News: Brokerage

CREWNY finishes 2018 with monthly panel lunch, awards and Secret Santa initiative

New York, NY Commercial Real Estate Women (CREW) New York held its last luncheon of 2018 featuring a panel program, awards and its annual Secret Santa initiative. 

“Transforming the Lower East Side: Essex Crossing” was the luncheon topic where experts from various aspects of the 1.9 million s/f urban renewal project shared their experiences of working with their companies and each other. 

Essex Crossing combines nine sites being brought together as a visionary development that includes retail, residential, office, community attractions and amenities such as green space. 

Panelists included Colleen Wenke, Taconic Investment Partners LLC; Ashley Schwemmer, West 8; Ari Zagdanski, Kinsman Property Group; and Bernadette Amarosa, L+M Development Partners Inc. Ariel Triosh, Douglas Elliman, served as moderator. 

Shown (from left) are: Barbara Champoux, Jennifer Carey and Jaimee Nardiello. 

Jennifer Carey, principal of JLC Environmental Consultants was named CREWNY’s 2018 Star of the Year. A past president of CREWNY, Carey also served on CREW Network’s board of directors as chair of the Foundation Committee and was named a Woman of Influence by Real Estate Forum. 

Shown (from left) are: Michael Vardaro, managing partner; Barbara Champoux; and Jaimee Nardiello, partner.

Zetlin & De Chiara LLP was the recipient of the 2018 Sponsor of the Year Award. 

Zetlin & De Chiara provides sophisticated legal representation and business counsel to some of the world’s most prominent real estate owners, developers, architects, engineers and contractors in all aspects of complex construction projects and disputes. 

The Foundation Committee of CREWNY once again collected gifts for children living in WIN (Women In Need) residences. The annual Secret Santa initiative, whereby children write letters to Santa that are distributed to CREWNY members to anonymously fulfill, provided 600 gifts for boys and girls.

Cindy Boyea of Paramount Group organized this year’s drive. Katherine DeMercurio of Evergreene Architectural Arts, is chair of the Foundation Committee. 

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

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
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,