McConnell Valdés LLC, founded in 1946, is one of the largest Hispanic-owned law firms in the world. With more than 100 attorneys, it is also the largest in Puerto Rico and the Caribbean. The Firm’s main office is located in San Juan, Puerto Rico. Our Washington, D.C. office focuses primarily on government affairs.

We are a full-service firm divided into six practice groups: Corporate; Environmental, Energy & Land Use; Labor & Employment; Litigation; Real Estate & Finance, and Tax. All our attorneys are fluent in Spanish and English, and many are licensed to practice in federal and state courts in Puerto Rico and various U.S. jurisdictions. Our clients include large local and multinational corporations, including many Fortune 500 companies, as well as individual investors and entrepreneurs.

McConnell Valdés has received various prestigious international awards singling the firm out for its outstanding performance, including the Puerto Rico Law Firm of the Year Award, presented by Chambers & Partners in 2012 and 2013 and 2016. Additionally, twenty seven of the Firm’s attorneys are recognized by Chambers & Partners as Leaders in their Field. We are active members of the Club de Abogados, the Federación Interamericana de Abogados (FIA) and Lex Mundi, a global association of independent law firms.

Highly respected practitioner Harry Cook is endorsed by clients, who describe him as“the best real estate lawyer at the firm.” Another observer goes on to add:“He is a great lawyer whose knowledge of the tourism industry is second to none.”
Chambers & Partners