Richard Doolittle

Senior Executive Managing Director
MHP Commercial Brokerage Services

Murray Hill Properties LLC
277 Park Avenue, New York, NY 10172
646-708-9435 Direct Line
212-944-4747 Main Line
212-944-4750 Facsimile
rdoolittle@murrayhill.com
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Richard Doolittle serves as Senior Executive Managing Director of Murray Hill Properties. Mr. Doolittle is the leasing agent for 30 Broad Street, 1410 & 1441 Broadway and 509 Fifth Avenue. Prior to joining Murray Hill Properties in 2002 he was a Senior Managing Director at Newmark & Company Real Estate. Mr. Doolittle has completed leases aggregating more than $500,000,000 in revenue.

His vast experience in negotiating hundreds of leases has made him an expert in the comprehension and dissemination of each aspect of a leasing transaction. His corporate client list includes: GE Capital; International Longshoremen’s Association; New York Shipping Association; Citibank; Republic Bank; U.S. Trust; North Island Group; Pantone, Inc.; Atlantis Insurance; Transamerica Insurance; Market News Service; Empire Office Equipment; Dublirer Haydon, Esq.; Wilentz, Goldman & Spitzer; Weitz & Luxenberg; Abrams, Gorelick, Friedman & Jacobson, PC; Wade Clark Mulcahy and many other law firms.

Mr. Doolittle is also an accomplished landlord’s agent he presently oversees a portfolio of four buildings totaling over two million square feet. The buildings are located both in midtown and downtown Manhattan. He has been the leasing agent on 20 different buildings in his career. Taking advantage of his market knowledge and creative marketing ideas, he has successfully decreased the vacancy rate in every building.

Mr. Doolittle has been is well recognized for his achievement in 1988 for leasing the entire available 135,000 square feet of space available at 55 Wall Street in nearly three months. This was during a period when few transactions were being consummated in the financial district due to the stock market crash in 1987. He also leased 600,000 square feet of available space at 17 Battery Place in the late 1980s to NYANA and the City of New York, bringing the vacancy rate of this 1.2 million square foot complex to less than 10%. In 1992 he was hired as the leasing agent for both 111 & 115 Broadway. 115 Broadway was 100% vacant at the time. Implementing a pre-built program in a two-year period he reduced the vacancy rate to 2% on both buildings. In his 12 years as the leasing agent, both buildings never had less than a 5% vacancy rate and one was selected Building of the Year by BOMA in 2000.

In June of 2010 he was appointed the leasing agent for 1410 & 1441 Broadway, two buildings owned by Leon Charney. Mr. Charney has never hired a leasing agent in his 30 years as owner. Mr. Doolittle has rented over 95,000 rentable square feet to new tenants at 1410 & 1441 Broadway. The occupancy rate for 1441 Broadway is now 100% and 98% at 1410 Broadway. This accomplishment is well recognized in the fashion district.

His experience as an owner’s representative has given him extensive knowledge in the areas of construction costs and management and lease negotiations. His ability to identify hidden profit centers for landlords is a unique benefit for his clients and has resulted in substantial savings in tenant representation.

Mr. Doolittle received a B.A. in Marketing from Tampa University.