Ingenious dealmakers lining up to stake claim on REBNY title.Being considered for this year's most prestigious awards presented by the Real Estate Board of New York (REBNY REBNY Real Estate Board of New York ) are 13 real estate dealmakers and their ingenious transactions. The submissions for the 2005 Ingenious Deal of the Year Awards will be judged by industry leaders, and the winners will be announced on Tuesday, April 4, during the annual cocktail party of the Sales Brokers Committee at the 101 Club. The honors are presented in each of the three categories--sale, lease, and finance--to the commercial deals that demonstrate the most ingenuity, creativity, and professional skill. The Henry Hart Rice Award, which memorializes Henry Hart Rice, a Most Ingenious Deal of the Year Award winner and five-time Robert T. Lawrence Award recipient, will be presented to the first-place winner; the Robert T. Lawrence Award is awarded to the second place winner; and the third place winner will be granted the Edward S. Gordon Award. REBNY President Steven Spinola said, "The Ingenious Deals of the Year are REBNY's most coveted cov·et v. cov·et·ed, cov·et·ing, cov·ets v.tr. 1. To feel blameworthy desire for (that which is another's). See Synonyms at envy. 2. To wish for longingly. See Synonyms at desire. and celebrated prizes, as they allow us to recognize the talent and skill among our fellow members of the industry." The Chairman of REBNY's Commercial Sales Brokers Committee, Woody Heller of Studley, beamed when asked about this year's submissions saying, "My business takes me all over the world and no where are commercial real estate deals as complicated as they are in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . To complete major deals like those submitted for these awards truly takes ingenious skill." Of the total 13 submissions, six are sales transactions, five are lease transactions, and two are finance transactions. The Sales Submissions are: * The Sale of 15 Broad Street Broker: Concrete Stories LLC--Marjorie Torres * Chelsea Arts Tower 545 West 25th Street Land Sale for Development of Commercial Condominium in West Chelsea. Brokers: Grubb & Ellis New York, Inc.--Stuart J. Siegel, Alan B. Weisman * 175,000 square foot purchase of 83 Maiden Lane Brokers: CB Richard Ellis CB Richard Ellis Group, Inc. NYSE: CBG is a multinational real estate corporation currently based in Los Angeles, California, U.S.A.. On December 20, 2006, the corporation, also known as CBRE, completed acquisition of Trammell Crow Co. in a transaction valued at $2. , Inc.--Brian D. Gell, Gary Kamenetsky * The Purchase of Two Columbus Circle: The Museum of Arts & Design returns an iconic New York City landmark to its original purpose. Broker: CB Richard Ellis, Inc.--Louis Buffalino * The Sale of 828-850 Madison Avenue, NYC NYC abbr. New York City NYC New York City Broker: Sonnenblick-Goldman, LLC--David S. Schaiman * Turning 4th Street Into an 18 Karat karat A measure of the purity of gold. Pure gold is indicated by the label 24 karat. See also fineness. Block Brokers: Norman Bobrow & Co., Inc.--Harold Siegal, Norman Bobrow & Co., Inc. & First NY Realty Co., Inc.--Diana Rau Siegal The Lease Submissions are: * The Relocation & Renaissance of the New York Academy of Sciences The New York Academy of Sciences is the third oldest scientific society in the United States. An independent, non-profit organization with more than 25,000 members in 140 countries, the Academy’s mission is to advance understanding of science and technology. : Sale of 2 East 63rd Street and Lease at 7 World Trade Center Brokers: CB Richard Ellis, Inc.--Ken Meyerson, Timothy Sheehan, Mary Ann Tighe * A Home for Finance: The leasing of 48 Wall Street by the Museum of American Finance The Museum of American Finance, founded in 1988 as the Museum of American Financial History, located in New York City, USA, is the nation's only independent public museum dedicated to celebrating the spirit of entrepreneurship and the democratic free market tradition which Broker: CB Richard Ellis--Martha Burton * The Lease of 1211 Avenue of the Americas Brokers: Newmark Knight Frank--Moshe Sukenik, Mark S. Weiss, Cushman & Wakefield, Inc.--Mitchell A. Arkin, Jonathan Gray * Re-aligning and Re-committing near Ground Zero--The Lease of Three World Financial Center (Tower C), NYC Broker: The Staubach Company--Joseph F. Harkins * CIT n. 1. A citizen; an inhabitant of a city; a pert townsman; - used contemptuously. Which past endurance sting the tender cit. - Emerson. Relocates Headquarters to NYC--The CIT Building (505 Fifth Avenue) and 11 West 42nd Street Brokers: CB Richard Ellis, Inc.--Christopher Mansfield, Gregory Tosko, Mary Ann Tighe The Finance Submissions are: * Hutchinson Metro Center, 1200 Waters Place, Bronx, NY Brokers: Houlihan-Parnes/iCap Realty Advisors, LLC--James J. Houlihan, Augustus J. Costaldo, John G. Houlihan * The Financing of 522 Fifth Avenue, NYC Brokers: The Ackman-Ziff Real Estate Group, LLC--Simon Ziff, Patrick Hanlon Tickets for the cocktail party at the 101 Club on April 4 are $60. To make reservations, please contact Ms. Ossie Shemtov at the Real Estate Board of New York at (212) 532-3100. Sponsors for the event are American Property Financing, Inc., City & Suburban Federal Savings Bank Noun 1. federal savings bank - a federally chartered savings bank FSB savings bank - a thrift institution in the northeastern United States; since deregulation in the 1980s they offer services competitive with many commercial banks , Estreich & Company, Inc., M & T Bank, North Fork Bank North Fork Bank was an American bank headquartered in Melville, New York purchased by Capital One at the end of 2006 for $14.6 billion U.S. dollars. It was only the second bank bought by Capital One, and was the larger of two acquisitions comprising Capital One's 2005-06 expansion , The Durst Organization Inc., The New York Times, and Vornado Realty Trust Vornado Realty Trust (NYSE: VNO) is a New York based real estate investment trust. It is the inheritor of real estate formerly controlled by companies including Two Guys and Alexander's. . |
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