Winner of Young Professional of the Year, Ron Lo Russo of Cushman & Wakefield with Lindsay Ornstein of Transwestern.
New York, NY On December 12th, 2017, the Young Mens/Womens Real Estate Association (YMWREA) honored the winners of its Young Professional of the Year and Senior Professional of the Year awards. Additionally, the new board of governors and newly elected chairman for 2018 were named.
Senior Professional of the Year was won by Leslie Harwood of Newmark Knight Frank and the Young Professional of the Year was won by Ron Lo Russo of Cushman Wakefield.
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,