George C.

Tockstein
South Salem, New York 10590 Home (914)533-6474 Cell (917)846-4408 Fax (914)533-6550 Email georgetock@aol.com

Demonstrated Competencies

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 skills.
Developing and implementing real estate strategy and solutions to support enterprise goals, capitalizing on opportunities and minimizing costs Financing including leasing options, layering, financial controls and budget management 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 government regulations Managing site selection and evaluation, design and construction Fordham University B. A. Economics

Education

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. Consultant 1996-1997 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 management functions. 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 Management Company. 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. Citibank N.A. Assistant Vice President, Financial Markets Group Managed the planning, design, construction and start-up of new trading facilities in six major cities. 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 Operations. Memberships: Real Estate Board of New York, International Council of Shopping Centers New York State Real Estate Salesperson License