Kevin R. Mahoney

"I like being involved in all aspects of the building's redevelopment," says Mr. Mahoney. "Each team – management, leasing, and construction – has its own objectives. My job is to weave all of the plans together and implement them."

Thanks to what Mr. Mahoney describes as his "blended experience," the process is smooth.

"I started my real estate career as a building engineer at Tishman Speyer," he notes. "I figured that if I could understand how a building operates from the inside, then I'd be better prepared for other roles in the industry."

He soon had the opportunity to try some of those other roles. During his next ten years at Tishman Speyer, Mr. Mahoney gained experience in property management (domestic and international), leasing, construction, acquisitions and sales.

His work encompassed many large-scale projects. He managed a one million-square-foot Class-A commercial office building with annual operating expenses of $14 million, conducted due diligence for the eventual purchase of 666 Fifth Avenue, assisted in the sale of 620 Sixth Avenue to overseas investors, managed and leased a 70-story skyscraper in Frankfurt, Germany – the tallest building in Europe at the time – and coordinated the relocations of the Gap's corporate headquarters, AOL's corporate headquarters and a T.J. Maxx store.

Wide Range of Large-Scale Projects

"I explored a lot of different avenues within the real estate field, and I liked them all," Mr. Mahoney says of the time. "The experience was invaluable."

Mr. Mahoney then joined the New York-based FiberNet Telecom Group, Inc., where he served as senior director of real estate. In this capacity, he successfully completed the acquisition of 50 million square feet of office space to be used for telecommunications infrastructure.

In 2002, he founded Mahoney Development, which built, developed and sold residential homes. He enjoyed this work, but missed the commercial side of real estate, so when the opportunity at 1333 Broadway presented itself, he grabbed it.

"The chance to be involved in redeveloping a building in such a great location was irresistible," he recalls. "It's a rewarding position. I work with a lot of very dynamic, talented people, and I totally agree with the vision for the building."

Real estate was clearly the right career choice, says Mr. Mahoney. And he's enjoying his work more than ever. As he notes, "It's gratifying to implement plans for the building's transformation, and see the changes in progress."

See "Repositioning of 1333 Broadway in Progress" for details of 1333's transformation.