Category : Property Managers

Good Agreements Make Good Neighbors: The Benefits of Negotiating License Agreements to Access Neighboring Property
Construction & DesignLawsuitsProperty Managers

Good Agreements Make Good Neighbors: The Benefits of Negotiating License Agreements to Access Neighboring Property

REW
by REW1664
  By David Pfeffer & John Walsh In New York City, everything comes with a price.  For building owners and collective housing communities, it often comes in the form of the time and expense required to maintain aging buildings in accordance with New York City’s building code and other local...
RFR tenants get their own putting green
Property Managers

RFR tenants get their own putting green

REW
by REW1049
RFR Realty in Stamford announced the installation of an eight-hole putting green on the plaza level at Two Stamford Plaza, part of the four-building Stamford Plaza office complex. The installation of the putting green took place during the first week of May. It was conceptualized by Margaret Carlson, portfolio director...
Property Managers

Lincoln sculpture returns to One Grand Central Place

REW
by REW1095
The cast of a mock-up of Daniel Chester French’s sculpture of Abraham Lincoln in the Lincoln Memorial has been installed in the visitor’s reception area of One Grand Central Place (60 East 42nd Street), announced landlord Empire State Realty Trust, Inc. Lawrence A. Wien, founder of ESRT’s predecessor company, purchased...
Property Managers

Internet monitors WiredScore make national move

REW Staff
by REW Staff827
WiredScore, the company that prioneered a standardized rating system designed to identify, evaluate and certify commercial buildings with the fastest and most reliable internet connections, has expanded its Wired Certification service. the company will now offfer certification to office property owners, asset managers and leasing agents in cities nationwide, including...
Trion RE Management adds five new complexes to portfolio
Property Managers

Trion RE Management adds five new complexes to portfolio

REW
by REW928
Trion Real Estate Management has added five new residential complexes in Westchester to its roster, bringing its real estate management portfolio to over 1,700 units throughout 28 properties. The Trion team was selected to take over the management of: Whiteoak Condominiums in White Plains; Boulder Condominiums in Bronxville; The Commons...
CBRE to pay $1.48B for office management business
Deals & DealmakersFeaturedProperty Managers

CBRE to pay $1.48B for office management business

REW
by REW895
CBRE has entered into an agreement to acquire the Global WorkPlace Solutions (GWS) business of Johnson Controls, Inc. GWS provides Integrated Facilities Management solutions for major occupiers of commercial real estate and has significant operations around the world. The purchase price is $1.475 billion
HeadlineProperty Managers

Building owner could face charges in gas explosion

REW
by REW770
The owner of the East Village building where a gas explosion killed two people and injured 20 others last week could face criminal charges if it is found he knew about illegal gas tapping in the property. Former prosecutor, Colin Kaufman, a partner at Adam Leitman Bailey, PC, said charges that could be leveled at the principals of Mah Realty, the owner of 121 Second Avenue, include criminally negligent homicide, which carries a 25 years to life penalty. However Kaufman said, "Prosecutors have a tremendous amount of discretion in cases such as these and it is a difficult crime to prosecute. You can't just say that, just because there was an explosion someone is guilty."
CBRE reports strong growth in facilities management services
Property Managers

CBRE reports strong growth in facilities management services

REW
by REW810
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...
BOMA to honor best at management ‘Oscars’
Property Managers

BOMA to honor best at management ‘Oscars’

REW
by REW932
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...
Blizzard of 2015: All going according to plan
HeadlineProperty Managers

Blizzard of 2015: All going according to plan

REW
by REW692
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.