News: Brokerage

Milano promoted to managing director at Hartz Mountain Industries, Inc.

Hartz Mountain Industries, Inc. has promoted Constantino "Gus" Milano as a managing director. In his new role, he will assume additional responsibility for the company's commercial real estate portfolio, which has expanded from its emphasis on office parks, industrial property, shopping centers and hotels to include an investment in residential properties. Milano has been integral to the company's success since joining Hartz Mountain Industries, Inc. in 1981. Starting as an analyst on the first generation of Harmon Cove developments, Gus worked through the ranks of the finance department before becoming its senior executive and then assuming responsibility for leasing. Hartz's 2011 leasing performance was the company's best since 2005. "Gus has guided the company in some tough economic times," said Emanuel Stern, president and COO of Hartz Mountain Industries. "He is a consummate leader whose unique insight has created value for this company, and he has played an integral role in transforming the company into what it is today." ABOUT HARTZ MOUNTAIN INDUSTRIES
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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,
A fresh start - by Shallini Mehra and Amit Doshi

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

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,