Michael Licata 2012

Name: Michael Licata Title: Director, Business Development Company: TM Montante Development Corp. Location: Tonawanda, NY College: BS, Business Management, SUNY Buffalo Family: Wife, three daughters First job unrelated to your current field: Lifeguard First job in current field: Business manager, economic development What your firm does now and its plans for the future? Commercial real estate and solar project development are both our current and future areas for growth. Hobbies: Golf, fencing, sailing, and scuba diving. Favorite Film: "The Quiet Man" Favorite Novel: "Lamb, The Gospel according to Biff" by Christopher Moore Keys to success: Not fearing failure, ability to adapt quickly Person(s) you most admire (outside of family): Ernest Shackleton If you had to choose a different profession, what would it be? Fighter pilot

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Investment Property Realty Group closes $2.175 million sale of 247 Leonard St.

Brooklyn, NY Investment Property Realty Group (IPRG) closed the sale of 247 Leonard St., a multi-family building located in the Williamsburg section of the city, for $2.175

GFP Real Estate continues leasing momentum at 322 Eighth Ave. with 9,952 s/f of transactions

GFP continues leasing momentum at 322 Eighth Ave.

Zimmet Law Group signs 5,476 s/f lease at GFP Real Estate’s 515 Madison Ave.

Zimmet Law signs 5,476 s/f lease at GFP’s 515 Madison Ave.

1122 Madison Avenue inks $21.175 million contract

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Rudin secures lease with JAMS at the top of 3 Times Square

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Okada of Okada & Co. speaks at Asian Real Estate Professional Association Distinguished Speaker Event

Columns and Thought Leadership

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking