NAI Global, the single largest global network of owner-operated commercial real estate brokerage firms, announced its newest Member firm, EVO Real Estate Group in Manhattan.
Under the direction of Ira Z. Fishman, CEO and Dana L. Moskowitz, EVO brings knowledge of New York City’s ever-changing marketplace and a wide range of commercial real estate services, including office leasing, retail leasing, property management services and commercial co-op/condo office sales.
“New York City’s commercial real estate market continues to be extremely attractive to companies worldwide,” said Jay Olshonsky, president, NAI Global.
“It was critically important that we select a firm with deep local market knowledge and the ability to act quickly and creatively to secure the best opportunities. We are pleased to offer NAI Global Members and their clients access to this tremendously competitive market through our newest Member, EVO Real Estate Group.”
EVO was formed following the acquisition of Winoker Realty Company in 2013. The company was acquired by a partnership of four New York real estate principals who had been business partners and friends for many years: Fishman and Moskowitz along with Nathan Halegua and Josh Halegua, principals of Jonis Realty and Citi-Urban Management.
The decision to join NAI Global came easily to EVO, according to Moskowitz. “We found the other Members to be like-minded in their philosophies – dedicated to the highest levels of service and professionalism,” she said.
“And now that we are part of NAI, we can offer our clients access to local experts anywhere in the world, and our employees expanded opportunities for skills development and career exploration.”
Olshonsky cites factors such as availability of foreign capital and demand from foreign investors, low interest rates, and continued attraction from technology, financial and professional services firms that are driving high demand for commercial property in Manhattan.
Population growth is anticipated to add over one million people to the NY metro area over the next 15 years.
“There is no doubt that New York City’s commercial property market is currently experiencing a boom,” said Olshonsky. “However, as we’ve seen across market cycles, there will always be demand for quality properties in this market. Our colleagues at EVO are particularly well-suited to navigate this market through all market conditions.”
“We are eager to play a role in expanding NAI’s presence here in New York City, and work with other Member firms worldwide to help grow their business.”