With a widely varied professional career that includes investment banking, photography, property ownership, business start-ups, real estate finance, and money management, Larry’s broad experience makes him uniquely qualified to manage the complexities inherent in New York real estate. Larry, who is the company’s co-principal broker and President, is actively involved in all areas of the company’s direction including business development, branding, advertising, website development and recruitment. In addition, Larry is readily accessible to all the agents for consultation and guidance when needed.
Larry’s real estate experience includes a broad range of rentals, sales, finance and development activity. As part of Merrill Lynch’s real estate investment banking division, Larry was actively involved in numerous IPO and capital market transactions responsible for raising over $1 billion. His experience includes everything from apartment rentals to commercial leasing to townhouse and development property sales. He has consulted and worked with several large real estate developers on condo and mixed-use projects in both Manhattan and Brooklyn.
As an avid traveler and professional photographer, Larry has visited and worked in over 50 countries worldwide. With an open mind, easy-going attitude and insatiable curiosity, he thoroughly enjoys the challenge of managing Level Group and its entrepreneurial group of agents.
Michael is a well-known member of the New York real estate bar with years of real estate deal-making experience. During a long career as an attorney with major firms in Philadelphia and New York, Michael has played a central role in the structuring, negotiation and closing of major deals, including a single deal involving more than 5,000 units of multifamily housing located in 52 properties across 14 states. His legal experience includes national office and retail leasing transactions, joint ventures, development projects, property acquisitions and sales, and complex real estate financings.
Michael founded Level (under the name Pari Passu) in 2004 in the belief that a real estate brokerage firm offering a simple, agent-friendly fee structure could succeed in New York. Since that time, Michael and Level Group’s co-owner and President, Larry Link, have grown Level to more than 220 agents and brokers who have closed billions of dollars of New York real estate sales and rental transactions.
Michael has brought to Level national real estate experience and a set of legal, brokerage and development skills not found at other firms. He makes those skills and experience available to the company’s agents in his dual role as the company’s principal broker and general counsel. Michael spends significant time advising the company’s agents and is often seen in the company’s Midtown offices talking with agents about their deals and offering advice. Michael also is an experienced multifamily developer and the head of the healthcare non-profit Riverspring Health’s real estate committee. Riverspring’s real estate holdings include the 32-acre Hebrew Home campus in the Bronx’s Riverdale neighborhood.
Michael Barbolla’s gift for growing organizations and 30 years of management experience make him the perfect fit for the role of Level’s chief operating officer. With a well-earned reputation for mentoring and being a resource for residential real estate agents, Michael enjoys working closely with brokers and helping them build their businesses.
As COO, Michael manages its day-to-day operations and heads up the residential division. In addition, he is the leader in charge of the firm’s public relations program, external relations and recruitment efforts.
Michael comes to Level with an impressive professional background. His 15 years of real estate experience began at The Corcoran Group, where he specialized in the sale of Manhattan cooperatives and condominiums. Michael then served as managing director at CitySites Real Estate Group where he was responsible for operations of the firm’s downtown office as well as oversight of the company’s agents and support staff. He also headed marketing and recruiting efforts at CitySites.
Beginning in 2006, Michael played an integral part in the establishment of Charles Rutenberg, LLC. Starting out as the general sales manager, and then promoted to the chief operating officer position, he was a prime mover in the company’s rapid expansion.
Michael is an active member of the Real Estate Board of New York, sitting on the association’s managers and membership committees. He holds a bachelor’s and master’s degree from The College of Saint Rose in Albany, NY.
Feel free to contact Michael at [email protected] to learn more about Level and opportunities at the firm.