NEW YORK CITY—Tal Kerret has been appointed president of Silverstein Properties. Having joined the developer back in 2011 as EVP, the promotion isn't Kerret's first at the firm: he was named CIO in January 2013.
The company Monday also announced that Mickey Kupperman has been named vice chairman and Janno Lieber and Robert Vecsler have been appointed to the company's investment committee.
In his new role, Kerret will be responsible for managing and monitoring the company's portfolio of assets, devising strategies for growth and acting as a liaison with investors. He also will oversee some of the day-to-day operations of the company.
“While I'll be focused some more operational tasks, I'll be working not just on investment but also new deals both locally and globally,” Kerret tells GlobeSt.com. “We see a lot of momentum in the US, the economy is recovered, we're in china and as well as other countries like Poland. We're looking for the right opportunities where we can have a big impact.”
He adds, “We're less interest in small projects because the overhead in management is similar to a much larger project, so we prefer to have a larger footprint.”
Company founder and chairman Larry Silverstein says, “I am delighted to appoint Tal to the position of president. Over the past four years, he has proven himself to be an outstanding professional and a great asset to our company. Even as the leadership of Silverstein Properties is undergoing a professional transition under our CEO Marty Burger, we continue to be a family company.”
Adds CEO Marty Burger, “Tal has done an incredible job creating new business opportunities, managing the company's investments and attracting outside investors. I look forward to continuing our work together to grow and expand Silverstein Properties at home and overseas.”
Kerret will continue to work closely with Silverstein Properties CEO Marty Burger and COO Mickey Kupperman.
“I hope Mr. Silverstein, Marty and Mickey know how excited and thankful I am,” Kerret tells GlobeSt.com. “We are a strong team—working with them is a pleasure and a lesson every day. I look forward to continuing my work overseeing investment activity, as well as growing the company and its businesses for many years to come.”
Kerret launched Silver Suites Offices at 7 World Trade Center, and oversees Silver Suites Residences at Silver Towers and at Beekman Tower. Prior to joining Silverstein Properties, Kerret was chairman, CEO and co-founder of two technology and media companies.
Currently, Mickey Kupperman is the COO of Silverstein Properties, and is responsible for the day-to-day operation of the company as well as developing a corporate strategy for the future. World Trade Center Properties president Janno Lieber manages all aspects of the Silverstein organization's efforts to rebuild at the World Trade Center site.
As EVP, Vecsler works closely with Burger to lead the company's acquisition efforts and oversees residential developments including 30 Park Place Four Seasons Private Residences New York, Downtown, and at One West End.
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Rayna Katz
Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.
