News: Spotlight Content

The "silver lining" in the cloud of the current economy is...

Marie-Claire Cunningham is an executive vice president at Jones Lang LaSalle. Cunningham is a senior member of Jones Lang LaSalle's corporate account management team in New York. She is the transactions platform lead for the company's work with a major financial institution, providing best practices, reporting and training for the office and retail leasing team. She is also a member of the firm's transactions management advisory committee. Previously, she managed the retail leasing group for the bank's 500 branches in the United States. Cunningham was named one of the top 50 women in real estate in June 2004 by AREW and Real Estate Weekly. Cunningham received the Irish American Building Society's Award of Honor in Real Estate in May 2006. Among her career achievements are: Overseeing a major expansion of Roosevelt Field Mall on Long Island-the shopping center is one of the country's top-ranked malls, and selling 4 million s/f of development rights at Colgate Center in Jersey City, N.J. Cunningham is also heading for Jones Lang LaSalle two initiatives for a significant international financial insitution: she is leading the company's U.S. retail leasing team in overseeing the client's 500 branches, which total 2.8 million s/f and she is supervising a cross-functional team in developing an opportunity assessment to identify cost-savings options for the client's office and retail portfolio, which totals nearly 10 million s/f. Cunningham served as president of the Association of Real Estate Women in New York from 2003 to 2004 and was a member of a special committee that evaluated and negotiated AREW's recently unveiled affiliation with Commercial Real Estate Women (CREW). She has also participated as a panelist at Columbia University's Real Estate Roundtable programs and at New York University's Real Estate Institute. Cunningham has been a volunteer with the New York City Ballet since 1993. The "silver lining" in the cloud of the current economy is ... That more firms are realizing the value of partnering with Jones Lang LaSalle. The real estate services company's global reach translates into measurable and significant financial savings for its increasingly international clientele. Jones Lang LaSalle's breadth of services in every region of the globe deliver cost savings, value creation and operational efficiencies. Marie-Claire Cunningham is an executive vice president at Jones Lang LaSalle, New York, N.Y.
MORE FROM Spotlight Content

Over half of Long Island towns vote to exceed the tax cap - Here’s how owners can respond - by Brad and Sean Cronin

When New York permanently adopted the 2% property tax cap more than a decade ago, many owners hoped it would finally end the relentless climb in tax bills. But in the last couple of years, that “cap” has started to look more like a speed bump. Property owners are seeing taxes increase even when an
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Oldies but goodies:  The value of long-term ownership in rent-stabilized assets - by Shallini Mehra

Oldies but goodies: The value of long-term ownership in rent-stabilized assets - by Shallini Mehra

Active investors seeking rent-stabilized properties often gravitate toward buildings that have been held under long-term ownership — and for good reasons. These properties tend to be well-maintained, both physically and operationally, offering a level of stability
How much power does the NYC mayor really have over real estate policy? - by Ron Cohen

How much power does the NYC mayor really have over real estate policy? - by Ron Cohen

The mayor of New York City holds significant influence over real estate policy — but not absolute legislative power. Here’s how it breaks down:

Formal Legislative Role

Limited direct lawmaking power: The NYC Council is the primary
Properly serving a lien law Section 59 Demand - by Bret McCabe

Properly serving a lien law Section 59 Demand - by Bret McCabe

Many attorneys operating within the construction space are familiar with the provisions of New York Lien Law, which allow for the discharge of a Mechanic’s Lien in the event the lienor does not commence an action to enforce following the service of a “Section 59 Demand”.
The strategy of co-op busting in commercial real estate - by Robert Khodadadian

The strategy of co-op busting in commercial real estate - by Robert Khodadadian

In New York City’s competitive real estate market, particularly in prime neighborhoods like Midtown Manhattan, investors are constantly seeking new ways to unlock property value. One such strategy — often overlooked but