30 Under 30 of NYC’s Rising Real Estate Stars: Josef Yadgarov

 

 

Josef Yadgarov (27)

Salesperson, Wexler Healthcare Properties Team, The Corcoran Group

 

Take two pens, and sign the leases in the morning.

 

That could be Joseph Yadgarov’s motto. He recently negotiated a lease for North Shore-LIJ Health System for a 6,000-square-foot medical condominium unit owned by the Simone Healthcare Development Group on the Upper East Side. He and Paul Wexler, who hired Mr. Yadgarov as an administrator when he was a college student, were the lone brokers in the 10-year deal.

 

Also, Mr. Yadgarov helped complete the medical repurposing and leasing of Extell Development Company’s 20 East 46th Street. He and Mr. Wexler leased more than 40,000 square feet within a two-year time frame at the building. The 94,433-square-foot building, which is 100 percent occupied, is primarily leased to medical tenants. As jewelers move out, they are replaced with medical tenants.

 

While Mr. Yadgarov wanted to become a real estate attorney, once he started working for Mr. Wexler, he caught the healthcare brokerage bug.

 

“Initially I was doing admin stuff in the office, slowly learning the business and [six years ago] I transitioned into the brokerage role,” Mr. Yadgarov said.

 

What Mr. Wexler had built “intrigued,” Mr. Yadgarov, and he “felt this could be it for the long run.”

 

Mr. Yadgarov likes having the healthcare specialty, rather than being more of a generalist. Since the beginning of the year, Mr. Yadgarov has completed 16 medical office purchases and leases, totaling approximately 60,000 square feet. He currently has more than 80,000 square feet of healthcare lease and sales deals under contract.