News: Brokerage

Handler R.E. Org. names Farley EVP, COO

Handler Real Estate Organization, a boutique, full-service real estate company, has made a key strategic hire by naming 30-year real estate veteran Richard Farley executive vice president and chief operating officer of its brokerage division, Handler Real Estate Services. Reporting to Handler president and CEO Scott Galin, Farley will oversee the firm's boutique, but growing brokerage division. His responsibilities include the recruitment and hiring of brokers, strategic planning and implementation, and mentoring and developing the firm's younger professionals. Farley, who previously held senior positions with Thor Equities, RFR Realty, S.L. Green, and ABS Partners, will also be an active deal-maker for Handler, working on some of the firm's larger lease assignments. In addition he will oversee leasing of some of Handler's in-house assets, including the firm's headquarters building at 561 Seventh Ave. "Richard is an intelligent, well-respected real estate professional who brings with him instant credibility and a long history of success both in terms of managing and growing departments and transacting deals," Galin said. "Richard is particularly skilled at recruiting talent, and then teaching, mentoring, and training those brokers. He will be instrumental in helping us bring our brokerage division to the next level. We are excited to have him join the team." "Handler is a strong, stable, well-run real estate organization that is poised for growth," Farley said. "Scott Galin and Scott Handler have done a tremendous job laying the foundation for how this firm operates. Handler has a long-standing platform that will be enticing for brokers looking to join a boutique, sophisticated firm that does business the right way. Handler is a great fit for me. I'm looking forward to being a part of its ongoing success." Prior to joining Handler, Farley was vice president/office leasing for Thor Equities, where he effectively coordinated and created Thor's in-house office leasing program. Prior to Thor, Farley directed the leasing program at ABS Partners where he led the leasing and marketing efforts of a 40-broker department and a 4 million s/f portfolio. Farley also previously held the position of executive vice president/director of leasing at RFR Realty, where he was responsible for more than 6 million square feet of real estate. During his 13-year tenure with RFR he completed successful leasing campaigns for prestigious trophy properties such as the Lever House and the Seagram's Building, where he negotiated a 165,000-square-foot lease with Wachovia, generating $16 million in revenue. He also orchestrated the redevelopment and repositioning of 160 Fifth Avenue, leasing 90 percent of the building within 18 months.
MORE FROM Brokerage

AmTrustRE secures 5,754 s/f lease with GKV Architects at 360 Lexington Avenue

Manhattan, NY AmTrustRE has executed a 5,754 s/f lease at its premier boutique Midtown East office tower, 360 Lexington Ave., with longtime partner GKV Architects. The award-winning firm will occupy a portion of the 14th floor. >“GKV Architects has been a trusted partner to AmTrustRE for over two decades, playing an integral role in shaping and elevating several
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced