News: Brokerage

Rose Associates hires Bengelsdorf as a director

Rose Associates has hired Michele Bengelsdorf as a director within the company's asset management division. Bengelsdorf joins Rose from Deutsche Bank's RREEF where she was vice president of asset management. "Michele is an expert asset manager with a strong knowledge of real estate operations in New York City," said John Gacinski, CFO of Rose Associates. "At Rose she will manage a portfolio of rental properties, street-level retail space and a collection of parking garages." Bengelsdorf has two decades of experience working in real estate, and she's spent more than 10 years focused on asset management. At RREEF she was responsible for overseeing operations of residential properties that comprised 2,000 units of housing. These assets were located throughout the city, the Northeast and the Mid-Atlantic. Earlier in her career, Bengelsdorf worked in Jones Lang LaSalle's N.Y. office where she was a vice president of strategic advisory and valuation services. Bengelsdorf earned a bachelor of science degree in Business Administration from Boston University. Based in New York City, Rose Associates is a developer, manager and marketer of premium residential, commercial and retail properties. The Rose 360 Platform offers a variety of expert services including pre-development consulting, property development, property management, residential marketing, retail and commercial leasing, construction supervision, project management, and asset management.
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REALM, DelShah Capital and A.M. Properties acquire 377,000 s/f CitySpire office condominium

Manhattan, NY REALM, in partnership with DelShah Capital and A.M. Properties, acquired  CitySpire, a 377,000 s/f office condominium comprising 24 floors within the 70-story tower at 156 W 56th St. in Midtown. Adjacent to Central Park with transit access and amenities, CitySpire is a Class A office asset located in one of the city’s most sought-after office corridors.
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A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

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