Bruce Spiegel is stepping down after nearly 40 years with Rose Associates.
The company announced that Spiegel, senior managing director of retail and commercial services, will retire at the end of this year.
Spiegel has worked at Rose Associates for 37 years focusing on commercial real estate and overseeing the leasing of assets owned by the firm and its many clients.
“Bruce has had a distinguished career at Rose that has spanned almost four decades. As Senior Managing Director, he has skillfully overseen the leasing of a variety of retail, office, and garage space across New York City,” said Amy Rose, president and CEO of Rose Associates. “On behalf of Rose’s past and present leadership, I want to congratulate Bruce and thank him for his hard work, loyalty and accountability. He has had a positive impact on our firm and the commercial real estate industry in New York City.”
Spiegel joined Rose Associates in 1985 after being contacted by an executive recruiter. Over the course of his career, he worked on the firm’s office, retail and garage portfolio in Washington, DC and Westchester County as well as its commercial assets in New York City.
“I feel fortunate to have worked at Rose, to be part of a company with such an outstanding reputation, and to play a part in the success of so many excellent properties,” said Spiegel.
“Throughout my tenure, the Rose family made me feel as if I was a partner in the firm, not just an employee. They consistently provided me both the support and empowerment that enabled me to get deals done. The professionalism throughout the organization is something I will always be grateful for, and the same goes for the lasting relationships I’ve built over the years with a variety colleagues and tenants.”
With a Master’s Degree in Reading and Literacy, Spiegel started his professional life as an educator. He worked in multiple high schools during years that were trying due to New York City budget cuts in the 1970s. He taught five classes a day of 37 to 40 students from multi-cultural backgrounds and, as a result, learned to “think on his feet.”
Spiegel claims this turned out to be useful training for the world of real estate negotiations. During a summer break, he got his real estate license and began working in the industry on evenings and weekends renting residential properties.
Drawn to the commercial side of the industry, he quickly developed a leasing expertise working on developments with retail and commercial components.
Spiegel is a longtime member of the Real Estate Board of New York Store Committee and the International Council of Shopping Centers. A resident of Manhattan’s Upper East Side, he recently became a first-time grandfather to two little girls who were born just five days apart.