Northeast PCG and Carassone join forces in property management

Investment sales broker Northeast Private Client Group has expanded its New York property management operations through a newly formed strategic partnership with Carassone Properties of Fishkill. The formed entity will do business as Northeast Carassone Management, Inc., with offices in Fishkill, and Hartford, CT., better positioning Northeast PCG to serve building owners and real estate investors in Hudson Valley and Westchester. Under the leadership of Paul and Marc Carassone, both veteran multifamily managers and strategists, the Northeast Carassone Management senior team also includes Andre Bakaj and Michele Velez, ARM. The company currently provides asset management and leasing services for hundreds of apartment units across multiple submarkets. "Our longstanding relationship with Carassone Properties helped pave the way for this partnership," said Edward Jordan, JD, CCIM, Northeast PCG's managing director. "We will now be able to leverage our newly combined management team to support building owners and investors from the Hudson Valley through Central Connecticut." Bakaj joined Northeast PCG in 2011 as head of its Hartford-based investment sales team and was named sales and leasing manager for the property management division in 2012. Ms. Velez joined the team in 2013 with Northeast PCG's acquisition of the Connecticut property management assets of Redbrick Partners, a Washington, DC, based multifamily investment and development firm. This expansion of the Northeast PCG's property management capabilities complements the firm's rapid growth with offices in New York, Connecticut, Massachusetts and Rhode Island.