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[16 Apr 2014 | No Comment | ]
Outstanding results for Tishman, Paramount, SL Green

BOMA/NY started off this month on a victorious note by going three-for-three at the TOBY (The Outstanding Building of the Year) Awards competition, held April 1 at the BOMA Middle Atlantic Conference Regional Conference in Boston.
All three BOMA/NY contenders that had won at the Pinnacle Award level in 2012-2103 and moved forward to compete regionally — The Hearst Tower (Earth Award), 110 East 42nd Street (Operating Office Building 100,000-249,999 sf) and 1633 Broadway (Operating Office Building over 1 million sf)—won in their respective categories.

Property Managers »

[16 Apr 2014 | No Comment | ]

Milio Realty Corp., a full service property management headquartered in Yonkers, , has been renamed Trion Real Estate Management.
The name change is part of Trion’s overall company expansion and rebranding effort, and coincides with the company’s 35th anniversary.
“The timing for our expansion and rebranding is perfect – this is our 35th anniversary year and an opportunity for us to emphasize our commitment to delivering exceptional customer service and building strong relationships with our clients,” said Carmelo Milio, CPM, president of Trion Real Estate Management.
“We are all very excited at Trion …

Property Managers »

[16 Apr 2014 | No Comment | ]
RAB strikes pay deal with city’s 30,000 service workers

The Realty Advisory Board on Labor Relations (RAB) announced that it has reached a tentative labor agreement with SEIU Local 32BJ, the union representing residential building service workers in Manhattan, Queens, Brooklyn and Staten Island.
The contract was reached an unprecedented nine days before it was set to expire on April 20.
The deal covers more than 30,000 residential building service employees, including doormen, porters, handymen and building superintendents, who work in more than 3,000 residential rentals, co-ops and condos.

Property Managers »

[9 Apr 2014 | No Comment | ]

A taxidermy bird made its debut in New York’s West Village neighborhood as part of a comedic artist’s newest installation.
The work, titled Eager Vanity by Patrick Bérubé, is the latest installment from Time Equities Inc. Art-in-Buildings(AiB) at its West 10th Window exhibition space.
Eager Vanity features a taxidermy bird that is suspended in a ventilation system and surrounded by a birdseed-laden gun, crown, skull and candlestick.
The streetscape installation is settled in the window at 223 – 225 West 10th Street and Bleeker Street and will be on view until Friday, April …

Property Managers »

[2 Apr 2014 | No Comment | ]

Negotiations are now underway between the Realty Advisory Board on Labor Relations (RAB) and Local 32BJ for a new contract for residential building service employees in New York City’s more than 3,000 rental buildings, co-ops and condos.
The current contract will expire at midnight on April 20, and impacts 30,000 residential building workers.
The good news is that the RAB and 32BJ have an excellent working relationship. So far there has been a lot of progress and a general sense of goodwill on both sides in the current negotiation. Our initial proposals to the union reflected broad …

Featured, Property Managers »

[2 Apr 2014 | No Comment | ]
As workers ratify strike measures, RAB offers words of advice

Negotiations between the Realty Advisory Board on Labor Relations and 32BJ SEIU are currently underway in advance of the April 20 expiration of the 30,000 workers current contract.

“We are confident we will win a strong contract because our membership is united, we are well organized and we are ready to strike,” said Hector J. Figueroa, president of 32BJ SEIU.

“There has been a lot of progress and a general sense of goodwill on both sides in the current negotiation,” said Howard Rothschild, President of the Realty Advisory Board on Labor Relations, in a statement. “Still, it is important that everyone begins preparing for the possibility of a strike just in case things don’t go as expected.

Property Managers »

[2 Apr 2014 | No Comment | ]

Mayor de Blasio announced five appointments to the Rent Guidelines Board.
He appointed Sara Williams Willard as an owners’ representative, Cecilia Joza and Steven Flax as public members, and Sheila Garcia as a tenant representative. The Mayor also re-appointed current tenants’ representative Harvey Epstein to the board.
The Rent Guidelines Board determines annual rent adjustments for approximately one million apartments across the city subject to the Rent Stabilization Law.
Joza is the housing counseling program director at Mutual Housing Association of New York, a not-for-profit that owns and manages over 1,200 affordablepartments.
Flax has …

Deals & Dealmakers, Property Managers »

[2 Apr 2014 | No Comment | ]

CBRE Group, Inc.announced a renewal and expansion of its contract with Royal Dutch Shell Plc.

CBRE will manage the international energy company’s retail network portfolio in 22 countries across four continents.
Under the contract, CBRE’s Global Corporate Services (GCS) group will provide real estate transaction management, lease administration and real estate consultancy services covering around 9,000 retail sites.
CBRE has managed the Shell Retail European portfolio since 2010, but the scope of the contract has now expanded to also include over 3,000 retail sites in Asia Pacific, the U.S., Canada and …

Deals & Dealmakers, Property Managers »

[2 Apr 2014 | No Comment | ]

Captivate Network, a digital media company, has entered into an agreement to acquire Office Media Network (OMN). Terms were not disclosed.
The consolidation creates North America’s largest in-office media network that will encompass more than 12,000 screens installed in more than 1,800 office buildings across North America’s top urban markets.
“This strategic consolidation is a big win for our advertising and commercial real estate partners,” said Marc Kidd, Captivate’s chief executive officer.
“For the real estate community, we can provide more value through easier customization of solutions to meet the unique …

Property Managers »

[19 Mar 2014 | No Comment | ]

New York Association of Realty Managers (NYARM) held its annual Awards and Honoree Gala at Leonard’s of Great Neck on Long Island.
Argo Real Estate received the prestigious 2014 Management Company of the Year award.
Argo Real Estate was selected for its dedication to providing continuing education for property managers, staff, and most recently, board members.
Argo Real Estates’ “Argo University for Boards” is the only program of its kind and teaches condo and co-op board members how to best handle issues ranging from understanding emergency generators to how to the needs of …

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