Category : Property Managers

10 ways to protect your vacant building
Debt & EquityProperty Managers

10 ways to protect your vacant building

REW
by REW997
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...
JEMB venture ups the ante for Queens power plant
Construction & DesignDeals & DealmakersGreen BuildingProperty Managers

JEMB venture ups the ante for Queens power plant

REW
by REW1242
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...
Resnick unveils green roof at 255 Greenwich Street
Green BuildingProperty Managers

Resnick unveils green roof at 255 Greenwich Street

REW
by REW1323
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...
Deals & DealmakersFeaturedProperty Managers

All square feet now equal as global office measuring rule takes effect

REW
by REW1366
A new standard in measuring office space will bring transparency and consistency to global real estate markets, supporters said. The International Property Measurement Standard for Offices (IPMS for Office Buildings) was launched yesterday (Tuesday) following a global effort to create a uniform method for measuring property. The IPMS will replace dozens of existing standards currently in use around the world.
Hugh Astley dead at 64
Property Managers

Hugh Astley dead at 64

REW
by REW1654
Lane Office senior vice president Hugh Astley died at Norwalk Hospital on November 10. He was 64. Mr Astley was a veteran of the office furniture manufacturing and distribution sector and was most recently responsible for managing the one million square feet of furniture for Condé Nast Publications at 1...
HeadlineProperty Managers

Property management can be a real high wire act

REW Staff
by REW Staff1225
Were you holding your breath when Nik Wallenda walked the high wire over the Chicago river last weekend? So was Bill O’Leary, CPM, property manager of the Marina Towers Condominium Association. “I was holding my breath for him, and for everything else,” said O'Leary, manager of the iconic Marina City, two 60-story towers the stuntman walked between with no safety gear or net. The “everything else” began long before the record-breaking event appeared on television.The City of Chicago contacted O'Leary last winter to let him know that Wallenda was considering a high wire walk in Chicago, and that Marina City was one of the locations
Property ManagersResidential

Eastwood Towers doorman voted city’s best

REW Staff
by REW Staff1558
 John Battle, who has been a doorman at Eastwood Towers for over two decades, was honored by Property Service Workers Union 32BJ and Straus News as Doorman of the Year, at their Annual Building Service Workers Awards ceremony . “The important thing here is honesty,” said Battle. “Mistakes happen and...
Property Managers

Don’t be conned by tenants who always have a story

REW Staff
by REW Staff674
By Craig Mcilvain, The RRD It’s not every day that you imagine the landlord as a victim, but it can and does happen all the time. We want to see the best in everybody. Often we go out of our way to help others. In some cases, it’s as simple...
Institutional deals drive multi-family sales to $3.2B in 3Q
Property Managers

Institutional deals drive multi-family sales to $3.2B in 3Q

REW Staff
by REW Staff752
A plethora of institutional deals drove the city’s multifamily sales market to a blockbuster $3.2 billion in dollar volume during the third quarter. 3Q 2014 multifamily figures hit the strongest quarterly transaction volume and nearly the highest dollar volume since the 4Q 2012,, according to Ariel Property Advisors’ Multifamily Quarter...
Property Managers

FS Energy named finalist in competition to protect city from storms

REW Staff
by REW Staff773
FS Energy, the energy management and advisory subsidiary of property management firm FirstService Residential, has been named a finalist in the RISE : NYC competition which recognizes projects and technologies that will bolster the city’s buildings and infrastructure against future storms. FS Energy, which provides exclusive energy evaluations and efficiency...