News: Brokerage

Passero Associates reveals leadership transition

Passero Associates reveals a leadership transition that will impact service delivery to clients, stimulate growth and new opportunities, and enhance the firm's overall performance. Gary Passero, PE, F.ASCE, REM, is transitioning from his role as CEO to founding partner. As founding partner, Passero will serve as the firm's touchstone for conducting business according to its core values. Wayne Wegman, PE, is transitioning from president to CEO. As CEO, Wegman will focus on the growth and expansion of the firm, and on maintaining the firm's culture of exceptional service. John Caruso, PE, PMP, a principal, is transitioning from senior vice president to president of the firm. As president, Caruso will ensure that all aspects of the firm's operations contribute towards its success. Passero Associates provides planning, engineering, architectural design, sustainability, surveying, program management and construction administration services in the Northeast, Midwest, and Southeastern United States. Founded in 1972, and with a staff of over 90 professionals, we proudly serve our clients, partnering with them to achieve their goals.
MORE FROM Brokerage

Century Cricket Centre to open first U.S. location near Bryant Park in 14,000 s/f lease

Manhattan, NY Century Cricket Centre, an Australian-backed indoor cricket and sports-tech concept, will open its first U.S. location in a 14,000 s/f at 25 W. 39th St. near Bryant Park following a 15-year lease arranged by Lee
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

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

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.
Artificial intelligence in lending - by Lindsay Mesh Lotito

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

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