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Deals & Dealmakers

WHO’S NEWS: Statewide Abstract announced the addition of Tina Fugazzi, Jennifer Noto, and Sabrina Kessler to the Statewide Abstract team.

Time Equities Inc. (TEI) has welcomed Tessa Ferreyros as its new Director and Curator of the Art-in-Buildings program at TEI.

Ferreyros brings more than 13 years of art world and curatorial experience to TEI. Most recently, she served as Curatorial Manager for Madison Square Park Conservancy where she organized large-scale installations with Leonardo Drew, Arlene Shechet, and Krzysztof Wodiczko.

Prior to Madison Square Park Conservancy, Ferreyros worked as a Curatorial Assistant at The Museum of Modern Art (MoMA) where she oversaw the Adrian Piper retrospective A Synthesis of Intuitions, 1965-2016.

At TEI, Ferreyros will curate contemporary art throughout various TEI commercial and residential buildings, including its headquarters at 55 Fifth Avenue in New York, 1000M in Chicago and 310W in Milwaukee.

Ferreyros studied at Rhode Island School of Design (RISD) and Hunter College.

•••

Kenneth Meccia, president of Statewide Abstract, announced the addition of Tina Fugazzi, Jennifer Noto, and Sabrina Kessler to the Statewide Abstract team.

In addition, Matt McAllister is now in a Business Development role.

Tina Fugazzi will now serve as Title Officer at Statewide. Fugazzi has 35 years in the Title Industry, cross trained within Application, Closing, Recording, and Clearance Departments.

She also has extensive experience with internal computer programs and has supported clients in preparation of ACRIS/PREP forms.

Jennifer Noto will serve as Title Officer for Statewide. Noto is a licensed Title Agent with over 30 years of title industry experience. During this time, she has been involved in all facets of examining, reading, recording and underwriting for residential and commercial properties.

Sabrina Kessler has been in the Title Insurance industry for nearly 25 years and will now serve as Senior Recording Officer for Statewide.

She is responsible for recording deeds, mortgages and other loan documents throughout NYS as well as for creating Westchester PREP documents and ACRIS documents.

Matt McAllister will now serve in a Business Development role focused on forming new relationships and strengthen ties with current clientele. He will also pursue new value-added services for Statewide to offer such as the facilitation of 1031 Exchanges.

•••

Newmark Knight Frank (NKF) announced that Scott Schafer, MAI, MRICS, has joined the firm’s Valuation & Advisory (V&A) practice as part of its executive leadership team.

Schafer joins the firm in its Buffalo, New York office as Executive Managing Director and Head of Strategy.

Previously, he spent 12 years at Cushman & Wakefield standardizing and implementing new processes, designing risk management platforms and developing technology solutions that enhanced appraisal execution and product quality. before that, Schafer was the Chief Appraiser for HSBC Bank.

•••

BEB Capital has expanded its executive staff with six new appointment.

Robert Chase was named controller, a new position, and Lilliana Soto was appointed head of human resources.

The four other newcomers are serving in financial capacities. They are: John Lountzis, director of accounting; Rachelle Michel, director of family office accounting; Patrick Frame, senior financial analyst; and Umer Younas, senior accountant.

Robert Chase is former vice president of finance for New Water Street Corp., which operates New York City’s largest office building, the nearly four-million-square-foot structure at 55 Water Street in Manhattan. The property is owned by the Retirement Systems of Alabama pension fund.

A CPA, Chase holds a BS degree in accounting from the State University of NY at Buffalo.

Lilliana Soto is former senior human resources manager for the Hill Country Hospitality family of restaurants. The company operates casual country-style eateries throughout the U.S., including the New York City area.

Soto holds a degree in sociology from Hunter College of the City University of New York.

John Lountzis, a 20-year veteran of accounting in commercial and residential real estate, is former head of accounting for Sharestates, Inc., a crowd-funding platform.

A CPA, he earned an accounting degree from Queens College of the City University of NY and is a member of the AICPA.

Rachelle Michel is former controller at G-Holdings Corp., a real estate management and development firm based in Manhattan. She holds a BS degree in accounting from St. John’s University.

Patrick Frame is a former financial Analyst for Midwood Investment and Development. He holds a BA degree in economics from Fordham University.

Umer Younas is a former senior accountant at Navika Capital Group. He holds an accounting degree from Queens College, where he is now working toward a master’s degree.

•••

MetaProp, the NYC-based venture capital firm focused on the PropTech Industry, just announced that Jerry Coleman, co-founder of Invitation Homes and Offerpad, has joined the firm as a Venture Advisor.

Coleman will serve as an advisor next to Elie Finegold and Maria Seredina and will be assisting with deal diligence, startup growth distribution, and PropTech startup recruiting.

Coleman is a successful entrepreneur who has started several real estate initiatives throughout the U.S.

His portfolio as a co-founder includes Offerpad, Alliance Investment Group, Elevation Home Energy Solutions – one of the Southwest’s largest solar sales and installation companies – and Invitation Homes, which he co-founded in partnership with the private equity firm Blackstone Group, bringing in more than $10 billion in investment to the largest single-family home rental portfolio in U.S. history. Invitation Homes is now an NYSE listed public company.

•••

The Business Council of Westchester (BCW) announced that Maggie C. Peters will serve as Senior Vice President of Economic Development, a newly created position.

She brings a background in economic development having held leadership positions in both public and private economic development organizations.

Most recently Peters served as the Senior Community Development Officer for the New Jersey Economic Development Authority in Newark where she facilitated the approval of incentives that resulted in over $954 million of direct investment into New Jersey real estate.

She also played an integral role in securing over $933 million in tax credits for companies to retain and create new jobs in New Jersey, resulting in nearly 19,000 jobs during her tenure from 2015 to present.

From May 2018, she served as the Executive Director of the Fair Lawn Economic Development Corporation. There she oversaw the development, administration and implementation of Fair Lawn’s economic development and redevelopment programs while serving as a liaison with other boroughs, state and county departments and actively marketing Fair Lawn’s assets.

From 2011-2015, Peters worked leading economic development initiatives for the Bergen County Economic Development Corporation and she also served as executive director of the Morris County Economic Development Corporation.

Peters has a master’s degree in Public Policy & International Affairs and a bachelor’s degree in Political Science, both from William Paterson University in Wayne, NJ.

•••

Turtle & Hughes announced that Dan Fongaro has joined the company as Director of Internal Audit.

In this newly-created position, Fongaro is responsible for risk management, internal control, and governance processes.

Fongaro spent his entire career at Verizon Communications, the second largest telephone operating company in the U.S. Most recently, he served as Senior Manager, Risk Management, where he developed standard procedures for performing risk assessments.

Over the years, he served in positions of increasing responsibility, which included ten years in Internal Audit (five as a Senior Manager), as well as roles in Customer Experience Risk and Process Improvement, and Real Estate Internal Controls.

He started his career at Verizon Communications in 1995 learning the business from the ground up while working as a Facilities Technician performing installations and circuit maintenance.

Fongaro earned a bachelor’s degree in Finance from Fairleigh Dickinson University.

•••

Val Loh, Syska Hennessy’s global practice leader for Information and Communication Technology (ICT), has been promoted to senior principala.

Loh has more than 20 years of experience in technology consulting and engineering design across many sectors and geographies.

Project highlights include the Lotte World Tower (the tallest building in Asia), pharmaceutical campuses in the U.S. and China, medical colleges and hospitals for New York City’s top healthcare providers, and a 130-foot private yacht.

He is a member of Syska’s committee on diversity and inclusion, entitled SHAPE (Syska Hennessy Advocating Professional Equality).

Syska also promoted Josh Fluecke, Nick Fox, and Mike Falkenstern to principal.

Fluecke, based in Chicago, is a practice area director for critical facilities.

Fox is a practice area director in the New York office, where he specializes in commercial buildings, critical facilities, and broadcast media.

Falkenstern is also based in New York, where he serves as a practice area director in charge of the Northeast commissioning group.

In addition, Syska promoted John Reis, a supervising engineer; and Anthony Jamsek, an IT discipline leader, to associate principal.

•••

Murphie Barrett, a former congressional staffer who played key roles in crafting several recent infrastructure laws, has joined the Associated General Contractors of America as its new vice president of congressional relations for infrastructure advancement.

Barrett will lead the trade association’s transportation, water and utility infrastructure advocacy efforts and play a key role in the group’s regulatory reform efforts.

Barrett most recently served as the staff director for the House Subcommittee on Highway & Transit, where she served as the lead Republican negotiation for the Fixing America’s Surface Transportation Act, which was signed into law in 2015.

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