David H. Lesser

David H. Lesser is Chairman and Chief Executive Officer of Power REIT. Mr. Lesser, whose career began in investment banking, has more than 25 years of experience in real estate investment and finance. He previously has held leadership roles with public real estate investment trusts, having served as a Senior Vice President of Crescent Real Estate Equities and as a Director of Keystone Property Trust. Mr. Lesser’s investment firm sponsored the merger of two real estate companies into a small-capitalization REIT, American Real Estate Investments, to ultimately form Keystone Property Trust, which was listed on the American Stock Exchange. Before Crescent, Mr. Lesser was a Director in Merrill Lynch’s real estate investment banking group. He is currently, and has been for the past 15 years, President of Hudson Bay Partners, LP, an investment firm focused on real estate, real-estate-related situations and alternative energy. He also serves as a Trustee of The Town Hall in New York City. Mr. Lesser holds an MBA from Cornell University and a B.S. in applied management and economics, also from Cornell.