News: Brokerage

Picco named a senior VP by CresaPartners

CresaPartners has appointed Gerard Picco as senior VP of its New York office. A real estate veteran with 25 years of experience, he was most recently was regional managing director of Mohr Partners. Prior to that, he held senior positions at Edward S. Gordon Co., Inc., and U.S. Trust Co. of New York. He has a range of experience, including commercial tenant advisory, leasing, investment sales and leasebacks, portfolio management and portfolio value engineering. He has represented the real estate interests of many local, national and international businesses and Fortune 500 companies, including L-3 Communications, Terex, Source Interlink, U.S. Legal Support Inc., and Banco Popular, NA. "Gerard's extensive and varied background in corporate real estate make him a tremendous resource for his clients," said Marcus Rayner, principal and executive vVP of CresaPartners. "That background, combined with his hands-on approach to problem solving and his ability to think strategically, make him a great asset to our New York team." Picco is a member of Financial Executives International, CoreNet Global, U.S. Coast Guard Auxiliary, and the New-York Historical Society. He graduated from the State College of New York, Fredonia College, with a Bachelor of Arts.
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
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
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.
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,