Laurence Glazer, CEO of Buckingham Properties LLC, Rochester's largest real estate development and property management company, has expanded his management team in order to more aggressively pursue growth of its commercial, retail and residential portfolio. The management team expansion comes on the heels of Buckingham's investment in several major construction projects in Brighton, Greece and the City of Rochester. These projects underscore Buckingham's commitment to invest in the economic development and long-term sustainability in the Rochester community.
The new management team members - Ted Welter, director of leasing, Bill Daly, director of operations, and Sandy Behan, marketing director - will work closely with Glazer and CFO Dan Goldstein to maximize Buckingham's portfolio, increase occupancy and position the company for future acquisitions.
Welter is a 30-year veteran of the Upstate commercial real estate market and is charged with leading the leasing operations for Buckingham's 7.5 million s/f portfolio. Previously, Welter was with The Cabot Group for 27 years where his latest venture was the launch of their Charter Real Estate Brokerage Services.
Daly comes to Buckingham with over 20 years of design, project and facility management experience. As director of operations he oversees all the construction, renovation and facility operations for the company. Over the past 16 years, he has directed the development, permitting, construction and operation of over 4 million s/f of commercial space.
Behan leads the marketing operations across all business units. In her new role, she oversees the development of key marketing strategies and will ensure Buckingham's brand is used effectively across all media platforms. Sandy has worked in the marketing and communications field for more than 25 years and has experience working for her own advertising agency and in previous marketing management roles. She will focus on the tactical integration of all marketing with a focus on strategic planning in advertising, brand management, marketing communications, public relations and social media.
"This is an exciting opportunity to extend our reach further into the Greater Rochester area, while expanding in those areas where Buckingham already has an established presence. Our newly expanded management team will strengthen our ability to capitalize on long-term growth opportunities for our company while assuring we continue to provide great service to our many tenants and clients. Increasing our management portfolio is exciting for our company, especially in a down economy. It positions us to take advantage of the market recovery ahead," said Glazer.
Manhattan, NY AmTrustRE has completed the $211 million acquisition of 260 Madison Ave., a 22-story, 570,000 s/f office building. AmTrustRE was self-represented in the purchase. Darcy Stacom and William Herring
Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent