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Articles in the Property Managers Category

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[18 Feb 2015 | No Comment | ]

CBRE Group, Inc. announced that its Facilities Management service line achieved strong growth in 2014, with 32 new or expanded long-term contracts.
CBRE’s facilities management client base is comprised of over 110 corporations, healthcare providers and government institutions across 105 countries.
During the year, CBRE took on management responsibilities of more than 140 million sq. ft. of facilities.
“CBRE is extremely pleased to see the continued momentum in our facilities management services worldwide,” said Alex Darragh, Global Director of CBRE’s Facilities Management service line.
“We have realized strong growth across our Americas, APAC and …

Property Managers »

[28 Jan 2015 | No Comment | ]

2015 BOMA/NY Pinnacle Awards will take place at Chelsea Piers on February 26.
The Oscar style ceremony — winners are revealed only when “envelopes” are unsealed that night — is the culmination of competition held throughout 2014 in which commercial office buildings in New York City are judged according to the BOMA International standard of ownership and operational management excellence in these categories: Historical, Government, New Construction, Earth, Renovated and Operating Office Building (by size)
Managers compete in two categories by years of experience: 3-10 and 10 years plus the Outstanding Local …

Headline, Property Managers »

[27 Jan 2015 | No Comment | ]
Blizzard of 2015: All going according to plan

The “Blizzard of 2015” ended up sparing New York City, as the majority of the area sustained little more than a few inches of snow.

Though the city may have gotten off easy this time, having a thorough and organized plan in place is a must for any property manager who is preparing for a temporary shutdown or an onslaught of unfriendly weather conditions.

“Local Law 26 is a mandate from the city. (Property managers) have to have something that’s called an emergency action plan,” John Brandstetter, managing director at The Brandstetter Group and chairman of the Weather Committee of BOMA/NY told Real Estate Weekly.

Green Building, Property Managers »

[16 Dec 2014 | No Comment | ]

The Institute for Market Transformation (IMT) and the Department of Energy’s Better Buildings Alliance have awarded a 2014 Green Lease Leader designation to Empire State Realty Trust, Inc..
Only 14 companies across North America earned the 2014 designation, which recognizes excellence in creating and executing leases that foster energy efficiency, providing cost savings for both landlords and tenants.
“By implementing performance specifications for energy efficiency into [its] leases, ESRT is knocking down barriers to energy efficiency by finding smart ways to share the capital costs and energy savings of energy efficiency improvements …

Finance & Accounting, Property Managers »

[11 Dec 2014 | No Comment | ]

By Izzy Green, president & CEO
Evergreen Insurance & Risk Management
Whether your building is vacant due to a sluggish economy or for some other reason, it’s important to ensure that it’s kept as safe as possible.
Vacant commercial buildings can create a number of risk-related challenges. Regardless of whether your property is vacant for only a few days or a few months, the risks related to a vacant building can result in the potential for expensive losses and liability. By following the steps listed below, you can identify potential hazards and learn …

Construction & Design, Deals & Dealmakers, Green Building, Property Managers »

[10 Dec 2014 | No Comment | ]

East River Fund Co, LLC, a partnership of JEMB Family LP, a privately-held real estate and energy investment firm, and Harbert Power Fund V, have increased their investment in Astoria Project Partners, the legal entity that owns and operates the Astoria I natural gas power plant in Queens, NY.
Together with EIF Astoria, LLC, a subsidiary of MyPower Corp., wholly owned by Mitsui & Co., Ltd., the JEMB/Harbert partnership has acquired the 21 percent minority interest in Astoria Project Partners from SNC-Lavalin, Inc. Additional terms of the deal were not disclosed.
JEMB Family, …

Brokers Weekly, Property Managers »

[3 Dec 2014 | No Comment | ]

The Halstead Management Company announced the asset purchase of Lawrence Properties, a full-service residential management firm.
The firm will now operate as Halstead Lawrence Management and will be under the direction of Martha Goupit, managing director/executive vice president.
The employees of the Lawrence Division will continue to be based out of their office at 150 West 30th Street.
“We are absolutely thrilled to welcome the Lawrence team to the Halstead family,” Paul R. Gottsegen, president of Halstead Management.
“With their experienced staff, similar corporate philosophies and prestigious portfolio of buildings, it was the ideal …

Green Building, Property Managers »

[26 Nov 2014 | No Comment | ]

Inspired and modeled after its successful roof gardens at 250 Hudson Street and Symphony House, owner/developer Jack Resnick & Sons has just completed two more green roof installations, both at its Lower Manhattan office tower, 255 Greenwich Street.
Situated atop both the 14th floor and the mechanical bulkhead of the building, the new 20,000 s/f of “extensive” green roof area was designed and engineered by FXFowle Architects and installed by Rally Restoration.
The newly planted roof areas will provide a number of ecological benefits to the property and neighborhood, including improved stormwater …

Brokers Weekly, Green Building, Property Managers »

[26 Nov 2014 | No Comment | ]

Three of Related Management’s New York affordable housing properties have been recognized by the U.S. Environmental Protection Agency (EPA) as being among the first multifamily housing properties to earn ENERGY STAR certification for superior energy performance.
The properties at 30-50 21st Street, 423 West 48th St and 527 West 47th St, have been recognized for reducing the amount of energy consumed.
With technical assistance from Bright Power, the three properties join just 14 others across the nation to make up the inaugural set of multifamily buildings to achieve the prestigious ENERGY STAR multifamily …

Green Building, Property Managers »

[26 Nov 2014 | One Comment | ]

CompassRock Real Estate announced that Peter Cooper Village/Stuyvesant Town (PCV/ST) has been recognized by the U.S. Environmental Protection Agency (EPA) as one of the first multifamily housing communities to earn ENERGY STAR certification for superior energy performance.
PCV/ST is the first multifamily community in New York and one of the first five communities nationwide to receive this recognition which signifies that the community is in the top tier of energy performance for multifamily buildings nationwide.
On average, ENERGY STAR buildings contribute 35 percent fewer greenhouse gasses to the atmosphere than comparable non-ENERGY …

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