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2017 Year in Review: Gary Cottet, Cushman & Wakefield/Pyramid Brokerage Co.
December 19, 2017
What was your most notable project, deal, transaction or professional achievement in 2017?
My most notable transaction in 2017 was a tenant rep assignment for a 200,000 s/f warehouse lease renewal. We were able to reduce the tenant’s occupancy costs considerably although the…
2017 Year in Review: Michael Lee, HKS Capital Partners
December 19, 2017
What was your most notable project, deal, transaction or professional achievement in 2017?
A sponsor came to us looking to build a 70,000 s/f retail and residential project in Queens. The sponsor was strong, however they had never built a ground-up project before. Even worse, they already failed to get a construction loan with another…
2017 Year in Review: Karen Dome, Coldwell Banker Commercial Advisors
December 19, 2017
What was your most notable project, deal, transaction or professional achievement in 2017?
Most notable deal I brokered the sale of 75 Holly Hill Lane, a 105,102 s/f office building for $33.75 million. CBC Advisors represented the buyer and the seller in this transaction. It is a class A office asset located in Greenwich. The property’s location ownership and tenancy made…
2017 Year in Review: Amy Pearl, Silverback Development
December 19, 2017
What was your most notable project, deal, transaction or professional achievement in 2017?
My most notable project of 2017 is 67 Livingston. We structured and capitalized this deal during an interesting time to obtain construction loans, and work towards renovating this unique building in a prime Brooklyn location. The notoriety of this building stems from…
2017 Year in Review: Chuck Merritt, Merritt Environmental Consulting Corp.
December 19, 2017
What was your most notable project, deal, transaction or professional achievement in 2017?
Assisting in the conversion of a dark auto dealership to a fitness facility. The property was littered with environmental issues including…
2017 Year in Review: Howard Rowland, EW Howell Construction Group
December 19, 2017
What was your most notable project, deal, transaction or professional achievement in 2017?
EW Howell completed the first phase of the Stony Brook University Hospital Medical and Research Translation (MART) project, one of the…
2017 Year in Review: David Ehrenberg, Brooklyn Navy Yard Development Corp.
December 19, 2017
What was your most notable project, deal, transaction or professional achievement in 2017?
In November, the Brooklyn Navy Yard opened Building 77, a one million s/f manufacturing center anchored by a 60,000 s/f ground floor Food Manufacturing Hub. Building 77 is the largest manufacturing building to open in…
2017 Year in Review: Robert Bartels, Steamfitters Local 638
December 19, 2017
What was your most notable project, deal, transaction or professional achievement in 2017?
2017 saw a decade high number of New York City residential construction permits. As more builders seek a cheaper route, in 2017 Steamfitters Local 638 with the Mechanical Contractors Association collectively adjusted…
2017 Year in Review: Efstathios Valiotis, Alma Realty Corp.
December 19, 2017
What was your most notable project, deal, transaction or professional achievement in 2017?
The creation of 700 units of long-term affordable housing at the former Brooklyn Jewish Hospital in Crown Heights. The historic complex, built between 1901 and 1927, was once among the city’s most…
2017 Year in Review: Katharine Finch, Windels Marx Lane & Mittendorf, LLP
December 19, 2017
What was your most notable project, deal, transaction or professional achievement in 2017?
We obtained a settlement which lowered the aggregate property assessment over $10 million for one of the city’s oldest cooperatives, resulting in over $1 million in tax savings. While it is always satisfying to watch…
2017 Year in Review: Ryan Sanzari, Alfred Sanzari Enterprises
December 19, 2017
What was your most notable project, deal, transaction or professional achievement in 2017?
In 2017, my second year as chief operating officer, my most notable achievement was directing our company’s transition to a more streamlined, modern operation which incorporates the latest technology to facilitate…
2017 Year in Review: Adelaide Polsinelli, Eastern Consolidated
December 19, 2017
What trends will impact your business in 2018?
The evolving retail sector will continue to reshape the real estate market in 2018, but I’m optimistic because we’ve been here before. I remember in the late 1980s when Mays department store closed after being in operation for…
2017 Year in Review: Adam Traub, Westbridge Realty Group
December 19, 2017
What trends will impact your business in 2018?
There are two rental markets in NYC. Roughly half the apartments are under rent regulation or a government program. That leaves everyone else to compete for the half with rents determined by the market. It creates enormous incentive for…
2017 Year in Review: Hope Knight, Greater Jamaica Development Corp.
December 19, 2017
What was your most notable project, deal, transaction or professional achievement in 2017?
As part of a highly competitive, statewide competition - known as the Downtown Revitalization Initiative – GJDC helped create a winning application securing $10 million of state investments for Downtown Jamaica. In July 2017, lieutenant governor Kathy Hochul visited…
2017 Year in Review: Lawrence Sarn, CPEX Real Estate
December 19, 2017
What trends will impact your business in 2018?
As has been well documented, investment sales activity in New York City has declined precipitously in 2017. We have found that transactional and dollar volume are down a third compared to last year, and almost half…
2017 Year in Review: Paula Parrino Altiere, Nationwide Court Services Inc.
December 19, 2017
What was your most notable project, deal, transaction or professional achievement in 2017?
In 2017, we were approached about forming a new venture by owners of a failing process service company. They specialized in serving foreclosure papers in New York, Pennsylvania, New Jersey, Maryland, Delaware, and Washington D.C. We took over the…
2017 Year in Review: Carl Schwartz, Hunton & Williams LLP
December 19, 2017
What was the best decision you made in 2017 and why?
Supporting my partners’ efforts to bring in new partner Rob Brusco and special counsel Jill Hayman. As the real estate market has gotten more challenging, our clients have had to become more…
2017 Year in Review: Karen Cohen, Karen Cohen Realty & Associates
December 19, 2017
What was the best decision you made in 2017 and why?
The best decision I made in 2017 was to strike out on my own and start my own real estate company, Karen Cohen Realty & Associates. My career in real estate began eleven years ago when I had four children home and…
2017 Year in Review: Richard Mailand, Owner/Developer
December 19, 2017
What was the best decision you made in 2017 and why?
The best decision I made in 2017 was to proceed with the construction of a 10,000 s/f multi-tenant industrial building in Center Moriches. With industrial space at 100% occupancy at several of my other locations and…
