News: Owners Developers & Managers

National Resources and Diamond Properties honored at BOMA’s hall of honor dinner

Shown (from left) are: Scott Tangredi, James Diamond and Stephanie Manfredi.

Tarrytown, NY More than 200 leaders from the local CRE community were on hand May 15 for the Building Owners and Managers Association of Westchester (BOMA) 33rd Annual Hall of Honor Awards dinner. The dinner, which was held at Abigail Kirsch at Tappan Hill, honored National Resources and Diamond Properties for their contributions to Westchester’s economy. William Bassett, general manager of Cushman & Wakefield and former BOMA president 2016 to 2018, received the President’s Award. Accepting the award for National Resources was Lynne Ward, president. Accepting the award for Diamond Properties was James Diamond, CEO.

National Resources, co-founded in 1988 by Joe Cotter and Lynne Ward, is a real estate development firm that focuses on the redevelopment of corporate properties. Operating in the New York metro region for over 35 years, the company’s portfolio is comprised of mixed-use, commercial and multifamily properties. NRE is best known for its film and movie studios, its innovative i.Parks, its UNO brand of multifamily units and its landmark Hudson River and Greenwich waterfront residences. 

National Resources has developed several i.Park mixed-use campuses in former industrial infill locations, resulting in the creation of multiple new jobs in spaces occupied by new companies. 

Diamond Properties, established in 1995, and co-founded by Jim and Bill Diamond, is a Westchester commercial real estate firm known for its innovative redevelopment projects and commitment to sustainability. Diamond has acquired in excess of 125 properties, including office, medical, industrial, retail, residential, self-storage, recreation, and lodging in 13 states, and currently owns more than 100 properties totaling in excess of 17,000,000 s/f. Located in Mount Kisco, Diamond Property focuses on the acquisition of commercial properties with potential for substantial improvement through hands-on property management, market repositioning, and capital upgrades. 

The dinner also featured the winners of the Best of BOMA Westchester County Signature Awards.

Best Curb Appeal

Simone Development Companies

One Executive Boulevard, Yonkers, NY

Accepting the award was Joseph Simone, President, Simone Development Companies

Best Adaptive Re-Use: 

ArchCare

2 Midland Avenue, Tuckahoe, NY

Accepting the award was Annemarie Covone, Executive VP/CFO, ArchCare

Best Tenant Fit Out: Commercial 

Legal Aid Society of Westchester

150 Grand Street, White Plains, NY

Accepting the award was Clare J, Degnan, Executive Director, Legal Aid Society of Westchester 

Best Tenant Fit Out: Industrial 

Feeding Westchester

200 Clearbook Road, Elmsford, NY

Accepting the award was Tami Wilson Chief Operating Officer, Feeding Westchester

Best Management Team:

 Albert B. Ashforth
 399 Knollwood Road, White Plains

Accepting the award was Lisa Horvath, VP, Albert B Ashforth 

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Hunt Commercial Real Estate Question and Answer:  Evaluating the buyer - by David Hunt

Hunt Commercial Real Estate Question and Answer: Evaluating the buyer - by David Hunt

The Purchaser: This is usually a subjective decision. As an example, a large public company may be a desirable purchaser because it is financially strong, but
Hunt Commercial Real Estate Q&A:  Location, location, location? - by David Hunt

Hunt Commercial Real Estate Q&A: Location, location, location? - by David Hunt

In working with our clients, we break down our search objectives into two categories. The first category involves the specific needs of your business such as warehouse height, amount of office space and number of loading
IREON Insights:  Research and development tax credit: Very important deadline for amendments is July 6 - by Richard Levychin

IREON Insights: Research and development tax credit: Very important deadline for amendments is July 6 - by Richard Levychin

If you are a company that either claimed or qualify for the research and development tax credit you need to be aware of the following update resulting from the One Big Beautiful Bill Act (OBBBA).
Follow the upside: How NYC  investors are rethinking real estate - by Thomas Donovan

Follow the upside: How NYC investors are rethinking real estate - by Thomas Donovan

In my earlier years of brokerage, my team had our investor list divided into five brackets – multifamily, retail, office, industrial and development. For the most part, multifamily investors only wanted to see multifamily