Name: Todd Korren
Title: Principal, Director of Leasing
Company: Savanna
Location: 10 East 53rd St., New York City
Birthplace: New York City
Family: Married with 2 daughters
College: NYU, undergraduate, BS Management; NYU, MBA
First job outside of real estate: Cleaning swimming pools to pay for college
First job in real estate or allied field: Real estate salesperson while in college. Construction superintendent after college
What do you do now and what are you planning for the future? Savanna is a N.Y.C.-based institutional real estate private equity firm. The firm pursues opportunistic real estate equity and debt asset investments focusing on directly owning and operating properties primarily in N.Y.C. The firm's value added strategy includes the implementation of substantial capital improvements, property repositioning and leasing of space. Savanna has invested more than $1.7 billion across 15.2 million s/f across multiple asset classes and locations, representing over $3.75 billion in total capitalization.
Hobbies: Reading, gardening, biking
Favorite movie: "The Godfather," "Gladiator," "Lawrence of Arabia"
Persons you admire most (outside of family): Richard Branson, George Mitchell, George Soros
Keys to success: Work smarter and harder than your competitors; think "out of the box;" don't promise what you can't deliver; treat everyone, regardless of position, with respect.
If you had to choose another vocation what would it be? Environmental management/recycling
Brooklyn, NY Investment Property Realty Group (IPRG) closed the sale of 343A Tompkins Ave., a mixed-use building located in the Bed-Stuy section of the borough, for $1.97 million.
First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary
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.
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
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