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Rachel C. Baranello

Member

She/Her/Hers
rbaranello@harrisbeachmurtha.com
D: (585) 419-8769  
- Rochester, NY Office
- White Plains, NY Office
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Rachel Baranello
Profile
Representative Matters
Resources
Distinctions

Rachel counsels Industrial Development Agencies and Local Development Corporations as they administer financial incentive programs designed to help build New York’s economy. She has extensive experience in connection with straight-lease, tax-exempt and taxable bond financings for 501(c)(3) not-for-profit organizations, manufacturing companies, multifamily housing projects and other qualifying projects; and in real estate and related transactions, including PILOT increment financings. By guiding private-sector clients through tax-exempt incentives, she supports projects that provide employment growth to communities and new business opportunities to borrowers.

Rachel is a member of our Municipalities and Local Agencies Industry Team comprised of about 30 attorneys who provide counsel to municipal and agency clients across New York in areas such as general municipal, environmental, energy, land use and zoning, cybersecurity and other areas of law.

  • Represented an underwriter in connection with the issuance of $110,000,000 of bonds used to fund the construction of public infrastructure improvements to support the development of an integrated lifestyle resort consisting of the construction and equipping of a (i) casino, a hotel and an entertainment complex, (ii) facility with multiple restaurants, entertainment options and resort-style retail space, (iii) guest lodge accommodations and an indoor waterpark and (iv) the redesign and improvement of an existing golf course. The structure of this financing was unique to New York and developed by our firm.
  • Acted as Bond Counsel to a Local Development Corporation issuing $20,000,000 of bonds used to finance a wastewater treatment plant to service existing and new homes in a New York municipality. The structure of this financing was unique to New York and developed by our firm.
  • Acted as Bond Counsel to an Industrial Development Agency on multiple transactions where the Industrial Development Agency issued bonds to finance the construction of several affordable housing projects.
  • Represented an underwriter in a public offering of approximately $50,000,000 of bonds used to fund a Continuing Care Retirement Community’s refinancing of existing indebtedness and the construction and equipping of additional improvements to its facility.
Insights
News
August 20, 2026

123 Harris Beach Murtha Lawyers Recognized as 2027 Best Lawyers® Award Recipients; 10 Earn “Lawyer of the Year” Recognition

Best Lawyers honorees are selected through a peer-review process evaluating professional excellence within specific practice areas and geogr
August 21, 2025

More Than 100 Harris Beach Murtha Lawyers Recognized as 2026 Best Lawyers® Award Recipients; 11 Earn “Lawyer of the Year” Recognition

Best Lawyers provides trusted, peer-reviewed recognition of top legal professionals, helping clients find credible, experienced counsel.
March 27, 2025

Members of Harris Beach Murtha’s Management Committee Reflect on Women’s History Month

In honor of Women’s History Month, we invited the women members of the firm’s Management Committee to reflect on their role models in law.
September 9, 2022

Partner Rachel Baranello Named to Rochester Forty Under 40

The Rochester Business Journal has selected Harris Beach Partner Rachel Baranello of our Public Finance and Economic Development group as on
Events

Rachel Baranello to Open Greater Rochester Chamber of Commerce TRENDS Webinar

June 20, 2023
Partner Rachel Baranello will give opening remarks for the June 20th Greater Rochester Chamber’s Rochester TRENDS webinar.

Rachel Baranello Moderating NYSEDC Economic Development Conference Session

March 1, 2023
Harris Beach sponsoring 2023 New York State Economic Development Council’s Economic Development Conference

COVID-19 Aid for Small Businesses: What You Need to Know Webinar

April 6, 2020
Small businesses are eager to understand the details of the federal CARES Act and how to build a strategy for protecting their businesses an
External Publications

Professional and Civic

  • YMCA of Greater Rochester, board member
  • Italian Heritage Foundation of Rochester, board member
  • National Association of Bond Lawyers, member

Recognition

  • Best Lawyers, Economic Development Law, since 2023
  • Best Lawyers, Public Finance Law, since 2025
Admissions
New York
Education

Syracuse University College of Law

JD 
2011
magna cum laude

Nazareth College

BA 
2008
cum laude

Capabilities

Legal Practices

Member of:

Public Finance and Economic Development

Industry Teams

Member of:

Municipalities and Local Agencies
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Rachel Baranello

Rachel C. Baranello

Member

rbaranello@harrisbeachmurtha.com
Capabilities
People
Harris Beach Murtha Attorneys at Law
Rachel Baranello

Rachel C. Baranello

rbaranello@harrisbeachmurtha.com
D: (585) 419-8769
Rochester, NY Office
White Plains, NY Office

Profile

Rachel counsels Industrial Development Agencies and Local Development Corporations as they administer financial incentive programs designed to help build New York’s economy. She has extensive experience in connection with straight-lease, tax-exempt and taxable bond financings for 501(c)(3) not-for-profit organizations, manufacturing companies, multifamily housing projects and other qualifying projects; and in real estate and related transactions, including PILOT increment financings. By guiding private-sector clients through tax-exempt incentives, she supports projects that provide employment growth to communities and new business opportunities to borrowers.

Rachel is a member of our Municipalities and Local Agencies Industry Team comprised of about 30 attorneys who provide counsel to municipal and agency clients across New York in areas such as general municipal, environmental, energy, land use and zoning, cybersecurity and other areas of law.

Areas of Expertise

Legal Practices

Member of:

Public Finance and Economic Development

Industry Teams

Member of:

Municipalities and Local Agencies

Focuses

Please select listing to show.

Admissions

New York

Representative Matters

  • Represented an underwriter in connection with the issuance of $110,000,000 of bonds used to fund the construction of public infrastructure improvements to support the development of an integrated lifestyle resort consisting of the construction and equipping of a (i) casino, a hotel and an entertainment complex, (ii) facility with multiple restaurants, entertainment options and resort-style retail space, (iii) guest lodge accommodations and an indoor waterpark and (iv) the redesign and improvement of an existing golf course. The structure of this financing was unique to New York and developed by our firm.
  • Acted as Bond Counsel to a Local Development Corporation issuing $20,000,000 of bonds used to finance a wastewater treatment plant to service existing and new homes in a New York municipality. The structure of this financing was unique to New York and developed by our firm.
  • Acted as Bond Counsel to an Industrial Development Agency on multiple transactions where the Industrial Development Agency issued bonds to finance the construction of several affordable housing projects.
  • Represented an underwriter in a public offering of approximately $50,000,000 of bonds used to fund a Continuing Care Retirement Community’s refinancing of existing indebtedness and the construction and equipping of additional improvements to its facility.

Distinctions

Professional and Civic

  • YMCA of Greater Rochester, board member
  • Italian Heritage Foundation of Rochester, board member
  • National Association of Bond Lawyers, member

Recognition

  • Best Lawyers, Economic Development Law, since 2023
  • Best Lawyers, Public Finance Law, since 2025
Attorney Advertising. Prior results do not guarantee a similar outcome. © 2026 Harris Beach Murtha Cullina PLLC
Content current as of October 13, 2026 2:41 am