Real Estate Institute Events
“A Conversation with Brian Steinwurtzel, Co-CEO of GFP Real Estate: Guiding a 16 Million Square Foot Portfolio through Turbulent Times.”
THURSDAY, November 5, 2020
Time: 8:30am – 9:30am
Featuring: Brian Steinwurtzel, Co-CEO and Principal of GFP Properties
Discussion Moderator: William Lee, CFA, CRE, Senior Managing Director, Newmark Capital Markets
Please join Brian and Bill for a discussion of the challenges and opportunities of guiding GFP Real Estate’s 75-property, 16 million square foot portfolio through the current market turbulence. The discussion will also highlight GFP’s on-going projects including the redevelopment of 100 Pearl Street, a nearly 1,000,000 square foot office property in Manhattan’s Financial District and the firm’s move into New York’s burgeoning life sciences sector with the Innolabs project at 45-18 Court Square in Long Island City. A Q&A session will follow.
About Our Speakers
Brian Steinwurtzel is co-CEO and Principal of GFP alongside his cousin Eric Gural.
Brian oversees all aspects of the company’s operations with a focus on new investments, financing, leasing, asset management, development and project management. His team has averaged more than 1 million square feet of leasing per year, including Manhattan’s largest lease in 2009, which relocated The Gap, Inc. to 40 Worth Street in Tribeca.
Noteworthy recent projects include the acquisitions of 7 Hanover Square, 40 Exchange Place in the Financial District, 10-27 46th Avenue, 11-05 44th Drive, and 43-01 22nd Street in Long Island City, as well as 7 Bushwick Place and 285 North Sixth Street in Brooklyn. Brian recently led the redevelopment of 100 Crosby/560 Broadway and 1560 Broadway into a Class A retail and office buildings in SOHO and Times Square respectively as well as the repositioning of The Film Center building in Hell’s Kitchen. He is currently leading the repositioning of downtown’s 7 Hanover Square and 40 Exchange Place.
Before joining GFP Brian was an equity research analyst for Triene Inc., a Goldman Sachs Ventures firm. Previously, he worked as a management consultant at PricewaterhouseCoopers LLP.
An active member of the community, Brian serves on the boards of Cooper Union, Columbia Business School’s Real Estate Advisory Board and Real Estate Circle, The Downtown Alliance, SoHo Broadway Initiative, the Center for Family Representation, and Selfhelp Community Services Inc.
Brian received his Master of Business Administration degree from Columbia Business School and his Bachelor of Science degree in Business Administration from Washington University.
William Lee is a Senior Managing Director in the Newmark Capital Markets group. He focuses on investment sales in the
New York Metropolitan Area advising clients on the marketing and sale of investment properties and development sites.
Mr. Lee also provides real estate consulting services to major public-sector clients. Projects include Empire State Development’s RFP evaluation for the public-private-partnership redevelopment of Manhattan’s Moynihan Station, the Metropolitan Transportation Authority’s acquisition of property to expand and redevelop Pennsylvania Station’s LIRR Concourse and the U.S. Department of Transportation’s assessment of collateral backing a $526 million TIFIA infrastructure loan.
Prior to joining Newmark, Mr. Lee worked at Deutsche Bank and Cushman & Wakefield in both real estate equity investment and commercial brokerage. At Deutsche Bank he was part of a team managing a $10 billion commercial real estate equity fund consisting of office, industrial, multi-family, and retail properties. At Cushman & Wakefield, Mr. Lee was a member of the firm’s Washington, DC investment sales team specializing in office and multi-family property sales.
Mr. Lee is a Counselor of Real Estate, serving as Vice-Chair of the New York Chapter board of directors. He is a CFA Charterholder and serves on the President’s Advisory Council at La Salle University. He has also served as an adjunct professor of real estate at CUNY’s Baruch College.
Mr. Lee is a graduate of La Salle University and holds an MBA from Duke University.