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Murray Hill Properties and the Mann Group join forces.


Executives from Murray Hill Murray Hill may refer to one of the following places:
  • Murray Hill, Kentucky
  • Murray Hill, Manhattan, a residential neighborhood in New York City
  • Murray Hill, Queens, a different locality in New York City
  • Murray Hill, New Jersey
  • Murray Hill, Pennsylvania
 Properties and the Mann Group have announced that the Mann Group has become a division of Murray The Division of Murray is an Australian Electoral Division in the state of Victoria. It is located in the north of the state, adjoining the Murray River, which forms Victoria's border with New South Wales.  Hill Properties effective December 1st.

Asserting that the union will capitalize on Cap´i`tal`ize on`   

v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>.
 the two New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 commercial real estate firms' strengths, particularly in the fashion industry and the area known as Times Square South, partners from both firms touted the partnership as a "strategic coup."

Both entities will retain their names, with the Mann Group becoming "a division of Murray Hill Properties," according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Neil Siderow, partner at Murray Hill Properties, and Jeffrey Mann, president of The Mann Group.

Both firms have long-standing reputations in their respective markets. Murray Hill has served the tri-state area for more than 25 years, offering both commercial and retail brokerage services and third party property management. In its leasing operation, Murray Hill Properties deals in the 10,000 to 100,000 square-foot, and it manages buildings between 200,000 and 1 million square feet, including 44 Wall Street, 30 Broad Street, 370 Lexington Avenue and 270 Madison Avenue. The firm is comprised of more than 30 brokers and approximately 25 staff members.

Murray Hill's retail division was the broker for Avon when it entered its first retail location, a 32,000 square-foot space in Trump Tower at Fifth Avenue and 57th Street. In addition, Murray, Hill manages property for Credit Suisse First Boston Credit Suisse First Boston was originally the trading name of the Financière Crédit Suisse-First Boston, a London-based 50-50 investment banking joint venture formed in 1978 between the First Boston Corporation and Credit Suisse.  and has closed numerous successful lease and sales transactions for such clients as Aetna; MCI (1) (Media Control Interface) A high-level programming interface from Microsoft and IBM for controlling multimedia devices. It provides commands and functions to open, play and close the device.

(2) (Microwave Communications Inc.
 Telecommunications; Bear, Stearns; Gucci; Lenox Hill Hospital Lenox Hill Hospital, on Manhattan's Upper East Side, is a 652-bed, acute care hospital and a major teaching affiliate of NYU Medical Center. Founded in 1857 as the German Dispensary, today's 10-building Lenox Hill Hospital complex has occupied its present site since 1868 when it ; Intel; and Chase Manhattan Bank The Chase Manhattan Bank, now part of JPMorgan Chase, was formed by the merger of the Chase National Bank and the Bank of the Manhattan Company in 1955. The bank is headquartered in New York City. .

The name Mann has been a household name with fashion insiders for decades. Jeff Mann was in the garment trade for 25 years, continuing in the footsteps of his father, Irving Mann, who got into the business in the 1930's.

"My family has been involved in the ownership of many buildings through a relationship with Irving Schneider of Helmsley Spear," Mann said. "I was fortunate to have learned both sides of the business, having met all the players in the garment and real estate industries at an early age through my father. I've been able to develop a good working relationship with both sides over the years, and that's what makes this partnership with Murray Hill so unique. I understand both sides of this equation and can put together deals that work for each party, whether its a warehouse, factory, cutting room or showroom."

Due to his father's close relationship with Schneider, who he said "had a vision of 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.
 real estate second to none," they made many amazing investments together.

"My father always told me as a young man that Irving was the brightest and the most trustworthy person in the industry," Mann recalled. "He never questioned him. He was special to my father and he is just as special to me."

Mann, who also owns Mann Publications, publisher of the Fashion Manuscript and The Mann Report, fashion and real estate magazines, added "Due to the extraordinary growth in the publishing business, the timing was right for me to expand the brokerage business. Murray Hill Properties was the obvious choice, given their unparalleled commitment to customer service and their ability to respond to market changes quickly on behalf of their clients."

Voted "Fashion Man of the Year" by the Fabric Salesman's Association, Mann understands the subtleties that differentiate a warehouse from a factory and a cutting room from and showroom. He literally speaks his client's language: not only does he know the industry lingo Lingo - An animation scripting language.

[MacroMind Director V3.0 Interactivity Manual, MacroMind 1991].
 from his years as a "dress man," but he also caters to the Asian community, long an integral part of the fashion industry, by offering business cards and servicing transactions in both Chinese and Korean.

The Garment District, also known as the Fashion Center, was responsible for $16 billion, or 75 percent, of Manhattan's total manufacturing and wholesale output in 1992. The District also employs an estimated 48,000 people, a large portion of the Manhattan fashion industry's 133,000 person workforce.
COPYRIGHT 2000 Hagedorn Publication
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Publication:Real Estate Weekly
Geographic Code:1USA
Date:Jan 5, 2000
Words:666
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