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Property Managers »

[24 Jul 2014 | No Comment | ]

Hines announced that 7 Bryant Park, its 30-story, 470,000 s/fsignature office tower, has earned the distinction of becoming the first Wired Pre-Certified building in New York City, earning a Platinum certification — the highest attainable.
The certification follows a third party audit by technicians from WiredNYC, a program developed by the New York City Economic Development Corporation that evaluates and certifies the connectivity quality of commercial buildings.
It means that tenants at 7 Bryant Park, which is set to be delivered to the market in the first quarter of 2015, can have …

Green Building, Property Managers »

[17 Jul 2014 | No Comment | ]

Mack-Cali Realty Corporation announced that 5 Wood Hollow Road in Parsippany, N.J., has received LEED® for Existing Buildings: Operations & Maintenance™ Gold certification from the U.S. Green Building Council (USGBC).
5 Wood Hollow Road is the 13th commercial property in New Jersey to receive the prestigious award.
The LEED for Existing Buildings: O&M rating system recognizes maximized operational efficiency with minimized environmental impact. It addresses cleaning and maintenance issues, including chemical use, recycling programs, exterior maintenance programs, and system upgrades.It is the only LEED rating system under which projects can demonstrate actual energy …

Property Managers »

[17 Jul 2014 | No Comment | ]

The Rockefeller Group announced that 1221 and 1271 Avenue of the Americas have each achieved Platinum Wired Certification from WiredNYC.
WiredNYC is a rating platform first initiated by the Bloomberg administration that assesses the broadband connectivity, technology and infrastructure of office buildings.
Both class-A office buildings are owned and managed by The Rockefeller Group.
WiredNYC, which is backed by the New York City Economic Development Corp., aims to bring transparency to broadband connectivity in office buildings, with all of the broadband information gathered available to corporate tenants and the public at WiredScore.com.
The official …

Green Building, Property Managers »

[17 Jul 2014 | No Comment | ]

By Cara Olmsted,
Director of Marketing and Business Development
ConEdison Solutions
One observation about the demand response (DR) market is that it is complex.
Because of its complexity, there is the potential for confusion, particularly as it relates to the revenue streams available from participation in the various programs.
To participate in these DR programs, organizations should work with a Curtailment Service Provider (CSP), such as ConEdison Solutions, to turnkey the assessment of potential resources, registration levels, registration of load with NYISO and CECONY, bidding, and settlement of the various DR programs and …

Editorial Supplements, Property Managers »

[16 Jul 2014 | One Comment | ]

By Tom Barone, Acting Vice President for Operations and Energy Services, 
New York State Energy Research and Development Authority (NYSERDA)
Improving energy efficiency and reducing costs are benefits that industry professionals – from building owners to architects – can tap into through Deep Energy Savings initiatives.
Deep Energy Savings (DES) is a generally accepted industry term—but ironically no standard definition has been created or embraced by industry professionals. For this reason, the term is often used more broadly to describe a range of efforts that improve energy efficiency and reduce costs. Most states look …

Green Building, Legal, Photo Gallery, Property Managers »

[2 Jul 2014 | No Comment | ]

As part of New York Energy Week, The Steven L. Newman Real Estate Institute at the Zicklin School of Business, Baruch College presented a conference,“ Energy, Money & Law: Investment and Legal Strategies for Advanced Energy Performance in Real Estate” on June 19. The event was presented in partnership with Associated Renewable, the energy consulting and carbon management company, and held at the law offices of Hodgson Russ LLP, 1540 Broadway, New York City.

Green Building, Property Managers »

[25 Jun 2014 | No Comment | ]

By Dennis J. Sherry, regional director of Management Services,
Newmark Grubb Knight Frank
With 44 million square feet of office space under management in New York City, Newmark Grubb Knight Frank oversees the replacement of one or more roofs in the metro area every year.
Looking at several initiatives to reduce energy use and carbon footprint, the full-service commercial real estate firm is collaborating with FXFOWLE Architects, a leader in sustainable architecture, to identify rooftops that it can transform into green assets as well as tenant amenities, among its strategies.
Rather than looking …

Property Managers, Uncategorized »

[24 Jun 2014 | No Comment | ]

Manhattan District Attorney Cyrus R. Vance, Jr., today announced the guilty plea of ALAN GORELICK, 68, for stealing approximately $2.6 million from at least 30 buildings managed by Saparn Realty throughout New York City, including Harway Terrace, a Mitchell-Lama complex in Brooklyn. GORELICK pleaded guilty in New York State Supreme Court to Grand Larceny in the Second Degree, Criminal Possession of a Forged Instrument in the Second Degree, and Scheme to Defraud in the First Degree. He is expected to be sentenced on September 15, 2014.
“This defendant stole from all …

Brokers Weekly, Photo Gallery, Property Managers »

[20 Jun 2014 | No Comment | ]

Jim O’Connor, President of Douglas Elliman Property Management (DEPM) was honored on June 5 at The Bridge’s 60th Anniversary gala at the landmark Pierre Hotel. The event raised $466,000 to help support the broad range of mental health and housing services the non-profit provides to more than 2,300 New Yorkers every year.
In addition to his role as President and Executive Managing Director at DEPM, Jim is a member of the Real Estate Board of New York (REBNY), where he serves on the Residential Management Committee. He is also a Trustee of the …

Featured, Property Managers »

[18 Jun 2014 | No Comment | ]
Landlords plan rent campaign

With a possible rent freeze looming, the city’s largest landlord organization has started a massive ad campaign to convince New Yorkers that rising rents are in their interest.

The Rent Stabilization Association (RSA), which represents 25,000 property owners, is airing 700 television and radio ads over a 17-day period until June 23. On that day, the Rent Guidelines Board will hold a final vote on whether to freeze rents for the city’s rent-stabilized apartments — a step not taken in decades.

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