- REAL ESTATE EDUCATION
- GIVING BACK
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Peter Hauspurg is the Chairman and CEO of Eastern Consolidated, the nation’s largest single-offi ce real
estate commercial property sales fi rm in the U.S. with several billion in annual sales, primarily in the New York metropolitan and Tri-State area. Mr. Hauspurg and his partner, President Daun Paris, founded the firm in 1981 and have been creating some of the most signifi cant deals to dot the New York City skyline ever since.
Mr. Hauspurg’s innovative and visionary approach to deal making has made Eastern Consolidated an
industry game-changer. He has been the dynamic force at the helm of the fi rm’s global deal-making and
property-sourcing activities over the past 30 years. Mr. Hauspurg has also originated virtually every real
estate asset type for acquisition or disposition, including billions of dollars of offi ce and apartment buildings, hotels, development sites, garden apartments, and retail properties of all shapes and sizes.
Some of the nation’s most respected investors have called upon Mr. Hauspurg for counsel and representation, including the John L. Loeb family, the Edgar Bronfman family, George Soros, Larry Silverstein, Stephen L. Green, the Moinian Family, the Durst Family, Rose Associates and many more.
Also an accredited tax attorney, Mr. Hauspurg applies his legal savvy daily to arrange alternative acquisition and disposition structures to minimize tax effects on his clients’ behalf.
During the extended recession of the 1990’s Mr. Hauspurg led the fi rm’s workout efforts, which included
the representation of numerous lending institutions in asset sales of all types, as well as consulting on their behalf in negotiating diffi cult valuation issues with the FDIC. He and his innovative team also arranged the largest commercial property auction ever held in New York City in 1993, where over 1,000 properties went on the block in an all-day session at the Waldorf Astoria.
Mr. Hauspurg is consistently ranked in the New York Observer’s Real Estate Power 100, a list comprised
of the city’s most infl uential real estate titans, every year since the list’s inception in 2008.
Mr. Hauspurg also sits on the New York City Board of Directors and the Mortgage Committee of the
Manufacturers & Traders Trust Co. of Buffalo, a New York Stock Exchange bank with over $80 billion in
assets. He is a member of the Board of Governors of The Real Estate Board of New York (REBNY) and is
a past Chairman of its Sales Brokers Committee. He is a guest lecturer in the Board’s Continuing Education Program and is a frequent industry speaker. Mr. Hauspurg has also served as a member of the Board of Directors of the Westchester Land Trust for over ten years.
Mr. Hauspurg is committed to philanthropic efforts for the New York area community. He was recently
elected as the President of the Board of Trustees of the Jewish Child Care Association (JCCA), a nonsectarian organization founded in 1822 and dedicated to providing housing, medical care and vocational training to over 15,000 families in need in the Tri-State region, overseeing a $90 million annual budget with 1,100 employees. He and Ms. Paris have been dedicated to the JCCA cause over the past eleven years through the creation of new programs, fundraising efforts and the donation of a building. Mr. Hauspurg has also rehabilitated three Harlem apartment buildings under the auspices of New York City’s Third Party Transfer Program, which are now occupied as affordable housing.
Mr. Hauspurg is a graduate of Duke University and received his Juris Doctor degree from Fordham Law
School with a specialization in tax law.