News: Brokerage

March of Dimes Westchester/Fairfield Real Estate Awards Breakfast

Shown (from left) are: Joseph Simone, president, Simone Development Cos.; March of Dimes executive director Annette Trotta;
honoree Andrew Ashforth, Co-CEO and a principal of The Ashforth Co.;
honoree Gary Kerr, managing director for Greystar Development Services;
event co-chair Patricia Valenti, executive managing director for Newmark;
and Louis Cappelli, chairman and CEO, Cappelli Organization.

Tarrytown, NY  March of Dimes NY Market held the Westchester/Fairfield Real Estate Awards Breakfast on November 2nd at the Westchester Marriott. The event honored two pillars of the real estate industry in Westchester and Fairfield, the first time the two counties joined together for the awards breakfast.

Gary Kerr, managing director for Greystar Development Services in the Northeast region, accepted the coveted March of Dimes Real Estate Award on behalf of Greystar. Greystar is a leading, fully integrated global real estate company offering expertise in property management, investment management, development, and construction services in institutional-quality rental housing, logistics, and life sciences sectors. Headquartered in Charleston, S.C., Greystar manages and operates more than $280 billion of real estate in 241 markets globally with offices throughout North America, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, manages more than 822,100 units/beds globally, and has a robust institutional investment management platform comprised of more than $75 billion of assets under management, including over $32 billion of development assets. Greystar was founded by Bob Faith in 1993 to become a provider of world-class service in the rental residential real estate business.

Andrew Ashforth, co-CEO and a principal of The Ashforth Company, a multi-generational, family-owned real estate company, received the Martin S. Berger Award for Lifetime Achievement. Andrew is jointly responsible for the overall operation of the company, including its ownership and development activities, and its divisions, A.P. Construction Company and Albert B. Ashforth, Inc. – Management Services. Ashforth also serves as a member of the company’s investment committee. In addition to his role as co-CEO, Ashforth is also CEO and president of A.P. Construction Company, where he is responsible for the overall operation, including long-term goals and direction. Since starting with A.P. Construction when it was formed in 1981, Ashforth learned the construction business from the ground up, giving him in-depth knowledge of every step required in a project. He became head of the division in 1990, and under his leadership, A.P. Construction revenues have grown from $10 million to $140 million a year. The company’s experience has expanded from corporate interiors to include schools and education, healthcare, senior living, private clubs, and multifamily projects.

Two leaders in the real estate community presented the awards. Louis Cappelli, founder and managing member, Cappelli Organization, presented the Real Estate Award to Gary Kerr and Greystar. Joe Simone, president of Simone Development Companies, presented the Martin S. Berger Award for Lifetime Achievement to Andrew Ashforth. 

Westchester/Fairfield March of Dimes Real Estate Awards Breakfast was hosted by News 12 Networks’ Emmy Award-winning anchor/host/reporter Tara Rosenblum and co-chaired by Patricia Valenti, executive managing director for Newmark and Don Bucci, managing director for JLL. The event had 500 attendees and dozens of sponsors and supporters including:

Presenting sponsor: Cappelli Organization. Title sponsor: Greystar. Platinum sponsors: The Mill and MacQuesten Development, LLC.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Strategic pause - by Shallini Mehra and Chirag Doshi

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

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,
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.