The Real Deal New York

Rudin spends first two months at Brookfield traveling the country

September 13, 2011 02:35PM

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Brookfield’s U.S. President and CEO Mitch Rudin

Since leaving CB Richard Ellis to become president and CEO of Brookfield Office Properties’ U.S. commercial operation, Mitchell Rudin told the New York Observer he’s been busy visiting all seven of the firm’s offices outside New York City.

Rudin gushed about the portfolio and the people throughout Brookfield’s markets in the interview, and said he’s been trying to keep up with the intricacies of each of those markets. They include Boston, Washington, Houston, Los Angeles, San Francisco, Minneapolis and Denver.

As for the firm’s Manhattan West project, Rudin said the company plans to start constructing the platform upon which the forthcoming towers will be built at a cost of less than $300 million thanks to the implementation of value-engineering and new technologies. The first building could still be delivered by 2015. Rudin said he expects the firm’s recent acquisition of 450 West 33rd Street to compliment the development and offer tenants a “cost-effective alternative.” [NYO]

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