Manhattan, NY Houlihan Lawrence appointed Michael Rackenberg as the new head of its commercial division.
Rackenberg has been a consistent top producer since joining Houlihan Lawrence’s Commercial team in 2013, with a proven track record of selling investment properties throughout Westchester and Fairfield Counties, Manhattan, and the Bronx. Notable transactions include two development sites in Port Chester, totaling over $12 million; a $10.4 million multi-family building portfolio in Rye; and a $10.5 million mixed-use building on West 19th St.
In this new role, Michael will oversee the day-to-day operations of Houlihan Lawrence’s commercial division and its 45 agents that offer boutique service for a broad range of clients locally and globally, specializing in investment opportunities, office condominiums and leasing, industrial and retail sales and leasing, land acquisition and development, and municipal approval consultation.
“We are thrilled to welcome Mike as our new director of commercial,” said Liz Nunan, president and CEO of Houlihan Lawrence. “I am confident that he will continue to build upon the team’s strong foundation, foster innovation, and deliver value to our agents and clients.”
“I am honored to step into this new role and look forward to working closely with my commercial colleagues to capitalize on opportunities and continue delivering outstanding results,” said Rackenberg.
Rackenberg is a member of both the Port Chester & Rye Chamber of Commerce, an Advisory Board of the First Bank of Greenwich, and a member of the National Association of Realtors, NY State Association of Realtors, Hudson Gateway Association of Realtors, and OneKey Multiple Listing Service. He is a graduate of the University of Delaware.
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