Over 27 years Experience!
January 1986 - present
Michael F. Levy, Principal Broker, Grand Lux Realty, Inc., 428 Main St., Armonk, NY, 10504, USA, T-914-273-9688, F-914-765-0518, C-914-393-1577, eMail: Michael.Levy@GrandLuxRealty.com, www.GrandLuxRealty.com
7/06-present: Grand Lux Realty, Inc., Armonk, NY, Principal Broker, Licensed Real Estate Broker & Property Manager.
6/98-6/06: MFL's Growth & Value Fund, LLC, Manager, Hedge Fund Management, Developer & investor: commercial & residential real estate, Home Improvement Consultant, Licensed Real Estate Broker.
10/92-5/98: MFL Development, Inc., Boulder, CO, President, Developer of homes in Boulder County, CO. Kabili & Company Investments, Boulder, CO, Licensed Real Estate Broker: commercial. Fowler Real Estate/Better Homes & Gardens, Boulder, CO, Licensed Real Estate Broker: residential.
9/91-9/92: Mammoth Lodge, Mammoth Lakes, CA, Manager: 30 room hotel at ski resort, Oversaw staff of 5 employees, developed 15,000 SF strip center at the same location, leased the stores, then sold the shopping center after it was fully leased.
5/89-8/91: Lehrer-McGovern-Bovis, Inc., NYC, Project Manager: Capital Cities/ABC Headquarters (22 stories, 450,000sf), Field Supervisor: Doral Park Avenue Hotel, Estimator.
1/86-4/89: Helmsley-Spear, Inc., NYC, Licensed Real Estate Salesperson: commercial.
INVESTMENT PROPERTIES OWNED AND/OR MANAGED: Apartment Buildings-Beverly Hills (4 units), Hollywood (30 units), CA & Salt Lake City (100 units), UT. Shopping Center (50,000 SF)-Sherman Oaks, CA. Shopping Center (72,000 SF)-Reseda, CA. Shopping Centers (100,000 SF each)-Paradise Valley, Prescott Valley, Tempe, Payson, Cottonwood, & Casa Grande, AZ. Industrial Buildings (7,500 SF each)-Riverside & Gardena, CA. Industrial/Office Buildings-Charlotte, NC & Greenville, SC. Office buildings (45,000 SF total)-Armonk, NY.
1986-1987 New York University, Real Estate Institute, NYC, Building Construction Management, Real Estate Investment Analysis.
1981-1985 Clemson University, Clemson, SC, Bachelor of Science in Technology & Engineering.
Helmsley-Spear, Inc: Participated in a number of office & retail leases as broker. Opened new office for Helmsley-Spear in Newburgh, NY to manage the construction & leasing of Key Bank’s Headquarters (55,000 SF) & two spec. office buildings (70,000 SF and 30,000 SF).
Lehrer-McGovern-Bovis: Worked as Assistant Project Manager at Capital Cities/ABC Headquarters, Manhattan (450,000 SF, 22 stories, $75M). Responsibilities started with steel & ended with Certificate of Occupancy. Worked as Assistant Field Supervisor at Doral Park Avenue Hotel, Manhattan. Renovation included lobby, restaurant, bar, kitchen, & office space in basement. Worked as estimator.
Mammoth Lodge: Formed partnership to buy 30 room hotel at Mammoth Lakes ski area, California. Managed hotel & five employees for the winter. Managed the negotiations & approval process to demolish the hotel & build a 15,000 SF retail strip center. Leased the center & then sold it to an investor.
MFL Development, Inc.: Formed a construction company to buy land in Boulder, Colorado, obtain construction financing, build homes, & sell them. Held real estate license at a local residential firm. After a few years, switched license to a commercial firm & acted as broker for investment properties: small apartment & retail buildings.
Grand Lux Realty: Formed corporation to buy & renovate homes in Westchester County. Currently hold Broker's license with 30 licensed salespeople. Property management & construction management.
Shopping Center Business: Owner, partner, & manager of investment real estate in California & Arizona. Working to analyze new investment opportunities utilizing discounted cash flow & IRR analysis & Microsoft Excel reporting features to suggest new purchases to our partners. Coordinating & structuring first mortgage (acquisition & refinance) agreements on behalf of partnership. Responsibilities include negotiating business & legal points with lenders, investors, tenants, & lawyers; growing the net worth of the partnership through a series of shopping center purchases and tax-deffered exchanges, evaluation of tenants, selected upgrading & renovation for tenants & exterior, sale of shopping centers, & via a tax-deferred exchange buying additional shopping centers. Participation in all phases of the acquisition & disposition of assets. Responsibilities include: contract negotiation & due diligence (environmental, qualitative & quantitative review). Negotiated & coordinated the execution of leases & capital expenditure projects for the properties.