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Tommy Craig leads the Hines New York Regional Office. Since joining Hines in 1982, Mr. Craig has been involved in a variety of development projects and transactions aggregating approximately 16 million square feet, and has been directly responsible for project development and transactions valued in excess of $7 billion during this period. He has led the Hines New York office, covering New York, New Jersey and Connecticut, since 1996.
During this time he has served as Senior Project Officer for the development or development management of several high-profile and complex projects in the tri-state region. Among these are the development of 7 Bryant Park, a 28-story tower designed by Henry Cobb and Yvonne Szeto of Pei Cobb Freed, located at 1045 Avenue of the Americas, between 39th and 40th Streets, the Museum of Modern Art West site at 53 West 53rd Street; 31 West 52nd Street a 700,000 square-foot commercial building in Midtown Manhattan; 610 Lexington Avenue, a 275,000 square-foot residential and hotel assignment for RFR Properties involving air rights transfer from the landmarked Seagram's building, and One Jackson Square, a boutique luxury residential condominium project in the West Village. In addition, he led the teams for two Morgan Stanley commissions: 745 Seventh Avenue, a 1 MSF building in the Times Square district, and 2000 Westchester Avenue in Purchase, New York, a 1.1 MSF redevelopment. The 500,000 square-foot Royal Bank of Scotland headquarters, the 600,000 square-foot UBS project, 225 High Ridge Road in Stamford, CT, and 30 Hudson, a 1.5 million-square-foot tower for Goldman Sachs in Jersey City, NJ were all completed as build-to-suit projects.
He led the acquisition of four properties in New York City totaling 1.2 million square-feet: 425 Lexington, 499 Park Avenue, 600 Lexington and 750 Seventh Avenue as well as two premier properties in Greenwich CT - 55 Railroad Avenue, and 33 Benedict Place. Mr. Craig led the successful disposition of 55 Railroad Avenue in 2004, 600 Lexington Avenue in 2010, 750 Seventh Avenue in 2011 and 10 East 53rd Street (underway).
As project officer, he was responsible for advising a consortium of banks on the disposition of two large-scale Manhattan projects in the mid-1990's: Worldwide Plaza and 1585 Broadway, currently Morgan Stanley's world headquarters.