News: Brokerage

Lee promoted to director in Ariel Property Advisors’ investment sales division

Brooklyn, NY According to Ariel Property Advisors, McNally Lee has been promoted to director in the investment sales division. In addition to originating and executing exclusive sales listings in the borough, he is responsible for leading business development and networking initiatives.

Lee will report to Paul McCormick, senior vice president of investment sales and capital services. In his role, Lee will work with Sean Kelly Esq., senior director, to implement business transactions and strengthen the company’s presence. 

“McNally has proven himself to be a powerful force in the investment sales market, and we are thrilled about adding him to our team of top-notch Brooklyn professionals,” McCormick said. 

Since joining Ariel Property Advisors as an associate in May of 2017, Lee has participated in the marketing of exclusive listings, with an aggregate value exceeding $150 million. Prior to joining the firm, Lee spent three years at Cushman & Wakefield’s Brooklyn office, where he was involved in the origination, underwriting, marketing and sale of over 60 properties valued at more than $800 million.

“McNally is a rising star in the New York City investment sales community and brings a vast amount of knowledge about real estate,” said Shimon Shkury, president and founder of Ariel Property Advisors. “We look forward to McNally leveraging Ariel Property Advisors’ platform, working closely with the partners and senior directors, and further entrenching our presence in Brooklyn.”  

McNally S. Lee holds a B.A. in Politics from Bates College, where he was a member of the Varsity Men’s Lacrosse team. 

“I am excited to be taking this step at a firm that is extremely well-positioned for growth in Brooklyn, and happy to be playing role in the firm’s ongoing efforts to help our communities,” Lee said. “The research division and operational support, combined with a top-notch talent pool and team-oriented approach, gives us, investment sales professionals, the support we need to best serve our clients.”

Ariel Property Advisors is a commercial real estate services and advisory company located in New York City. The company covers all major commercial asset types throughout the NY metropolitan area, while maintaining a very sharp focus on multifamily, mixed-use and development properties. Ariel’s Research Division produces a variety of market reports that are referenced throughout the industry.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Positive forecast for New York’s pro-housing push? - by Philip Butler

Positive forecast for New York’s pro-housing push? - by Philip Butler

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
A guide to finding the right NYC property management company - by Sanjay Gandhi

A guide to finding the right NYC property management company - by Sanjay Gandhi

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
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

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
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

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.