Celestino of L&L Holding Co. to be honored by REBNY on June 2nd

Hank Celestino, L&L

New York, NY The Real Estate Board of New York (REBNY) has recognized L&L Holding Company’s Hank Celestino with its Edward A. Riguardi Commercial Management Executive of the Year Award for his exceptional leadership in the field of commercial property management.

REBNY will honor Celestino, a 40-year veteran of the industry, during its Commercial Management Leadership Breakfast on Thursday, June 2^nd at the New York Hilton. Established in 2003, the award recognizes REBNY members for their career accomplishments, long-term leadership and significant contributions to the field of property management.

“L&L Holding is dedicated to maximizing property performance, providing our tenants with the very best in service, and reimagining our growing portfolio of iconic New York City buildings for the 21^st Century,” said L&L Holding chairman and CEO David Levinson. “Such an ambitious agenda would not be possible without the incredible expertise, talent and dedication of Hank and his team.  We congratulate him on this prestigious and well-deserved honor and look forward to his continued success at L&L.”

As executive vice president of management and construction at L&L, Celestino is responsible for overseeing the day-to-day construction, engineering, building operations and management throughout the company’s six million s/f New York City portfolio, and plays an integral role the building redevelopment and commissioning projects at 114 5^th Ave., 222 Broadway,  200 5t^h Ave. and 195 Broadway. He has also guided the engineering, planning and installation process for several large mechanical and architectural capital infrastructure projects.

Prior to L&L, Celestino served as Executive Vice President of Building Operations and Construction for Newmark Real Estate, where he was responsible for the property management function of the company’s 25 million square-foot third party institutional portfolio. Additionally, he is a principal member of the Building Owners and Managers Association (BOMA/NY), a member of REBNY Management Board of Directors & Management Council and has served on the board of directors of the New York Energy Consumers Council.

The REBNY award is yet another in a series of industrywide recognitions for L&L Holding and its team in 2016.  In January, the company was named “Developer of the Year” by the Greater New York Construction User Council (GNYCYC) for its role in reimagining and redeveloping commercial office buildings throughout Manhattan. In addition, L&L recently received a 2016 Merit Award from the American Institute of Architects New York City Chapter (AIANYC) for its ambitious re-massing of 390 Madison Ave., and was named a finalist for an excellence award by the New York chapter of the Urban Land Institute (ULI) for its work at 114 Fifth Avenue in the Flatiron District.

A pioneer in transforming neighborhoods, L&L Holding Company also has won widespread acclaim for its work at 425 Park Avenue, a Norman Foster-designed office tower that will be the first full-block tower constructed on the famed boulevard in half a century; and 200 Fifth Ave., the former International Toy Center, an 800,000-square-foot office building that L&L transformed into a trophy office property in 2009.

For more information about REBNY’s 13th Annual Commercial Management Leadership Breakfast, please visit the REBNY website at www.rebny.com