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.
The gala event will be held at noon in the Grand Ballroom of the Waldorf Astoria Hotel in Midtown Manhattan.
Riguardi joined Jones Lang LaSalle in 2002 with the mandate to expand the company’s platform.
During the past nine years, he has been successful in vastly growing the firm’s leasing and investment sales divisions by recruiting some of the City’s most talented professionals, many from competing firms.
Currently, Riguardi oversees a staff of approximately 1,700 in seven offices throughout New York, New Jersey and Connecticut.
During his near three-decade career, Riguardi was involved in some of the City’s largest transactions, among them the MTA’s 1.6 million-square-foot transaction at 2 Broadway, Bank of America’s 1.5-million-square-foot transaction at One Bryant Park and MetLife’s 410,000-square-foot lease at 1095 Avenue of the Americas.
“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.”
Following its annual meeting last month, The Foundation is also proud to announce the establishment of an endowment fund made possible through a very significant contribution donated by Daniel Rose, chairman of Rose Associates.
“We are tremendously thankful to Daniel for his generous donation,” said H. Dale Hemmerdinger, president of the Foundation.
“Particularly in these challenging economic times, a non-profit organization such as ours struggles to raise funds and his donation will substantially help to us to continue to support those who need financial assistance.”
In addition, three board members were promoted to vice presidents from directors. Riguardi, Tara Stacom, vice chairman Cushman & Wakefield and Norman Sturner, president and CEO of Murray Hill Properties, were unanimously elected to the senior posts.