Thomas Griffith President TE Griffith Realtors, Inc.
Name: Thomas Griffith
Title: President
Company: TE Griffith Realty, Inc.
Location: Pearl River, N.Y.
Birthplace and year: Pearl River, N.Y., 1923
Family: Married to Mary-Gray Swezey; have 4 daughters: Anne Clark Griffith, Jean Harshall, Griffith, Cindy Bennett Griffith, Mary-Gray Tham
College: University of Tennessee, Samson College, N.Y., electrical engineering
First job outside of real estate: Dexter Folder Company - machinist
First job in real estate or allied field: December, 1950 - real estate and insurance, William F. Griffith Agency
What do you do now and what are you planning for the future? Commercial and industrial real estate, investment analysis covering Rockland and Orange Counties
Hobbies: Scuba diving, beekeeping and fishing
Person you admire most (outside of family): President Ronald Reagan
Key to success: Each day is a new adventure
If you had to choose another vocation what would it be? Engineering in various fields
Manhattan, NY AmTrustRE has completed the $211 million acquisition of 260 Madison Ave., a 22-story, 570,000 s/f office building. AmTrustRE was self-represented in the purchase. Darcy Stacom and William Herring
The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Lower interest rates and an increased number of loan restructurings will be well received by the commercial real estate industry. Over the past 12 months there has been a negative trend for NOI for many properties across the country.