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Fifth Avenue sweeps 'Industry Oscars'.

In the closest competition in many years, Fifth Avenue buildings brought home the top honors at the building industry's leading competitive event, the BOMA/NY Pinnacle Awards, held February 5, 2004 at the Copacabana in New York.

The Pinnacles are the local greater New York area level of the TOBY Awards sponsored by BOMA International, which fields the rigorous Regional and International competitions.

The 2003-2004 winners were judged on operating excellence in categories ranging from Historical, New Construction and Renovated Building, to three general categories ranking Operating buildings by size.

As testimony to the "uniformity of excellence of New York buildings, winners came within fractions of points of one another," said Awards Committee Co-Chair, Portfolio Manager Kathleen A. Murphy, RPA/CPM. Murphy, along with Co-Chair Michael Copperstone, RPA of ABM Industries, Inc. and the Pinnacle Awards Sub-Committee Chairs, helped officiate the ceremony, which was emceed by Former BOMA/NY President Vincent A. Fantauzzi, RPA.

Fantauzzi, long respected for his stature as one of New York's pre-eminent building managers, took home the Pinnacle for Manager of the Year (10 years or more experience) in a new category which featured two awards for managers with less or more than ten years.

The new addition "recognizes the critical contribution of the men and women behind the skyline," said BOMA/NY President Betsy Jacobs.

Calling the Pinnacles the Oscars of the Industry, Jacobs noted that in the past five years, BOMA/NY has taken home more than 30 regional or international TOBY Awards. "The standard we set in New York is now recognized across North America," she told the audience of more than 500 industry professionals.

The winners of the 2003-2004 Pinnacle Awards are:

HISTORICAL BUILDING--The International Toy Center, 200 Fifth Avenue;

NEW CONSTRUCTION--The Reuters Building at 3 Times Square


OPERATING OFFICE BUILDING 100,000--499,999 S/F.--717 Fifth Avenue

OPERATING OFFICE BUILDING 500, 000--1, 000, 000 S/F-420 Fifth Avenue Condominium

OPERATING OFFICE BUILDING OVER 1,000,000 S/F--The Grace Building, 1114 Ave. of the Americas.

OUTSTANDING LOCAL MEMBER: Angelo J. Grima, Portfolio Manager, Grubb & Ellis Management Services, Inc. Manager of the year (more than 10 years experience) Vincent A. Fantauzzi, RPA, General Manager, CB Richard Ellis Real Estate Services, Inc.; Manager of the year (310 years experience) Rona Siegel, Property Manager, Tower Realty Management Corp.; CIVIC BETTERMENT, New York Cares.

The HENRY J. MULLER ACHIEVEMENT AWARD went to Stephen M. Ross, Founder, Chairman & CEO, The Related Companies.
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Publication:Real Estate Weekly
Geographic Code:1USA
Date:Feb 25, 2004
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