REAL
ESTATE MOVERS & SHAKERS
How the industry leaders made it to the top
and
stay successful in Westchester and Fairfield counties.
Photographed
by SARAH McCOLGAN
NAME:
William
M. Raveis, Jr.
COMPANY: William Raveis Real Estate &
Home Services
TITLE: Chairman & CEO
YEARS IN BUSINESS: 30
ANNUAL SALES: $4 billion (2004 estimate) SIZE OF SALES TEAM: 1,600 CLAIM TO FAME: Helping others achieve
their goals. I started a residential real estate company
above a grocery store that evolved into a family-based business
focused on building the careers of our employees and helping
our customers. BIGGEST DEAL: Being married to Candy,
who opened a whole new side of life for me, and having my
children in the company to ensure the legacy will pass to
the next generation. LIVES IN: Fairfield, CT. WORKS IN: Southport, CT. HOW HE GOT INTO REAL ESTATE: I worked in
corporate America, where being entrepreneurial was threatening
to some of my managers. It was hard to be promoted and to
assume additional responsibility. I thought that the best
way was to start my own company and to succeed or fail on
my own. I took an eight-week real estate course and became
a broker. I was 28 when I started the company. The first
three years were difficult — my earnings were substantially
less than what I received in corporate America. I reinvested
what little money I had back into the company and we are
still reinvesting. BEST THING ABOUT THE JOB: Helping the people
in the company realize their potential and goals, and helping
our customers realize their home-ownership dreams. WHAT DISTINGUISHES THE COMPANY: We're
a family-owned business that focuses on people and provides
world-class service. BIGGEST CHALLENGE: There is a new
challenge every year whether it be discount brokerage, Microsoft,
Lending Tree, MLS fees, commission structures, etc. GREATEST ACHIEVEMENT: Surviving all
the business cycles and becoming stronger and better at
what we do. GOALS FOR NEXT YEAR: To rapidly expand
throughout New England.
NAME:
Dean Shapiro COMPANY: CB Richard Ellis, Inc. TITLE: Senior Managing Director YEARS IN BUSINESS: 15 LEASE TRANSACTION VOLUME: Personally, $1
billion + SQUARE FEET UNDER MANAGEMENT: 822 million
companywide MARKET SHARE: 50% + CLAIM TO FAME: Structured and consummated
a complex transaction for Golf Digest magazine in Wilton,
CT. BIGGEST DEAL: A 600,000 + square foot
transaction for Coopers & Lybrand's New York practice
headquarters. LIVES IN: Weston, CT. WORKS IN: Stamford, CT. HOW HE GOT INTO REAL ESTATE: I was recruited
out of business school. BEST THING ABOUT THE JOB: Many things,
primarily the diversity of responsibilities, which range
from people, to transactions, to public-speaking appearances.
But, clearly, the quality of the people I work with is a
constant joy. WHAT DISTINGUISHES THE COMPANY: Our firm
stands out by insisting on professionalism, integrity and
overall excellence. We tap the diverse resources of our
organization to provide superior services to our clients. BIGGEST CHALLENGE: Constantly keeping
ahead of the competition. GREATEST ACHIEVEMENT: Successfully
integrating two diverse organizations. GOALS FOR NEXT YEAR: Continuing to evolve
our organization into something totally new and cutting-edge.
NAMES:
Joseph P. Beninati and James P. Cabrera COMPANY: Antares Real Estate TITLES: Co-founders & Managing Members YEARS IN BUSINESS: 8 TOTAL PORTFOLIO SIZE: $500 million KEY PROPERTIES: Pickwick Plaza in Greenwich;
Delamar Hotel in Greenwich; new 9-acre estate in Greenwich
off Round Hill Road, surrounding Lake Carrington; Seaview
House in Stamford; CiderMill gated community in Westchester. CLAIM TO FAME (Beninati): I met my wife,
Rhonda – the most wonderful woman in the world –
at Choate Rosemary Hall 22 years ago. CLAIM TO FAME (Cabrera): My family. BIGGEST DEAL: Growing a $200 million residential
development division to complement elite commercial assets
such as Pickwick & Delamar. LIVE IN: Beninati, Armonk, NY; Cabrera,
Old Greenwich, CT. WORK IN: Greenwich, CT, at Pickwick Plaza.
Other offices are located on our properties. HOW THEY GOT INTO REAL ESTATE: Beninati
began doing real estate deals with Cabrera during
the ‘90s. BEST THING ABOUT THE JOB: The family team
atmosphere. WHAT DISTINGUISHES THE COMPANY: Opportunity
fund guys tend to emphasize financials and lack Antares'
operating/construction infrastructure. Builder/developers
lack Antares' team of Ivy League MBAs to be financially
sophisticated. BIGGEST CHALLENGE: Keeping up with all
of our opportunities. GREATEST ACHIEVEMENT: Having customers,
employees and investors whom we have done business with
and became friends with over the years. GOALS FOR NEXT YEAR: To continue providing
our customers with the best quality and value.
NAMES:
Stephen Meyers and Christopher Meyers COMPANY: Houlihan/Lawrence TITLES: Stephen, President & CEO; Christopher,
CFO YEARS IN BUSINESS: Stephen, 9 years; Christopher,
1 year ANNUAL SALES: 2.5 billion SIZE OF SALES TEAM: 850 associates throughout
Westchester, Putnam and Dutchess counties CLAIM TO FAME: We're the largest
independently owned real estate company in the area. LIVE IN: Stephen, Bedford, NY; Christopher,
Greenwich, CT. WORK IN: Bronxville, NY. HOW THEY GOT INTO REAL ESTATE: In 1990,
Nancy and Peter Seaman purchased the company. After Peter's
death in 1994, Nancy took over and asked her brother Stephen,
who has had careers in real estate and finance, to get involved.
He joined the company in 1995. Christopher, who has a background
in technology and finance, became CFO a year ago. RESPONSIBILITIES OF EACH SIBLING: Nancy
had the vision for the Houlihan/Lawrence brand, identity
and image. Stephen is behind strategic growth and acquisitions
and runs branches and the office sales force. Christopher's
role is financial, handling all of the IT infrastructure. BEST THING ABOUT THE JOB: Getting to work
with your family. WHAT DISTINGUISHES THE COMPANY: We extend
the concept of family beyond ourselves – people feel
a loyalty to and a bond with this company; as a result,
we have attracted some of the best people in the business. BIGGEST CHALLENGE: How to keep that family
feeling while becoming a big company business. GREATEST ACHIEVEMENT: We have managed to
be the market leader in one of the premier real estate markets
in the country. We're large enough to compete with
the national franchises, yet small enough to maintain the
personal touch. GOALS FOR NEXT YEAR: Continued success
and orderly growth.
NAME:
Robert P. Weisz COMPANY: RPW Group, Inc. TITLE: President YEARS IN BUSINESS: 25 TOTAL PORTFOLIO SIZE: Approximately 1.25
million square feet. Over the years we have owned and developed
approximately 4 million square feet. KEY PROPERTIES: Class A office buildings
in Westchester and Fairfield counties. We are the largest
landlord of medical space outside hospitals in Westchester.
We have a number of significant properties along the Platinum
Mile on the 287 corridor. CLAIM TO FAME: Fifteen years ago I purchased
Edison High School in Mount Vernon, which had been abandoned
Our project turned around an entire neighborhood. BIGGEST DEAL: We have a complex in Harrison,
a $50 million project of approximately 280,000 square feet,
including a planned 80,000-square-foot medical complex. LIVES IN: Greenwich, CT. WORKS IN: White Plains, NY. HOW HE GOT INTO REAL ESTATE: As a result
of being in the furniture business. In the late ‘70s
I purchased warehouses in NJ, and we started buying and
redeveloping buildings along the Hudson River – at
first it was mostly industrial; then we did retail and office
space. BEST THING ABOUT THE JOB: This is a people
business. Most deals are large, most people are honorable
and a handshake is meaningful. Sitting down with strangers
and making a deal sometimes leads to a long relationship,
which is very gratifying. WHAT DISTINGUISHES THE COMPANY: We do business
the old-fashioned way. While many of our competitors are
institutions, we are individually owned. That brings to
the table the face, handshake and human touch. Regardless
of how technology advances, nothing will replaces people
who will stand behind what they say. BIGGEST CHALLENGE: To juggle being a good
parent and husband while dedicating time to my business.
GREATEST ACHIEVEMENT: Having been able
to dedicate time to my family and grow the business the
way I expected. I could not imagine a more fulfilling life. GOALS FOR NEXT YEAR: We are upgrading our
existing properties, and we will continue to focus on acquisitions.
We have purchased approximately $100 million of commercial
real estate in the past 24 months and we expect to do at
least that amount in the next 12 months.
NAME:
Salvatore Campofranco COMPANY: Reckson Associates
Realty Corp. TITLE: Executive Vice President & Chief
Operating Officer YEARS IN BUSINESS: 16 TOTAL PORTFOLIO SIZE: 86 properties/15.5
million square feet in the tri-state area. KEY PROPERTIES: 360 Hamilton
Avenue, White Plains; Landmark Square, Stamford, CT. CLAIM TO FAME: Establishing Reckson's
portfolio in the Westchester and Connecticut marketplace
by acquiring over $400 million of Class A office properties. BIGGEST DEAL: Fuji Photo Film, USA,
Inc., a transaction totaling over 248,000 rentable square
feet and involving relocating eight different companies. LIVES IN: New Canaan, CT. WHERE HE WORKS: I travel throughout
the tri-state area. HOW HE GOT INTO REAL ESTATE: I grew
up in a family that was involved in various aspects of real
estate. I began my career as a CPA working for a large real
estate accounting and consulting firm. BEST THING ABOUT THE JOB: The people
I work with at Reckson. WHAT DISTINGUISHES THE COMPANY: Building
great relationships with our customers and business partners
as well as our attention to detail. BIGGEST CHALLENGE: Keeping the balance
in life between career goals and family goals. GREATEST ACHIEVEMENT: Successful
completion of the company's evolution from a family-based
company to a “best in class” public company. GOALS FOR NEXT YEAR: To achieve strategic
growth as the “Landlord of Choice” in the tri-state region.