David A. BurrisCo-Chairman, Terra Holdings
David A. Burris is an owner and Co-Chairman of Terra Holdings, LLC, a company that owns and operates several real estate service firms including Brown Harris Stevens, one of the oldest and largest residential and commercial real estate service providers in New York City with over a staff of over 400 people operating in three states; Halstead Property Company, a residential brokerage and management company comprised of more than 200 brokers throughout Manhattan; Halstead/Feathered Nest, the largest residential rental firm in Manhattan serving both retail clients and individual landlords through its 135 brokers. The combination of Brown Harris Stevens and Halstead Property Company sold more than $3.2 billion of apartments and townhouses in Manhattan during the calendar year 2000. Specifically for Brown Harris Stevens, Mr. Burris oversees the seven operating divisions of including Residential Sales, Residential Management, Residential Renting and Corporate Relocations, Appraisals, Commercial Leasing and Management, Insurance, and Construction Management. A 20-year veteran of commercial real estate development, leasing and management, Mr. Burris is recognized as one of the industry's foremost experts in value-enhancing asset management and deal structuring.
Mr. Burris is also a principal and co-founder of Swig Burris Equities, LLC, an investment firm focusing on the acquisition and development of real estate in New York City and California. Swig Burris Equities, LLC has purchased over the past 20 months, or is in the process of developing in excess of $350 million properties, which include 48 Wall Street, a 34 story 320,000 square foot office building which has recently completed a major renovation; The Century, a new 51 story, 660,000 square foot residential tower containing 505 apartments in Downtown San Francisco; 770 Lexington Avenue, a 20 story 155,000 square foot commercial office building; and Gracie Manor, a 198 unit residential building located at 401 East 89th Street, among others.
Prior to acquiring Brown Harris Stevens and co-founding Swig Burris Equities, Mr. Burris served as Senior Vice President of Manhattan Pacific Management Company, Inc., the property management and leasing division of The Macklowe Organization. While at Manhattan Pacific, Mr. Burris was responsible for overseeing the commercial leasing of the firm's 3.5 million square foot commercial office portfolio. In 1992 and 1993, Mr. Burris was directly responsible for more than 1,315,000 square feet of leasing and in particular, Mr. Burris leased more than 550,000 square feet of space at Avenue of the Americas Plaza, located at 125 West 55th Street, including two of the four largest leasing transactions in Manhattan during 1992. This notable assignment, undertaken at the height of Manhattan's office market downturn, underscores Mr. Burris' ability to position properties for resounding success.
Previous to joining Manhattan Pacific, in 1988, Mr. Burris served as Vice President of Helmsley Spear, then the dominant and most respected real estate brokerage firm in the United States. At Helmsley Spear, he specialized in client representation for the sale and acquisition of investment grade real estate throughout Manhattan. Mr. Burris was responsible for negotiating and closing the ground-breaking deal that sold the tract of property on 40th Street between Fifth and Madison Avenues to a hotel developer, resulting in the development of the 500-room Journey's End Hotel.
From 1980 to 1986, Mr. Burris worked with Harry Macklowe Real Estate Co., Inc., supervising the development, management, and leasing of several major projects. Among his most notable accomplishments while working there included the supervision of development and leasing Rivertower, a 38 story, 324 unit residential building at 54th Street and Sutton Place; Grand Central Tower, a 563,000 square foot commercial office building on East 45th Street between Third and Lexington Avenues; and Riverterrace, a 40 story, 324 unit residential building on East 72nd street just east of York Avenue.
Mr. Burris is active in a number of professional and civic organizations, including the Real Estate Board of New York and the Young Mens/Womens Real Estate Association.
Mr. Burris graduated from George Washington University with a Bachelor of Arts degree in Finance and Accounting.
He resides in Manhattan with his wife and two daughters.