Professional Expertise

Richard Eaddy is an Executive Managing Director in Savills New York office. His extensive background in real estate development and municipal arenas provides him with a keen understanding of the development process and how to strategically navigate through its complexities.

Mr. Eaddy has over 35 years of experience in real estate, and ten of those years he spent holding full-time state and city-appointed government offices: project manager for the Grand Central Terminal redevelopment from 1992 to 1996, Executive Director and Chief Executive Officer of Harlem CDC from 1996 to 1998, and Deputy Borough President of the Bronx from 1998 to 2001.

While at Savills, Richard has advised numerous clients in site searches, leasing, purchases, and dispositions of real estate, including the United States Postal Service, City University of New York, NYC School Construction Authority, National Urban League, National Jazz Museum of Harlem and numerous commercial clients. Richard’s career also includes numerous positions in the private and nonprofit sectors, where he has managed commercial projects and initiatives throughout New York City, as well as been involved with various real estate projects nationwide.


Awards, Achievements and Activities

Appointed by Mayor Bloomberg, Richard served as a member of the NYC Planning Commission for 20+ years. He is currently a Director of the NYC IDA/Build NYC Recourse Corp. and serves on the board of numerous civic and philanthropic organizations, including the Skyscraper Museum, the Community Service Society of New York, the Bowery Residents’ Committee (BRC), Union Theological Seminary, and Woodlawn Cemetery. Richard is a member of the Real Estate Board of New York (“REBNY”) and was a co-recipient of REBNY’s 2020 Edward S. Gordon Memorial Award for Most Ingenious Deal of the Year. He also chairs its Ethics and Professional Practices Committee.