MANAGEMENT Who's News PERSONNEL.
Elman is responsible for the acquisition, disposition, strategic real estate planning, design and construction of ADP's properties worldwide. He oversees a portfolio of approximately eight million square feet. primarily office space, in the U.S. and in Western Europe.
"We are proud to elect Art Elman as Corporate Real Estate Executive of the Year." said Brian G. Schwagerl. president of the NACORE New York Chapter. "Art epitomizes the highest standards of professionalism, integrity, and resourcefulness in the real estate business."
Elman's career spans more than 20 years as a senior real estate professional and architect. He began his career at ADP in 1979 and started its real estate department, developing a strategic real estate plan to mesh with the corporation's strategic plans for its business units. Today, he manages a department of 28 people, who handle an average of 300 transactions a year and the design and construction of about 1.5 million square feet per year. ADP has been cited for being within the top 5 percent of comparable corporations for efficiency of space and lowest cost of space. As a result of Art's work and vision, the visibility level of the real estate and facilities department has been heightened, and he and his group have become true business partners with ADP's business units.
"I am honored to be recognized by NACORE New York and to be part of such a great nationwide organization." said Elman, "My position at ADP has been a labor of love, allowing me to work together with some of the best people in the business throughout the country and overseas."
Elman is a graduate of the Pratt Institute of Brooklyn, NY. He is a registered architect in New York, New Jersey and Pennsylvania. Art has been an active member of NACORE since 1985 and is currently on the international board of NACORE. He is also on the board of the Institute for Corporate Real Estate. He served as president of the New Jersey Chapter in 1994, 1995 and 1998. In addition. he has professional affiliations with IDRC. IFMA, AIA and the New Jersey Society of Architects.
Elman resides in Livingston, NJ with his wife Marilyn and their family.
Edward T. Drake, Jr., MAI, SRA (photo) has been elected the president of the Long Island Chapter of the Appraisal Institute for the Year 2000. Drake is vice president and Chief Appraiser for the Roslyn Savings Bank.
Drake, who earned his MA in 1989. Has been a member of the Chapter's executive board since 1991. An alumnus of St. John's University with a Bachelor of Science degree in Communications, he has served the Long Island Chapter as regional representative, Chapter treasurer. and on various Chapter committees such as Research, Admissions and Seminars.
SL Green Realty Corp. has named commercial leasing specialist Lawrence A. Swiger (photo) a vice president. Swiger, who joined SL Green's commercial leasing department in 1997 as an assistant vice president, has been responsible for leasing successes at many of the company's most prestigious buildings, including 1372 Broadway, 440 Ninth Avenue, 470 Park Avenues South, The Madisons (286, 290 and 292 Madison Avenue), 420 Lexington Avenue (the Graybar Building), 50 West 23rd Street and 16 East 34th Street.
In all, since joining the firm, Swiger has negotiated over a half million feet of leases for such tenants as CNN America, Ross Sturs, Inc., Pitney Bowes Management Services and Cornell University.
Prior to joining SL Green, Swiger worked at Hines Interests Limited Partnership, where he directed the leasing campaign of 885 Third Avenue (the Lipstick Building), and negotiated leases in excess of 400,000 square feet for tenants like Latham & Watkins, Graham & James LLP, and Bernard L. Madoff Investment Securities, Inc. He began his career as a broker for Julien J. Studley, Inc.
Swiger is a graduate of Emory University and Fordham University School of Law.
Thomas P. Durels, president of W&M Construction, has announced that Donald A. Landau (photo) and Timothy W. Yahn have been promoted to senior vice presidents. Landau supervises the day-to-day activities of W&M Construction's Manhattan office, where he has been responsible for overseeing construction projects handled by its staff there since 1996. He is directly responsible for servicing W&M Construction's New York City client-accounts, and is responsible for the division's bottom line performance.
Landau has more than 15 years of experience in the construction industry, and has overseen many large high-end interiors projects for major law firms and Fortune 500 companies in New York City. He previously was a vice president of W&M Construction. Timothy W. Yahn (photo) supervises the daily operations of W&M Construction's Connecticut office. overseeing construction throughout Fairfield County and Westchester County (NY) and various out-of-state assignments. He is directly responsible for W&M Construction's Connecticut and Westchester accounts, and is responsible for the division's bottom line performance.
Yahn will also be responsible for establishing and maintaining uniform operating procedures company-wide, including job cost accounting and systems, purchasing and contract administration.
Yahn has more than 15 years in the construction industry, with experience in commercial, industrial and residential work. He previously was a vice president of W&M Construction.
A graduate of the U.S. Military Academy at West Point, where he received a B.S. in engineering, he is a Lieutenant Colonel in the Connecticut Army National Guard and special assistant to the Chief of Staff.
Jeanne Lutfy (photo) has been named president of the Brooklyn Academy of Music Local Development Corporation (BAM LDC) announced BAM LDC Chairman Harvey Lichtenstein. Lutfy, a former managing director at Burson-Marsteller who. was tapped both-for-herstrategic marketing and economic development experience, will work with Lichtenstein to help transform Brooklyn's historic Ft. Greene neighborhood into a mixed-use cultural district for New York City residents and tourists.
"Jeanne's considerable private and public sector experience in crafting, implementing and marketing a vision will be a tremendous asset as we move forward to develop a cultural strategy for the Ft. Greene neighborhood," said Lichtenstein. "I am very pleased to have her on board."
The planned cultural district will be called "The Brooklyn Academy of Music Cultural District." It will be anchored by BAM, which has been located in the heart of Ft. Greene community for more than 90 years, along with the BAM Harvey Lichtenstein Theater, the BAM Rose Cinemas and the new Mark Morris Dance Center. The Mark Morris Dance Company is renovating a building on Lafayette Avenue that, when completed in the summer of 2000, will become the permanent home for the dance company, with rehearsal and performance-space plus educational uses that will benefit the community.
Lutfy joins the BAM LDC from Burson-Marsteller, a global strategic marketing and -- communications firm within the Young & Rubicam family. As a managing director of brand marketing at Burson, Jeanne was U.S. client leader on the Citibank business, where she led a team focused on branding and positioning Citibank's retail banking franchise and its consumer and corporate electronic banking offerings.
Prior to Burson, Jeanne was senior vice president for marketing and communications at The Greater New York Savings Bank, where she established and directed the marketing, communications and public affairs department for the metro area community bank from 1994 to 1997. Before that position, Lutfy was vice president of marketing and corporate communications at the New York City Economic Development Corporation and its predecessor, the Public Development Corporation. Where over a 10-year period she spearheaded marketing for the city's corporate and industrial retention efforts. Lutfy, who is also member of the Board of Directors for City Harvest, is a native New Yorker currently residing in the Park Slope section of Brooklyn.
"This is a tremendous opportunity," said Lutfy. "I am excited to be involved in an effort that will enhance the landscape of downtown Brooklyn. Our goal is to build upon the positive and distinctive energy BAM has brought to the area by creating a very special and vibrant arts and entertainment destination that all New Yorkers can enjoy."
In another positive development, Lichtenstein announced that Independence Community Foundation has provided a $300,000 grant to assist the LDC in its efforts to develop the Brooklyn Academy of Music Cultural District. Marilyn Gelber, executive director of the foundation, said "The Independence Community Foundation is proud to be a sponsor of this important community development initiative. The LDC's work will strengthen the surrounding neighborhoods and create new economic opportunities by enhancing arts and culture in the community. We wish them great success in this effort."
Jeffrey M. Schotz (photo), an industry veteran with more than 20 years of experience in commercial real estate in New Jersey, has joined Reckson Associates Realty Corporation as Senior Vice President and Managing Director. Schotz will be based at Reckson's Short Hills, NJ regional headquarters and will oversee the firm's entire 3.5 million square-foot New Jersey portfolio, consisting of 26 properties, and land with development potential for five million square feet.
Prior to joining Reckson, Schotz served as Managing Director of Brokerage Services for the CB Richard Ellis offices in New Jersey. In 1998 alone, Schotz directed a team that completed 505 transactions totaling more than 18 million square feet, which were valued in excess of $875 million.
Schotz also served as Director of Leasing and was a partner at The Mack Company before he joined CB Richard Ellis. While at The Mack Company, he leased and marketed all of the firm's New Jersey properties, consisting of 16 million square feet of office and warehouse space.
"Jeff Schotz is a consummate real estate professional who truly knows the New Jersey marketplace," said Mitchell Rechler, co-Chief Operating Officer of Reckson Associates. "He understands what the corporate tenant needs and wants, and has thorough knowledge of acquisitions, marketing and strategic portfolio management. We are delighted, that Jeff has joined our team."
Before joining The Mack Company, Schotz also held executive positions with Vantage-New Jersey, a national development firm, and Alfred Sanzari Enterprises, a New Jersey-based commercial real estate owner/developer/manager.
Schotz attended UCLA, and his professional memberships include positions on the Boards of Directors with NAIOP New Jersey, New Jersey Commerce and Industry and the Industrial Office Real Estate Brokers Association. He is also a member of the Young Men's/Women's Real Estate Association and the Real Estate Board of New York.
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|Publication:||Real Estate Weekly|
|Date:||Mar 8, 2000|
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