MEET THE TEAM
Co-Founder and Managing Principal of RockFarmer Properties
George Michelis has been in the real estate industry for over a decade, directing RockFarmer Properties’ business development, financial performance, and strategic planning. As the Managing Principal of the company’s development, funding, financing properties, and management services, George ensures that the success of our partners, investors, and clients remain a top priority. Today, the company’s investment and management portfolio includes over fourteen hundred residential and commercial units worth over $400 million. George Michelis is also a Managing Principal of Douglaston Realty Management Corp. (“DRMC”), the company’s property management affiliate.
George is a member of eight co-op and condominium boards in New York City, affording him special insight into the inner workings and complexities associated with both the ownership and management of this unique type of real estate, and the strategies that provide for their long-term growth and sustainability.
George is also the Managing Principal of MP Property Group II and III and Douglaston Equities Opportunity Fund II and III, entities that own numerous residential, commercial, and mixed use properties.
An active community philanthropist, George is the founder of the Hellenic American Educational Foundation, which sponsors and funds educational and athletic programs for children. He is a graduate of Hofstra University with a BA in Finance. Prior to his involvement in real estate, George worked on Wall Street for eight years and became a partner at Schonfeld Securities.
“New York represents a constantly changing landscape of opportunity. But I think when you understand lifestyle and can anticipate people’s desires, sometimes even before they do, you’re headed in a good direction.”
Co-Founder and Managing Principal of RockFarmer Properties
John Petras has overseen asset management and strategic planning at RockFarmer Properties since 2006. His career in New York real estate has afforded him special expertise in the identification of investment opportunities, property analysis, negotiations, financing, and closings. Today, the company’s investment and management portfolio includes over fourteen hundred residential and commercial units worth over $400 million. John Petras is also a Managing Principal of Douglaston Realty Management Corp. (“DRMC”), the company’s property management affiliate.
As a member of the Board of Directors for seven cooperative and condominium buildings, John has honed the skills to navigate the various levels of complexities that complicate these types of assets in order to maximize their investment potential.
John is also the Managing Principal of MP Property Group II and III and Douglaston Equities Opportunity Fund II and III, entities that own numerous residential, commercial, and mixed use properties.
John is the former president of the Westbury Business Improvement District and sits on the current board of the Hellenic American Education Foundation. He holds an MS in Finance from NYU and a BS in Accounting from Long Island University/CW Post. Prior to his work at RockFarmer Properties, John was president and CEO of Alexis & Gianni Retail, Inc.
“Relationships are key, whether between landlord and tenant or investor and developer. It’s about outlining expectations and managing them proactively.”
Founder, Douglaston Realty Management Corp and Special Investment Advisor to RockFarmer Properties
Gregory founded Douglaston Realty Management in 1977, a property management firm and established a team to capitalize on the many underutilized, undervalued properties he encountered as a licensed real estate broker in New York City.
Through savvy investments, excellent banking relationships, and strategic investment partnerships, Gregory grew Douglaston into the real estate leader it is today, with over 2,000 units under management.
Gregory oversees strategic direction, property acquisitions, investment partnerships, and building inspections. Gregory also sits on RockFarmer’s Investment Committee and provides keen insight utilizing his vast experience.
Gregory was one of the initial founders of Marathon Bank and served on its Board of Directors since 1990 up until December 2012 when the bank was acquired by Investors Bank.
His foresight and insight have yielded exceptional returns for RockFarmer’s investment clients. He credits the company’s success to a unique vision, seizing opportunities in the market, providing an enhanced living experience for tenants and owners, and uplifting neighborhoods and communities along the way.
“I’ve been doing this for over 40 years, and I’ve seen a lot. The fundamentals don’t change. Identifying minimally distressed portfolios in great locations presents a tremendous upside to us.”
Chief Operating Officer & Controller
RockFarmer Properties and Affiliates
Kostas Koutsothanasis is the Chief Operating Officer & Controller at RockFarmer Properties, Douglaston Realty Management Corp and its affiliates.
He joined the team in 2016 and is responsible for strategic business policies, financial reporting, human resources, all phases of building management, investor relations and administration support of all operations of the companies.
Prior to joining RockFarmer/Douglaston he was at Blackstone and George Comfort & Sons. He graduated from St. John’s University with a Bachelor of Science in Accounting.
“’We are what we repeatedly do. Excellence, then, is not an act, but a habit.’ – Aristotle”
Asset Manager, RockFarmer Properties and affiliates
Steve Boudourakis serves to carryout investment objectives for the Greater New York region. Steve’s experience managing, Multifamily, and Commercial asset classes spans over 18 years. As a manager, he’s executed numerous multi-million dollar repositioning projects, including CAP EX investment projects within opportunistic and value-add investment property. Steve’s intimate knowledge of the New York real estate market, leasing, building systems, and regulatory agencies, enables him to further enhance the results of the portfolios he oversees.
Prior to joining RockFarmer’s affiliate Douglaston Realty Management Corp, Steve was Broker and Owner of a Weichert Realtors franchise which sold and managed properties in Brooklyn from 2006 until 2013.
Steve was awarded his CPM designation by the Institute of Realty Management in 2015. He received his B.B.A. and M.S. in Marketing Management from the Zicklin School of Business at Bernard Baruch College.