News: Brokerage

Locatell hired by Appraisers and Planners, Inc. as president

Sharon Locatell, MAI, MRICS, has joined Appraisers and Planners, Inc., one of New York City's most venerated, full-service real estate and valuation firms, as president, effective immediately, according to chairman of the board, Jim Levy, MAI, ASA, MRICS. Locatell was previously executive director, Brown Harris Stevens Appraisal & Consulting, LLC. Locatell has 25 years experience in real estate valuation and consulting with a background that encompasses property types including commercial, residential, retail, industrial and vacant land, as well as lease analysis and feasibility studies. She has been actively involved in market value appraisals, consulting assignments, arbitration proceedings, purchase price allocation studies, estate work, litigation support and expert witness testimony and investment advisory consultation. "Sharon brings a wealth of diversified experience in all facets of appraisal and valuation as well as well-honed professional skills and an outstanding reputation in the industry to her new position," said Levy. "Her skills will serve to propel Appraisers and Planners to its next level of growth." Headquartered in New York City with offices in Philadelphia, Appraisers and Planners is currently in its 80th year, having been founded in 1933. The firm is active nationally through its affiliations with other leading appraisal firms, providing a one-stop resource for clients with Metro New York or multi-state real estate interests and needs. Locatell has acted as real estate appraiser and/or consultant to Rudin Management Company, Cord Meyer Development LLC , Jack Resnick & Sons, Inc., The LeFrak Organization Inc., The Shubert Organization, Richemont, New York Racing Association, Inc., Titan Capital, Emerald Creek Capital, Roman Catholic Archdiocese of New York, Yeshiva University, Lord & Taylor, Wien & Malkin, Consolidated Edison, Friedman LLP, Rockefeller Center, GAP Inc., General Accident, as well as other institutions, corporations and individuals. Her valuations have also included Rockefeller Center and the MesseTurm in Frankfurt, Germany, one of Europe's tallest office buildings. Locatell has testified as an expert witness in Federal District Court on numerous occasions, and in various local and state courts. She is also active as an arbitrator. She is a member and currently 2nd Vice President of the Metropolitan New York Chapter of the Appraisal Institute and a member of REBNY. She holds an MAI designation from the Appraisal Institute and MCRICS from the Royal Institution of Chartered Surveyors of which she is a member. She is also a certified general real estate appraiser in the states of New York, New Jersey and Connecticut. Locatell holds a BA from Gettysburg College and an MA in Real Estate and Urban Analysis Administration from the University of Florida.

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