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“June 7, 2024: People and Company News in New York and the Tri-State Area”

"June 7, 2024: People and Company News in New York and the Tri-State Area"

NIA National Realty has announced the appointment of Joseph Langan as director. With over 30 years of experience in engineering, construction management, real estate development, and brokerage, Langan brings a wealth of expertise to his new role. He aims to expand NIA’s market share in New Jersey by leveraging his previous experience managing significant projects at Langan Engineering & Environmental Services.

Levin Management Corporation (LMC) has named Lilian Pacheco as controller. Pacheco brings 20 years of financial management experience in the real estate and construction industries to her new position working alongside Paul Tavaglione and Rose Meno at LMC. Previously with Russo Development and holding a bachelor’s degree from Northeastern University, she will play a key role in driving success for the company.

Skanska USA Building has appointed Brian Best as Senior Vice President and General Counsel following Clay Haden’s promotion to president of the business unit. Best previously served as Deputy General Counsel for Skanska USA Building with extensive legal knowledge that will be invaluable in overseeing Legal, Ethics & Compliance, and Insurance & Bonding functions.

Federman Steifman LLP is pleased to welcome experienced real estate lawyer L.Minnie Bellomo as partner at their New York office location. With prior roles at Greenberg Traurig and SomeraRoad specializing in structuring real estate transactions and financing strategies,Bellomo will provide clients with practical legal guidanceand comprehensive outside general counsel services.

Matthews Real Estate Investment Services continues its expansion into NYC by hiring Andrew Marcus from Dansker Capital Groupas its first capital markets hire for their NYC office.Marcus joins Matthews after four-and-a-half yearsat Dansker where he facilitated $300 millionin lending since 2015.This strategic move is partof Matthews’ growth plan led by B6 Real Estate Advisors veteransaimingto becomea full-service firminthe city.

Marcus & Millichap has successfully brokered the sale of a seven-unit apartment property in New York’s West Village for $8.05 million ($1,199 per square foot), marking their first sale in nearly 40 years. Joe Koicim and Peter Dodge from Marcus & Millichap’s Manhattan office represented the seller and secured the buyer for this 6,714-square-foot building at 228 W.10th St., which features one retail space occupied by L’Artusiand six one-bedroom apartments.

Avison Young is currently marketing a medical office building located at210 East86th Street on behalf of landlord210 East86th Street Corp.The nine-floor,94,318-square-foot property offers all floors available for lease includinga ground-floor retail space formerly used as a movie theater.John Ryan and Peter Grossof Avison Young’s NYC officewill be handlingthe deal.

P.J.Clarke’s is set to open its fourth location in ManhattanatManhattan West,Brookfield Properties’complex near Hudson Yards.This new venue will be P.J.Clarke’s largest yet with7,500 square feetandis expectedto openby late2024.Joining other popular restaurants like Ci Siamo,Zou Zou’s,and Casa Dani,this additionwill further enhanceManhattanWestas an exciting dining destinationfor locals and visitors alike.

Chinese retailer Minisois expandingits presencein NYCwith its fifthlocationopeningat150 Broadwayinthe Financial District.The store will offer cosmetics, stationery,toys,and home goods joiningMiniso’sotherNYC locations.Witha ten-yearlease agreement anda rent of$400 per square foot,the companycontinues to thriveinNewYork City.

This week brought several exciting announcements from companies within New York/Tri-State area real estate market.NIA National Realty has appointed Joseph Langan as director while Levin Management Corporation (LMC)has named Lilian Pacheco as controller. Skanska USA Building has appointed Brian Best as Senior Vice President and General Counsel, and Federman Steifman LLP welcomes L.Minnie Bellomoas partner at their New York office location.

In addition to these appointments, Matthews Real Estate Investment Services has hired Andrew Marcus from Dansker Capital Group for their NYC officeandMarcus & Millichap successfully brokered the sale of a seven-unit apartment property in New York’s West Village.P.J.Clarke’s is set to open its fourth Manhattan locationatManhattan West,Brookfield Properties’complex near Hudson Yards,and Chinese retailer Minisois expandingits presencein NYCwith its fifthlocationopeningat150 Broadwayinthe Financial District.These developments showcase the continued growth and success within the region’s real estate market.

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