Michael Happel | TRD Research
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Michael Happel

CEO and President
New York REIT
405 Park Avenue
New York, NY 10022
212.415.6500

Michael Happel leads one of the largest publicly traded real estate investment and ownership firms in New York City.

New York REITs mostly-Manhattan portfolio includes the nearly 2 million-square-foot World Wide Plaza; the 755,679-square-foot 1440 Broadway; the 240-room Viceroy Hotel in Midtown; the 158,573-square-foot 50 Varick Street; and the 346,728-square-foot 333 West 34th Street.

New York REIT dates from 2010, when it spun off from corporate parent American Realty Capital, another real estate investment trust that became enmeshed in a major accounting scandal in 2014. That scandal cast a shadow on New York REIT due to business dealings and holdings that often overlapped, even years after the spinoff. The firm, under Happels direction, continues to distance itself from American Realtys reputation.

Before his current roles, Happel worked at New York REIT in other top capacities. Prior to joining the firm, he also held real estate investment positions at Morgan Stanley, Westbrook Partners and the hedge fund Atticus Capital.

Happel earned an economics degree from Duke and a law degree from Harvard. -TA

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