D. Patrick Pryor Email & Phone Number

New York, New York, Us

Responsible for all aspects of Sotheby’s real estate portfolio including acquisition & disposition, facilities management, leasing and project management. Executed Purchase & Sale Agreement to acquire historic Breuer Building from the Whitney Museum. Due to the timing of current tenant, deal will close Q4 2024. Developing plans to redesign the museum as new exhibition and auction house space. Design includes adding new freight elevator, VIP boxes, and movable partition system to maximize linear square footage during Marquee Exhibitions.Negotiated 30+ year two phase lease of 5 floors valued at over $700MM as part of overall repositioning of real estate portfolio. Transaction involved converting current owned building to condo structure so that tenant could take advantage of tax exemptions. Completed restack and cleared two floors as part of Phase 1 turnover.Completed $82MM purchase of 240,000 SF mixed use warehouse and office tower in Long Island City. Completed construction of new warehouse to consolidate art storage from four locations to one. Developing plans for new office space to provide more economical people space. Post close refinanced asset for $50MM. Successfully outsourced inhouse engineers, trades and mailroom to outsource providers to provide more staffing flexibility and increase purchasing power with Integrated Facility Management company.Renegotiated multiple facilities management contracts to provide over $2MM in savings while also increasing service levels and KPI requirements. Leased and built-out galleries in East Hampton, Palm Beach, Los Angeles and Aspen to improve private sales division ability to connect with clients. Leases were below market and construction was on time and under budget. Assisted finance department on $450M+ refinancing of owned asset in New York City providing capital while ensuring flexibility for changes in long term real estate strategy.

Zurich, Ch

Responsible for all corporate service functions for over 9 million square feet of space in over 350 locations.Areas of responsibility include: Travel Management, Food and Conference Services, Records Management, Office Services, Reception Services, Hospitality, Fitness, Corporate Card Program, Reprographics, Mail, Messenger, and Data Analytics.Manage staff of 17 employees and over 400+ external staff over 5 corporate locations in New York City, NY, Weehawken, NJ, Stamford, CT, Chicago, IL, and Nashville, TN. Additionally support 300+ branch locations remotely.Co-Leading project to transform 110,000 square feet of office and amenity space to workspace of the future. Working with WeWork Enterprise to transform space to improve recruitment, retention, innovation and productivity. Redeveloping amenity floor with flexible conference center facility with 250 person auditorium. To foster culture transformation we will be adding a new coffee bar, juice bar, cooking school, game room, meditation area and flexible meeting space throughout. Relocated outdated fitness center and created new Mind-Body-Wellness facility to provide state of the art total health transformation center. Increased membership by 70% (425 to 730) and reduced subsidy by 35%.Implemented new point of sale (POS) system in all Café’s and Grab and Go locations to enable cashless/cashier less transactions. Developing program for desktop and app based ordering systems to speed transactions and improve employee experience.Rolling out new online booking tools for Travel and Car Service to increase content that will give more commercial look and feel.Utilizing new analytics tool, Predict X, which provides comprehensive reporting of Corporate Services functions including pre/post travel reporting, catering utilization, car service, and full T&E reporting from SAP.Representative on Global Group COO People CommitteeMember of Corporate Advisor Boards for Delta Airlines and American Express.

Zurich, Ch

Manage team of financial analysts who are responsible for developing capital requisition requests and tracking all real estate capital projects. Responsible for overview of $52M services direct operating budget, $500M real estate run-rate and $200-400M annual real estate capital budget.Coordinated regional portion of global CREAS initiative to reduce real estate and services costs by $1B from $2.7B to $1.7B. Americas reduction from 2008 to 2013 was approx. $370M.Implemented new PLAN tool for development, fund requisition and tracking of all real estate capital projects. Developed in-house and adopted as global solution.Design financial models and develop presentations for Senior Management review for both real estate and non-real estate initiatives. Projects include $200M Tri-State Real Estate Consolidation, $240M Data Center development, renovation of cafeteria and conference facilities at Stamford/Weehawken, mail services outsourcing, and various branch real estate expansions/renovations. Provide strategic, tactical and analytical direction for business area while focusing on and identifying innovative ways of improving service levels, communication, transparency, and efficiency at a macro and micro level.

New York, Ny, Us

Managed worldwide space and occupancy budgeting, forecasting and reporting for 100 Morgan Stanley buildings in 28 countries totaling $800M in annual expense.Controller for Capital Expenditure Review Committee (CERC). Responsible for evaluating financial impact of all global real estate capital expenditures. Project range $50K-$100M.Implemented improvements to the budget process to provide business units with direct and allocated budget at the cost center level.Directed regional controllers in development of $3.6B firm wide total lease commitment footnote presented in annual report.Member of Global Corporate Real Estate (GCRE) Committee. Met monthly with the heads of real estate for the four regions (Americas, Europe, Japan, and Asia Pacific) to better leverage real estate resources and provide peer benchmarking.Generated monthly, quarterly and annual reporting packages for variance reporting by location and expense category. Consolidated quarterly firm wide space reporting package and reviewed issues and variances with Chief Strategic Officer.

New York, Ny, Us

Underwrote range of insurance lines including Directors and Officer, Errors and Omission and Professional Liability Insurance for a client base consisting of North America’s largest financial institutions.Provided financial analysis and researched business operations of banks, insurance companies and investment advisors to evaluate underwriting risk.Partnered with brokers to negotiate creative policy terms and pricing to meet client’s needs.

Mba, Finance

Bachelor Of Arts (B.A.), Economics & Political Science