L&L Holding Company, LLC, one of New York's largest privately-owned commercial real estate companies, has expanded its asset management department with two new hires, it has been revealed by L&L chairman and CEO David Levinson.
Financial professionals Katherine Lau and James Trayor have joined the firm as asset management analysts, reporting to L&L's senior vice president and director of asset management, Howard Slavin.
Lau and Trayor will be responsible for supporting the asset management team in managing, recapitalizing and refinancing L&L's portfolio of office buildings and development projects.
Lau began her career at Prudential Real Estate Investors as an Investment Analyst in the firm's PRISA II core-plus fund, where she supported the asset management and development teams in managing the portfolio's complex retail investments and distressed land positions. She is a graduate of New York University, where she received the Founders' Day Award. She currently serves on the board of the NYU Tisch Center Alumni Society.
Traynor formerly worked with Ernst & Young's Transaction Real Estate Group in New York City, primarily focused on the due diligence and underwriting of class A office properties, for both portfolio and single-asset transactions, collectively valued at over $3 billion. He graduated summa cum laude from the University of Central Florida with a Bachelors of Finance and holds a Master's in Real Estate from the University of Florida.
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing
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.
Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional