News:
Brokerage
Posted: June 6, 2017
Longley Jones Management Corp. under new ownership
Longley Jones
East Syracuse, NY After nearly 60 years spent serving New York State, Longley Jones is expanding its repertoire under new leadership.
Longley Jones Management Corp. is a real estate company founded in 1958 by Alan Longley and Colby Jones. In July of 2015, previous owner Carlyle Smith passed away at the age of 87. In the wake of his passing, CFO Ronald Mucci assumed a leadership role in the company, providing stability and direction. Mucci has purchased Longley Jones Management Corp., becoming president and CEO.
Mucci plans to expand and diversify Longley Jones by adding several divisions which will work together to provide a complete list of real estate services. The most immediate of these additions will be: Real estate brokerage, development and energy management.
The real estate division will include commercial and residential aspects and will be led by Andréa Bucci, energy management will be led by Margaret “Peggy” Gans, and development will be led by Robert Nickels.
“Since Ron took charge I have seen a steady increase in efficiency and overall effectiveness,” said vice president Steven Nickels, a 36 year veteran at Longley Jones.
“My goal is to create a multifaceted organization by bringing together strong, skilled and knowledgeable individuals,” said Mucci when asked about his vision for the company.
Mucci is a graduate of Syracuse University with a background in real estate, accounting and finance. Prior to working at Longley Jones, he served as CFO of other real estate, development and management companies.
Tags:
Brokerage
MORE FROM Brokerage
Horvath & Tremblay Announces Strategic Integration of B6 Real Estate Advisors, Expanding New York City Presence
New York, NY Horvath & Tremblay, a premier real estate services firm specializing in investment real estate brokerage, 1031 exchanges, debt/equity placement, and appraisal & valuation services, announced the strategic integration of B6 Real Estate Advisors into the firm’s growing national platform.
Columns and Thought Leadership
A fresh start - by Shallini Mehra and Amit Doshi
For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,
Strategic pause - by Shallini Mehra and Chirag Doshi
Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
AI comes to public relations, but be cautious, experts say - by Harry Zlokower
Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
