Head of Development
Richard T. Monopoli oversees all development activity for Boston Properties’ New York region. Since joining Boston Properties in 2005, Mr. Monopoli has built or redeveloped over three million square feet of office and mixed-use projects and has secured an additional two million square feet of development rights. Notable projects include the negotiating for the creation of new air rights parcels to allow for the redevelopment of the Hancock Garage and Back Bay MBTA Station in Boston, Massachusetts, the assemblage of development parcels and creation of a new zoning overlay district for CityPoint in Waltham, Massachusetts, obtaining development rights to allow for the construction of The Broad Institute’s state-of-the-art research facility at 75 Ames Street in Cambridge, Massachusetts and the redevelopment of 601 Lexington Avenue in New York.
Prior to joining Boston Properties, Mr. Monopoli was a Vice President of Acquisitions at LaSalle Investment Management where he sourced and closed over two hundred million dollars of core and value-add transactions. Mr. Monopoli also spent five years as a consulting structural engineer with Simpson Gumpertz & Heger with a focus on building envelope technology and forensic engineering.
Mr. Monopoli is a member of the New York District Urban Land Institute’s Advisory Board and a co-chair of the Urban Design and Mixed Use Product Council. He is a registered Professional Engineer in Massachuetts and California and is a CFA Charterholder. He is a frequent panel member at industry events and has guest lectured at the Kellogg School of Management.
Mr. Monopoli received a Bachelor of Science in Civil Engineering from Carnegie Mellon University in 1993, a Master’s of Science in Civil Engineering from the University of California, Irvine in 1994, and a Master’s Degree in Business Administration from the Kellogg School of Management in 2002.