NEW YORK CITY—Edward A. Riguardi, known as the “Dean of Property Management,” died in Little Silver, NJ, on Monday. He was 85.

Having more than 50 years experience in the New York commercial real estate industry, he had risen to become the managing director at Jones Lang LaSalle in the New York transactions group before retiring in 2008. Prior to JLL, he was chairman at Colliers ABR, and the founder and president of Koeppel Tener Riguardi, where he created the property management group, and the firm's brokerage, consulting and appraisal businesses.

Previously, Riguardi spent 29 years at Williams Real Estate, starting in the operations and engineering department and working his way to becoming one of the firm's three senior EVPs and a member of the executive committee.

Riguardi consulted for businesses including Exxon, American Express, Bank of New York, Citibank, Equitable Life, Merrill Lynch and John Hancock, regarding asset management strategies for their real estate portfolios.

For many years, he had served on the board of governors and executive committee of the Real Estate Board of New York and received the following honors: The Bernard H. Mendik Lifetime Leadership in Real Estate Award, 2008; The George M. Brooker Management Executive of the Year Award, 1983; The Kenneth R. Gerrety Humanitarian Award, 1997; The Commercial Management Leadership Award, 2003. In 2010, REBNY renamed the Commercial Management Leadership Award, the Edward A. Riguardi Executive of the Year Award.

Riguardi served three prior mayors on real estate committees in New York and served the Realty Advisory Board as a VP, executive committee member, board of directors, and as chairman of the labor negotiating team, representing building owners.

Riguardi was the former president of the Building Owners & Managers Association of Greater New York (BOMA New York) where he was the recipient of their Outstanding Local Member of the Year Award, 1997-98.

Born and raised in Brooklyn, Riguardi held engineering, real estate and insurance degrees, and was a licensed real estate and insurance broker in New York.

He is survived by his son, Peter, chairman and president of JLL's Tri-State Region; his daughter Sarah Gerace; six grandchildren, and five great-grandchildren.

A wake will be held at the John E. Day Funeral Home, 85 Riverside Ave., Red Bank, NJ. on Sunday, March 11, with funeral services on Monday in Manhattan.

Instant Insights /

Edward A. Riguardi, the “Dean of Property Management,” Dies at 85

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