New York real estate pioneer dies

Julien Studley, a pioneer in representing tenant interests in commercial real estate and the publisher of a ground-breaking report about New York property, has died, his former company said. He was 88. Studley arrived in New York at 16 following a time in Cuba after his family fled his native Belgium ahead of advancing Nazi troops. He served in the US Army during the Korean War before setting up his own real estate brokerage in 1954.
The firm represented only the companies seeking to lease office space and not the landlord, an unusual practice in commercial real estate, where brokers typically act as agents for both the buyer and seller despite potential conflicts.