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Deals & Dealmakers

Who’s News: Ienuso joins New York-Presbyterian, Greystone hires Avrom Forman

Joe Ienuso has been named NewYork-Presbyterian’s group senior vice president of facilities and real estate.

An experienced leader in facilities management, Ienuso joins NewYork-Presbyterian from Northwell Health, where he was senior vice president of capital and financial operations.

In his new role, Ienuso will be responsible for maintaining facilities, capital assets and operational integrity for NewYork-Presbyterian. He will also oversee all facility development, engineering, capital planning and major construction projects, and provide planning expertise to Royal Charter Properties.

Ienuso has extensive experience in capital and facilities management for large, complex organizations.

For more than a decade, he was the executive vice president for university facilities and operations at Columbia University. There, he formed a team of some 1,800 full-time employees responsible for the management of more than 240 buildings, 15 million gross square feet, some 5,600 undergraduate beds and 6,300 graduate and faculty residential apartments.

Most recently, he led a team responsible for informing and executing system-wide strategic capital initiatives and infrastructure preservation efforts for Northwell hospitals and outpatient physician practices across the region.

He holds a Master of Business Administration degree from Columbia School of Business, as well as a bachelor’s degree in human services and counseling and a master of science in education from St. John’s University.

In recent years, he has received numerous honors, including the Leadership Award from the Salvadori Center, the Corporate Social Responsibility Award from City & State Reports and was named a founding member of Corporate Alliance Program by Mayor Michael Bloomberg.

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Greystone announced that Avrom Forman has joined as Director of Sales Strategy.

In this newly created role, Forman will serve as a strategic advisor to the FHA origination team, reporting directly to Mordecai Rosenberg, head of Greystone’s FHA lending group.

Forman was most recently Chief Executive Officer at Eastern Union Funding where, for the past two years, he focused on formalizing a sales structure and helped to increase deal volume from $2.3 billion to over $3 billion for two years in a row.

Prior to Eastern Union Funding, Forman served as both Chief Operating Officer and SVP, Corporate & External Affairs at Vivaro Corporation, a telecommunications company.

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Veteran construction executive Erik Caiola has joined Herald Square Properties as Director of Construction.

In this newly created position at the commercial real estate firm, which recently acquired 251 West 30th Street and is the asset manager for the Lipstick Building, Caiola will oversee everything from pre-built offices to major capital improvement programs.

Prior to joining Herald Square Properties, he served as Chief Estimator for McGovern & Company Construction.

Having grown up in his family’s construction business, Caiola has a long history in all facets of the profession, but particularly as a skilled estimator. He holds a bachelor’s degree in philosophy from Boston University.

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Ten-X announced the hiring of long-time commercial real estate industry executive Eric Paulsen as senior vice president of business development.

Paulsen will oversee Ten-X Commercial’s Private Client Group, a growing division within Ten-X, which is focused on the community of private investors buying and selling commercial properties on the company’s innovative online transaction platform.

Paulsen has nearly three decades of experience in commercial real estate, including more than 11 years as an executive at CBRE Group, 12 years as vice president of national acquisitions at LNR Property, and a three-plus year stint at Ten-X (then Auction.com), where he played a critical role in growing the company’s commercial business before departing in 2014.

He most recently served as senior vice president at Prism Realty Corporation in Southern California.

Paulsen has been directly involved in the buying, selling, or asset managing of over $10 billion in commercial real estate in all product types across the United States.

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AmTrust Title Insurance Company announced that James Dufficy, Esq., a veteran of the industry with more than 22 years of title insurance experience, has joined the Company as Director of Corporate Strategy, Agency Vice President.

Dufficy’s immediate responsibilities will be to assist Jason Gordon, president of AmTrust Title, to expand the Company’s authority to write title insurance across the country and to broaden its agency operations nationwide with a regional focus on the Western United States.

Prior to joining AmTrust Title, Dufficy was Managing Member of Costa Mesa, CA-based Retitle Holding Company, a limited liability company formed to make investments in real estate.

Earlier he was President and General Counsel for Irvine, CA-based National Title Insurance of New York, when as chief executive he expanded the company’s footprint from 25 to 48 states, overseeing profitable growth in premiums so that ultimately the company became the highest ranked “regional” title insurers in the country from 2011 to 2013.

Before that, he served in executive positions for two the nation’s leading title insurance underwriters, namely Stewart Lender Services in Houston, TX and First American Title Insurance Company’s operations in both Santa Ana California and Phoenix Arizona.

Prior to his title agency career, Dufficy served as an Associate with Holland and Hart in the early 80’s, then Denver’s largest law firm.

Before that, he was a special agent for the FBI in Tucson, Arizona, covering general criminal investigations, and later in New York where he was involved with counterintelligence investigations.

Dufficy earned both J. D. and undergraduate degrees from the University of Denver.

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Blackstone announced that Jim Breyer has joined its board of directors.

Bryer is founder and CEO of global venture capital and private equity investor, Breyer Capital, focused on catalyzing high-impact entrepreneurs in the U.S. and China.

Over the course of his career, he has been an investor in over 30 consumer internet, media, and technology companies that have completed highly successful public offerings or successful mergers.

Breyer also served as managing partner at Accel Partners from 1995 to 2011, where he led the first institutional venture capital investment in Facebook in 2005 and joined the Facebook board.

In 2005, Breyer established aoint venture with China-based IDG Capital Partners, a Chinese investment firm, and continues to be the firm’s major outside investment advisor and partner.

Previously, he also served as a management consultant at McKinsey & Company.

Breyer graduated from Stanford University and from Harvard Business School.

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Joseph Molloy, a specialist in construction accounting, joined Marcum LLP as a director in the Firm’s Tax & Business Services Division.

Molloy is proficient in all areas of tax, including projections, preparations, reviews and correspondence. He creates and maintains tax deferral strategies for contractors and other construction clients, and has extensive experience preparing tax returns for a variety of construction entities, including C-Corps, S-Corps, partnerships, individuals and trusts.

A prodigious lecturer, Molloy provides training and mentoring seminars to clients and staff, as well as presents tax updates to sureties, banks, and other financial creditors.

Molloy is a member of the American Institute of Certified Public Accountants (AICPA), an associate member of the Construction Financial Management Association (CFMA) NYC chapter, and an Advisory Board member of Contractors for Kids.

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HAP Investments, LLC (HAP) announced the hiring of Lee Karlin as Senior Vice President of Design and Construction.

Karlin will be responsible for all design and construction related tasks for HAP Investments’ growing portfolio from concept inception to project completion while providing supervision and guidance to HAP’s internal project management staff.

Karlin joins HAP Investments from Tishman Hotel and Realty Corporation where he served as Senior Vice President of the Technical Services Group.

He brings more than 30 years of experience in the real estate and construction industries, having worked for some of the leading construction managers in the region.

He earned his Bachelor of Science degree from the Rochester Institute of Technology and is an active member of the Construction Managers Association of America.

Karlin is also a licensed site safety manager.

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