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Malorie Edelson (photo) has joined Resnick & Intner Realty Company, LLC as director of acquisitions, according to an announcement by Gary Resnick, principal of the real estate investment and management firm. Edelson will be responsible for identifying and assessing appropriate assets for acquisition as well as for performing due diligence, handling property negotiations, and executing retail and commercial leases.

Prior to her appointment, Edelson was the president of a Westchester-based commercial real estate firm specializing in the marketing and management of REO for government, banks, and other institutions. Edelson's expertise includes residential and commercial investment properties, development sites, property management, on-site leasing and sales, property valuation, and marketing.

"Resnick & Intner has experienced growth of nearly 35 percent in properties under ownership or management during 1999 thus far," observed Noel Intner, principal of the firm, "and we believe that our aggressive posture in the market is enhanced by reorganizing out acquisition efforts into a centralized operation."

In less than a decade in the industry, Edelson has marketed substantial assets for the FDIC and RTC, financial institutions, and private owners. She conceived and executed campaigns for REO and non-performing assets for government agencies and banks, handled commercial leasing for area corporations and retail franchises, and wrote proposals - winning 14 government contracts in real estate.

In addition, Edelson managed asset pool of industrial, commercial and residential properties, valued real estate portfolios of more than half a billion dollars for investment companies, provided due diligence services to banks, and managed hundreds of subcontractors inspecting commercial and residential properties nationwide for bank servicing companies.

Previously, Edelson founded and operate a full-service public relations, advertising an marketing agency specializing in real estate development, brokerage, union and government accounts. Her firm, Page One Advertising, Inc., handled the marketing and advertising for over 100 residential and commercial developments in the tri-state area. As a consultant, she specialized in real estate industry issues. writing and placing editorials and oped articles on subjects critical to the construction and business industries.

Edelson is a graduate of Hunter College and New York University, and recently relocated to New York City.

Philip E. Shapiro (photo), a real estate professional with nearly 20 years of experience, has rejoined Insignia/ESG as a managing director in the Midtown office.

Shapiro is a seasoned veteran with high-profile clients and extensive experience in owner representation. He was previously employed at Newmark & Co. as a senior managing director, after spending seven years at Insignia/ESG as a managing director. At Newmark, he handled 300, 310 and 400 Madison Avenue for Manhattan Properties, Inc., and 450/460 Park Avenue South and 545 West 34th Street for the Monian Group, Inc. For Insignia/ESG, Shapiro secured tenants for premier buildings, including 400 Park Avenue, 342 Madison Avenue, 1212 Avenue of the Americas, and 579 Fifth Avenue. Shapiro's tenant representation clients include New York Life, Flack & Kurtz, and Exceed, Inc. (formerly Journey Corp).

Prior to his tenure at Insignia/ESG, Shapiro was a vice president at Kenart Realties, Inc., from 1982 to 1990.

Richard Stadtmauer (photo) of Livingston, NJ, has been named to the board of directors for the New Jersey Apartment Association (NJAA). Stadtmauer serves as managing director for Kushner Companies of Florham Park, NJ, a leading private real estate organization with a significant portfolio of apartment properties in the state.

The NJAA's mission involves advancing and protecting the welfare of the apartment industry in New Jersey. The organization represents the industry before the New Jersey Legislature and governmental agencies, and provides continuing education and information to its members and the public.

Stadtmauer joined Kushner Companies in 1985 after working as a CPA at Coopers & Lybrand, and as a trader at the firms of Merrill Lynch and Drexel Burnham.

As one of Kushner Companies' key executives, Stadtmauer is intimately involved in managing company operations and also directs the financing and management of multi-family and commercial properties. His greatest contribution has been helping to oversee the firm's management, assisting in its growth while maintaining controls.

Stadtmauer is a certified public accountant and an attorney. He also serves on the board of the National Multi Housing Council.

Kevin Manning (photo) has been named managing director of International Corporate Services at Cushman & Wakefield (C&W). In his new position, Manning is responsible for the overall management and delivery of corporate services in all international locations for Cushman & Wakefield. In this capacity he is responsible for presenting Cushman & Wakefield's capabilities and services to other C&W brokers and their clients, as well as developing internal policies and procedures for the firm's International Corporate Services group.

Manning came to Cushman & Wakefield in 1997 from Colliers Jardine, where he was managing director, North America, since 1989. As its U.S.-based representative, he provided coordination between North American companies and the Colliers offices in Asia Pacific.

Prior to Colliers, Kevin owned a successful Silicon Valley commercial brokerage company. Prior to his brokerage experience, Manning spent 15 years in corporate real estate as worldwide director of Corporate Real Estate for Atari, facilities manager for Digital Equipment Corporation, and facilities planning manager for Puget Power.

Manning has spoken at numerous conferences on the aspects of doing business in Asia Pacific, Europe and Latin America. He holds a BA from Seattle University in Architecture and Urban Planning.

Manning is a member of and sits on the Editorial Board for the North American Council of Corporate Real Estate Executives (NACORE).

He has also been a member of the International Development Research Council (IDRC) since 1982.

With involvement in corporate real estate spanning 26 years and over 150 million square feet, Manning has a first-hand understanding of the corporate real estate function worldwide, having conducted real estate transactions in 40 countries.

Dan Wurtzel (photo), vice president of Cooper Square Realty, has been named "RAM of the Year" by the Associated Builders and Owners Greater New York (ABO). The prestigious award recognizes Wurtzel's professional accomplishments and his contributions to promoting the RAM (Registered in Apartment Management) designation.

Wurtzel was honored for his financial and management skills in developing a three-year financial and cost-cutting program which permitted Eastview House, 399 East 72nd Street, to enter the financial markets, refinance its mortgage and raise funds for needed capital improvement projects.

Another factor was Wurtzel's role in promoting Cooper Square's program to have all its property managers obtain industry designations, and encouraging company personnel who are not property managers to attend education programs in property management and also obtain the RAM designation.

"The award for 'RAM of the Year' recognizes the professional performance of the winner as well as his integrity and efforts to improve the industry and advance the role of the RAM designation," said Jerome Belson, ABO president. "Dan Wurtzel exemplifies the best qualities of a property manager and RAM in his professional accomplishments and in his desire to improve the quality of the industry. He is most deserving of this award."

Wurtzel joined Cooper Square in 1987 as a property manager and has consistently been promoted to a variety of increasingly challenging positions.

He has won numerous industry awards, including a Platinum "Management Achievement" award in 1998 from Habitat magazine. He is a graduate of the University of Maryland with a B.S. in marketing.

Michael G. Geoghegan (photo) has been promoted to senior managing director in the Consulting Group of Insignia/ESG, Inc. The announcement was made by Joseph R. Harbert, COO of Insignia/ESG's New York Metro region. As a senior partner of the Consulting Division Geoghegan provides expertise in the strategic and financial implications of corporate real estate strategies. Since joining Insignia/ESG in 1991, he has executed a wide variety of commercial leasing, asset management, consulting and financial advisory assignments for such prestigious clients as American Express, Columbia House, McGraw-Hill, Newsweek and Time Warner. Geoghegan also has extensive knowledge of the municipal tax incentive programs which impact corporations, and is responsible for negotiating many of these packages for corporate clients.

Prior to joining Insignia/ESG, Geoghegan was a principal with the Trammell Crow Company, responsible for development, transaction structuring, sales and financing negotiations for commercial projects throughout the Mid-Atlantic region.

Geoghegan holds an M.B.A. degree from Harvard University and a BS degree from the U.S. Naval Academy. He spent six years as a Navy pilot prior to entering the real estate industry. Geoghegan is a member of the Real Estate Board of New York.

The David Cronheim Company announces the appointment of Rick Madore (photo) as a sales associate. He joins Cronheim from Villari's Self Defense Centers where, as vice president, he was instrumental in the growth and expansion of the national company, including opening approximately 30 centers throughout the tri-state area. Additionally, Madore handled the training of all new sales managers.

As a sales associate for the David Cronheim Company, Madore will be responsible for the sales and leasing of commercial and industrial properties with a focus on Middlesex and Somerset counties.

Madore received his Associates Degree in computer science from Andover College and his BA in Accounting from the University of Maine.

Flushing Financial Corporation, the parent holding company for Flushing Savings Bank, announced that Robert L. Callicutt (photo) was promoted to the position of senior vice president. Callicutt, 56, joined the bank in 1995 as vice president of Residential Mortgage Banking. He is responsible for originating, underwriting closing and servicing.

Prior to joining the bank, he was senior vice president of Mid-Island Equities Corp., a mortgage banking company, for seven years. He has also served as vice president and manager of Dean Witter Reynolds.

Callicutt is a resident of Oceanside, NY.
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Publication:Real Estate Weekly
Geographic Code:1USA
Date:Nov 17, 1999
Previous Article:Eastern to sell 489 Fifth.
Next Article:Metropolis Realty Trust, Inc.

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