News: Brokerage

Howard Michaels of Carlton Group passes at 62

New York, NY According to the Carlton Group, its chairman, Howard Michaels, passed at age 62 after battling a long illness. Michaels was a beloved husband, father, friend, philanthropist, mentor and a well-respected visionary in the real estate finance business.

He was chairman of The Carlton Group, which he formed in 1991, and since, it has become one of the premier real estate investment banks worldwide. 

His intelligence, tenacity and dedication were great assets to Carlton and helped expand the company from a single office on Park Ave. South to now having multiple offices across the globe. The company will continue its mission under the leadership of Michaels’ protégé and partner Michael Campbell. Campbell has worked side by side with Michaels for nearly 20 years. There is no doubt that the firm will continue to prosper under his leadership and the executives at the firm.

 Michaels leaves behind his wife Jennifer and daughters Reese and Alex and sons David, Josh and Sam. Carlton and the entire real estate community mourn the loss of one of their own.

Services were held at Central Synagogue on Sunday, September 23rd at noon. 

Shiva will be at the Michaels’ residence located at 995 Fifth Avenue on Sunday, September 23rd from 6 to 9 pm and Monday, September 24th from Noon to 3 pm and 5 pm to 8pm.

Donations may be made to the Jennifer and Howard Michaels Family Foundation at 560 Lexington Ave., 10th Floor, New York, NY 10022 and will be designated to Gastric Cancer Research.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
A guide to finding the right NYC property management company - by Sanjay Gandhi

A guide to finding the right NYC property management company - by Sanjay Gandhi

Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
Positive forecast for New York’s pro-housing push? - by Philip Butler

Positive forecast for New York’s pro-housing push? - by Philip Butler

New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.