Executive Vice President
With more than three 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 Vice President, Managing Director for Halstead Property, Richard handles the day to day operations of running Halstead's Village and Soho offices, overseas the other directors of the firm and along with the Chief Executive Officer and President form the Executive Committee of Halstead Property.
Under his direction, a solid network of loyal and top producing agents has been created in the Downtown Offices of Halstead. 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.
Agents under his leadership have won numerous first, second and third place awards in the prestigious Real Estate Board of New York Deal of the Year awards ceremony. Richard is most proud to have mentored the Real Estate Board of New York’s designation of the 2008, 2011, 2012, and 2013 Rookie of The Year.
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. As an committee member he, along with another shareholder was responsible for a $3,6000,000 tax refund to the building as well as he was the driving force behind a lawsuit that will result in curtailment of the buildings master lease that will result in millions of dollars of additional income to the building. He is a graduate of Syracuse University and he received a Diploma in Real Estate Analysis from New York University.
Real Estate is a central topic to the lives of all New Yorkers. Where you live, work, shop, eat and unwind: Location always matters. When New Yorkers buy or sell or rent or lease, they may briefly get involved with the tricky game of real estate, but it's really just...
Avenue - Thursday, April 10, 2014
Halstead Property is beefing up its top ranks with the announcement earlier this month that Diane Ramirez has taken on the role of CEO, and James Gricar has stepped into her former role as president of the firm. Richard Grossman, meanwhile, has been promoted to...
Real Estate Weekly - Friday, July 26, 2013
What does it take to succeed in one of America’s ultra-high-end luxury markets? Other than Beverly Hills, Calif., there is probably no market more competitive than the Manhattan market. Richard Grossman, executive director of Manhattan-based Halstead Property LLC, shared some of the key secrets...
Inman News - Tuesday, July 16, 2013
Halstead Property President Diane Ramirez has been promoted to serve as the brokerage’s first-ever CEO, the firm said in a statement to The Real Deal. James Gricar, Halstead’s general sales manager, will fill her shoes by taking the role of president. “We’ve come a long way — we’re a...
The Real Deal - Wednesday, June 26, 2013
After serving as president for 14 years, Halstead Property co-founder Diane Ramirez has been named CEO — a newly created position — and General Sales Manager James Gricar will take over the role of president, The Real Deal reports. Ramirez was named one of Inman News’ “100 Most Influential Real...
Inman News - Wednesday, June 26, 2013