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Richard (Rick) Dana

Richard (Rick) Dana
Licensed Associate Real Estate Broker

675 Third Ave
New York, NY 10017
Office: 212.692.6182

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THE DANA COMMERCIAL GROUP at Douglas Elliman Your Commercial Needs The Dana Commercial Group at Douglas Elliman, led by Gary and Rick Dana and a team of 15 commercial experts, are specialists in the sale of retail and office leasing, investment sales, co-op and condominium retail sales, medical space, buildings, hotels, and property sales, and retail asset management. In recent years we have completed many deals with prominent retailers and investors that required complex transactions that often involved the sale of retail property interests such as co-op shares, master lease purchases, or leases with prepaid rent. Our efforts have resulted in tenancy/ownership situations for retailers such as The Gap, Williams-Sonoma, Max Mara, Yves St. Laurent, Kate's Paperie and many others including various restaurant interests. We are experienced in dealing with residential ownership groups, retail investment syndicates, investor groups, and co-op boards; and have a long-term track record of successful retail projects in our portfolio. With the 100 % rise in office rents over the past three years, many companies have found increased profitability in the ownership of their own office space, rather than renting. Douglas Elliman is a pioneer in the creation of commercial condominium and co-op office space. We will analyze our client's needs in order to determine if they would benefit from leasing or purchasing their space. We also specialize in the sale of commercial buildings, hotels and shopping centers. Our extensive client and retail mailing lists assure that we will reach all viable potential investors and suitable qualified retailers to obtain the best overall results from a leasing or sales agenda. We can offer extensive programs with regard to canvassing and marketing, as well as a thorough and professional approach to leasing and sales. We are always willing to meet with interested parties to discuss our new ideas and experiences with regard to these matters. Here are some condominium and co-op sales that we have done in the past year: 1200 Third Avenue---------------Commercial Co-op----------------1600 square feet 1327 Madison Avenue-----------Commercial Condo---------------1400 square feet Spring Street and W. Bway-----Commercial Condo---------------1000 square feet 127 West 24th Street-------------Office Co-op------------------------- 700 square feet 246 West 38th Street-------------Commercial Co-op----------------3000 square feet 1099 Madison Avenue-----------R.E.I.T.-------------------------------6000 square feet 3rd Avenue and 77th Street------R.E.I.T.-----------------------------15,000 square feet 199 Lafayette Street--------------Office Condominium--------------7000 square feet 8th Avenue and 40's---------------Building Sale---------------------10,000 square feet We are currently marketing: Madison and 70's------------------Commercial Co-op Madison and 60's------------------Entire Commercial Builing for Net Lease 3rd and 70's--------------------------Sale of Long-Term Net Lease 3rd and 70's--------------------------Sale of entire blockfront of Co-Op Retail Stores 10th Avenue and 46th Street-----Sale of development site 217 W 14 St-------------------------Sale of Condo Store Columbus Avenue Corner-------Retail Store for Lease 249 West 49th Street---------------Building for Sale Broadway 70's----------------------Corner Store for Lease Several other buildings for sale, stores for lease, and buildings for net lease. MARKETING PROPOSAL The Dana Commercial Group at Douglas Elliman, under the guidance of Gary and Rick Dana, wants to insure that your property is marketed with the highest level of integrity, skill, and exposure. As an attachment to an agency agreement, we agree to do the following: Within 10 days of a completed agency agreement we will: -Create a digital photographic display of the property. -List property on Co-Star - the best subsciption commercial real estate database. -List property on City Feet and Loopnet, as well as the Douglas Elliman website. -Send property with pictures and analysis to all Douglas Elliman agents in our immediate company (thousands). -Send property with pictures and analysis to all commercial agents throughout the country through our commercial CRES Network. -We are members of the Real Estate Board of NY. The property will be discussed at the first available meeting, and sent to all committee members immediately. -Send property to our extensive database of all commercial brokers and sales agents in NYC. -Advertise on a regular basis in the NY Times Investment or Sales section, in the Wall Street Journal, and other appropriate publications. -Send property to all customers on our Databases showing the benefits of your location. -Be available to promptly return all calls. -Advertise in additional publications at our expense where needed, and also pay for all appropriate signs for the location, if permitted. -Help prospective purchasers with any necessary assistance to insure a proper presentation to the Ownership Group, if necessary. As managers of hundreds of co-op buildings and brokers of hundreds of transactions, we can and will use our experience to help complete the deal. PROFILE Rick Dana joined Douglas Elliman in 1981 and has worked in commercial and retail leasing and sales for almost 30 years. He is a member of The Real Estate Board of New York's Retail Committee, and recently won Douglas Elliman's Commercial Sales Award for the most transactions. He is a graduate of CW Post, with a degree in business and a minor in music. In his spare time, Rick is the Musical Director, as well as a performer for a traveling Dinner Theatre of 35 singers and dancers called "The Long Island Cabaret Theatre". He also loves to play piano and sing. Rick Dana Executive Vice President Douglas Elliman Commercial Group 205 East 42nd St. New York, NY 10017 Tel: (212) 692-6183 Fax: (212) 455-4741 email: rdana@elliman.com

 

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