Leonard Bayer, a Director of the Goodstein Organization and Chief Operating Officer of Goodstein Development Corp., is responsible for the day to day operations of the firm. Mr. Bayer also reviews and analyzes new acquisition opportunities, while overseeing positioning, sales and marketing of the active developments.
Mr. Bayer has been managing, marketing, selling, leasing and financing commercial and residential multi-family projects for over 30 years. He was formerly affiliated with Strategic Asset Alliances Realty, L.L.C., where he stabilized and repositioned distressed properties and founder of KRB Management Group.
Mr. Bayer has held high-profile positions at Xerox and NYNEX and successfully completed assignments with other high technology firms, subsequent to his attendance at Queens College and the University of South Florida. He then brought his technology background to the real estate industry in 1985, where he spearheaded the automation of the real estate business, including accounting, database and marketing functions.
Mr. Bayer has successfully marketed over 5 million square feet of commercial and retail space and thousands of apartments, condos and homes. Mr. Bayer has also managed and coordinated innumerable amount of mortgage and financing closings. Mr. Bayer is a New York and New Jersey Real Estate Broker and Broker “A” member of the Real Estate Board of New York (http://www.rebny.com) and is on the Board of Directors of COHME, Concerned Home Managers for the Elderly (http://www.cohme.org).
In 1991, Mr. Bayer, along with the Ivan and Steven Goodstein, was awarded the prestigious Freddie Mac Builder of the Year Award, Nat’l Assoc. of Home Builders Award for Sales and Marketing and Best Mixed Use Development, for the Cove Club in Battery Park City, a 250,000 square foot condominium development comprising commercial, retail, garage and residential space.
As President of Goodstein Realty, which was sold in 2004, Mr. Bayer co-developed the third party brokerage company with Ivan Goodstein. The company expanded over a six-year period to 12 satellite offices with 300 real estate agents and over $350 million in annual real estate property sales. The Business Plan culminated in the sale of the company in 2004 to Douglas Elliman Real Estate (http://www.elliman.com), the New York region’s largest real estate brokerage firm.