Who's News.

MANAGEMENT PERSONNEL

New Jersey-based Millennium Homes reported that Matt Sprung has rejoined the company as director of acquisitions. Sprung was previously development officer for another New Jersey developer.

At Millennium Homes, Sprung will be responsible for acquisitions, approvals, and planning. He will also present proposals to planning boards and work with governmental agencies.

Sprung began his career as a sales agent at Berg Realty in Jersey City, N.J. He joined Millennium Homes in the acquisitions department in 1993. He returned to the company to accept his current position.

Sprung has an extensive list of community and volunteer work on his record and is a member of many land preservation committees. A few of the issues he has been selectively involved in include watershed management and land preservation. He is a member of the Morris County Planning Board, secretary of the Morris County Open Space and Farmland Preservation Trust, and is an active member of the Watershed Management Group.

Sprung is a graduate of Long Island University and is a licensed real estate broker.

David Simson, president of GVA Williams of New Jersey reported the appointment of Frank D. Tardif as managing director/branch manager and James D. Fraser as managing director of corporate services. Tardif and Fraser will both be based at the company's Parsippany, N.J. office.

Tardif joined GVA Williams' New York office in January of this year, where he completed approximately 100,000 square feet of leasing transactions for a Fortune 50 client. In his 17 years in the, industry, he has held senior positions dealing with virtually all aspects of commercial real estate. During this time, he has completed approximately $1 billion in transactions.

During his career, Tardif has worked for AIG, Lehman Brothers, and CIBC/Oppenheimer. He has been published in the Appraisal Journal, and has served as an adjunct assistant professor for New York University's real estate program. Tardif has a B.A. in economics from Rutgers University and an M.B.A. from the University of Pittsburgh. Tardif is a New Jersey native and a resident of Summit for 17 years.

Fraser is a 35-year veteran of the commercial real estate industry. He is a recognized expert in the sales and leasing of commercial and industrial real estate in the New York and New Jersey marketplace. Prior to joining GVA Williams, Fraser served as senior vice president of CB Commercial Real Estate in Iselin, N.J. He was also president for the Tartan Group and an executive vice president at Sitar Realty Company in Iselin, N.J.

Fraser is a member of organizations, such as IDRC and IOREBA. He is an alumnus of the New York University School of Real Estate and holds a degree in art and architecture from Pratt. University and Farmingdale University. He resides in Califon, N.J.

Joseph R. Harbert, chief operating officer, New York Metro Region for Insignia/ESG, recently announced the promotions of several key executives in the firm's New York offices. Four individuals were promoted to senior managing director:

James Emden, located in the Midtown office, has been promoted to executive managing director. Emden, who was formerly senior managing director, joined Insignia/ESG's predecessor firm, Edward S. Gordon Company, in 1974. Since that time, he has been involved in transactions totaling more than six million square feet. Emden's extensive client list includes companies such as Lantis Eyewear Corporation, Viacom, Toronto Dominion Bank and the Empire State Development Corp.

Edward Lederman was also named executive managing director in Insignia/ESG's Midtown office. Previously a senior managing director, Lederman also joined the company in 1974. His expertise spans leasing and sales, property repositioning and development. Lederman was involved in the sales of Blue River Plaza in Pearl River, N.J., and 222 Broadway and 342 Madison Ave. in Manhattan.

C. Bradley Mendelson has been named executive managing director in the Midtown office's retail group. Mendelson, a former senior managing director, has been a leading member of the retail group since joining the firm in 1978. Throughout his career, Mendelson has arranged transactions with or on behalf of numerous companies including Boston Properties, The Trump Organization, Chock Full O'Nuts, and Henri Bendel.

Two individuals were promoted to the executive director level:

David A Green has been named executive director of the Midtown office's retail group. Green, who previously was senior managing director, has been the department leader of Insignia/ESG's retail group since joining the firm in 1991. Under his aegis, the group has represented many

Richard Levine, located in the firm's Downtown office, also was promoted to managing director, from his previous position as director. Over the course of his 14-year career, Levine has represented landlords in the disposition of more than 3.5 million square feet.

Andrew Sachs is now managing director in Insignia/ESG's Midtown office. Sachs, who was previously a director, has worked at the firm since 1996 and has been involved in the leasing of several major New York properties, including the Macklowe Organization's 540 Madison Ave. and 2 Grand Central Tower, and Emigrant Savings Bank's 6 East 43rd Street.

Peter Turchin has been promoted to managing director of the agency group in Insignia/ESG's Midtown office. Turchin has represented many of the city's most prominent landlords and has contributed to the positioning and marketing of several top Manhattan buildings, including 540 Madison Ave., 225233 Park Avenue South, 810 Seventh Ave., 9 W 57th St., and 280 Park Ave. of the city's landlords, including Boston Properties, Tishman Speyer Properties and the Macklowe Organization.

Gregg Popkin was named executive director of the property management group in the company's Midtown office from his previous position of senior managing director. Popkin joined Insignia/ESG in 1998 to oversee the company's 26 million-square-foot New York/New Jersey Region portfolio. Utilizing his more than 19 years experience, Popkin and his team serve property owners that include Bertelsmann, John Hancock Mutual Life Insurance, The Chase Manhattan Bank, Marsh USA, and Teachers Insurance & Annuity Association.

Stuart Schiff has been named senior managing director in Insignia/ESG's Midtown office. Since joining the firm in 1975, Schiff has led the lease up of several buildings, including Intertech Development's 1500 Broadway, Macklowe's 342 Madison Ave., Vornado's 330 W 34th St. and Brause Realty's 52 Vanderbilt Ave.

Adam Foster was named senior managing director in Insignia/ESG's Downtown office. Formerly a managing director, Foster has more than 17 years experience in the industry. He has represented many tenants and landlords in a multitude of transactions, including Fleet Bank's 200,000-square-foot renewal at 26 Broadway and 200,000-square-foot disposition in Jersey City, and the lease up of 500,000 square feet for the Port Authority of N.Y. & N.J. at One World Trade Center.

Bradley Gerla, also located in the Downtown office, has been named senior managing director. His more than 20 years of experience has contributed to the successful leasing of more than 750,000 square feet in the past year on behalf of the Witkoff Group at the Woolworth Building, at 233 Broadway.

Craig Reicher also has been promoted to senior managing director in the company's Midtown office from his previous position of managing director. Over the past several years, Reicher assisted in arranging in excess of 2.5 million, square feet of transactions.

Four individuals were promoted to managing director:

David Hollander has been named managing director in the company's Midtown office. Formerly a director, Hollander possesses a diverse track record of tenant representation and agency assignments throughout New York. These include the American University in Cairo's commercial condo acquisition at 420 Fifth Ave. and Sony Corporation of America's 150,000-square-foot lease at 555 Madison Ave.

Robert J. Persico has joined M&T Bank's New York City division as administrative vice president for the commercial real estate department. He will report directly to senior vice president Sam Giarrusso, who heads the commercial real estate department. Persico will direct the origination efforts and lead the, three teams associated with new originations, relationship management, and retention. He will also oversee loans originated for sale.

Persico, who has more than 19 years experience in commercial real estate finance, was previously director for credit assessment, real estate, and lodging for Societe Generale in New York City where he directed credit-related functions for a loan portfolio of more than $2 billion. From 1993-99, he was a senior vice president/senior team leader of the New York City commercial real estate group for Fleet Bank, where he and his team were responsible for commitments of more than $1.5 billion.

Persico also spent nine years in the real estate finance sector with The Chase Manhattan Bank, first as senior lending officer and team leader for the New Jersey Lending Group, and then as team leader in the special credits asset management division.

He holds a B.S. degree in business administration and marketing from the University of South Carolina.

W. P Carey & Co. LLC recently announced the appointment of David W. Marvin as senior vice president.

Marvin, who joined the company in 1995 as marketing director for the northeastern region, was elected a first vice president in April1998. Prior to his employment by W. P. Carey, Marvin spent 15 years at Prudential Securities and Kidder Peabody, and was a national director of sales for the Cigna Corporation. He is a registered principal with the National Association of Security Dealers, Inc. Marvin received his B.A. from the University of Massachusetts at Amherst.