Richard Chera has over 20 years of experience in leading large real estate transactions and retail development, branding assets and integrated technologies. He is a co-founder and serves as senior managing director of Crown Acquisitions Inc., or Crown, a New York-based holding company with extensive holdings in real estate and branding assets.
Richard Chera, our chief executive officer, has over 20 years of experience in leading large real estate transactions and retail development, branding assets and integrated technologies. He is a co-founder and serves as senior managing director of Crown Acquisitions Inc., or Crown, a New York-based holding company with extensive holdings in real estate and branding assets. At Crown, Mr. Chera has executed several marquee transactions, including the acquisition of 650 Madison Avenue from the Carlyle Group, the sale of the retail portion of 666 Fifth Avenue, the acquisition of the Olympic Tower at 641 Fifth Avenue and the adjacent Versace and Cartier mansions from an affiliate of the Alexander S. Onassis Public Benefit Foundation.
Demonstrating relationships and strategic partnerships, Crown, co-led by Mr. Chera, has acquired an interest in the successful retail portion of the Wynn Hotel in Las Vegas. Mr. Chera and the team at Crown remain active in all aspects of executing the business plans on all of its acquisitions, ensuring to foster long-term and sustainable growth. Most recently, Crown has acquired a significant portfolio of assets on New Bond Street in London and interests in Vornado Realty’s New York retail portfolio.
In addition to his duties at Crown, Mr. Chera co-founded ReWyre®, a technology aggregator and intelligent city master planner based in New York City. By way of his holdings in Crown Star, a U.K.-based company, ReWyre® collaborates on projects in the U.S. and Canada with design and engineering firms based in Europe and Asia to design “smart” cities for the future.
Furthermore, Mr. Chera serves on the boards of various non-profit organizations that focus on public health, children’s and seniors’ services, as well as business growth opportunities for entrepreneurs. Mr. Chera attended New York University’s Stern School of Business and The Sanno Institute in Tokyo, Japan.
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