Andrew Wachtfogel
Co-Founder | President, New Development | Chief Analyst at OFFICIAL- Claim this Profile
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Bio
Stephen Tavarez
I had worked under Andrew’s management during my tenure at Reis as an Analyst for the New Construction Research department. I am thankful to have worked with Andrew being that he is very knowledgeable in multiple aspects of the real estate market, was clear of his expectations in our work, and is willing to share his knowledge. With his management, the team had a clear focus on both quality and quantity, which were vital to the success of the New Construction department. In setting goals which stressed quality, a solid standard on quantity, along with instituting incentives for the new construction team, Andrew had created a system which was efficient in consistently delivering results which benefited Reis’ clients.
Mike Collins
The difficulty in writing an endorsement for Andrew Wachtfogel is keeping it brief. Andrew is smart, articulate, effective and involved. His clients, fellow Realtors and friends respect his knowledge and professionalism. I like, too, that he "gets involved" and "gives back," both rare qualities in today's selfish working world.
Stephen Tavarez
I had worked under Andrew’s management during my tenure at Reis as an Analyst for the New Construction Research department. I am thankful to have worked with Andrew being that he is very knowledgeable in multiple aspects of the real estate market, was clear of his expectations in our work, and is willing to share his knowledge. With his management, the team had a clear focus on both quality and quantity, which were vital to the success of the New Construction department. In setting goals which stressed quality, a solid standard on quantity, along with instituting incentives for the new construction team, Andrew had created a system which was efficient in consistently delivering results which benefited Reis’ clients.
Mike Collins
The difficulty in writing an endorsement for Andrew Wachtfogel is keeping it brief. Andrew is smart, articulate, effective and involved. His clients, fellow Realtors and friends respect his knowledge and professionalism. I like, too, that he "gets involved" and "gives back," both rare qualities in today's selfish working world.
Stephen Tavarez
I had worked under Andrew’s management during my tenure at Reis as an Analyst for the New Construction Research department. I am thankful to have worked with Andrew being that he is very knowledgeable in multiple aspects of the real estate market, was clear of his expectations in our work, and is willing to share his knowledge. With his management, the team had a clear focus on both quality and quantity, which were vital to the success of the New Construction department. In setting goals which stressed quality, a solid standard on quantity, along with instituting incentives for the new construction team, Andrew had created a system which was efficient in consistently delivering results which benefited Reis’ clients.
Mike Collins
The difficulty in writing an endorsement for Andrew Wachtfogel is keeping it brief. Andrew is smart, articulate, effective and involved. His clients, fellow Realtors and friends respect his knowledge and professionalism. I like, too, that he "gets involved" and "gives back," both rare qualities in today's selfish working world.
Stephen Tavarez
I had worked under Andrew’s management during my tenure at Reis as an Analyst for the New Construction Research department. I am thankful to have worked with Andrew being that he is very knowledgeable in multiple aspects of the real estate market, was clear of his expectations in our work, and is willing to share his knowledge. With his management, the team had a clear focus on both quality and quantity, which were vital to the success of the New Construction department. In setting goals which stressed quality, a solid standard on quantity, along with instituting incentives for the new construction team, Andrew had created a system which was efficient in consistently delivering results which benefited Reis’ clients.
Mike Collins
The difficulty in writing an endorsement for Andrew Wachtfogel is keeping it brief. Andrew is smart, articulate, effective and involved. His clients, fellow Realtors and friends respect his knowledge and professionalism. I like, too, that he "gets involved" and "gives back," both rare qualities in today's selfish working world.
Credentials
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Licensed California Real Estate Salesperson
Bureau Of Real Estate -
Licensed New York Real Estate Salesperson
New York State Department of State
Experience
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OFFICIAL
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United States
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Real Estate
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1 - 100 Employee
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Co-Founder | President, New Development | Chief Analyst
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Apr 2022 - Present
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Douglas Elliman Real Estate
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United States
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Real Estate
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700 & Above Employee
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Executive Vice President & Head of Research
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May 2019 - Mar 2022
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Senior Vice President, Research & Analytics
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Oct 2016 - May 2019
Head of research and analytics, providing top tier detailed project research, quarterly market reports, and programming and pricing of new developments. I also represent the company’s research and analytics department to developers, construction lenders, equity investors, and general institutional investors.Involvement in the pre-development planning and ongoing sales management of marquee residential developments with sellout values in excess of $10 billion. In New York, this includes 432 Park Avenue, The XI, 111 West 57th Street, One West End, and 565 Broome SoHo. In Los Angeles, this includes The Residences at The West Hollywood EDITION and The Harland West Hollywood. Show less
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Corcoran Sunshine Marketing Group
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United States
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Real Estate
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100 - 200 Employee
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Director of Research & Analytics
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Oct 2014 - Oct 2016
With 25 years of experience in marketing and collective sales in excess of $35 billion, Corcoran Sunshine Marketing Group is the recognized industry leader in the planning, design, marketing, and sale of luxury residential development. Representing properties throughout the United States and in select international locations, Corcoran Sunshine Marketing Group’s portfolio contains a curated collection of the world’s most desirable new addresses. With 25 years of experience in marketing and collective sales in excess of $35 billion, Corcoran Sunshine Marketing Group is the recognized industry leader in the planning, design, marketing, and sale of luxury residential development. Representing properties throughout the United States and in select international locations, Corcoran Sunshine Marketing Group’s portfolio contains a curated collection of the world’s most desirable new addresses.
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Moody's Analytics CRE
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United States
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Leasing Non-residential Real Estate
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100 - 200 Employee
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Manager, New Construction Research
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Mar 2011 - Oct 2014
Publicly traded real estate data and analysis firm providing comprehensive coverage of real estate trends across all product types nationwide, including up-to-the-week new construction data and forecasting trends up to five years in the future. Highlights: - Head of New Construction Research - Direct a two-tiered team of fourteen Analysts and Researchers within Operations - Operations & IT Project Manager for development of new company-wide database system - Directed summer high school and college intern program for the firm - Increased department data input by 50% while improving overall database quality with innovative motivation strategies and efficient quality control measures - Guided data collection process to adhere more closely with real estate capital markets clients and internal forecasting team - Created time and coverage efficiencies by developing a team restructuring program to redistribute nationwide markets and prioritize analyst activities to limit gaps in coverage and ensure the multitude of individual responsibilities were completed as required - Collaborated with other corporate divisions to create new systems to sync activities of multiple teams and improve overall quality - Effectively managed the timely delivery of periodic data collection and verification milestones to meet established publishing dates on weekly, monthly, and quarterly timelines Show less
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Shorewood Realtors
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United States
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Real Estate
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100 - 200 Employee
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Associate
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2008 - 2011
Residential brokerage and real estate consulting in the Western Los Angeles area. Highlights: - Assisted clients with long term real estate portfolio planning, including acquisitions and current portfolio management - Organized and executed property management and maintenance activities for a diverse property portfolio including routine exterior and interior maintenance, hard construction work and monitoring of properties for absentee owners - Completed financial analyses and budget planning for a diverse real estate portfolio for current and potential clients using market data and standardized property management reporting principles - Negotiated, drafted, analyzed and executed purchase, sale and lease contracts - Maintained constant communication and cultivated long-standing interpersonal relationships with a high-end client base, in addition to corporate affiliates, business and committee partners, colleagues and public officials - Increased sales volume, year over year, by $7.3MM with increased outreach to specified potential client base and streamlined contact management systems leading to higher efficiency in contact interaction - Shorewood Realtors Future Planning Committee – Handpicked by brokerage owners to a team of 25 select agents to assist in planning for the future of the firm - Shorewood Realtors' "Rising Star" Show less
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Moss Building Corporation
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Greater Los Angeles Area
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General Manager
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2007 - 2008
Construction services company specializing in the planning, budgeting and construction of single family homes, multi-unit residential properties and commercial/office space. Highlights: - Key player in the management of business including strategy development, hiring, organization and policy setting - Directly managed construction projects including design development, project buyout and contract development - Created and managed budgets and future forecasts for projects and the Corporation - Networked with industry leaders to advance the company’s name and reputation, and cultivate future project pipeline - Continually developed motivation techniques for project team members to increase performance on short timeline projects Project Participation: - Gramercy 7 Lofts; Los Angeles, CA: $2.9MM - Cottage Lofts; Los Angeles, CA: $2.2MM - Grill Duplex; Venice, CA: $900K - SoapBox Office; Burbank, CA: $525K Show less
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O&S Holdings
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Real Estate
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1 - 100 Employee
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Development Manager
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2006 - 2007
Privately held real estate firm specializing in the acquisition, ground-up development and management of mixed-use assets throughout the United States. Highlights: - Increased efficiency of project communication dynamics and team cohesion by opening flow of information vertically within the organization and laterally with consultants and affiliates; and encouraging unity of a diverse project team - Guided TI design teams in space planning for office and retail spaces, including budget development and value engineering - Participated in nationwide new project development including asset expansion, forecast budgeting and design development - Negotiated, drafted and executed contracts for architects, designers, engineers, contractors and banks - Interfaced with internal Finance, Leasing, Legal, Accounting, Tenant Services and Business Development divisions - Created and managed budgets, billing and change orders for banks, subcontractors, consultants and partners Project Participation: - Bridge Street Towne Center; Huntsville, AL: $270MM Show less
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MATT Construction
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United States
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Construction
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100 - 200 Employee
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Senior Project Engineer
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2004 - 2006
Privately held commercial construction company specializing in planning, budgeting and construction throughout Southern California. Highlights: - Completed The California Endowment HQ four months ahead of schedule and $1.2MM under budget, securing contract bonus for MCC - Directly managed 30 teams of subcontractors with innovative motivation strategies to beat overall project schedules - Negotiated, drafted and executed contracts for subcontractors, vendors and suppliers to beat budget forecasts - Developed and managed budgets, billing and change orders for subcontractors, vendors and suppliers - Directly managed construction projects on a daily basis including issues resolution, cost tracking and subcontractor billing - Worked with design team and subcontractors to develop solutions for Site, Core & Shell and TI design issues Project Participation: - The California Endowment Headquarters; Los Angeles, CA: $56MM - The Colburn School Expansion; Los Angeles, CA: $95MM Show less
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Education
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2013 - 2015
New York University
Master’s Degree, Public Policy Analysis -
University of the Pacific - Eberhardt School of Business
Bachelor of Science, Business Administration, Marketing -
Leadership Manhattan Beach
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Redondo Union High School
Community
