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Prior to founding the Gochman Group, Mr. Gochman was the Executive
Vice President for New Business Development and a Managing
Principal of TechSpace (an international network of business
communities and leader in providing alternative office space
and services to emerging and established companies). Mr. Gochman
developed new TechSpace sites in New York City and Toronto,
Canada, while at the same time, supporting developments in
Boston and San Francisco. He undertook due diligence in Atlanta,
Washington D.C., Philadelphia, Los Angeles, Seattle, London
and Copenhagen, and was responsible for research and market
entry development, lease negotiations, real estate development,
and the hiring/training of local site staff. Additionally,
his responsibilities included the oversight of consultants,
vendors and construction contractors. As market conditions
in the commercial real estate industry began to deteriorate
in 2000/2001, Mr. Gochman was placed in charge of sales and
marketing for the entire TechSpace network, along with his
other responsibilities. Mr. Gochman helped TechSpace raise
$42 million in venture capital for both the expansion of new
TechSpace locations and direct investment in start-up technology
companies. In addition, Mr. Gochman was in charge of TechSpace
Solutions' Real Estate Brokerage services practice.
From
1996 to 1999, Mr. Gochman was Vice President for the Trump
Organization where he was in charge of the redevelopment,
repositioning, leasing and asset management of 40 Wall Street,
a 1.2 million square foot office tower in New York City. At
the time, Lower Manhattan was considered the weakest office
market in the country (based on vacancy rate). Mr. Gochman
brought the building from 8% occupancy to 90% occupancy within
two years. In addition, Mr. Gochman undertook property acquisition
due diligence for The Trump Organization, including economic
analysis and the procurement of debt financing. Working closely
with Donald J. Trump, Mr. Gochman helped create a $300,000,000
asset out of Mr. Trump's initial equity investment of $1,000,000.
Prior
to theTrump Organization, Mr. Gochman worked for The Rockefeller
Group, where his duties included the leasing and management
of Manhattan's famed Rockefeller Center Properties. Occupancy
at Rockefeller Center stood at 98% during Mr. Gochman's six-year
tenure. He achieved premium rental rates versus competitive
buildings.
As
landlord representative for Sumitomo Corporation of America,
Mr. Gochman brought its asset, 600 Third Avenue (New York
City), from 82% to 95% occupancy, achieving premium rentals
as compared to its competition in the Grand Central sub-market.
Michael
Gochman holds an MBA in International Business from Pace University
and a BS in Marketing from the University of Vermont.
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