Richard Grossman

Richard Grossman
Executive Director of Sales
Downtown
rgrossman@halstead.com

Richard Grossman

With more than two decades of real estate experience in Manhattan, Richard Grossman is well-known as an innovative, effective and strategic leader in both the residential and commercial fields. As Executive Director of Sales of Downtown for Halstead Property, LLC, Richard handles the day to day operations of running Halstead's Village office and under his guidance he has doubled the size of the office to over 110 agents.

Under his direction, he has created a solid network of loyal and top producing agents in the Village Office. Combined with his strong leadership skills, he is able to provide his agents and their clients with an invaluable knowledge of the ins and outs of the real estate industry. His familiarity with the inner workings and requirements of cooperatives and condominiums provides agents and clients with valuable insight in successfully dealing with complex transactions. In addition, Richard is known for his calm and patient demeanor, and is always able to address concerns and solve problems in a composed and logical manner.

During the course of his career, Richard has been involved with the conversion of more than 30 rental buildings to cooperative or condominium ownership. He has been directly involved in each step of the process including initial analysis of the viability of conversion, preparation and certification of schedules A & B for the offering plan, handling the sales and marketing of vacant units as well as the negotiations with existing tenants.

Prior to joining Halstead Property, Richard was the Senior Vice President and Director of Sales for Heron Properties, where he was responsible for the creation of the sales division of one of New York's most prestigious management firms and which quickly grew to 25 sales agents under his direction. While at Heron, he also served as a commercial mortgage broker, specializing in underlying mortgages for cooperative buildings. In addition, Richard brokered numerous retail and commercial transactions including the leasing of a midtown office building, several garage leases, the sale of income producing properties, as well as art galleries on 57th Street and the Chelsea art districts. Before Heron, Richard was the Director of Sales for Hahn & Mann Realty, Inc. and started his career at J.H. Taylor Real Estate, two venerable firms.

In his personal time, Richard is an avid traveler, fitness enthusiast and collector of contemporary and modern art. Richard is the past President of the Brevoort East, a luxury 330-unit cooperative building in Greenwich Village. He is a graduate of Syracuse University and he received a Diploma in Real Estate Analysis from New York University.

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Date Title of Article Publication
7/1/2008 Tapping a new art vibe The Real Deal
4/9/2008 Watery Views The Village Voice
4/2/2008 Get All Rent Out of Shape New York Post
2/24/2008 Maintenance Fees: Up, Up, Up New York Times
1/20/2008 Co-ops Reap Unexpected Bonanza New York Times
11/8/2007 When will the real estate bubble burst? AM New York
11/1/2007 Do buyers or sellers have the upper hand? The Real Deal
10/31/2007 Who's News Real Estate Weekly
10/16/2007 Halstead Property Promotes New Executive Directors of Sales RIS Media
5/20/2007 Condos Tighten the Rules New York Times
5/1/2007 Green-eyed retail on Greenwich Avenue The Real Deal
2/19/2007 Developmental Difficulties: Does affordable housing have a future? Our Town
12/16/2006 Corks popping on Wall Street Los Angeles Times
12/14/2006 Tipping for work well done The New York Daily News
10/24/2006 Middle class may lose a home in NYC Los Angeles Times
12/26/2005 Spit and Polish New York Magazine

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