New York Community and Business Updates for the Week of March 14, 2025

New York Community and Business Updates for the Week of March 14, 2025
New York Community and Business Updates for the Week of March 14, 2025

### New York People and Company News – Week of March 14, 2025

#### Skanska Announces Leadership Promotions
Skanska has announced several key promotions within its USA Civil operations in the Northeast. John Crecco has been appointed SVP of operations for Skanska USA Civil. Vincent Evola has been elevated to SVP of operations for New York and New Jersey. Brian Reilly will now serve as SVP of operations, while Robert Coutts has been promoted to VP of operations for the firm’s Civil business unit in New England. Additionally, Steve DelGrosso will assume the position of VP of operations in New England, and Alexander Borovets has been promoted to chief engineer.

#### Storage Deluxe Names New Partner
Manhattan-based self-storage owner and developer, Storage Deluxe, has appointed Cyril Pietrafesa as a partner. In this role, Pietrafesa will lead strategic growth initiatives, focusing on expansion and acquisitions for both Storage Deluxe and its affiliate, UOVO.

#### Greenspoon Marder Expands Real Estate Practice Group
Greenspoon Marder has strengthened its real estate practice group with the addition of new partners Jay H. Kim and Lisa R. Radetsky, as well as senior counsel Jillian K. Markowitz. These new hires are part of the firm’s continued expansion in New York, where it has added six lateral partners in the past six months.

#### Fifth Avenue Association Names New President
Edward Pincar Jr. has been appointed as the new president of the Fifth Avenue Association, effective March 31. Pincar, formerly the Manhattan Borough Commissioner at the New York City Department of Transportation, will oversee strategy to further elevate Fifth Avenue’s status as a premier global shopping destination.

#### Renew Strengthens Leadership Team
Renew, a platform focused on rental apartment renewal and retention management, has expanded its leadership team. Bill Knowles joins as VP of sales, while Brendan Campbell takes on the role of VP of product.

#### Greystar Forms Strategic Partnership with Bilt
Greystar has partnered with Bilt, a payments and resident loyalty platform for the multifamily industry. This collaboration will provide residents at Greystar communities with enhanced benefits and rewards for rent payments and everyday spending. Bilt’s platform is now live in approximately 900 Greystar communities, with further expansion planned across the U.S.

#### HITT Acquires Central Consulting & Contracting
HITT, a national commercial general contractor, has acquired Central Consulting & Contracting, a healthcare construction firm based in the New York metropolitan area. This move strengthens HITT’s presence in New York, New Jersey, and Connecticut while reinforcing its focus on delivering high-quality healthcare construction solutions.

#### Bluerock Value Exchange Launches New Investment Offering
Bluerock Value Exchange has introduced its latest 1031 exchange/Delaware Statutory Trust (DST) investment program, BR Diversified Industrial Portfolio V, DST. This offering aims to raise approximately $36.7 million from accredited investors and represents the company’s 41st individual DST program and fifth industrial-focused DST initiative.

#### Atlas Capital Group Unveils Permanent Art Installation
Atlas Capital Group, a real estate investment, development, and property management firm, has partnered with the non-profit organization Artists For Humanity (AFH) to unveil a permanent art installation titled *Whispers of the Wind*. This artwork, created by teen artists from AFH, is displayed in the lobby of *The Factory* in Long Island City.


This roundup highlights key developments in New York’s real estate and business sectors, underscoring leadership transitions, strategic partnerships, and new initiatives shaping the industry.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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