MANAGEMENT PERSONNEL.

The Aztec Corporation has appointed Kevin T. Dunwell (photo) director of Creative Services. In this position, Dunwell will be responsible for overseeing the direction of the creative and design aspects of Aztec Corporation's interior and architectural projects.

Prior to joining The Aztec Corporation, Dunwell served as a designer with Mancini Duffy in New York and New Jersey. While at Mancini Duffy, he was responsible for designing their corporate headquarters space as well as projects completed for Bankers Trust, Forstmann Leff and Alliance Funding. Previously, he served as director of design for Interior Architecture Associates, Inc. of Phoenix; design/project manager for Langdon-Wilson in Los Angeles, where he worked on the world-renowned Creative Artists Agency building designed by I.M. Pei; a designer/project manager with Nadel Partnership in Los Angeles; a designer with Gensler & Associates in Los Angeles; and a designer at Knoll International in New York.

Dunwell has been responsible for planning and designing over two million square feet of various types of corporate office space, public spaces, banks, medical offices, computer facilities, and showrooms.

"I am very excited to be joining The Aztec Corporation, a firm that is on the forefront of the design and planning industry," said Kevin Dunwell. "Aztec has consistently set the standard for quality, innovation and cutting edge design. I look forward to playing a role in charting the company's future growth," Dunwell concluded.

Kevin T. Dunwell is a graduate of the Fashion Institute of Technology.

Insignia Residential Group has appointed industry veteran Samuel Marcus (photo) to the position of account executive. In this capacity, Marcus will serve as the property manager for several luxury cooperative and condominium properties on Manhattan's Upper East Side. James V. O'Connor, senior vice president and executive managing director of Insignia Residential Group, made the announcement.

Prior to joining Insignia Residential Group, Marcus was a property manager for New York City-based Century Operating Company, where he specialized in the management of high-end cooperatives in New York City.

Marcus earned his BA in Political Science from Ohio University. He is a resident of Great Neck, New York.

Commenting on the appointment of Marcus, O'Connor said, "We are delighted to have an experienced professional such as Mr. Marcus join our management team, and we are certain he will be an asset to our company."

Robert K. Futterman, CEO of Robert K. Futterman & Associates, LLC (RKF), has announced the appointment of Kat Schaffer (photo) as an associate. At RKF, Schaffer will specialize in the retail leasing for national and international fashion tenants. Kat Schaffer's diversified experience encompasses commercial real estate leasing and sales as well as retall management, marketing and promotions.

Prior to joining RKF, Schaffer was employed by GVA Williams, where she was instrumental in expanding the company's retall division as well as by Synergy Realty, where she specialized in representing Internet companies.

Before entering the commercial real estate market, Schaffer spent twelve years in Europe and Asia as a model to many of the fashion world's leading designers. She was also a television host in Italy and served as the spokesperson for many international consumer brands. Additionally, her business acumen was enhanced as a resort owner for five of these years on the island of Lampedusa.

Kat Schaffer is a graduate of Pace University and New York University. She is a member of REBNY and ICSC.

Long-time real estate professionals David Falk, Neil Goldmacher, Scott Panzer and Brian Waterman, all Newmark & Company Real Estate executives, have been named principals of the company.

"In making David, Neil, Scott and Brian principals of our company, we usher in a new era of strength, vitality, and quality for the management of the firm, as we also secure a very solid footing for our company to thrive long into this new millennium," said Barry Gosin, Newmark's vice chairman and CEO. "These four executives are exemplary professionals. They bring diverse and complementary talents to the managing board of Newmark, and we are delighted to call them partners.

The four new principals join current partners Gosin, president James D. Kuhn, chairman Jeffrey Gural, and executive vice presidents Arthur Lerner, William G. Cohen and Ronald Goldberger.

David Falk (photo), who joined Newmark in 1996, is an experienced tenant representative, skilled in the acquisition and disposition of office space. Within the last two years, he has been involved in the leasing of more than one million square feet of space. He currently serves as the exclusive leasing agent for 1700 Broadway, where transactions completed under his direction include 102,000 square feet leased by Time Warner Entertainment and 90,000 square feet leased by The Hearst Corporation, and 1251 Avenue of the Americas, where over 450,000 square feet of leases have recently been concluded.

Prior to joining Newmark, Falk was employed by Williams Real Estate Co., Inc. for 13 years. While at Williams, he was one of the firm's top producing brokers and a member of their management committee. He is a graduate from New York University and holds a BS in Marketing.

Neil Goldmacher (photo) joined Newmark & Company Real Estate, Inc. in 1995 as senior managing director. Prior to joining Newmark, Goldmacher was associated with Williams Real Estate Co. Inc. for over eight years. He currently serves as Newmark's account manager for three major strategic alliances. He is providing strategic real estate services to Chase Manhattan Bank and Merrill Lynch in the Northeast and to Goldman Sachs & Co. both nationally and internationally.

Goldmacher is a member of the Industrial and Office Real Estate Brokers Association, and the Real Estate Board of New York, where he serves on the Plaza District committee. He graduated from Fairleigh Dickinson University with a BS in Accounting.

Scott Panzer (photo) brings a highly diversified wealth of knowledge from the corporate perspective in the areas of real estate, facilities management, cost reduction analysis and strategic/tactical planning. During the past five years, Panzer has developed an acute awareness of the inner workings of the brokerage community and the growing need for enhanced services to be provided to corporations. Since joining Newmark in 1993, he has completed over 1 million square feet of assignments encompassing all facets of real estate, from strategic planning to property management.

Prior to joining Newmark, Panzer held the position of vice president, Real Estate and Group Purchasing, for the Maxwell Communication Corporation. He was responsible for managing and leasing all of Maxwell's properties in North America.

Panzer is a member of the New York Chapter of NACORE and sits on the board of the New York Chapter of IDRC. He holds an MBA in Finance/Accounting and a ES in Biochemistry.

Since joining Newmark's Corporate Services division in 1985, Brian Waterman (photo) has successfully negotiated leasing transactions in excess of $400 million while rising to the level of senior managing director of Corporate Services. Waterman has represented such prominent tenants as Metropotitan Life Insurance Co., Goldman Sachs & Co., Cathay Pacific Airways, UJA National and The Federal Bureau of Investigations.

He has also represented numerous high-profile building owners including The Macklowe Organization, Manhattan Equities, Lazard Realty, (a division of Lazard Freres, Inc.), Amtrust, Inc., Canadian Imperial Bank Corporation, Emmes & Company, Apollo Partners, Sterling Equities and Taconic investment Partners.

Waterman holds a BS degree with a concentration in Management and Marketing from C.W. Post College.

Boston Properties, Inc.'s Matthew W. Mayer (photo) has been promoted to senior vice president/regional general counsel from vice president and regional counsel for the New York regional office of Boston Properties.

Mayer worked on the acquisition of the site for 5 Times Square and closing the Ernst & Young lease for all of the office space in this project. He has extensive legal experience as in-house counsel.

Mayer previously worked as general counsel of Park Tower Realty Corp., an international real estate owner/developer. He was associated with the law firms of Cravath, Swaine and Moore and Weil, Gotshal and Manges. Mayer is an honors graduate of Harvard College and Yale Law School.

Robert Selsam, Boston Properties' senior vice president and manager of the New York office, said, "We are very pleased to announce Mr. Mayer's promotion. He is a valuable member of the experienced team of real estate professionals in Boston Properties' New York office."

SL Green Realty Corp. has named veteran real estate executive Steve Real (photo) senior vice president of Construction.

In his new capacity, he will oversee all construction activity for the entire SL Green portfolio of properties, currently comprising 23 buildings and more than 9 million square feet of office space.

Beal, who joined SL Green in March 1998, brings to his new post more than two decades experience in real estate and high-level construction management. Holding senior positions at several major construction, interior construction and general contracting firms, he most recently worked at Structuretone, one of the largest interior construction companies in New York City. There, he managed all interior construction work for Goldman Sachs. Prior to that, Beal was the vice president of construction for D&E Construction.

Earlier, he spent more than a decade at Herbert Construction, where, among other achievements, he handled all interior renovation for American Express and its 52-story headquarters at Three World Financial Center. He also supervised the Goldman Sachs account, managing an 8-member team and a $20 million budget. Beal began his career at Heywood Robinson.

"Steve Beal's expertise and achievements in all facets of construction management are as impressive as his work ethic. He's already an invaluable member of this firm, and I am delighted that he will be taking on even greater responsibility in the future," said Stephen Green, chairman of SL Green Realty Corp.