George C. Tockstein
South Salem, New York 10590
Real Estate Executive
A hands on manager with strategic leadership skills in all facets of real estate
leasing and management. Real estate background complemented by strong
financial and systems experience. Results oriented and progressive. A creative
problem solver with excellent communication, presentation and negotiation
Demonstrated Developing and implementing real estate strategy and solutions to support enterprise
Competencies goals, capitalizing on opportunities and minimizing costs
Financing including leasing options, layering, financial controls and budget
Increasing financial value and maximizing ROI of assets
Directing the acquisition and disposition of properties
Asset management of large commercial portfolio
Assuring legal compliance based on working knowledge of real estate laws and
Managing site selection and evaluation, design and construction
Education Fordham University
B. A. Economics
Experience The Olnick Organization 2004-2011
Vice President and Commercial Division Head
Managed commercial portfolio of over 5 million square feet of office, retail, medical and
hotel properties. Managed all aspects of leasing and operations including marketing,
account collection and cash flow projections. Developed and implemented portfolio wide
database for all lease activities. Developed and implemented strategy to sell urban city
center high rise for peak value while retaining major tenant.
Wien & Malkin LLP 1997-2004
Senior Asset Supervisor
Managed commercial portfolio of over 10 million square feet of prime office space.
Approved all lease transactions (over 2000) and improvements to properties. Supervised
all of managing agent's activities for owners including marketing, account collections, cash
flow projections and litigation. Implemented standard brokerage agreements, improved
lease standards and benchmark development for each property. Developed and
implemented portfolio wide database for all lease activity.
Advised diverse client base on real estate and facility projects. Client base included law
firm, international commercial bank and foreign import company.
Coopers & Lybrand 1986-1996
Director of Real Estate and Administration
Directed all aspects of real estate function including planning, design, construction and
George C. Tockstein
completion of newly acquired facilities, as well as asset and property management.
Negotiated complex transactions as owner, lessor, lessee and seller. Managed team of 21
professionals, six in real estate. including one director, two managers, and three project
leaders. Reported to CFO and Vice Chairman interfacing with five Vice Chairmen
responsible for different lines of business. Responsible for purchasing, travel and risk
Managed the leasing of over 4 million square feet of space at over 100 locations
across the United States. Performed strategic site selections for each city
identifying locations which maximized the firm's exposure.
Represented C & L in 15 acquisitions and sale of free standing buildings, sale
leasebacks (from 1000 square feet to 600,000 square feet).
Negotiated leases for Puerto Rico facility, U. K. subsidiary, and offices in Cairo,
London and the Virgin Islands.
Performed real estate and risk management due diligence on fifteen large scale
transactions, many with multiple locations.
Averaged 40 new development and renovation projects per year and initiated
strategic plan successfully disposing of surplus space nationwide saving $20
million including implementation of alternative office concepts such as hoteling.
Initiated changes to prevent/minimize risk to people, physical assets and
operations. Initiated loss control procedures for Worker's Compensation, General
Liability and Property coverage.
J.P. Morgan & Co. 1985-1986
Assistant Vice President
Managed facilities for Personal Banking Division and J.P. Morgan Investment
Managed major base building renovation and tenant improvements in New York
for $17 Million.
Developed renovation of 150,000 square foot facility.
Becker Paribas Incorporated 1982-1985
Assistant Vice President, Real Estate Services
Responsible for real estate including site selection, negotiation of property acquisitions
and divestitures of 21 offices in 16 cities.
Developed and implemented Real Estate Expense Allocation System to control $8
Million of expenses allocated to profit centers.
Leased space in such countries as Paraguay, Uruguay, Argentina, U.K., France and
Switzerland in addition to U.S. and Puerto Rico.
Managed disposition of assets upon sale of firm reducing cost exposure to parent.
Assistant Vice President, Financial Markets Group
Managed the planning, design, construction and start-up of new trading facilities in six
Developed and installed group's Strategic Telecommunication Plan to optimize
fiber optic, satellite, microwave and leased line networks.
Various Line management and staff positions in Corporate Banking, Public Affairs and
Memberships: Real Estate Board of New York, International Council of Shopping
New York State Real Estate Salesperson License