- Law Firm Practice Group
Michael Colacino was named president of Studley (now Savills Studley) in 2002. He has served as a consultant, strategic planner and provider of specialized brokerage services.
In 2004, Michael worked on the 520,000-square-foot lease that relocated Wall Street law firm Cadwalader, Wickersham & Taft to One World Financial Center, the largest transaction in proximity of the World Trade Center site since 9/11. Other major law firm assignments on which he has worked include Patterson, Belknap, Webb & Tyler, Willkie Farr & Gallagher, Kaye, Scholer, Fierman, Hays & Handler, Jones Day, Pillsbury Winthrop and Covington & Burling LLP all of which were in excess of 150,000 square feet.
His corporate clients have included Time Warner, for which he served as broker on its acquisition and development of the Columbus Circle site.
Michael has participated in a number of media industry assignments for clients that include NBC, Warner Brothers, CNN and New York 1 News. These projects have included development feasibility analysis, operations reviews and brokerage. Michael has also worked on headquarters relocation projects for Westvaco Corporation (a Fortune 500 manufacturing company) and 24/7 Media (a publicly traded internet firm).
Activities & Achievements
Michael serves on the Real Estate Board of New York’s (REBNY) Board of Governors and the Advisory Board of the Zell-Lurie Real Estate Center at Wharton. Michael is also active in the Harvard Real Estate Academic Initiative. He has been published in Industrial Engineering, Real Estate Forum and Real Estate Review, in which his article “Monte Carlo Simulation: Stochastic Contracting in Landlord and Tenant Lease Portfolios” appeared. In 2012, Michael was honored by the Harlem Educational Activities Fund at their annual benefit dinner.
Michael graduated cum laude from Harvard College, class of 1979. He has been on the faculty of New York University, from which he has a M.S. in Real Estate and from which he graduated first in a class of 180. In 2008, he received the NYU Real Estate Institute’s Distinguished Alumni Award. He has also studied operations research and statistics at the graduate level at NYU’s Stern School.