News:
Owners Developers & Managers
Posted: August 7, 2018
Lee named executive vice president of MVS
New York, NY Donald Lee has been appointed executive vice president at Metropolitan Valuation Services (MVS), one of the largest independent commercial property appraisal and consulting practices for lenders and owners in the New York Metropolitan market. The appointment is effective immediately.
Lee joined MVS in 2003, the year the firm was founded, and served as a senior vice president and team leader. He now joins Peter Rastetter and David Lyon as executive vice presidents.
“Donald has been AN invaluable asset to the firm,” said Steven Schleider, co-founder and president, MVS. “With his vast knowledge of commercial appraisal and particular expertise in the multifamily market, he will continue to be a significant contributor to the firm’s accelerating growth.”
Lee has 17 years of appraisal experience with income producing properties including multifamily rental and cooperative apartment buildings, government subsidized housing facilities, and mixed-use properties incorporating retail, community facility and garage components. As senior vice president, he has been responsible for the firm’s metropolitan area multifamily portfolio work.
Lee is certified by the State of New York as a Real Estate General Appraiser and is currently a candidate for designation with the Appraisal Institute.
MORE FROM Owners Developers & Managers
JVP Development names new sales team at 250 West 96th St.
Manhattan, NY JVP Development has appointed Team Arceon, led by Corcoran Top 25 broker Kristen Suh, as the exclusive sales and marketing team for 250 West 96th St., the 131-residence luxury condominium on the Upper West Side designed by renowned Danish designer Thomas Juul-Hansen. The official announcement comes on the heels of 250 West 96th St.
Columns and Thought Leadership
NYC's Community Opportunity to Purchase Act is back - and multifamily owners should pay attention - by Ron Cohen
New York City’s Community Opportunity to Purchase Act (COPA) is back, and this latest version could have a much better chance of becoming law. The proposal would give qualified nonprofit organizations
Don’t leave severance damages behind - by Sebastian Jablonski
When the government takes a portion of a landowner’s property, most assume just compensation stops at the value of the land taken. However, in partial takings, that is only half of the equation.
Hunt Commercial Real Estate Q&A: Location, location, location? - by David Hunt
In working with our clients, we break down our search objectives into two categories. The first category involves the specific needs of your business such as warehouse height, amount of office space and number of loading
New York City’s historic rent freeze now rests with the courts - by Ron Cohen
New York City’s first-ever two-year rent freeze is now in the hands of a state Supreme Court judge, and the decision could reset income for owners of roughly one million rent-stabilized apartments housing some 2.4 million residents.