Tag: Ridgewood NJ

There’s a real conflict if he is voting on things or even commenting on things that could affect his clients or potential clients. He can add his comments from the podium along with the rest of us. Did the council know he was actively involved in real estate projects in Ridgewood when they appointed him? What the hell were they thinking????

Even if he currently does not do business with these firms he may hope to work with them in the future.
He should enter the discussions because of his experience but he should not vote.

Thurston is not afraid of developers . . . he IS a developer.

Mr. Thurston has been active as a Real Estate Professional for over 30 years. After graduating from Law School in 1982, Mr. Thurston spent two years in Dallas, Texas practicing real estate law. He then moved back east and spent the next four years practicing real estate law in Philadelphia and Manhattan at the law firms of Morgan, Lewis & Bockius and Shea and Gould. In 1987 he left legal practice and joined The Binswanger Company headquartered in Philadelphia where he managed the National Industrial Brokerage Group for four years and then the International Group for the next five years. He then joined NAI in New Jersey and managed the Corporate Services Group for two years. He was recruited to start up and manage the National Office Sales force at Equis Corporation. He moved to Marcus & Millichap in 1999 to manage the New Jersey office. He is a Director in the Company’s National Office and Industrial Properties Group and in it’s Net Lease Properties Group and specializes in the sale of Retail, Office, and Industrial Properties in New York, New Jersey, Northern New Jersey and Bergen County and in Single Tenant Properties Nationwide.

David Thurston’s background certainly gives him an interesting perspective in all of this. Since he is involved in the sale of commercial real estate in Ridgewood, should he recuse himself from these discussions? Is there potential conflict of interest” Or does he bring years of valuable experience to the table? Interesting.

“Marcus & Millichap has brokered the sale The Lincoln Building, an office property at 45 N. Broad St. in Ridgewood. The 24,000-square-foot multi-tenant property sold for $3.9 million. David Thurston of Marcus & Millichap’s New Jersey office represented the seller, a partnership, and secured the buyer, a local limited liability company.”

“Mr. Thurston has been active as a Real Estate Professional for over 30 years. After graduating from Law School in 1982, Mr. Thurston spent two years in Dallas, Texas practicing real estate law. He then moved back east and spent the next four years practicing real estate law in Philadelphia and Manhattan at the law firms of Morgan, Lewis & Bockius and Shea and Gould. In 1987 he left legal practice and joined The Binswanger Company headquartered in Philadelphia where he managed the National Industrial Brokerage Group for four years and then the International Group for the next five years. He then joined NAI in New Jersey and managed the Corporate Services Group for two years. He was recruited to start up and manage the National Office Sales force at Equis Corporation. He moved to Marcus & Millichap in 1999 to manage the New Jersey office. He is a Director in the Company’s National Office and Industrial Properties Group and in it’s Net Lease Properties Group and specializes in the sale of Retail, Office, and Industrial Properties in New York, New Jersey, Northern New Jersey and Bergen County and in Single Tenant Properties Nationwide.”