News: Brokerage

Schneidman joins Herald Square Properties as partner

According to Gerard Nocera and Michael Reid, founding partners of Herald Square Properties, Jon Schneidman has joined the firm as a partner. In his new position, Schneidman is responsible for investments and has already worked on the acquisition of the firm's newest properties at 142 West 36th St. and 234 West 39th St. "Jon brings strong relationships and investment acumen to our group," said Reid. "He is a visionary with great integrity and we are glad to have him on board." Prior to joining Herald, Schneidman was a managing director and member of the real estate executive committee at Lehman Brothers Holding, Inc. which followed his tenure as senior vice president of the Global Real Estate Group for Lehman Brothers. Before that, he was a vice president at Eastdil Realty. Nocera, "Herald Square Properties was established at the tail end of a downturn and in a relatively brief period, the portfolio has grown, as has the team. The upcoming year will be an important time for our continued expansion." The management team also includes John Monaco, partner, who joined shortly after Herald Square Partners was launched in 2009. Messrs. Reid and Nocera are both former Chief Operating Officers of S.L. Green Realty Corp., and Monaco is a former SL Green senior vice president.
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