Category : Featured

Riguardi is Realty Foundation honoree
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Riguardi is Realty Foundation honoree

REW Staff
by REW Staff912
Peter Riguardi, the president of operations for Jones Lang LaSalle’s Tristate region and a veteran real estate professional with more than 28 years of experience in the industry, will be the Realty Foundation of New York’s 2012 honoree at the Foundation’s 57th annual luncheon scheduled for Thursday, May 10. “We are pleased to recognize Peter, a dedicated board member,” said Jerry L. Cohen, the Foundation’s chairman. “Peter has helped us to send the message that the Realty Foundation exists solely to help real estate professionals in need. And, since we are completely reliant on the generosity of our real estate community, we are grateful for his efforts to raise awareness of our initiatives.”
Plex appeal doing it for Crown Heights renters
FeaturedResidential

Plex appeal doing it for Crown Heights renters

REW Staff
by REW Staff897
After renting their last Brooklyn project in just one day, the developers of the new Crown Heights rental, The Plex, are upbeat about the building’s prospects in today’s new market. “We are getting a good response from the area, the neighborhood is receptive; we’re starting to build up the neighborhood and everyone surrounding the project has been very excited,” said Jessica Peters, the Prudential Douglas Elliman broker who’s handling leasing at the 98-unit building at 301 Sullivan Street.
Deals & DealmakersFeatured

NYCREW prepares to honor decade of leadership in commercial real estate

REW Staff
by REW Staff844
NYCREW Network, the New York chapter of the Commercial Real Estate Women Network (CREW), will honor the achievements of its most accomplished members — and its own 10th anniversary — with the Vanguard Awards, a special ceremony to be held in conjunction with its holiday celebration at the Columbus Townhouse, 8 East 69th Street, on Tuesday, November 29, from 6:30 p.m.
Deals & DealmakersFeatured

REBNY to honor industry’s best at 116th annual banquet

REW Staff
by REW Staff771
Real estate’s elite are already gearing up for the industry’s most anticipated evening of the year, The Real Estate Board of New York’s (REBNY) Annual Banquet. In its 116th year, the deal-making and networking occasion will be held on January 19th, 2012 at the New York Hilton Hotel.
Deals & DealmakersFeatured

Contract talks get underway with cleaners union

REW Staff
by REW Staff1069
Talks got underway Tuesday between the Realty Advisory Board and 32BJ on a new contract for the city’s 22,000 commercial office building cleaners. According to the RAB — which represents the owners and operators of those buildings as well as the majority of the cleaning contractors in the city — owners made a “generous” deal during the last round of talks when the market was at its peak. As the nation labors through a recession, the RAB says it’s time for the union to step up.
Deals & DealmakersFeatured

Law firms arrange sublease at 1211 Avenue of the Americas

REW Staff
by REW Staff773
By Dan Geiger The law firm Grais & Ellsworth is close to a deal to sublease the entire 32nd floor of 1211 Avenue of the Americas. The space is about 40,000 s/f and is being offered by the law firm Ropes & Gray, which took the floor in 2008 in order to exercise rights to grow in the property. Ropes & Gray leased about 250,000 s/f in the nearly two million square feet skyscraper in 2005 and plans to eventually use the 32nd floor to expand.
Deals & DealmakersFeatured

Jason Meister excels at Grubb & Ellis

REW Staff
by REW Staff934
Starting out in the city as a broker of commercial real estate assets at Grubb & Ellis during the depths of the recession, Jason Meister weathered the tough times and has emerged as a promising young executive at the firm. Joining Grubb & Ellis in 2008, Meister has become an important member of a prolific team that has handled several notable sales in the city this year. In October, the group was one of the top producing sales teams in the city, an impressive feat for brokers who don’t hail from top tier companies like CBRE or Eastdil, which tend to dominate statistical rankings.
Construction & DesignFeatured

NYU unveils plans for ‘superschool’

REW Staff
by REW Staff707
New York University has unveiled plans for a superschool that it believes will position Brooklyn as the epicenter of global thinking about how cities around the world operate in the face of growing populations. In response to a request for proposals from the City of New York, NYU plans to build the Center for Urban Science and Progress (CUSP) in a 60,000 s/f space at 1 Metrotech Center in Downtown Brooklyn. Classes would begin in that space as early as September 2013.
Construction & DesignFeatured

Building forecast bleak as government cuts back

REW Staff
by REW Staff836
As bad as the job losses have been so far for the construction sector, the future looks even more bleak, according to the newest report from the New York Building Congress. “2013 could be a painful year for a lot of local families if our employment projections hold,” NYBC president Richard Anderson is warning. “The current and forecasted employment numbers illustrate quite vividly the real life implications of the economic downturn on New York City and our industry.”
Deals & DealmakersFeatured

Manager taking measure of industry’s green efforts

REW Staff
by REW Staff738
By Liana Grey Last week, Nick Stolatis, a sustainability director at TIAA-CREF and a past president of New York’s IREM chapter, flew to Toronto to attend the US Green Building Council’s annual trade show. He was there to speak about benchmarking, a practice he’d advocated long before Mayor Michael Bloomberg required landlords to track energy usage. “If you can’t measure it, you can’t manage it,” Stolatis said.