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Deals & Dealmakers, Featured »

[5 Mar 2015 | No Comment | ]
CBRE broker talks motherhood and  negotiating with foreign investors

By Konrad Putzier
For New York’s real estate executives, traveling to countries like Qatar or China in search of capital can be a cultural challenge – especially if you’re a woman and six months pregnant.
“I wore a hijab in Saudi Arabia for the whole time, it was totally weird,” said Marcella Fasulo, senior vice president at CBRE’s institutional properties group, recalling a recent business trip. At CBRE, Fasulo specializes in finding foreign investors to buy New York properties, working on a team led by star broker Darcy Stacom. This involves a …

Deals & Dealmakers, Featured »

[5 Mar 2015 | No Comment | ]
Kaufman signs first tenant to revamped portfolio

By Dan Orlando
AlleyNYC, one of the fastest rising co-working firms in New York City, has signed a 36,000 s/f lease for three full-floor spaces at 119-125 West 24th Street, granting the Kaufman Organization the first secured office lease of its newly rebranded and transformed Madison Square Portfolio in Midtown South.
Grant Greenspan, principal of the Kaufman Organization, told Real Estate Weekly that he projects Alley NYC to serve as a farm league for the other open spaces within the portfolio.
“Alley NYC is going to act as an incubator for the freelancing …

Featured »

[4 Mar 2015 | No Comment | ]
More than 450 attend fourth annual REW Women’s Forum

By Jonathan Pappas
The most powerful women in New York City real estate joined together last Wednesday for Real Estate Weekly’s fourth annual Women’s Forum. The event drew over 450 men and women in the field for a day of discussion and networking that featured keynotes and timely panel sessions from some of the most influential female leaders in the industry. While the forum touched on a number of subjects, all speakers appeared to agree on one thing: the real estate industry, long set in its practices and traditions, is finally …

Featured, Green Building »

[4 Mar 2015 | No Comment | ]
Rooftop farming still looking for big break

Edenworks is about as modern as a farm can get. In planters stacked to the ceiling of a sunlit, 800-s/f greenhouse, the startup is growing bok choi, arugula, turnips, sage and lettuce. The plants are fertilized with waste water from fish tanks, where Edenworks is raising Tilapia. In the process of fertilization, the water is filtered and ultimately returns to the tanks, beginning the cycle anew. But perhaps the most impressive aspect of this complex procedure – called aquaponic farming – is that it all takes place on the rooftop …

Deals & Dealmakers, Featured »

[3 Mar 2015 | No Comment | ]
Lo Russo: Massey Knakal merger all about New York

By Dan Orlando
Cushman & Wakefield’s tri-state president Ron Lo Russo dismissed the suggestion that the takeover of rival brokerage Massey Knakal was part of a plan to increase its own market value ahead of a planned sale.
“No, it wasn’t,” said Lo Russo when asked if acquiring Massey Knakal was part of a prearranged selling strategy by its parent, EXOR. “It’s no surprise that the added benefit of Massey Knakal comes at an opportune time,” Lo Russo added.
Last week, news emerged that Italian investment giant Exor plans to sell the global …

Brokers Weekly, Featured »

[27 Feb 2015 | No Comment | ]
Diane Ramirez on  the role of a mentor

By Holly Dutton
Industry stalwart Diane Ramirez, CEO and co-founder of Halstead Property, has spent more than 30 years in the residential real estate business, rising in the ranks to eventually co-found one of New York City’s biggest brokerages.
A native of Jackson Heights, Queens, Ramirez attended Queens College and eventually moved with her husband and two young children to Florida, where her husband was opening an office for his company. It was there that she first discovered real estate.
“My children went into nursery school and I had a few hours on …

Deals & Dealmakers, Featured »

[26 Feb 2015 | No Comment | ]
Wenke lands starring role in real estate

By Dan Orlando
Colleen Wenke, a Queens-native, feels that fate may have led her to a career in real estate.
“I think if you had said to me during my undergrad’ career that I would work in real estate, I would have said ‘no thank you’,” Wenke told Real Estate Weekly.
“The stars aligned and it happened,” she added, stressing that it was “very much not” her initial goal.
Wenke, now a vice president at Taconic Real Estate Partners, actually began her undergraduate studies in the pursuit of a career in medicine. A pre-med …

Deals & Dealmakers, Featured »

[26 Feb 2015 | No Comment | ]
JLL to lease RFR’s Manhattan portfolio

RFR Realty has tapped a team from JLL as exclusive leasing agents for its entire five million square feet New York City portfolio.
A team of 14 JLL brokers, led by Mitchell Konsker and Alexander Chudnoff, already serves as exclusive agent for RFR’s 350 Madison Avenue, 285 Madison Avenue and 757 Third Avenue.
The brokers have tallied up more than 1.5 million square feet of leases at those properties,
The expansion of the leasing relationship will add the Seagram Building (375 Park Avenue), Lever House (390 Park Avenue), 17 State Street, 980 Madison …

Featured, Green Building »

[25 Feb 2015 | No Comment | ]
Report: Sustainable buildings make for happy tenants

DTZ, a global leader in commercial real estate services, has completed research revealing a link between tenant satisfaction and sustainability efforts in buildings.
DTZ vice president, Sustainability Services Allison Porter and DTZ Economist Rebecca Rockey evaluated responses to Kingsley Associates’ tenant surveys–the industry standard in measuring tenant satisfaction–relative to common sustainability certifications.
The study examined three building-specific certifications: the U.S. Green Building Council’s Leadership in Energy and Environmental Design-Existing Buildings: Operations and Maintenance (LEED EB), EPA’s ENERGY STAR and the Office of Management and Budget’s (OMB) Sustainability and Energy Scorecard, a sustainability …

Deals & Dealmakers, Featured »

[25 Feb 2015 | No Comment | ]
Nominations in for Deal of the Year

New York City commercial real estate’s most prestigious competition, to claim the Real Estate Board of New York’s (REBNY’s) prize for the top commercial real estate deal of the year, has officially begun.

Submissions are in for REBNY’s 2014 Sales Brokers Most Ingenious Deal of the Year Awards, which will be presented on Tuesday, April 28, 2015 at the Sales Brokers Committee’s 70th Annual Cocktail Party at Club 101.

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