News:
Brokerage
Posted: August 26, 2025
Ariel Property Advisors hosts 10th CRE internship for Chapin School students
Remi Mandell of Ariel, Danielle Axelrod of DAxCO, and Mike Tortorici of Ariel.
Manhattan, NY For the 10th consecutive year, Ariel Property Advisors presented an internship program to graduating seniors from The Chapin School, an all-girls independent day school located on the Upper East Side.
Six students from The Chapin School participated in the four-day, educational commercial real estate course. The program is designed to introduce the interns to the commercial real estate industry, with a specialized focus on the NYC market. It also includes the completion of an investment property case study, culminating in a presentation to Ariel’s partners and volunteers.
Michael Tortorici, founding partner, spearheaded the initiative, and Rachel Courtney, operations manager, coordinated the program along with participation from Ariel professionals in the investment sales, capital services and research groups. Investment sales associates Paul Monaco and Jack Mastrocola served as intern mentors; Nicole Daniggelis, an associate director in investment sales, and Sahil Modi, an associate in capital services, led sessions; and investment sales Analyst Waliya Ahmed presented the analyst training and helped put the program together.
“Ariel Property Advisors developed The Chapin School internship 10 years ago to introduce young women to opportunities in the commercial real estate industry,” Tortorici said. “The hands-on approach allows them to learn about various real estate assets, discover property valuation methods and understand how the governmental regulatory system shapes both private and public policy within the market.”
Tortorici also hosted a “lunch-and-learn” session with the interns and special guest Danielle Axelrod, of DAxCO, whose company represents property owners. Ariel team members participating in the luncheon with Tortorici included Courtney, Gail Donovan, senior director of communications, and Remi Mandell, director - research and sales. The professionals spoke about their career paths, responsibilities in their current roles and their experience as women in the real estate industry.
Tags:
Brokerage
MORE FROM Brokerage
Century Cricket Centre to open first U.S. location near Bryant Park in 14,000 s/f lease
Manhattan, NY Century Cricket Centre, an Australian-backed indoor cricket and sports-tech concept, will open its first U.S. location in a 14,000 s/f at 25 W. 39th St. near Bryant Park following a 15-year lease arranged by Lee
Quick Hits
Columns and Thought Leadership
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt
You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian
There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Artificial intelligence in lending - by Lindsay Mesh Lotito
Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
.gif)
September Promotion
