Kostas Koutsothanasis
Kostas is the Chief Operating Officer at RockFarmer Properties, Douglaston Realty Management Corp. and its affiliates.
Kostas joined RockFarmer Properties in 2016. He is responsible for leading and executing the company’s strategic business policies, financial reporting, investor relations, building operations and he oversees the administrative support of the companies. Prior to joining RockFarmer/Douglaston he was at Blackstone and George Comfort & Sons.
While at George Comfort & Sons, Kostas oversaw the day-to-day accounting operations & investor reporting for various REITs, pension funds and private equity firms of approximately 6 million SF institutional class A quality office buildings in the tri-state area. Working in concert with the firm’s asset management team, Kostas lead the accounting team in the refinancing of approximately $2.3 billion mortgages, the partial $1.45 billion sale of Worldwide Plaza, and $800M in acquisitions. Some notable trophy properties that Kostas worked on include Worldwide Plaza, NYC (2M SF), 200 Madison Avenue, NYC (750K SF), 757 Third Avenue, NYC (500K SF), The Centre at Purchase (1M SF) & Shippan Landing, CT (780K SF).
While at Blackstone, Kostas carried out all aspects of GAAP & Tax reporting, compliance and for large, class A office, hotel and multi-family portfolios for the GP of funds BREP I BREP II, BREP III ($1.5B), BREP IV ($2.2B), BREP V ($5.25B), BREP International (€800M), BREP International II ($2.01B), BRE Distressed Debt ($3.25B). Kostas was proud to have participated in the $4.1B Initial Public Offering of “BX” through the preparation of various historical financial statements and supporting schedules.
Kostas is a graduate of St. John’s University. He serves as Board President of the 82nd Street Partnership, an award-winning neighborhood development organization serving Jackson Heights and Elmhurst, Queens. Additionally, he serves as President on the Parish Council of his church. Kostas led the fundraising and capital improvement effort. He successfully raised over $2.5M towards this project. In his spare time, Kostas enjoys large-format cooking and deep-sea fishing; he lives on Long Island with his family.