News: Brokerage

Professional Profile: Andrew Ackerman 2013

Name: Andrew Ackerman Title: Leasing Associate Company: Vornado Realty Trust Location: 888 Seventh Avenue, New York, N.Y. 10019 Birthplace: New York, N.Y. Education: Ithaca College, N.Y. First job outside of real estate: World Wrestling Entertainment (WWE) First job in real estate or allied field: Cushman & Wakefield What do you do now and what are you planning for the future? Vornado Realty Trust is a publicly traded REIT and one of the largest owners, managers and developers of commercial real estate in the United States (over 100 million s/f). It is one of the largest landlords in N.Y.C. and Washington DC. How do you unwind from a busy day in real estate? Watch TV and have a beer. Favorite book or author: "The Sisters Brother" by Patrick deWitt Favorite movie: "Caddyshack" Last song you downloaded? The Mumford & Sons album One word to describe your work environment: Camaraderie Rules to live by in business: Work hard and be a nice guy If you could invite one person to dinner (living or dead) who would it be and where would you go? Ray Lewis What is your dream job? College football coach in the SEC
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Columns and Thought Leadership
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.
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
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
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,