GFP separates development business from rest of firm

Jeff Gural’s GFP Real Estate is bringing a new affiliate to life: GFP Development. Gural’s nephew, Brian Steinwurtzel — fresh off an appearance at The Real Deal’s roundtable event — was named chief executive officer of the entity, the Commercial Observer reported. The business will be focused on development projects in New York City and Jersey City. Gural said the split was done to limit market confusion and give credit when it’s due to Steinwurtzel. “Every time he was doing a deal and I would look in the magazines, it would have my picture and say Jeff Gural’s GFP is […] This article originally appeared on The Real Deal. Click here to read the full story.