Michael Stoler, one of New York’s most recognizable real estate pundits, is out as a senior principal at Apollo Real Estate Advisors, an investment firm he joined in 2006. The Observer on Monday received a tip that Mr. Stoler had been fired, but efforts to reach him have been unsuccessful and Apollo has not responded to phone calls from earlier today. A call to Mr. Stoler was answered by someone at Apollo who told The Observer that Mr. Stoler is, “no longer affiliated with Apollo.”
Mr. Stoler’s personal information is still up on the Apollo Web site, but his personal site has been updated to include his departure from the firm. Mr. Stoler writes a column for The Real Deal in addition to hosting “The Stoler Report” on CUNY TV, and he previously served as a contributing editor and columnist for The New York Sun.