News: Brokerage

Thru the Lens: Kensington Vanguard National Land and Meister Seelig & Fein

Kensington Vanguard National Land and Meister Seelig & Fein sponsored a celebratory get-together to mark the beginning of a positive turn-around in the real estate market. More than 400 people attended the event, which was held at the Ainsworth restaurant in Chelsea. Matthew Kasindorf, a partner at Meister Seelig & Fein and the chairman of the firm's real estate department, and Jarett Fein and Brian Cooper, both co-chief executives of Kensington Vanguard National Land, organized the event. Kasindorf said, "Our event was a resounding success. Hundreds of top real estate professionals, including investors, developers, brokers, bankers, appraisers, architects, and others involved in real estate attended the event. Our goal was to jumpstart the spring season and to create a positive networking environment for what looks like the end of a long, painful recession." "There was an infectious spirit of enthusiasm which permeated the room. It could not have been more vibrant. Those in attendance made important new contacts and even began the initial phases of deal making. Amongst the attendees, there was unanimous agreement that we are finally out the recession; and that there has been a significant increase in the velocity of deal making with pricing is on the upswing," said Kasindorf. Fein said,"There were several reasons for coordinating and hosting the event. The first was to join forces with Meister Seelig to sponsor and promote a festive environment where our clients could get together, connect with one another, interact with familiar faces as well as meet new people, and most importantly to create and develop new business opportunities. In addition, we felt that such an event would further enhance the brand and growing reputations of Kensington Vanguard and Meister Seelig, both of which are highly respected as leaders in the commercial real estate industry. We combined our resources to bring together our prominent clientele and spheres of influence who, in many instances, will be able to provide mutually beneficial advantages to one another. Lastly, but certainly not least, the event was designed to be a sincere token of appreciation for our clients." "Matt and I agree that the recent wave of new deals shows that the market is taking off," said Fein," and we believe that 2011 and 2012 will be exciting and profitable for the entire commercial real estate community. "Things are indeed looking brighter and our innovative, experienced and market savvy clients are demonstrating their optimism about the market by participating in an upsurge of deals. They obviously believe in New York real estate, as do Matt and I."
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