Colliers International LI Inc. has announced the promotions of Gus P. Nuzzolese, Esq. to president and Darren Leiderman to chief operating officer of the Long Island operations, effective immediately.
Both Nuzzolese and Leiderman previously held the titles of senior executive director.
In his new role, Gus Nuzzolese will develop stronger relationships with Colliers’ existing and new clients on Long Island, while advancing the activity level and performance of the operations’ pool of brokers and incoming salespersons.
Nuzzolese has served at Colliers International for nearly 30 years and arranged transactions on behalf of leading corporations including AT&T, Catholic Health Services, TDK Electronics, and major banks, accounting firms, and law firms.
He has been recognized as a three-time Top Power Broker for Long Island by CoStar and was named Broker of the Year for 2014 by Rechler Equity.
He is a graduate of St. John’s University’s School of Law.
As COO, Darren Leiderman will focus on operations and strategic initiatives to execute Colliers’ growth plans for the Long Island office.
During his 20-year tenure, Leiderman has completed transactions on behalf of property owners and tenants including CLK Properties, GE Capital, North Shore Long Island Jewish Health System, and Coca-Cola, in addition to major financial institutions, international and local corporations, and numerous healthcare companies.
He has been recognized as a two-time Top Power Broker for Long Island by CoStar, received numerous honors for his work with charitable organizations and business excellence, and is a graduate of Binghamton University.
Manatt, Phelps & Phillips, LLP, announced that Andrew E. Schultz has joined the firm’s Real Estate and Land Use practice as a partner in the New York office.
Schultz comes to Manatt from Debevoise & Plimpton, LLP.
Schultz has more than 20 years of experience in real estate law, including sales, acquisitions, financings, leasing, joint ventures and real estate investment funds. He also has extensive experience with public/private partnerships.
In recent years, he has devoted substantial time representing the private sector operator in two public/private retail developments in downtown Manhattan, and has worked with the owner of a midtown trophy property in leasing up the building.
Schultz has also represented commercial lenders in construction loans and permanent loans.
Schultz earned his B.A., cum laude, from Princeton University. He received his J.D. from the University of Virginia School of Law.
The New York office of Cresa announced that John Cahill has joined the firm as principal, senior advisor and NY Head of Cresa’s Life Sciences Practice.
Cahill will be tasked with expanding the firm’s pharmaceutical, medical and biotechnology client base in New York Metro and nationally, in addition to helping bolster the company’s retail practices in major markets including New York City, Los Angeles, Miami, Long Island and the Hamptons.
Cahill comes to Cresa New York from Colliers International, where he was responsible for office and laboratory leasing in the New York/New Jersey/Pennsylvania region, as well as retail leasing on both the East and West Coasts.
He is a recognized leader who specializes in the representation of corporate clients who are looking to evaluate new markets; find an office space, research and development facility or a manufacturing building; as well as dispose of existing facilities.
Cahill’s work background prior to Colliers International includes six years with Cushman & Wakefield, where he specialized in the company’s Global Life Sciences division, and six years of pharmaceutical sales and marketing with Johnson & Johnson and Alcon Laboratories.
As a graduate of Syracuse University’s Whitman School of Management, Cahill also holds a Bachelor of Science degree in Operations Management.
Wesley Rudes, an industry veteran who is one of Lower Manhattan’s most prolific brokers, has joined Cushman & Wakefield as executive director.
With 20 years of commercial real estate experience, Rudes most recently served as a principal with Cresa.
He has closed hundreds of Downtown transactions, and has completed more than four million square feet of transactions overall representing both tenants and landlords.
Rudes recently closed a 135,000 s/f renewal for a Downtown financial services company. As a landlord’s agent, he has represented 18 office buildings in Manhattan and elsewhere in the region.
Rudes has also represented numerous mission-critical and telecommunications companies.
Earlier in his career, Rudes was instrumental in launching an initiative that leased pre-built, web-enabled space to 250 technology companies in Lower Manhattan, which helped spur development of “Silicon Alley.”
Prior to his tenure at Cresa, Rudes served as executive managing director with Murray Hill Properties and as a managing director with Newmark Knight Frank.
He holds a Bachelor of Arts from SUNY Albany and a Juris Doctor from Hofstra Law School, and is a member of the New York State Bar Association.
Alliance Residential Company has appointed Brad Hamel as senior vice president of operations, Northeast and Southeast.
Hamel will be responsible for the oversight and expansion of the company’s portfolio in the Northeast and Mid-Atlantic regions.
Additionally, he will supervise operations for 5,000+ units in the Southeast region.
Hamel, who has more than 14 years of multifamily experience, began his career at Gables Residential in Atlanta.
Prior to joining Alliance, he directed business development activities for Riverstone Residential Group throughout the Northeast, Mid-Atlantic and Midwest regions.
Previously, Hamel held multiple positions in the multifamily industry, including providing operational oversight for Riverstone’s portfolio in Connecticut, New Jersey and New York. He attended Pennsylvania State University.
National Cooperative Bank (NCB) announced that Stephanie Murr has joined as an assistant vice president and relationship manager to the Project Finance/Tax Credit lending division, a part of the NCB Corporate Banking Group.
Murr will be responsible for portfolio and relationship management, serving as a primary contact for borrowers, and work closely with the loan servicing and closing teams to ensure all servicing requirements are properly understood and accurately documented.
In addition, she will manage deal flow and business development as well as work on special projects.
Prior to joining NCB, Murr was a closing and compliance officer for Strata Solar, where she was responsible for closing $103 million in state tax equity, $185 million in federal tax equity, $78 million in term debt and $50 million in bridge debt financing transactions.
She earned a J.D. from the University of North Carolina at Chapel Hill and a B.A. in History and Political Science from Elon University.
Pembrook Capital Management LLC (Pembrook) announced that Terence F. Baydala has been appointed a managing director of the firm.
In his new role, Baydala will be responsible for loan originations, including pricing, structuring, syndication, and loan documentation. He will be based at Pembrook’s New York office.
Baydala is a 35-year veteran of commercial real estate finance, with substantial transactional experience throughout the capital stack.
He most recently served for over two years as executive vice president, head of structured finance, with Meridian Capital Group.
Prior to that, he served for five years as senior vice president, Commercial Real Estate Banking, for Anglo Irish Bank and ten years as senior vice president, senior investment officer, Structured Finance with Arbor Realty Trust, Inc.
Earlier in his career, Baydala held positions with Xavier Realty Company, Banque Indosuez, Chemical Bank and other New York based commercial real estate finance firms.
He holds a Bachelor of Business Administration in Finance and Accounting from St. Bonaventure University.
Cushman & Wakefield’s Long Island office has added two more commercial real estate professionals to its growing roster.
Tim Heck has joined as a research analyst and Matthew Avelar joins the brokerage team as an associate.
Tim Heck, who formerly served as analyst for Carlstadt, N.J.-based H&H Realty, now develops analysis and reports on the area’s commercial real estate market and local economy for Cushman & Wakefield.
Heck supports brokers and their clients by providing analysis and insight into industry-wide and market-specific occupancy trends and costs, benchmarking studies and forecasting.
He also updates and maintains Cushman & Wakefield’s database of buildings, availabilities, tenants in the market, and lease comparables and sales records, as well as primary research, data-driven analysis and forecasting for the office and industrial sectors of Long Island.
A graduate of Vanderbilt University, Heck also has an M.B.A. in Finance from the Rutgers University Business School.
Associate broker Matthew Avelar will focus on generating new clients, assisting the teams at Cushman & Wakefield.
Avelar will specialize in both tenant and landlord representation for transactions in Nassau, Suffolk, and Queens counties.
He launched his real estate career as a sales agent for Daniel Gale Sotheby’s International.
While attending Lynn Business School, he worked directly with commercial real estate developers through a South Florida public relations firm.
JLL has hired Joseph Messina as executive managing director of its New York Consulting/Advisory Group.
He will be responsible for leading and expanding the firm’s client service and analytic capabilities.
In addition, Messina will provide high-level consulting and transaction strategy, structuring and execution services.
Messina, 40, has more than 18 years of experience in New York commercial real estate.
Prior to joining JLL, he served as executive managing director with Studley, consistently ranking as one of its top producers.
While there, he developed and managed a consulting/analytics group that served the firm’s New York and New Jersey offices.
Messina launched his career in real estate at the firm in 1997 as an associate consultant.
He earned a bachelor’s degree in environmental science and public policy from Harvard University, graduating cum laude.
Common Ground, New York City’s largest supportive housing developer and manager, announced that Benjamin Stacks has joined its Board of Directors.
Stacks is senior vice president at Capital One Bank and the Greater New York Market Manager for Commercial Real Estate.
A seasoned real estate banking executive with nearly 20 years of experience, Stacks is responsible for managing a team of relationship managers charged with all aspects of client management including lending on real estate and cross selling a variety of banking services.
He oversees a portfolio of loans of approximately $3.7 billion across diverse asset classes including office, retail and residential properties as well as across a variety of loan types including permanent, construction, reposition/renovation and mini-permanent.
Prior to joining Capital One Bank, Stacks was an executive director and team leader in the New York City office of Eurohypo, a German-based global estate investment bank.
Before that, he served as a relationship manager at HSBC Bank, USA, and M&T Bank.
Stacks holds Bachelor of Arts in International Relations from Syracuse University and a Masters of Business
Administration with a concentration in Finance and Real Estate from the Kogod School of Business at American University.
He is currently an officer of the Real Estate Lenders Association and was previously Chairman of the Young Mortgage Bankers Association.