NEW YORK City—Eastern Consolidated has rehired Ron Solarz—a 29-year industry veteran— as an executive managing director and principal. Over the course of his career, Solarz has arranged more than $6 billion in transactions for the sale and acquisition of commercial property and land throughout the five boroughs.

He first joined Eastern Consolidated in 1994 and became a principal in 2000, the position in which he remained until 2011. Solarz moved onto Brookfield Financial which, according to a spokesman, “he loved, but Eastern Consolidated is just a better fit.”

Having returned to Eastern Consolidated, Solarz will continue to specialize in commercial property and land sales throughout the city, representing institutional investors, hedge funds, and private investors. 

“Ron is one of the most dynamic sales brokers in the City and an asset in every sense of the word,” declares Daun Paris, president, Eastern Consolidated. “He has always been a professional, a gentleman, and a true friend. We are thrilled to have him back.” A Brookfield spokeswoman says the firm wishes Solarz well.

Adds Solarz, “Eastern Consolidated has a tremendous team run by great people, and has only grown in scope and size,” Solarz said. “They are a New York-centric firm and I'm a New Yorker through and through. I'm looking forward to getting back to what I do best.”

Solarz has extensive experience in the disposition of all asset classes ranging from development site assemblage to the sale of major office and apartment buildings, loft/office buildings for condominium conversion, retail condominiums, hotels, occupied packages, as well as mezzanine and equity placement.

?Among his most notable transactions, Solarz arranged the $210 million sale of 240 E. 27^th St.; the $110 million sale of 28 E. 10^th St,; the 99-year net lease for a 200,000-square-foot residential development site at 200 Amsterdam Ave.; the $125 million land sale of 160 W. 62^nd St., a 400,000-square-foot residential development site and the $66 million development site at 510 W. 22^nd Street. In total Solarz has arranged more than 90 development site sales.

Throughout his career Solarz also has received numerous awards, including CoStar's “Power Broker” honors five times and Eastern Consolidated's “Broker of the Year” award in 2003 and 2006.

Prior to his original tenure with Eastern Consolidated, Solarz was president of Solarz Realty, a Manhattan based real estate brokerage and investment firm.