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Posted: December 26, 2011
John Pasquale of PEP Real Estate
What was your most notable project, deal or transaction of 2011?
The Miguel Antoinne lease at 39 Wooster St. The ground floor retail store is opening soon! Miguel's original location was in Garment District but they decided to relocate to SoHo neighborhood to be amidst the most premier and trendy designer stores in N.Y.C.
What was your greatest professional accomplishment in 2011?
163,000 s/f, FedEx building at City Center.
What are your predictions for commercial real estate in 2012?
There will be an increase in volume due to the stability of Manhattan's supply & demand economics.
What are your resolutions for 2012?
Continue to update Certificates of Occupancy to include Artist-in-Residence use group code in light of new artist certification requirements. Increase the number of short-term events to subsidize fixed expenses while long-term leases are being negotiated. Take advantage of social media outlets to further increase our international exposure.
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