White Plains-Based Houlihan Parnes Celebrates 125 Years in Business

Real Estate In-Depth | February 2016

James J. Houlihan, managing partner, Houlihan Parnes, Realtors, LLC
James J. Houlihan, managing partner, Houlihan Parnes, Realtors, LLC

WHITE PLAINS—Houlihan Parnes, Realtors, LLC, founded by Irish immigrant Daniel J. Houlihan in 1891, is celebrating its 125th anniversary this year.

The family-owned privately-held company was originally founded as a carpentry and construction business, which evolved into property ownership and development and many related commercial service businesses.

The firm is currently managed by James J. Houlihan, who joined the firm in 1973 and became managing partner in 1987. The two other partners, James G. Houlihan and Howard Parnes are inactive due to health considerations at this time, the company reported.

Several members of the fifth generation of the Houlihan family have worked at Houlihan-Parnes Realtors over the last few years and Bryan Houlihan, son of James J. Houlihan, currently works at the company. In addition, Jim’s brother-in-law, James K. Coleman and cousin, Jeremiah Houlihan and Howard Parnes’ nephews, Fred and Sheldon Stahl and their mother, Barbara have been with the company for many years.

The firm will be celebrating its milestone throughout the year and offered its congratulations to two other iconic New York City institutions, Carnegie Hall and the New York Botanical Gardens, that are also celebrating their 125th anniversaries.

Houlihan-Parnes Realtors, LLC is a multi-faceted real estate investment company headquartered in White Plains. Its companies and affiliates invest and engage in the acquisition and ownership of all types of commercial properties throughout the United States. The firm specializes in commercial mortgage finance, investment sales, property management, leasing, mortgage servicing and advisory and consulting services. Its mortgage brokerage affiliate, Q10 | New York Realty Advisors, is a member of Q10 Capital, LLC a leading commercial mortgage banking company with 22 offices in 20 states nationwide.