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From the Editor: Structures Awards honors excellence in real estate

Those who subscribe to the Business Journal know that one of our key missions is to spotlight the companies and people that help advance our robust economy. One could say we do that already with our daily online news coverage of the men and women excelling in their fields across the entire tri-county region. But we take that one step further by producing more than 30 special sections a year that specifically tout executives and companies for their success. This week we bring you the 2022 Structures….....»»

Category: topSource: bizjournalsSep 22nd, 2022

Coldwell Banker Realty New Homes Takes Home Six Awards at Shore Builders Association of Central New Jersey’s FAME Awards

Coldwell Banker Realty New Homes, a leading sales, leasing, and marketing organization in the homebuilding industry, announces it received six Fabulous Achievements in Marketing Excellence (FAME) Awards from the Shore Builders Association of Central New Jersey (SBACNJ). Coldwell Banker Realty New Homes took home five awards for its sales and marketing efforts and one... The post Coldwell Banker Realty New Homes Takes Home Six Awards at Shore Builders Association of Central New Jersey’s FAME Awards appeared first on Real Estate Weekly. Coldwell Banker Realty New Homes, a leading sales, leasing, and marketing organization in the homebuilding industry, announces it received six Fabulous Achievements in Marketing Excellence (FAME) Awards from the Shore Builders Association of Central New Jersey (SBACNJ). Coldwell Banker Realty New Homes took home five awards for its sales and marketing efforts and one award for its new division website at the event held on May 19 at Southgate Manor in Freehold, N.J. Coldwell Banker Realty New Homes received five awards for its marketing and sales strategy for 365 Ocean, a boutique collection of 57 luxury oceanfront condominiums in Long Branch, N.J. developed by Mark Built Homes. Given annually, the FAME Awards recognize excellence in sales and marketing by celebrating SBACNJ’s most creative and successful sales and marketing professionals and strategies as well as highlighting the Shore’s most impressive projects. For their work as the exclusive marketing and sales agent for 365 Ocean, Coldwell Banker Realty New Homes took home top honors in the Best MarketingStrategy category. Additionally, Sheryl Ritschel, Director of Coldwell Banker Realty New Homes was named the Marketing Director of the Year and Sales/ManagerPatrick “Ted” Hanley received the Salesperson of the Year award for their work in successfully selling out the project in just 28 months with sales price ranging from the $900s to over $2.7 million. Further highlighting its work in successfully marketing 365 Ocean, Coldwell Banker Realty New Homes’ also received awards in the Best Color Print Ad and Best Signage categories. 365 Ocean provides homeowners with breathtaking ocean views from every residence and resort-inspired amenities creating a new level in beachfront luxury living. With soaring ceilings, elegant oak flooring, custom porcelain bathroom floors, gourmet kitchen-grade appliances and high-end features, luxury living is at the forefront at the amenity-rich property. Homeowners enjoy a heated, resort-style infinity pool, a club room with a wet bar, lounge seating, a theatre television, an outdoor gas fire pit and panoramic views of the Atlantic Ocean.365 Ocean was also awarded Community of the Year by the New Jersey Builders Association’s Sales and Marketing Awards in 2021 and 2020. Rounding out their accolades from SBACNJ, Coldwell Banker Realty New Homes also won the Best Website category for their recently relaunched corporate website cbnewhomes.com further reinforcing their position as the industry leader in business intelligence and strategic positioning to aid residential real estate developers in reaching optimal sales price and velocity for their homes. “Our ability to drive results for our partners is what makes us stand out in a competitive residential real estate market,” said Dave Schoner, Vice President of Coldwell Banker Realty New Homes. “These accolades from the Shore Builders Association of Central New Jersey only further highlight our expertise in helping our partners find success and I’m thrilled for our team members to be recognized for their efforts and to continue our track record of proven success.” The post Coldwell Banker Realty New Homes Takes Home Six Awards at Shore Builders Association of Central New Jersey’s FAME Awards appeared first on Real Estate Weekly......»»

Category: realestateSource: realestateweeklyMay 26th, 2022

RISMedia Celebrates Innovation, Perseverance and Achievements at Power Broker & Newsmakers Event

Over 350 of the industry’s most influential real estate brokers and agents gathered last week, on Fri., Nov. 12, for a night of networking, celebration and education at RISMedia’s 25th annual, invitation-only Power Broker & Newsmakers Reception & Dinner, which honors the Top 500 brokers in RISMedia’s Annual Power Broker Report & Survey as well […] The post RISMedia Celebrates Innovation, Perseverance and Achievements at Power Broker & Newsmakers Event appeared first on RISMedia. Over 350 of the industry’s most influential real estate brokers and agents gathered last week, on Fri., Nov. 12, for a night of networking, celebration and education at RISMedia’s 25th annual, invitation-only Power Broker & Newsmakers Reception & Dinner, which honors the Top 500 brokers in RISMedia’s Annual Power Broker Report & Survey as well as the firm’s 2020 and 2021 Newsmakers. While the annual recognition of real estate’s “who’s who” carries a longstanding tradition of being a gathering place for the industry’s top performing brokers, this year’s gala event held a larger significance, as we dove back into live events after a period of uncertainty, loss and challenges brought on by the COVID-19 pandemic. The atmosphere was lively with a sense of renewed hope and resilience as we celebrated not only our 2021 Power Brokers, but those who ranked in 2020 as well and RISMedia’s Real Estate Newsmakers, officially inducting the newest members of the Hall of Fame. John Featherston, RISMedia founder, president and CEO, kicked things off at the dinner following a picturesque cocktail reception on the terrace of the Marriott Marquis San Diego Marina, overlooking the city’s mountainscape and sunset-painted marina. “A lot has happened since we were all together last. It has been a trying time, but as an industry, we should be proud of what we have done to keep our business thriving and to serve our communities in a way we haven’t had to serve them in the past,” said Featherston. “We were real estate professionals. We were counselors. We were neighbors. You deserve a round of applause for a job well done. Thank you and welcome to our 25th Power Broker Reception and Dinner.” From L to R: Chris Kelly, Cindy Ariosa; Photo by AJ Canaria of MoxiWorks Audience members also heard from the National Association of REALTORS’® Cindy Ariosa, 2021 liaison for Large Firms & Industry Relations, who introduced the incoming Broker Relations Liaison Chris Kelly. During the gala, as is tradition, we granted several awards, with the industry’s leading organizations helping us to recognize individuals who have made significant strides in their careers and communities. From L to R: Mark Mathis, Joan Docktor, John Featherston; Photo by AJ Canaria of MoxiWorks RISMedia’s Real Estate Tech Titan Award—presented to brokerage leaders who have demonstrated an exceptional ability to adapt and integrate new and innovative tools and services within their organization to improve and enhance the overall consumer experience—was presented by Homes.com and Homesnap to Joan Docktor, president, Berkshire Hathaway HomeServices (BHHS) Fox & Roach, REALTORS®, who accepted the award on behalf of Larry Flick V, CEO, BHHS Fox & Roach, REALTORS® and The Trident Group. “Thank you everyone and thank you Homesnap,” said Docktor.  “We’re really proud of what we’ve been able to accomplish with our partnership with you and we look forward to more years of success.” From L to R: John Featherston, Phil McBride, Jes Fields; Photo by AJ Canaria of MoxiWorks Rocket Mortgage sponsored the National Homeownership Award—bestowed upon a member of the real estate community who continuously demonstrates extraordinary contributions toward increasing homeownership and building better communities—with Jes Fields, executive vice president and channel revenue officer of Rocket Mortgage presenting it to Phil McBride, company operating officer at John L. Scott Real Estate. “The tools that we have that we’ve built with Amazon have really allowed us to have conversations about getting past the past and start looking toward the future to make some really serious changes in the way things are done,” said McBride. From L to R: John Featherston, JB Goodwin, Dermot Buffini; Photo by AJ Canaria of MoxiWorks Dermot Buffini, CEO of Buffini & Company, presented the Real Estate Leadership Award, sponsored by Buffini & Company—designed to honor an industry visionary who embraces innovation and exercises resilience to blaze new paths to success for real estate professionals and consumers alike—to JB Goodwin, CEO of JB Goodwin REALTORS®. “In our company, we try to talk about leadership at every level and talk about how we deal with people one home at a time,” said Goodwin. “We really get involved in the community but we do it belly to belly, nose to nose, one buyer at a time.” Lastly, the “On the Shoulders of Giants” award, presented by Nick Bailey, president of RE/MAX, LLC—created to recognize individuals whose efforts, works, deeds and character exemplify superior achievements in and for the real estate industry—was awarded to Gary Acosta, president and co-founder of the National Association of Hispanic Real Estate Professionals. From L to R: John Featherston, Gary Acosta, Nick Bailey; Photo by AJ Canaria of MoxiWorks “Latino immigrants don’t come to this country because they don’t like where they come from, or don’t like the people or the music or the food,” said Acosta. “They come to this country because there are economic opportunities and they have a chance to build a better life for themselves and their family. Homeownership is at the center of that objective and goal and that experience. It’s a very family-centric community and the home is at the center of the community.” At the gala, Featherston also officially inducted several members of the Real Estate Newsmakers Hall of Fame: – Cameron Merage, Owner & CEO of First Team Real Estate – Craig Cheatham, President & CEO, the Realty Alliance – Joan Docktor, President, Berkshire Hathaway HomeServices Fox & Roach, REALTORS® – Dan Forsman, President & CEO, Berkshire HathawayHomeService Georgia Properties – J. Lennox Scott, Chairman & CEO, John L. Scott Real Estate – Vinnie Tracey, President, Realty ONE Group – Rosey Koberlein, Chairperson, Long Companies – Sherry Chris, President & CEO, Realogy Expansion Brands – Allan Dalton, Chief Executive Officer, Real Living Real Estate; Senior Vice President, Berkshire Hathaway HomeServices – Stuart Elsea, President, Financial Services, Real Estate One Family of Companies   From L to R: Dan Forsman, Allan Dalton, Brian Buffini, Rosey Koberlein, Vinnie Tracey, John Featherston, Maria Patterson, Sherry Chris, Stuart Elsea, Craig Cheatham; Photo by AJ Canaria of MoxiWorks 2021 RISMedia Power Broker & Newsmakers Reception & Dinner Sponsors Platinum Sponsors Buffini & Company Homes.com/Homesnap Real Estate Webmasters RE/MAX Rocket Mortgage Master Sponsors Berkshire Hathaway HomeServices Leading Real Estate Companies of the World MoxiWorks National Association of REALTORS® Newrez Pillar To Post Home Inspectors Event Sponsors Black Knight Chime Technologies Cinch Home Services CMG Financial CoreLogic Deluxe Elm Street Technology eXp Realty Homegenius Inside Real Estate Lone Wolf Technologies RPR Sherri Johnson Coaching Updater zavvie Liz Dominguez is RISMedia’s senior online editor. Email her your real estate news ideas to lizd@rismedia.com. Jordan Grice contributed to this article. The post RISMedia Celebrates Innovation, Perseverance and Achievements at Power Broker & Newsmakers Event appeared first on RISMedia......»»

Category: realestateSource: rismediaNov 15th, 2021

Stronger Together: United Real Estate on Achieving High Growth

United Real Estate is celebrating its 10th anniversary this year, and the company’s explosive growth has captured the attention of many within the real estate and investment communities. Thanks to year-over-year, double-digit growth, established real estate companies and agents are joining United and reaping the benefits. By providing the latest training, marketing and technology tools […] The post Stronger Together: United Real Estate on Achieving High Growth appeared first on RISMedia. United Real Estate is celebrating its 10th anniversary this year, and the company’s explosive growth has captured the attention of many within the real estate and investment communities. Thanks to year-over-year, double-digit growth, established real estate companies and agents are joining United and reaping the benefits. By providing the latest training, marketing and technology tools to both agents and brokers under a 100% flat-fee commission strategy, United has proven to be an industry standout. By teaming with United, agents are able to achieve higher net earnings, and brokers can leverage a complete system to grow a successful, thriving real estate business. Solid Partnerships  Virtual Properties Realty, a United Real Estate Company, operates 14 offices from the Georgia coast to Greater Atlanta and into North Georgia and the Smokies. The firm ranks as the top marketshare holder in Atlanta and throughout the state of Georgia. Wagner “We are a company that has always paid attention to market trends and has stayed ahead of the times,” says Co-Founder Steve Wagner. “We’ve won numerous awards for being a company with the best vision.” Feeling like they may have gone as far as they could on their own, the firm merged with United in December 2020 and recently celebrated their 4,000-agent milestone. Since merging, Wagner has experienced a lot less stress thanks to the amazing support United offers. Plus, the fact that United is in 27 states has helped his firm go from a local/regional company to a national organization. “United’s Bullseye technology filled our needs. We realized the benefits of the marketing programs and additional tools the proprietary platform provides our agents,” Wagner says. “Additionally, their high-end websites were better than anything we could find or build on our own.” Charles Rutenberg Realty Fort Lauderdale, a United Real Estate Company, will soon be heading into its 20th year, and currently has over 1,000 agents serving Fort Lauderdale, Miami and South Florida. Benchick Cynthia Benchick, principal broker and vice president of the firm, feels that one of the best decisions she’s made was merging with United in October 2019. “Knowing that I was considering sun-setting, it was very fortuitous when a colleague recommended United take a look at Charles Rutenberg,” Benchick says. “They had already been tracking our company and really liked what they saw. Specifically, they recognized our high level of business acumen and loved that we had been true pioneers of the flat-fee commission model. We maintained a strong, growing agent count and had a steady, seasoned staff—which was ideal for United.” Since the merger, Benchick has seen a great deal of support invested in her team. “We have market interrupters in our industry, but United has developed systems to overcome them,” Benchick says. “They came at the right time, with the right people, and nothing can compare. I only wish I had met them 16 years earlier.” Cantrell Phillip Cantrell, founder of Nashville-based Benchmark Realty, a United Real Estate Company, grew the firm from a small boutique office that originally served five homebuilders in the Greater Nashville area to one that has over 1,400 highly productive affiliates operating out of seven offices today. Drawn to United by the company’s grasp of the empowerment and value of the fee-based model, Benchmark Realty merged with United in December 2020. “My greatest fear was doing a merger with a larger company and seeing everything we had worked for years to build getting thrown onto the heap with other companies—and all identity, culture and principles disregarded or even lost,” Cantrell says. “From the very beginning of the conversations with United, it was crystal clear that they had no intention of changing everything in a merger. Conversely, they were counting on Benchmark to contribute to improving United.” Given sufficient time, Cantrell believes his firm could have eventually achieved the growth he desired, but merging with United has acted as an accelerant to those plans. The firm’s agent count has grown 15% year-over-year, with zero losses attributable to the merger. United’s benefits extend even further and include access to a management team with a very deep bench, financial advice and technical expertise. “To be able to pick up the phone and consult with some of the greatest minds in the industry has a value that’s incalculable to an entrepreneur like me,” Cantrell says. “It feels good to know that there is instant support available because Benchmark has never traveled this path before.” Tools of the Trade Wagner has been impressed with United’s referral network. And Virtual Properties Realty has seen an increase in referrals thanks to being connected to United’s Relocation and Referral Network, operating nationally. “That’s extra sales for our agents, and we’re also reaping the benefits from more outgoing referrals, too,” he says. “You place the referral through them, and the agent is guaranteed to be paid, which was not always the case before our association with United.” Then there’s the fee structure, which melds closely with Virtual Properties Realty’s compensation model, in addition to United’s forward-thinking and positive approach to growth and innovation. “If you were an agent and wanted to grow your business, would you go with a company that’s stagnant, or one that’s cutting-edge and always growing?” asks Wagner. “Most people are going to want to tap into the energy of a growing company, and people piggyback onto that.” Plus, as business leaders, Wagner and his partner Karen Burks (his mother) have the whole United organization at their disposal and have benefited from consultation resources and decades of experience from United’s team. United also offers a national business conference, allowing brokers and agents to enjoy the camaraderie and career development that come from gathering with and learning from the entire United affiliated network. United’s culture of sharing permeates the organization from top to bottom, making all boats rise. United’s systems, which include training, technology, marketing programs and home office team support, are second to none, according to Benchick. “United offers automated marketing tools and postcard programs that are spot-on, and they also have a gift department that allows for incredible gifts to be sent at closing,” Benchick says. “They provide great weekly educational content and keep the brokers and agents updated on United’s tools, programs and support services through weekly newsletters.” For managers and the home office administrative team, United offers several different types of virtual meetings per month, keeping everyone together and engaged in a very familiar way. “They bring unity, and you feel like you’re a United nation,” says Benchick. “We know it’s boundless as to where we can take the company.” By partnering with United, real estate companies can ensure their agents are better positioned for the new face of real estate in 2022 and beyond. “It never was, and can never be, just about the money,” Cantrell says. “United was ready and willing to invest both time and capital in helping us grow our business. The entire relationship has been one of layering on tools and services, as opposed to replacing what we had developed.” An organization builds strength when there is an influx of new intellectual capital, market reach and diversity in talent and skill sets, according to United Real Estate President Rick Haase. “The very best part of our growth, whether organic or via our successful merger and acquisition strategy, is, without doubt, the growth of our talented real estate professionals,’ says Haase. “Their intellectual capital and input that they literally contribute daily is rocket fuel in our pursuit for excellence.” For more information, please visit www.growwithunited.com. Keith Loria is a contributing editor to RISMedia. The post Stronger Together: United Real Estate on Achieving High Growth appeared first on RISMedia......»»

Category: realestateSource: rismediaNov 1st, 2021

How a Collaborative Brokerage Achieves More Agent Goals

Gretchen Pearson President and CEO Berkshire Hathaway HomeServices Drysdale Properties Danville, California | www.bhhsdrysdale.com Region served: Northern California and Northern Nevada Years in real estate: 34 Number of offices: 53 Number of agents: 1,300 Lesley Grand: What would you point to as the chief benefits of being a Berkshire Hathaway HomeServices franchisee?  Gretchen Pearson: Being […] The post How a Collaborative Brokerage Achieves More Agent Goals appeared first on RISMedia. Gretchen Pearson President and CEO Berkshire Hathaway HomeServices Drysdale Properties Danville, California | www.bhhsdrysdale.com Region served: Northern California and Northern Nevada Years in real estate: 34 Number of offices: 53 Number of agents: 1,300 Lesley Grand: What would you point to as the chief benefits of being a Berkshire Hathaway HomeServices franchisee?  Gretchen Pearson: Being a member of the Berkshire Hathaway HomeServices network separates our agency from all the rest. In the old days, when someone asked about your profession, you could say that you were a real estate agent, and that was enough. People would use you as their agent after having met you at a cocktail party, but that’s no longer the case. No one really cares if you’re in real estate, and they’re not likely to come to you when they need to buy or sell a house just because you’re in real estate. But our agents can say that they work for a member of the Berkshire Hathaway HomeServices network, and the minute someone hears that name, the door opens. It’s a gamechanger. LG: You’ve received numerous awards for excellence in real estate. What advice do you have for those who would like to follow in your footsteps?  GP: I fell into real estate right out of school when I was 21, and I fell in love with it. In what other profession can we make our day doing exactly what we want? As a REALTOR®, you’re in control of designing your own life. This is the best business ever as we get to help others with homeownership. I show up every day with service and passion, and I’m prepared. It’s that simple. LG: How do you stay ahead of the competition?  GP: Most brokerages focus on agents as their clients, but I’m 100% for the consumer (aka buyers and sellers). That being said, I invite my agents to be my partner so that we can work together for our clients. Real estate is all about helping consumers with homeownership, and we’re very focused on doing just that. LG: What do you hope your agents see in you as their manager? GP: I hope that my agents see that I engage. I write them notes when they close and congratulate them for the work they’ve done. Knowing their names and everything about them allows me to engage with each and every one of them. They know that I’m watching and that I’m always there for them. In addition to putting energy into what I want more of, I meet with my Top 25 every Friday on Zoom, and I listen very carefully. LG: Talk about your approach to recruiting and retention this past year.  GP: Every three weeks, I invite “the Professor” to our career night, and he’s a central part of our retention efforts. Through our training, we’ve been able to retool some people as well, so if an agent wants to come in and be a loan officer, we train that person to be a loan officer. We also work closely with those who want to join a team. On the recruiting side, the whole company made a pivot throughout the past year by repurposing some of our managers and using them where they fit best. But most importantly, we grow due to attraction. And we go after passionate people. For more information, please visit www.bhhs.com. Lesley Grand is a contributing editor to RISMedia. The post How a Collaborative Brokerage Achieves More Agent Goals appeared first on RISMedia......»»

Category: realestateSource: rismediaOct 21st, 2021

From the Editor: Structures Awards honors excellence in real estate

Those who subscribe to the Business Journal know that one of our key missions is to spotlight the companies and people that help advance our robust economy. One could say we do that already with our daily online news coverage of the men and women excelling in their fields across the entire tri-county region. But we take that one step further by producing more than 30 special sections a year that specifically tout executives and companies for their success. This week we bring you the 2022 Structures….....»»

Category: topSource: bizjournalsSep 22nd, 2022

Bjarke Ingels, World-Renowned Architect and Designer, to Deliver Keynote Presentation at CREtech New York This October 12-13

CREtech, the world’s leading community of professionals devoted to technological innovation in the real estate sector, has announced that world-renowned architect and designer, Bjarke Ingels, will take center stage to present a Keynote presentation on Day 2 of CREtech’s flagship conference, CREtech New York, this October 12-13 at Pier 36.... The post Bjarke Ingels, World-Renowned Architect and Designer, to Deliver Keynote Presentation at CREtech New York This October 12-13 appeared first on Real Estate Weekly. CREtech, the world’s leading community of professionals devoted to technological innovation in the real estate sector, has announced that world-renowned architect and designer, Bjarke Ingels, will take center stage to present a Keynote presentation on Day 2 of CREtech’s flagship conference, CREtech New York, this October 12-13 at Pier 36. Bjarke Ingels started BIG – Bjarke Ingels Group in 2005 after Co-Founding PLOT Architects in 2001 and working at the Office of Metropolitan Architecture in Rotterdam, The Netherlands. Through a series of award-winning design projects and buildings, Bjarke has developed a reputation for designing buildings that are as programmatically and technically innovative as they are cost and resource conscious. Bjarke has received numerous awards and honors, including the Danish Crown Prince’s Culture Prize in 2011, the Golden Lion at the Venice Biennale in 2004, and the Urban Land Institute (ULI) Award for Excellence in 2009. In 2011, the Wall Street Journal awarded Bjarke the Architectural Innovator of the Year Award. Architizer awarded BIG as Firm of the year. In 2016, Time Magazine named Bjarke one of the 100 most influential people in the world today. Keynote trailblazers amongst the lineup include Laura Hines-Pierce, Co-CEO, Hines, Willy Walker, Chairman & CEO, Walker & Dunlop, Sonny Kalsi, Co-CEO, BentallGreenOak, Michael Phillips, President, Jamestown, Michael Turner, President, Oxford Properties and Richard Croft, Executive Chairman, M7 Real Estate Ltd. To view the full lineup of speakers, click here. At CREtech New York, attendees will experience the full suite of CREtech conference offerings, including cutting-edge content across five stages; The Main Stage, Innovation Stage, Ask Me Anything Stage and the all-new Climate & Affordable Housing Stages. Attendees will also have the ability to schedule 1:1 in-person meetings through their event matchmaking app in CREtech’s industry-renowned Tech Connect Lounge, and an all-access pass to the expo hall packed with the latest real estate technology solutions. For more information and to attend the CREtech New York 2022 conference, click here. To learn more about partnerships and sponsorships, click here. The post Bjarke Ingels, World-Renowned Architect and Designer, to Deliver Keynote Presentation at CREtech New York This October 12-13 appeared first on Real Estate Weekly......»»

Category: realestateSource: realestateweeklySep 10th, 2022

96+Broadway, Striking Gateway to the Upper West Side, Launches Sales of Residences

Sales have launched at 96+Broadway, the much-anticipated Upper West Side luxury condominium building situated on 250 West 96th Street, between Riverside Park and Central Park. Developed by JVP Management, a private real estate development and investment firm, and designed by NYC-based Danish designer Thomas Juul-Hansen, 96+Broadway delivers chic sophistication and... The post 96+Broadway, Striking Gateway to the Upper West Side, Launches Sales of Residences appeared first on Real Estate Weekly. Sales have launched at 96+Broadway, the much-anticipated Upper West Side luxury condominium building situated on 250 West 96th Street, between Riverside Park and Central Park. Developed by JVP Management, a private real estate development and investment firm, and designed by NYC-based Danish designer Thomas Juul-Hansen, 96+Broadway delivers chic sophistication and timeless design—combined with a suite of premium amenities designed for modern living—to an iconic city intersection that is being redefined for generations of New Yorkers, both new and established. The 23-story building features a diverse mix of 131 skillfully-crafted residences ranging from one- to five-bedroom layouts with pricing starting at $1.395 million for a one bedroom. “As a long-time Upper Westsider myself, this project was very personal. In fact, my family will live in the building when it is completed,” says the developer, Van Nguyen of JVP Management. “In taking on this project, we saw a truly unique opportunity to help define a prominent corner of the Upper West Side.  Guided by the experience of living in New York, we wanted to develop a building which meets future residents’ needs while adding to and improving on the rich history and environment of the neighborhood.” Achieving a balanced aesthetic that celebrates an iconic neighborhood, Juul-Hansen’s design for 96+Broadway incorporates elegant Jura gray limestone imported from sustainable German stone producer Franken-Schotter—a nod to the Upper West Side’s penchant for spectacular limestone Beaux Arts structures. Generous loft-like windows and staggered terraces create a sophisticated grid pattern paired with the limestone, ushering the past into the present through clean, modern lines that are accentuated by burnished bronze-finished framing. Inside, the building’s monumental lobby features soaring 20-foot ceilings, oversized windows that invite plenty of natural light inward, as well as a ground-level courtyard where residents can lounge outdoors. A centerpiece of the lobby is a striking welcome desk that was carved out of a monolithic block of Silver Travertine, emphasizing Juul-Hansen’s dedication to exquisite quality in his design. “This is a building that is meant to last,” says Thomas Juul-Hansen. “96+Broadway was created with practicality and design excellence at heart, maximizing the quality of living for all residents who choose to call it home through generous floor plans, top-tier materials, and master craftsmanship.” Organic materials become a focal point in each home with open-plan living rooms that display extra-wide, 7.5-inch European white oak flooring and lead out into Juliet balconies or terraces with arched, custom-designed, bronze-finished balusters in select residences. Kitchens are defined by Italian-crafted solid oak cabinets and drawers with exposed dovetail joinery and earthy desert quartzite slab kitchen countertops and islands, as well as equipped with Sub-Zero Wolf appliances. Primary bathrooms are finished in heated herringbone-patterned Truffle White marble flooring and feature a Waterworks soaking tub (and fittings) enveloped by Bianco Dolomiti marble, which also extends its cladding to the walls and floor. In addition to spacious, refined homes, 96+Broadway will offer an impressive indoor and outdoor amenities package with comprehensive wellness features. At basement level, a grand 75-foot saltwater pool features wall-to-ceiling geometric Hemlock wood paneling and travertine floors for a sauna-inspired experience; while an invigorating spa suite creates moments for indulgence and self-care without having to step outside of the building. For those who prefer an adrenaline rush, 96+Broadway will offer a fully-equipped fitness center and Pilates room as well as a regulation squash court with basketball hoop. Both the indoor pool and fully-equipped fitness center open to a sunken terrace, which allows natural light into the space. To complete the indoor amenities offerings, a children’s playroom and separate entertainment lounge provide spaces for residents of all ages to kick back and relax, while a music room furnished with guitars, a grand piano, keyboard, and electronic drumset facilitates any burgeoning musician—protecting the sanctity of peace and quiet for the rest of the family. Outdoors, an elegantly landscaped rooftop terrace boasts stunning views of the New York skyline and the Hudson River. Atop the expansive terrace, residents can enjoy a truly unique offering: an exclusive outdoor cinema that presents ample opportunities for entertaining along with cozy lounge seating and an outdoor kitchen with multiple adjacent dining areas. Situated at an iconic intersection of a beloved neighborhood, 96+Broadway is minutes away from the Upper West Side’s best dining and cultural attractions, including the American Museum of Natural History and Hayden Planetarium, Symphony Space, Children’s Museum, Beacon Theater, Jacob’s Pickles, Barney Greengrass, the 91st Street Garden at Riverside Park, and the Central Park Tennis Courts. The development is conveniently located across the street from the 96th Street 1/2/3 train subway stop that runs the length of Manhattan into Brooklyn.   Compass Development Marketing Group is the exclusive sales and marketing agent for 96+Broadway. For more information or to schedule a private appointment, please call 212-926-9696, email info@96andBroadway.com or visit 96andbroadway.com. The post 96+Broadway, Striking Gateway to the Upper West Side, Launches Sales of Residences appeared first on Real Estate Weekly......»»

Category: realestateSource: realestateweeklyAug 3rd, 2022

Weichert Real Estate Affiliates, Inc. Continues National Franchise Growth with 20 New Office Openings in First Half of 2022

 Weichert Real Estate Affiliates, Inc. continued to expand its national franchise network with the opening of 20 new franchised offices through the first two quarters of 2022. The new openings brought Weichert’s franchise footprint to 375 total offices across 43 states, with several more franchised offices slated to open in... The post Weichert Real Estate Affiliates, Inc. Continues National Franchise Growth with 20 New Office Openings in First Half of 2022 appeared first on Real Estate Weekly.  Weichert Real Estate Affiliates, Inc. continued to expand its national franchise network with the opening of 20 new franchised offices through the first two quarters of 2022. The new openings brought Weichert’s franchise footprint to 375 total offices across 43 states, with several more franchised offices slated to open in the coming months. The new office pipeline includes the franchise’s first offices in two new states, Montana and North Dakota, as well as many expansions of existing franchise companies, due to growth. This is the largest period of growth the franchise has experienced since the start of the pandemic. “It’s amazing to see our Weichert presence continue to grow throughout the country,” said Bill Scavone, president of Weichert Real Estate Affiliates, Inc. and Weichert, Realtors. “Our sustained growth is evidence that Weichert’s industry-leading technology, marketing tools and business systems are effective in building competitive real estate brokerages in any market in the country.” Highlighting the franchise system’s growth in the first half of 2022 was continued expansion in the Midwest and West regions, which accounted for 13 of the 20 new office openings through the first two quarters. “We are grateful that our brand is able to reach more agents and clients as part of our Weichert family,” added Scavone. “Our team and existing franchisees always welcome new members with open arms. Our supportive culture filled with idea-sharing has been key to our franchise’s growth and sustained success.” Weichert Real Estate Affiliates, Inc., a part of the Weichert Family of Companies, entered the franchise arena in 2001 and opened its first affiliated office in January of 2002. The organization has earned many honors for franchise excellence over the years, including being named to Entrepreneur Magazine’s “Franchise 500” ranking for 18 straight years and to Franchise Business Review’s “Top 200 Franchises” list seven years in a row. More information about Weichert Real Estate Affiliates, Inc. can be found at www.weichertfranchise.com or by calling (877) 533-9007. The post Weichert Real Estate Affiliates, Inc. Continues National Franchise Growth with 20 New Office Openings in First Half of 2022 appeared first on Real Estate Weekly......»»

Category: realestateSource: realestateweeklyJul 28th, 2022

BOMA New York Hires Lori Raphael as its New Executive Director 

BOMA New York, the City’s most influential commercial real estate trade organization, is proud to announce that it has hired Lori Raphael as its new Executive Director. Matt Duthie, SVP of Property Management for NEWMARK, and Chair of BOMA New York said, “We are excited to welcome Lori to BOMA... The post BOMA New York Hires Lori Raphael as its New Executive Director  appeared first on Real Estate Weekly. BOMA New York, the City’s most influential commercial real estate trade organization, is proud to announce that it has hired Lori Raphael as its new Executive Director. Matt Duthie, SVP of Property Management for NEWMARK, and Chair of BOMA New York said, “We are excited to welcome Lori to BOMA New York. She has the unique blend of asset management, member services, and government affairs experience to guide BOMA New York and work collaboratively with all stakeholders.” Ms. Raphael comes to BOMA New York from the Brooklyn Chamber of Commerce, where she was the Senior Vice President of Strategic Partnerships and Director of Real Estate Programs. Lori focused on the Chamber’s members to ensure fulfillment of commitments and satisfaction with their overall member experience. Prior to the Brooklyn Chamber, Ms. Raphael was Vice President of Asset Management for New York City Economic Development Corporation. She was responsible for operating, marketing, and leasing a diverse portfolio throughout NYC. Notably, Lori developed the marketing strategy for the three million square feet of commercial space at the Brooklyn Army Terminal and administered the MetroTech ground leases during her NYCEDC tenure. Ms. Raphael is a graduate of Brooklyn College, CUNY. “As a city resident with Brooklyn roots, nothing makes me happier than the opportunity to advocate for and support programming that creates a better City to live in, work in and visit.” said Lori Raphael. She continued, “I am excited to join BOMA New York and I look forward to working with the incredible staff, its talented board of directors, and diverse membership as the commercial real estate industry continues to shape the city, define best practices, and lead global innovation.” Ms. Raphael follows Bobbi McGowan into the Executive Director role. Ms. McGowan joined BOMA New York in February 1989. Throughout her 33-year tenure, Ms. McGowan stewarded BOMA New York through multiple market cycles and challenges, including 9/11 and the recent pandemic, both of which created a seismic shift with the way commercial properties are owned and managed. Mr. Duthie said, “For more than three decades, Bobbi has championed the CRE industry with excellence. BOMA New York is grateful for the decades of service Bobbi gave to the Association and the local CRE industry.” Bobbi specifically helped increase membership, improved the member educational program by bringing the instruction for the RPA and FMA designations in-house, created new signature events such as Energy Action Day, and the Spring Networking Membership Event, as well as transformed an awards luncheon into what is known today as the Pinnacle Awards Gala. Ms. McGowan said, “It’s been an honor to work with the greatest owners and managers in the world. We experienced a lot over the years including growth, challenges, and celebrations. I will always cherish the countless relationships I have made at BOMA New York and BOMA International.” She continued, ”I am confident that BOMA New York, its stellar staff and new Executive Director will build on our successes and guide the board and members through our new long-range plan.” Ms. Raphael will, in conjunction with BOMA NY’s staff, maintain and enhance the BOMA New York value proposition with premium educational programs, quality networking events, and effective advocacy as it relates to legislative and regulatory building issues. The post BOMA New York Hires Lori Raphael as its New Executive Director  appeared first on Real Estate Weekly......»»

Category: realestateSource: realestateweeklyJul 19th, 2022

BOMA New York Announces Nominations for 2022 Pinnacle Awards

The Building Owners and Managers Association of Greater NewYork (BOMA New York) is pleased to announce a total of 38 nominees across 17 categories for its upcoming annual Pinnacle Awards celebration at Pier Sixty on Thursday, September 29, 2022 beginning at 5:30 PM. The nominees of these awards are exemplary... The post BOMA New York Announces Nominations for 2022 Pinnacle Awards appeared first on Real Estate Weekly. The Building Owners and Managers Association of Greater NewYork (BOMA New York) is pleased to announce a total of 38 nominees across 17 categories for its upcoming annual Pinnacle Awards celebration at Pier Sixty on Thursday, September 29, 2022 beginning at 5:30 PM. The nominees of these awards are exemplary leaders within their respective profession in the commercial real estate industry. All nominees undergo an extensive submission process recognizing individuals and buildings that best embody the passion and professionalism that can only be found in New York City. Celebrating Achievement in LeadershipThe Pinnacle Awards is the Commercial Real Estate’s leading awards. It recognizes those who achievethe BOMA New York vision of excellence, furthering its mission and symbolizing its commitment to tenants, clients and the city at large. Recognition for contributions to the industry will be showcased in the awards for Outstanding Local Member of the Year, Manager of the Year, Operating and Chief Engineer of the Year, Janitorial Professional of the Year,Security Professional of the Year and Emerging Leader ofthe Year categories. A Grand Pinnacle Awards is also presented to the wining building with the highestscore. Additional highlights for the 2022 Awards Program include: Larry Silverstein, a well-known and distinguished industry leader and founder of Silverstein Properties, has been nominated for the Henry J. Muller Achievement Award recognizing vision for New York. The nominee in the Outstanding Local Member of the Year category is Tom Hill of Boston Properties, Inc. Andrew Hardy of JEMB Realty, Patrick Dennehy of Boston Properties, Inc., Kevin Arrigo of Boston Properties, Inc., Janet Burns of SL Green Realty Corp., and Lindsay DeFouw of Related Companies are nominated for Manager of the Year in the 10-year plus experience category. The nominee for Manager of the Year for the 3 to 10-year category is Anthony Migliore Jr. of Empire State Realty Trust. Mark Butigian of Empire State Realty Trust, Jeremiah McGinley of JLL, Kevin Trent of JLL, and Christopher DeWitt of SL Green Realty Corp. are nominated for Operating Engineer of the Year, while nominees for Chief Operating Engineer of the Year include Anthony Muoio Jr. of EQ Office, Peter Tennyson of Empire State Realty Trust, James Hollywood of SL Green Realty Corp., Jonathan (Jay) Siller of Silverstein Properties, Vinny Gatt of SJP Properties, and Marc Scaglioni of Related Companies. The nominees in the Janitorial Professional of the Year category are Bryan McAlary of Vornado RealtyTrust, Vanja Dragun of Empire State Realty Trust, and Leonard Blakaj of Tishman Speyer. The nominees in the Security Professional of the Year category include Richard Munoz of Tishman Speyer, Martin Rodriguez of Silverstein Properties, James Campion of Related Companies, and Sharon Faulkner of Paramount Group. Recognizing Excellence Throughout the CityThe 2022 building categories include Historical Building of the Year with nominee, Tishman Speyer, for50 Rockefeller Plaza. SL Green Realty Corp.’s 10 East 53rd Street is up for Renovated Building of the Year. Brookfield Properties’ One Manhattan West is nominated for Earth Building of the Year and SL Green Realty Corp.’s One Vanderbilt Avenue is up for New Construction of the Year. Tishman Speyer’s 30 Rockefeller Plaza is nominated for Mixed-Use Building of the Year. The Operating Building of the Year Awards are divided into four categories this year, with Tishman Speyer’s 45 Rockefeller Plaza, Related Companies’ (Hudson Yards Management) 55 Hudson Yards, and Boston Properties, Inc.’s 601 Lexington Avenue in the over one million square foot category. Tishman Speyer’s 1230 Avenue of the Americas is nominated in the 500,000-square foot to one million square foot category and Columbia Property Trust’s 315 Park Avenue South is nominated in the 250,000-square foot to 499,999-square foot category. Vornado Office Management LLC’s 61 Ninth Avenue, Lincoln Property Company’s JMCR W 26th (NY), LLC, and Cushman & Wakefield Inc.’s 106 West 56th Street is nominated in the 100,000-square foot to 249,000-square foot category. Lead by Example, Management Fosters Knowledge and PassionThe Pinnacle Awards is chaired by Thomas Krol of M & S Mechanical Services, Inc. with the assistanceof the sub-committee Chairs which include Julie Arce of JLL, Daniel Bannon, The Durst Organization,Matt Blaszkiewicz, Nightingale Properties, JLL, Patrick Dolan, RPA of The Durst Organization, MichaelFlatley of Alliance Building Services, Siro Gonzalez, Silverstein Properties, Inc., John Leitner of Environmental Building Solutions, John Mongello, The Durst Organization , Tom Walsh of Burnham New York, and , Ronald Zeccardi, CRESA NY. “While the nominees go through a difficult selection process, I am confident that all of the nominees willremarkably represent their category and this organization; they are all extremely talented and will continue to impress us.” said Chairman Thomas Krol. Sponsorship and Advertisement opportunities are available to congratulate all the nominees. To become a sponsor for this event or to advertise, contact BOMA New York Director of Membership & SpecialEvents, Ami Shah, at ami@bomany.com. Thank you to our Platinum Sponsors – Quality Building Services (QBS) and Upgrade Services, LLC, and our Silver Sponsor – Kastle Systems and Jaros, Baum & Bolles (JB&B). The Pinnacle AwardsThe Pinnacle Awards, hosted by BOMA New York, is the New York City commercial real estate market’sbiggest night of the year; honoring top commercial real estate professionals in the Greater New YorkRegion. Local Pinnacle Award winners qualify to compete at the Regional, Mid-Atlantic TOBY (TheOutstanding Building of the Year) awards and regional winners are then automatically entered in to theBOMA International TOBY competition. More information about the international competition is availableat toby.boma.org. Industry professionals interested in learning more about the 2022 BOMA New York Pinnacle Awards should contact BOMA New York Director of Membership & Special Events, Ami Shah, at ami@bomany.com or visit our website at pinnacles.bomany.org. The post BOMA New York Announces Nominations for 2022 Pinnacle Awards appeared first on Real Estate Weekly......»»

Category: realestateSource: realestateweeklyJul 13th, 2022

Island’s Realtors® Honor 2021 ‘Top Producers’

 The Staten Island Board of Realtors® (SIBOR) honored its best-achieving members of 2021, its “Top Producers,” during a daylong event June 29, which included an awards breakfast followed by the organization’s Regional Realtor EXPO at the Hilton Garden Inn, Bloomfield. The awards ceremony was attended by more than 300 real estate agents and... The post Island’s Realtors® Honor 2021 ‘Top Producers’ appeared first on Real Estate Weekly. Award-winning members of the Staten Island Board of Realtors® gather in a banquet room at the Hilton Garden Inn, Bloomfield, to celebrate the organization’s “Top Producers” of 2021.  The Staten Island Board of Realtors® (SIBOR) honored its best-achieving members of 2021, its “Top Producers,” during a daylong event June 29, which included an awards breakfast followed by the organization’s Regional Realtor EXPO at the Hilton Garden Inn, Bloomfield. The awards ceremony was attended by more than 300 real estate agents and brokers, and the trade show featured over 100 vendors, according to Fran Reali of Better Homes and Gardens Real Estate Safari Realty, who co-chaired the all-day occasion, also known as “Agent Day,” with Gary G. Fleming of Emerald Elite Realty. The day’s sponsors included: Home Team Mortgage; THINK Mortgage; US Mortgage Corp.; Cardinal Financial; ShowingTime; Better Homes and Gardens Real Estate Safari Realty; FBS; Green Street Capital LLC, and Robert DeFalco Realty. “We blew the doors off the Hilton with over 700 attendees from Brooklyn, Staten Island and New Jersey,” Reali stated. SIBOR Top Producer Club designations are awarded annually to associate brokers and sales associates for exceptional listing and selling activity. “The people we honored today have demonstrated exceptional professional service to their clients and customers,” said Sandy Krueger, CEO of SIBOR. “Every transaction demands skills that are critical to a successful consumer experience. We salute them. This annual Agent Day event is always the highlight of our year. Thanks to everyone who contributed to its success.” Touching on both the humanitarian nature of the Staten Island community at large and the evolution of news media in the digital age, keynote speaker Brian Laline, executive editor of the Staten Island Advance and SiLive, provided an informative and inspiring presentation on the current nature of journalism. During the Realtor awards ceremony, SIBOR feted New York State Assemblyman Michael Cusick and New York State Sen. Diane J. Savino, who are retiring from their positions at the end of their current terms. Both were lauded in recognition for their many years of service to the Staten Island community. Among the honored Realtors were Albert Benzaken, Sandra Cascio, Cindy Cheung, Becky Chum, Elizabeth Del Priore, Richmond 1st Team, and Diane Yetman, who were each inducted into SIBOR’s Top Producer Club Hall of Fame, awarded to Top Producers who are receiving an award for the 10th consecutive year. William Lin received the SIBOR Rising Star Award, given each year to the Top Producer honoree with the least amount of time in the industry. Recognized as the Top Producers of 2021 were: GOLD Daniel Avissato; Eric Bacelli; Cindy Cheung; Kawing Chiu; Samantha Conca; Elizabeth Del Priore; Dritan (Tony) Gashi; Mary Giordano; Maged Girgis; Ann Grande; Yu Wing Ho; Kin Wa Lam; Tsun Ming Lau; Weiping Liang; Huan Kuei Lo; Gaetano Marasa; Nicole Molinini; Eileen Pinto; Joseph Rodriguez; Francis Shearon; Salvatore Taormina; Wan Qing Wu, and Natalia Zukhovich. SILVER Maria Albanesi-Cortese; Albert Benzaken; Jason Blake; Chia Chen; Hui Chen; JoAnn DellaRocca; MaryAnn DeMagistris; Teresa Ieraci; Celia Iervasi; Joann Impellizine; Joanna Kaszuba; Albee Lei; Antoneta Licollari; Christopher Long; Kristen Mezzacappa; Allison Mireau; Maurice Molcho; RoseAngela Moore; Mary Jane O’Connell; Stephanie Orefice; John Pagliaro; Svetlana Pascarella; Kristina Patafio; Barbara Pisano; Margaret Power; Leeya Qiu; Anthony Ragucci; Raymond Rong;        C. Michel Scibetta-Nicolo; Miroslava Simanovsky; Lori Sinagra; Thomas Smith; Gail Sweeney; Laura Vallone; Inna Vayser; Elizabeth Walsh; Diane Yetman; Joyce Yu; Stephanie Zhang, and Allan Zhu. BRONZE Valerie Bartolone; Kathleen Barzal; Robert Bianco; Mark Boscaino; Frances Brischo; Ross Buxbaum; Teresa Carmona; Sandra Cascio; Audrey Casso; Howard Chen; Sonia Chiaruttini; Becky Chum; Melissa Cosentino; Gloria Craven; Chanpen Cronin; Cristina Dattolo; Andres David; Danielle Denigris; Cynthia Dgheim; Marion Donovan; Margaret Eng-Wallace; Mary Faulds; Tiffany Feng; Lori Ficarra; Hong Agnes Fong; Ilona Fotiadou-Bludov; AnnMarie Galgano; Joseph Gerber; Kim Goh; Bella Grossman; Tianting Huang; Kimberly Iannotta; Bingling Jiang; Krzysztof Kania; Marina Katsan; Malic Klobucista; Laura Lagano; Joseph Laino; Mark Lanfranchi; Victor Li; Chinuan Liang; MeiJuan Lin; William Lin; Diane Malagreca; Argjent Marke; Brian McGowan; Suzy Miller; Linda Moccia; Marylou Palladino; Nicola Papandrea; Upul Poththewela; Jeanette Rasmussen; Christopher Romanelli; Daria Rubino; Jimmy Samaha; Michael Santangelo; Mingqin Sun; Terrance Tam; Shi Cui Tang; Nancy Terracino; Nina Timpone; Nicholas Tortora; Teresa Trovello; Jeanne Volpe; YanFen; Fanny Yang; Jiecheng Zhang; Rihao Zheng, and Jian Yin Zhong. Also presented, were the following Top Producer Team Awards: PLATINUM Richmond 1st Team of Homes R Us Realty. GOLD The Executive Group of RE/MAX Elite and Team KG Homes of Robert DeFalco Realty. SILVER FINEST Team of RE/MAX Elite, Stellar Group of Coldwell Banker Advantage and The McKenna Team of RE/MAX Edge. BRONZE Crossing Bridges Team of Keller Williams Realty SI; Bhuiyan Properties Team of Bhuiyan Properties; 24 K Group of Robert DeFalco Realty; Aronovich-Kats Team of Mark International RE, and Team Gio of RE/MAX Central. The post Island’s Realtors® Honor 2021 ‘Top Producers’ appeared first on Real Estate Weekly......»»

Category: realestateSource: realestateweeklyJul 13th, 2022

Seeking nominations for Insider"s 100 People Transforming Business series

Insider is excited to announce the 100 People Transforming Business series is coming back for its 4th edition this November. This year will feature a Reader's Choice list in addition to the editor nominations. Read more for details. BI Graphics The 4th edition of the 100 People Transforming Business will launch in November. We are looking for transformative leaders across 10 sectors that reflect global business trends.  This year, we are interested in who our readers think are transforming business. Business leaders of all backgrounds can be nominated in the form below.  Please submit your nominations by September 26. Calling all business transformers! Insider is excited to announce the 100 People Transforming Business series is coming back for its 4th edition this November. As one of Insider's most prestigious and comprehensive lists, editors from across our newsroom nominate 100 exceptional leaders who are innovating, driving change, and challenging the status quo in 10 different industries.  This Year's Business Trends2022 has been a year full of global disruptions: supply chain crises, inflation, threats of economic recession, political conflict, and lingering pandemic uncertainty. We expect many of the Transformers and their businesses to be heavily impacted by these concerns and more. However, one goal of the series is to highlight the people innovating around these issues and perhaps even using these problems to leverage new strategies in their sectors. Categories for 100 People Transforming BusinessOur categories this year are: DEI, Sustainability, Healthcare, Money, Supply Chain, Transportation, Emerging Tech, Shopping, Entertainment and Real Estate. While most of the categories are similar to past years', Real Estate has been added to reflect how deeply the housing market is impacting large portions of the population. Before submitting a nomination for a Transformer, see the chart below for more detailed descriptions of what each category entails and which one aligns best with your candidate. It may also help to take a look at last year's 100 People Transforming Business series to see who made the list and gain insight into how our editors chose the Transformers to reflect the major business trends of the year. CategoryDescriptionDEIDEI Transformers are influencing how corporate America (and the world) improve equity and representation in the workplace and how they implement new strategies to address changes in work culture, improve cultural competency and track progress.SustainabilityThese Transformers are the business leaders, engineers, scientists, activists, and nonprofit leaders at the forefront of sustainability efforts and climate change awareness. They should be directly involved with companies and organizations using new technologies and methods to address climate change and/or renewable energy. HealthcareTransformers should be leaders and innovators in the healthcare industry, in every arena from researchers and scientists, to healthcare professionals and clinicians. It can include a wide range of subsectors, from health insurance, to health and medical technology, to prominent doctors, specialists, scientists and leaders of health organizations. They must be directly involved with the discovery, invention or application of a game changing transformation in the health industry. MoneyThis category will focus on transformational leaders in banking, venture capital, quant, crypto, payment tech, and more. They should be spearheading the latest technology, impacting monetary policy, or changing the way people and businesses interact with the economy. They can be leaders in banking, investing, prominent economists and fintech entrepreneurs, crypto experts, and more.Supply ChainThe transformers in this category should be those who are innovating in major supply chains and logistics companies. They are revolutionizing the way we move things from one place to another and supply the population with essential goods. This can include major suppliers and manufacturers of all sizes, last mile delivery solutions, robotics companies and more. TransportationWhich leaders and companies are leading the charge or breaking the status quo in how we transport people? This category will cover the innovators and companies transforming how people move from one place to another. Transformers in this list should reflect the major shifts and innovations in the transpo industry, including EVs, autos, urban planning (eg. buses, trains, metro, etc…) with some consideration given to the current challenges seen in the travel industry. Emerging TechThis category will focus on the people harnessing technology to solve problems and create opportunity. This can include a wide range of sectors on both the enterprise and consumer technology industries: including AI/machine learning, robotics, cybersecurity, wearables, biotech, and electronics. Avoid clean energy technology, since this would fall under the Sustainability category. ShoppingThe Shopping category will focus on business leaders who are revolutionizing where and how people buy things. The Transformers should reflect how the retail industry as a whole (both brick-and-mortar and digital outlets) is adapting to consumer needs and trends mid-pandemic and what retail-focused technologies are shaping the future. In 2022 inflation, supply chain crises and global conflicts are major concerns for the retail sector. How are the nominees in this category addressing and adapting to these challenges?EntertainmentThis sector covers everything from advertising and marketing, to streaming services, production studios, social media, and the creator economy. The transformers in this sector are leveraging technology to create and deliver new sources of entertainment for audiences around the world. This list can include producers, streamers, podcasters, influencers, and entertainers/creatives of any kind! However they must be showing true innovation in their field or developing new audiences.Real EstateThe nominations for this sector should be leaders addressing some of the existential challenges in the housing and commercial R/E markets. Given the past year of rising costs, booming demand and global supply chain issues, what are real estate professionals (landlords, agents, bankers, developers, technologists, etc…) doing to alleviate these problems and who is rising above these challenges to create new opportunities in the property market? Nomination ProcessThis year, in addition to the editors' top picks, Insider wants to know: who do you think is transforming business? We want to hear from our audience about any notable business leaders in your community who are transforming their sector. After careful vetting and confirmation from our top desk editors, the final nominees in this list will be featured in a Reader's Choice section on the homepage of the 100 People Transforming Business website. All of the finalists will be contacted directly by a series editor and given more specific details on how they will be featured.Criteria and MethodologyThis nomination is open to leaders in companies of all sizes, and we encourage candidates from all backgrounds to apply. A major consideration for the Transformers list is prioritizing a diverse range of leaders. Transformers can be of any race, gender, age, and hold any job title. We seek to highlight a variety of positions, not just CEOs and high-level executives. The most important factor is that the nominees in this list should embody business transformation! We want to feature people who are finding new solutions to big problems, positively impacting their communities, and align with one of the 10 categories (descriptions above) the Insider newsroom is focusing on this year. All nominees need to be submitted through the form below by September 26. An editor will be in contact if your nominee is chosen to move forward. Please note there is no fee to be featured on the list. The Transforming Business series is an editorial initiative to recognize excellence within business. Being a finalist in the list is not an invitation for a formal partnership nor an opportunity for paid sponsorship.  Read the original article on Business Insider.....»»

Category: topSource: businessinsiderJul 11th, 2022

Two Exemplary NYC Buildings Win BOMA International TOBY® Award

 BOMA New York, the City’s most influential commercial real estate trade organization, is proud to announce that 10 Hudson Yards and 11 Madison Avenue have each won a prestigious BOMA International TOBY® Award at the 2022 BOMA International Conference, hosted by Nashville, TN. The Outstanding Building of the Year® (TOBY) BOMA International Awards are... The post Two Exemplary NYC Buildings Win BOMA International TOBY® Award appeared first on Real Estate Weekly.  BOMA New York, the City’s most influential commercial real estate trade organization, is proud to announce that 10 Hudson Yards and 11 Madison Avenue have each won a prestigious BOMA International TOBY® Award at the 2022 BOMA International Conference, hosted by Nashville, TN. The Outstanding Building of the Year® (TOBY) BOMA International Awards are the most prestigious and comprehensive awards of their kind in the commercial real estate industry. The TOBY Awards recognize quality in commercial buildings and reward excellence in building management in hundreds of communities around the country. The 2022 international competition featured 14 awards and 62 buildings from multiple BOMA International regions. The TOBY Awards program began at the local level and culminated at the international TOBY Awards Banquet. All awardees first won an award from their BOMA local association in one of the TOBY categories and then went on to compete and win at the regional level. Buildings are judged on all facets of building operations, including energy management, tenant relations, community involvement, emergency preparedness, and security. BOMA New York Executive Director Lori Raphael said, “It was an exciting experience to have two New York winners at my first International Toby Awards. I am proud to represent the leading owners and managers in the CRE industry and happy to celebrate their respective achievements at 10 Hudson Yards and 11 Madison Avenue.” 10 Hudson Yards won the BOMA International TOBY Award “Operating Office Building of the Year (Over 1 Million SF)”. 10 Hudson Yards is the cultural hub of Manhattan’s New West Side. Designed by global architects KPF, the 1.8 million-square-foot tower stands an astounding 895 feet tall and features panoramic views. Designed for the new workplace paradigm – typified by expansive, column-free floor plates, above-average ceiling heights, and an abundance of natural light – 10 Hudson Yards is the first NYC commercial skyscraper to receive LEED v2009 Platinum Certification. Lindsay DeFouw, Vice President at Related Companies said, “It’s an honor to receive this highest recognition from our industry peers. 10 Hudson was the first building to open in our Hudson Yards campus, showing the way forward in prioritizing customer experience at the center of property management. Congratulations to the entire 10 Hudson Yards team – Stephanie Beckwith, Samantha Barone, Olivia Frasco, Jon Montes (BOMA NY Chief Engineer of the Year), Director of Security Jody Almodovar and many others. I have no doubt that this team will continue to set and raise the bar for our industry.” 10 Hudson Yards is owned by Allianz, Related Companies, and Oxford Properties Group; and managed by Related Companies. 11 Madison Avenue won the BOMA International TOBY Award “Earth Building of the Year”. 11 Madison has been a cornerstone of innovation since its conception in 1929. Nine decades and multiple renovations later – including NYC’s largest – it has fully taken on the mantle of sustainability. Today, 11 Madison is BOMA360, LEED Gold and Fitwel certified; houses two ice plants, and has achieved Energy Star certification since 2016. Forty-nine elevators transport tenants throughout its 2.3 million SF of diverse workspace. Tenant corporate sustainability commitments enhance the building’s profile through LEED-certified and ISO40001-compliant facilities, where infrastructure, programs and practices encompass ice plant technology, the drive to achieve 100% renewable power by 2030. Edward V. Piccinich, Chief Operating Officer of SL Green said, “Taking home this award demonstrates how our strategic capital upgrades and industry-leading standards reawakened a 2.3M SF Art-Deco mainstay, all while exceeding the highest standards for efficiency and social responsibility. The competition was fierce! We appreciate BOMA’s support and recognition and are very proud to win this prestigious award.” 11 Madison is owned by SL Green Realty Corp. and PGIM Real Estate; and managed by SL Green Realty Corp. Matt Duthie, Chair of BOMA New York, said, “Congratulations to the ownership and management teams at 10 Hudson Yards and 11 Madison Avenue.” He continued, “Your exemplary leadership in building operations and steadfast commitment to sustainability positions New York City as the international benchmark for premium property management.” Join BOMA New York in September at the 2022 BOMA New York Pinnacles Awards Gala, where the TOBY competitive cycle begins again. The post Two Exemplary NYC Buildings Win BOMA International TOBY® Award appeared first on Real Estate Weekly......»»

Category: realestateSource: realestateweeklyJul 5th, 2022

Winning With Culture

Above: JBGoodwin REALTORS® was honored with its first Top Workplaces USA national award in 2022. Here, San Antonio agents come together for a Habitat for Humanity build. JBGoodwin REALTORS® may be celebrating its 50th anniversary in business this year, but the company’s culture is more relevant than ever. With a simple but mighty mission statement… The post Winning With Culture appeared first on RISMedia. Above: JBGoodwin REALTORS® was honored with its first Top Workplaces USA national award in 2022. Here, San Antonio agents come together for a Habitat for Humanity build. JBGoodwin REALTORS® may be celebrating its 50th anniversary in business this year, but the company’s culture is more relevant than ever. With a simple but mighty mission statement to “help people,” the Austin and San Antonio, Texas-based firm has fostered an environment that supports and motivates agents. Founder & CEO J.B. Goodwin JBGoodwin REALTORS® has been named a Top Workplaces award winner in Austin for 11 consecutive years, and in San Antonio for 10 consecutive years. In 2021, both markets took first place in regional awards, and in 2022, the company was honored with its first Top Workplaces USA national award, securing an impressive third-place slot in its size category, competing against firms across all industries. The recognition from Top Workplaces gets even more granular—and more significant—for JBGoodwin REALTORS®. In 2021, the firm was honored with all 12 Top Workplaces Culture Badges, scoring in the top 5% or top 25% against its real estate brokerage peers nationally. The Culture Badges recognize the many subsets that define a winning culture, such as “Employee Appreciation,” “Meaningful Work” and “Supportive Managers.” JBGoodwin REALTORS® was the only brokerage in the country to earn all 12 badges, a feat it accomplished in 2020 as well. Creating a Top Culture The Top Workplaces honors are especially meaningful to JBGoodwin REALTORS® because the judges come from within. The awards are based entirely on employee and agent feedback via a once-a-year, anonymous survey conducted by Energage, a firm which then partners with local newspapers to further brand and promote the recognition. “Our Top Workplaces successes are based on a variety of factors, but if you were to boil them down to a single concept, I’m sure it would be ‘support,'” explains JBGoodwin REALTORS® Vice President of Marketing & Communications, Tony Zavaleta. “We never stop trying to innovate, we consistently introduce new tools, we are always refining our training and generally strive to support our agents at every level of their business.” But this is nothing new for the brokerage. It’s a philosophy that has driven the firm since the very beginning. “The company’s ‘Help People’ motto genuinely extends to our agent partners,” says company Founder & CEO J.B. Goodwin. “We make it a priority to not only listen keenly to our agents’ opinions and needs, but to take the steps necessary to implement the best of their ideas and to fulfill those needs.” This commitment to agents was underscored in pandemic times, Zavaleta explains. “As with many organizations, we adapted a number of our practices during the pandemic, and found that not only did that lead to quite a bit of agent success during that period, it served to establish new ways of doing business that are part of the norm now.” Central to a winning culture is a communication philosophy that goes beyond the norm. “Our channels of team communication include all the common methods, but what I think sets us apart is the level to which we’re both open and strategic with our communication,” explains Zavaleta. “We make sure our team members are very aware of what’s going on in the company, and by doing so, we generate a lot of conversations and a lot of innovations.” A Community-Focused Commitment With a consistent focus on the communities it serves, JBGoodwin REALTORS® has expanded its people-centric culture to well beyond the business realm. Through the company’s charitable arm, JBGiving, agents are able to play a more fulfilling role in the areas they serve while taking part in important business-development efforts. “We support and volunteer with a number of local organizations, and though not exclusively, they are often ones associated with housing and homelessness,” says JBGoodwin REALTORS® San Antonio Division President Erin Cestero. “We take part in consistent Habitat for Humanity builds and volunteer with other organizations that advocate for and support the formerly homeless, as well as those simply seeking an affordable place to live.” “We believe it’s tremendously important to give back to the communities we live and work in,” says Goodwin. “During a time when real estate has been a particularly robust industry, those of us fortunate to be in this business want to pay some of that success back by serving others. Giving back to the community—the community we work in, the community we’re successful in—is a very big part of the JBGoodwin culture.” And in a somewhat post-pandemic world, the company’s live efforts in the community are back in full swing. “As the world has opened back up over the past year, our folks have been happy to get out there and interact with the community in ways they were less able to during the height of the pandemic,” says Zavaleta. A JBGoodwin Austin agent volunteers at a community for the formerly homeless. Culture Drives Growth As the saying goes, it starts at the top, and the culture that has driven JBGoodwin REALTORS®’ success over the span of 50 years begins with the company founder himself. “J.B. has always placed a premium on everything from work-life balance to creating an atmosphere where work isn’t something one just does to pay the bills, but is a meaningful experience that team members can look forward to each day,” says Cestero. “His day-to-day involvement in the organization and openness to communicating with all members of our large team really drives a sense of inclusion with all of our agents and staff. J.B. also understands the importance of team and social events that help create familiarity and camaraderie.” The culture that Goodwin spearheads has been central to the firm’s expansion over the years as well. “As we’ve grown in size and hired more and more agents, company culture has become both more important and more challenging,” says Zavaleta. “There’s extra effort that goes into maintaining culture across nearly 900 agents in multiple markets, and we’re proud of the success we’ve had in doing so.” Culture has a big impact on the company’s recruiting and retention efforts as well, offering real estate professionals the best of both worlds: a profitable career and a supportive work family. “Our company culture plays a huge role in both the retention of our current agent partners, as well as in recruiting new team members,” says Goodwin. “The competition for talent never ends in real estate, so our many efforts, distinctions and awards help us attract top people, while also solidifying our brand as a place where people want to work, spend their time and simply belong.” For more information, please visit jbgoodwin.com. The post Winning With Culture appeared first on RISMedia......»»

Category: realestateSource: rismediaJun 24th, 2022

5 Top Stocks to Buy on Robust Wood Industry Trends

The Zacks Building Products - Wood industry is gaining from higher demand arising from home improvement activities and the export market. Industry players WY, RYN, LPX, UFPI and BCC are set to gain the most from the demand surge. The Zacks Building Products – Wood industry is expected to benefit from higher demand across export markets, accelerated repair and remodel (R&R) activity and more funding for carbon/ESG-related projects despite continuous supply-chain woes and lower lumber prices. In addition, inorganic and prudent cost-containment moves should lend support to industry players like Weyerhaeuser Company WY, Rayonier Inc. RYN, Louisiana-Pacific Corporation LPX, UFP Industries, Inc. UFPI and Boise Cascade Company BCC.Industry DescriptionThe Zacks Building Products – Wood industry includes forest product companies and manufacturers of lumber as well as other wood products that are used in home construction, repair and remodeling along with the development of outdoor structures. Companies in the industry design, manufacture, source, and sell flooring products like tile, wood, laminate, vinyl, and natural stone flooring products as well as decorative and installation accessories. The industry players are also involved in the manufacturing and distribution of wood and plastic composite products along with related accessories, mainly for residential decking and railing applications. The industry also includes timberland real estate investment trusts or REITs.3 Trends Shaping the Future of Building Products - Wood IndustryHigher Export Market Demand, More Spending on Carbon/ESG Projects & Repair & Remodeling Markets: The industry participants have been experiencing higher demand across export markets owing to the combination of diverse factors. For example, shipping and logistics challenges are pushing up the demand for North American logs in Japan. Again, trade limitations have impacted the import of Australian logs in China. Meanwhile, the Russia-Ukraine war has led to the ban of log exports from Russia. Overall, this tightening global wood market is proving conducive for some of the industry participants. Meanwhile, the companies are experiencing higher funding for carbon/ESG-related projects to pursue carbon capture and storage work. The industry’s prospects are highly correlated with the U.S. housing market conditions. Although the slowing housing market and the pandemic-related challenges are creating hurdles, the repair and remodeling or R&R market (considered one of the largest in terms of lumber demand) has been going strong. Currently, lower lumber prices are creating an opportunity to perform renovations or DIY projects, thereby aiding the wood industry participants. Also, increased government spending on infrastructure projects bodes well.Acquisitions, Product Innovation & Efficient Cost-Reduction Strategies: The companies also bank on acquisitions and divestitures to expand as well as improve portfolio quality. New products continue to be an important top-line driver for the industry players. Also, efforts to introduce products are likely to have helped the players. Again, in a bid to reduce costs, companies have been reducing the cost structure of their facilities through Lean Six Sigma efforts, sale or shutdown of underperforming units and manufacturing facilities as well as investments in technology. Also, the industry players have been focusing on operational excellence, comprising merchandising for value, harvest, and transportation efficiencies, and flexing harvest to capture seasonal and short-term opportunities.Rapid Lumber Market Swings & Supply Chain-Related Challenges Weigh on Margins: Historically, volatility in lumber prices has been a major concern for the wood industry. Any unusual rise in the cost of lumber products sold by primary producers increases the cost of inventory and limits margins on fixed-priced lumber products. Yet, a decline in costs eats into profits as products sold are indexed to the current lumber market. Meanwhile, the timberland business is governed by federal rules and state forestry commissions, which are subject to frequent changes, thereby affecting businesses. Further, due to the very nature of their properties, timberland REITs are required to follow eco-friendly mandates in their trade. Furthermore, the companies have been experiencing supply chain challenges and higher freight and transport costs. For example, resin unavailability is posing quite a challenge. The industry participants use a significant quantity of various resins in the manufacturing processes. Resin product costs are influenced by changes in the prices or availability of raw materials used to produce resins, primarily petroleum products, and the demand and availability of resin products.Zacks Industry Rank Indicates Bright ProspectsThe Zacks Building Products – Wood industry is an 11-stock group within the broader Construction sector. The Zacks Wood industry currently carries a Zacks Industry Rank #35, which places it in the top 14% of more than 250 Zacks industries.The group’s Zacks Industry Rank, which is basically the average of the Zacks Rank of all the member stocks, indicates impressive near-term prospects. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.The industry’s positioning in the top 50% of the Zacks-ranked industries is a result of a positive earnings outlook for the constituent companies in aggregate. Looking at the aggregate earnings estimate revisions, it appears that analysts are gradually gaining confidence in this group’s earnings growth potential. Since April 2022, the industry’s earnings estimates for 2022 have been revised upward to $4.06 per share from $3.71.Before we present a few stocks that you may want to consider for your portfolio, let’s take a look at the industry’s recent stock-market performance and valuation picture.Industry Outperforms Sector & S&P 500The Zacks Building Products – Wood industry has outperformed the broader Zacks Construction sector and the Zacks S&P 500 composite over the past year.Over this period, the industry has lost 8.5% compared with the S&P 500 and the broader sector’s 9.8% and 18.8% decline, respectively.One-Year Price PerformanceIndustry's Current ValuationOn the basis of the forward 12-month price-to-earnings ratio, which is a commonly used multiple for valuing wood stocks, the industry trades at 12.62X versus the S&P 500’s 16.19X and the sector’s 9.93X.Over the last five years, the industry has traded as high as 40.25X, as low as 12.62X and at a median of 23.42X, as the chart below shows.Industry’s P/E Ratio (Forward 12-Month) Versus S&P 500 5 Wood Stocks to Buy NowWe have selected five stocks from the Zacks universe of wood stocks that currently carry a Zacks Rank #1 (Strong Buy) or 2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here. Weyerhaeuser: Based in Seattle, WA, this company is one of the world's largest private owners of timberlands. Its focus on operational excellence is expected to drive growth. Again, more home improvement and R&R markets activities are raising hopes. Focus on operational excellence and efforts to boost financial flexibility enabled it to generate solid cash flow and strengthen the balance sheet. Weyerhaeuser remains optimistic about its performance despite persistent supply-chain issues, the recent uptick in mortgage rates and ongoing affordability concerns in the housing market, given favorable demographics, and a decade of underbuilding and historically low inventory for new and existing homes.Weyerhaeuser, a Zacks Rank #1 stock, has dropped 1.9% over the past year. Yet, WY has seen an 18.5% upward estimate revision for 2022 earnings over the past 60 days. The positive estimate revisions depict analysts' optimism over the company’s prospects.Price and Consensus: WYBoise Cascade Company: Based in Boise, ID, this Zacks Rank #2 company makes wood products and distributes building materials in the United States as well as Canada. Boise Cascade’s Building Materials Distribution and Wood Products segments are gaining strength from strong end-product demand (particularly for EWP) as well as higher commodity product prices. It has also been increasing commodity offerings that will instill growth in the existing markets, underserved markets and across its entire national footprint.Importantly, Boise Cascade — which has gained 12.6% in the past year — has seen a 22.3% upward estimate revision for 2022 earnings over the past 60 days.Price and Consensus: BCCLouisiana-Pacific Corporation: Headquartered in Nashville, TN, this company manufactures building products, primarily for use in new home construction, R&R as well as outdoor structure markets. Strong Siding Solutions (formerly known as SmartSide) revenues and an increase in OSB pricing will boost Louisiana-Pacific’s bottom line despite the ongoing headwinds from raw material prices and availability. Operational efficiency and cost-containment efforts are also encouraging.Louisiana-Pacific currently carries a Zacks Rank #2. LPX’s shares have lost 3.1% in the past year. Nonetheless, the consensus estimate for 2022 earnings has witnessed an upward revision of 14.2% in the past 60 days. Price and Consensus: LPXRayonier: Jacksonville, FL-based Rayonier is a leading pure-play timberland REIT. With a solid portfolio of timberlands in some of the most productive timber-growing regions of the Southern United States, Pacific Northwest and New Zealand, this company remains well-positioned to capitalize on higher demand trends, thereby improving export market conditions and leading to a favorable pricing environment. It also remains focused on adding high-quality timberlands to its portfolio through acquisitions.The consensus estimate for Zacks #2 Ranked Rayonier’s 2022 earnings has witnessed an upward revision of 4.8% in the past 30 days. The stock has gained 6.3% in the past year.Price and Consensus: RYNUFP Industries: Headquartered in Grand Rapids, MI, UFP Industries supplies wood, wood composite and other products in retail, industrial, and construction markets. An increase in home improvement activity resulting from stay-at-home orders has been benefiting UFP Industries’ Retail segment. Expansion of the product portfolio through acquisitions and product innovations is also noteworthy.This Zacks Rank #2 stock has dropped 7.2% in the past year. Nonetheless, UFP Industries’ 2022 earnings are expected to grow 16.1%. Price and Consensus: UFPI Free: Top Stocks for the $30 Trillion Metaverse Boom The metaverse is a quantum leap for the internet as we currently know it - and it will make some investors rich. Just like the internet, the metaverse is expected to transform how we live, work and play. Zacks has put together a new special report to help readers like you target big profits. The Metaverse - What is it? And How to Profit with These 5 Pioneering Stocks reveals specific stocks set to skyrocket as this emerging technology develops and expands.Download Zacks’ Metaverse Report now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Weyerhaeuser Company (WY): Free Stock Analysis Report UFP Industries, Inc. (UFPI): Free Stock Analysis Report LouisianaPacific Corporation (LPX): Free Stock Analysis Report Rayonier Inc. (RYN): Free Stock Analysis Report Boise Cascade, L.L.C. (BCC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksJun 17th, 2022

Elon Musk"s rants could signal a bigger problem

In Insider Weekly: What's behind Elon Musk's rants, Roku employees ponder Netflix, and how SoftBank's View became a SPAC disaster. Hi! Welcome back to Insider Weekly. This is Lisa Ryan, the editorial head of newsletters here at Insider, subbing in for Matt Turner again this week. We've got a roundup of some of our best reads for you.On the agenda today:Elon Musk's outbursts could mean Tesla is facing serious problems.Roku employees are starting to wonder: Is an acquisition by Netflix in the cards? Own a share of a vacation or single-family home through these co-ownership startups.SoftBank's View went from investor darling to one of the worst SPAC deals ever.But first: Let's hear what Insider's Eric Bates has been up to. He joined us last year after a storied career at magazines such as Rolling Stone and Vanity Fair, and his work as an editor has won many of journalism's top honors, including seven National Magazine Awards and the Pulitzer Prize for Features. Now, he heads our Discourse team. So without further ado … New to the newsletter? Sign up here.  Download our app here.A note from the Discourse deskRebecca Zisser/InsiderI'm Eric Bates, the editor of Insider's new Discourse team. Our stories usually blend a lot of elements: big ideas, personal observations, data analyses, and good old-fashioned reporting. Some are essays or explainers; others are profiles or features. But whatever the subject or style, we aim to make them all smart, incisive, fair, and compelling. When they work best, they make you think about something in a whole new way.If you read this newsletter regularly, you've probably seen a lot of our work. We've done some deep dives into fascinating issues and trends, including the history of hustle culture and the twilight of the tech gods. We've exposed a wide range of scams, including higher education, title insurance, and flying cars. We've delved into true-crime tales, such as the rise of "virtual kidnapping." And one of our stories — Jack Hitt's essay on the roots of denialism — just received the New York Press Circle Award for Best Commentary.We've assembled a team of top-notch editors and writers who bring a wealth of experience to our stories. So keep an eye out for us over the summer — we've got a lot of incredible stories in the works that I think you'll enjoy.And on that note: The first featured story in today's newsletter comes from the Discourse team's Linette Lopez. Elon Musk's rants could signal a bigger problemPeter Parks/Getty Images; Jenny Chang-Rodriguez/InsiderMusk has been talking about a lot of stuff lately: Twitter bots (an issue the company said it'd try to work on with him), President Joe Biden, a looming recession, and the supposed evils of working from home. But Linette Lopez, a senior correspondent at Insider, says all of Musk's recent outbursts are simply misdirections that point the public away from underlying problems with Tesla.Read the full story here:Wonder why Elon Musk is lashing out about recession risks and work from home? Just look under the hood at Tesla.Could Netflix buy Roku?Anthony Wood, Roku's CEO, speaking at Tribeca X on June 18, 2021, in New York City.Photo by Arturo Holmes/Getty Images for Tribeca FestivalInside Roku, a video-streaming platform operator that's suffered a punishing stock plunge in recent months, employees are buzzing about the possibility of an acquisition by Netflix.And Roku workers aren't the only ones chattering about a deal: Experts told Insider that as Netflix looks to introduce advertising to its services, buying Roku could be an auspicious move.Read the full story here:Inside Roku, talk is heating up about an acquisition by NetflixNab some real estate with these co-ownership companiesFrom left: Jeff Lyman, Kurt Avarell, and James Sukhan, the founders of Ember.EmberA trend of "fractional ownership" allows almost anyone to purchase or invest in real estate. Properties listed in locations such as Manhattan, California, Florida, and Mexico have been "selling out in less than 24 hours," one CEO told Insider. But critics say these are merely timeshares masquerading under a new, fancy name. Still, these companies offer a low-barrier entry. Others ask for only a $100 contribution. Could you have your slice of pie and eat it too?Read the full story here:Buy vacation homes from $68,000 or become a landlord with these 8 startups'Another SoftBank-backed company is imploding' Ethan Miller/Getty Images; Rebecca Zisser/InsiderThe smart-glass company View is becoming a cautionary tale that highlights the inherent risks in the SPAC market. Insiders, including former employees and bankers, told us that "the company burned cash and struggled with product failures for years."Employees pulled back the curtain on the company's work culture, where the CEO has been dubbed "Chairman Rao." View is now involved in a pending class-action lawsuit and runs the risk of being delisted by Nasdaq.Read the full story here:SoftBank's View became one of the worst SPAC deals ever This week's quote:"Clark was brilliant, but he was soulless, like a machine, ruthless in a certain sense, and didn't have the human-connection part."A former Amazon VP on Dave Clark, who recently left the company.More of this week's top reads:Following allegations of misconduct reported by Insider, a top Microsoft executive has resigned. Want a part-time job? In corporate America, that's going to be hard to come by. These 34 retail-tech power players are changing how brands operate and customers shop.Bank of America executives discuss how the company's return-to-office plans are going. YouTube pastors are making bank.Stablegains customers lost upward of $40 million by unknowingly investing all their money in Terra before the crash.Plus: Keep updated with the latest business news throughout your weekdays by checking out The Refresh from Insider, a dynamic audio news brief from the Insider newsroom. Listen here tomorrow.Curated by Lisa Ryan. Edited by Jordan Parker Erb, Sarah Belle Lin, and Hallam Bullock. Sign up for more Insider newsletters here.Read the original article on Business Insider.....»»

Category: topSource: businessinsiderJun 12th, 2022

BOMA New York Claims Half of the Regional MAC TOBY Awards 

The 2022 Middle Atlantic Conference and TOBY Awards was held end of this past April. BOMA New York is proud to announce that one executive and four New York City buildings and their respective owner/manager teams have won the prestigious BOMA MAC TOBY Award at the recent in-person regional conference... The post BOMA New York Claims Half of the Regional MAC TOBY Awards  appeared first on Real Estate Weekly. The 2022 Middle Atlantic Conference and TOBY Awards was held end of this past April. BOMA New York is proud to announce that one executive and four New York City buildings and their respective owner/manager teams have won the prestigious BOMA MAC TOBY Award at the recent in-person regional conference located in Albany, NY. The Outstanding Building of the Year (TOBY®) Awards is the most prestigious and comprehensive program of its kind in the commercial real estate industry, recognizing quality in commercial buildings and rewarding excellence in building management. To win a regional MAC TOBY Award, a professional and/or property first must win at a local competition. By way of recognizing quality in properties throughout the Middle Atlantic region of the United States, and rewarding excellence in building management, twelve awards were presented at the conclusion of the annual regional conference. The Middle Atlantic Region, better known as MAC, is comprised of 15 local associations covering 11 states The five New York City 2022 BOMA MAC REGIONAL TOBY winners are: James R. Kleeman, BOMA Fellow, RPA won the BOMA MAC Regional Outstanding Member of the Year. Jim has been an active member of BOMA NY since 2003 and is regularly involved at the Local, Regional, and International level. He led the BOMA NY Mentor Program for Emerging Leader and Student Members, is the Chair of the BOMA NY Preparedness Committee, as well as is the Regional Emergency Committee Chair and co-author of the BOMA International’s publication ‘Managing Through Pandemics… Preparing Your Buildings, Tenants and Staff’. Mr. Kleeman has also been bestowed a BOMA International Fellow designation since 2020. 110 Greene Street, better known as The SoHo Building, won the BOMA MAC Regional TOBY Award “Operating Office Building of the Year (100,000-249,999 SF)”. 110 Greene Street is located at the epicenter of SoHo and features high ceilings, open floorplates and historic details throughout. The SoHo Building is BOMA360, Energy Star, LEED Gold, WELL and WiredScore certified. Notable tenants include UNTUCKit, BIRKENSTOCK, Anne Fontaine, Vashi and Meermin Mallorca Shoes. 110 Greene Street is owned and managed by SL Green Realty Corp. 10 Hudson Yards won the BOMA MAC Regional Award “Operating Office Building of the Year (Over 1 Million SF)”. 10 Hudson Yards is the cultural hub of Manhattan’s New West Side. Designed by global architects KPF, the 1.8 million-square-foot tower stands an astounding 895 feet tall and features panoramic views. Designed for the new workplace paradigm and typified by expansive, column-free floor plates, above-average ceiling heights, an abundance of natural light – tenants include Coach, L’Oréal, SAP, Boston Consulting Group, VaynerMedia, Intersection Co. and Sidewalk Labs. 10 Hudson Yards is the first NYC commercial skyscraper to receive LEED v2009 Platinum Certification. Lindsay DeFouw, Vice President at Related Companies said, “Since opening just six short years ago, the team at 10 Hudson Yards has exceeded expectations from both tenants and visitors alike. Our latest BOMA win is the proof in the pudding! We are proud of the continued commitment by our management, engineering, janitorial, and security teams to delivering the highest levels of customer service, sustainability, and best-in-class operations in New York City and beyond. Ms. DeFouw continued, “We look forward to representing our region at BOMA International later this year.” 10 Hudson Yards is owned by Allianz, Related Companies, and Oxford Properties Group; and managed by Related Companies.. 11 Madison Avenue won the BOMA MAC Regional Award “Earth Building of the Year”. 11 Madison has been a cornerstone of innovation since its conception in 1929. Nine decades and multiple renovations later – including NYC’s largest – it has fully taken on the mantle of sustainability. Today, 11 Madison is BOMA360, LEED Gold and Fitwel certified; houses two ice plants, and has achieved Energy Star certification since 2016. Forty-nine elevators transport tenants throughout its 2.3 million SF of diverse workspace. Tenant corporate sustainability commitments enhance the building’s profile through LEED-certified and ISO40001-compliant facilities, where infrastructure, programs and practices encompass ice plant technology, the drive to achieve 100% renewable power by 2030. 11 Madison is owned by SL Green Realty Corp. and PGIM Real Estate; and managed by SL Green Realty Corp. Edward V. Piccinich, Chief Operating Officer of SL Green said, “Year after year, BOMA brings together the best properties in the Mid-Atlantic region that set the standard for operational excellence. SL Green Realty Corp. is proud to be the recipient of this top award in not only one, but two categories. It is a true testament to our team’s continued dedication to excellence. At both 11 Madison Avenue and 110 Greene Street, historic properties have been reinvigorated through strategic capital upgrades and industry-leading standards, while showcasing the details of their original design. Achieving the Earth Award at 11 Madison demonstrates how a 2.3M SF Art Deco mainstay has been reawakened by exceeding the highest standards for efficiency and social responsibility, whereas 110 Greene Street winning Operating Building of the Year highlights our comprehensive approach to operations, community impact, tenant satisfaction, and sustainability – all while harmonizing with the artistic vibe of the surrounding SoHo neighborhood.” 101 Greenwich won the BOMA MAC Regional Award “Renovated Building of the Year”. 101 Greenwich was delivered in 1907 and considered a timeless icon of Downtown Manhattan. After an $85 million complete renovation, the building was enhanced with a beautifully redesigned lobby, upgraded elevators, bathrooms, building systems and a large bike-friendly storage room for tenants, among several state-of-the-art workspaces and amenities. Upgrades were also made to the property’s mechanical, electrical, plumbing, and fire alarm systems in the lobby, elevators, and bathrooms to promote safety and efficiency. 101 Greenwich features facial recognition scanning turnstiles granting tenants safe passage 24/7 and immediate access to 12 different NYC subway lines. The renovation transformed a Class B building to one of the finest, fully modernized, pre-war Class A buildings in Lower Manhattan. “This major win would not have been achieved without the help of our creative and innovative ownership team, and the execution of our management team, who work so hard every day to sustain the standard,” said Chirstopher Gildea, General Manager, Property Management at JLL. 101 Greenwich is owned by BentallGreenOak and Cove Property Group; and managed by JLL. Matthew J. Duthie, Chair of BOMA New York, said, “Congratulations to the exemplary New York City owners and managers for their respective TOBY Awards. We also congratulate Jim Kleeman for receiving the prestigious Regional Outstanding Member of the Year Award.” Mr. Duthie continued, “They, together with the other recent Regional TOBY winners, lead the commercial real estate industry with excellence.” Winners of all regional TOBY Awards will compete against one another at the upcoming BOMA International Conference & Expo in Nashville, TN, scheduled for June 25-28, 2022. The cycle begins again at the local level when BOMA New York will host its 51st Annual Pinnacle Awards on September 29th at Pier 60. The post BOMA New York Claims Half of the Regional MAC TOBY Awards  appeared first on Real Estate Weekly......»»

Category: realestateSource: realestateweeklyMay 28th, 2022

The Real Estate Board of New York Announces Winners for Annual Residential Deal of the Year Awards

New York City residential brokerage leaders came together on May 4th at CNVS Events, located at 635 West 42nd Street to honor winners of the Real Estate Board of New York (REBNY)’s Residential Deal of the Year Awards. In its 33rd year, the charity and awards gala was organized by members of the Deal of... The post The Real Estate Board of New York Announces Winners for Annual Residential Deal of the Year Awards appeared first on Real Estate Weekly. New York City residential brokerage leaders came together on May 4th at CNVS Events, located at 635 West 42nd Street to honor winners of the Real Estate Board of New York (REBNY)’s Residential Deal of the Year Awards. In its 33rd year, the charity and awards gala was organized by members of the Deal of the Year Committee, also known as the Member in Need Fund Committee. This committee, along with members of the Residential Co-Chair Council and Residential Board of Directors served as judges for each award.  For residential transactions closed between September 1, 2020 and December 31, 2021, the gala highlighted the following awards: The First Place Residential Deal of the Year Award was given to Lawrence Rich and Dakota Scotto of The Corcoran Group and Steven Marvisch of Brown Harris Stevens. Titled “The Salesman in Me Made Me Do It/I Will Never Work on Yom Kippur Again,” the winning submission involved an apartment sale following two years of last-minute withdrawals and unforeseen challenges presented by the pandemic. The salesperson overcame what he described as divine bumps in the road after going against his better judgement to conduct a showing on Yom Kippur. Ultimately, the professionals involved in the deal were able to close on one of the most difficult transactions of their career. The Second Place Residential Deal of the Year Award went to Joe Ulam of Brown Harris Stevens. “The Studio Sale of the Year” submission involved the sale of a less than glamourous 265-square-foot ground level studio apartment. Despite unfavorable timing, minimal amenities and a contentious relationship between the seller and the Co-Op board president, the seller’s broker was able to find a qualified buyer at ask. To close the deal though, the salesperson had to successfully navigate a walkthrough with the buyer’s sister who ‘knew the ropes,’ as she just bought a home in Colorado. To keep the deal from blowing up over a questionable toilet, the salesperson quickly assembled and convinced five random strangers on the street to come in and flush the toilet with no issue in front of the buyer’s sister. Luckily, the ad hoc plumbing survey was a success and the buyer closed. The Third Place Residential Deal of the Year Award was given to Martha Friedricks-Glass of The Corcoran Group. In “Third Time’s A Charm,” the seller’s broker was tasked with selling a 3,100-square-foot apartment that the client had owned and lived in for 53 years. Through the height of the pandemic, four separate would-be buyers put in offers before being outbid or withdrawing. Eventually, the salesperson was able to convince the first would-be buyer to close on the full asking price. In addition to the Deal of the Year awards, the gala honored several individuals for performance and character. Doreen Courtright of Douglas Elliman for Residential Agent of the Year. Nominated by agents and associate brokers, the winner of this award demonstrates leadership in both the real estate industry and community for at least five consecutive years.Clifford Marks of Brown Harris Stevens for Residential Rookie of the Year. This award recognizes current and potential professional achievement as well as high moral character and professional ethical conduct of a salesperson licensed no earlier than August 30, 2019.Gary Malin of The Corcoran Group for The Eileen Spinola Award for Distinguished Service. This award honors a member who has made significant contributions to the REBNY community by donating time, expertise, and knowledge in the areas of education, ethics, and professional services for the betterment of the real estate industry. Residential sales and rental markets have fully recovered from significant declines in activity in 2021 and 2020 following the onset of the pandemic. Last year, sales of residential property in New York City exceeded $54 billion. This was a 77% increase from 2020. So far in 2022, sales continue to be incredibly strong, exceeding $14 billion during the 1st quarter. This represents a 42% increase from the 1st quarter of last year. This comes despite declines or only marginal gains in inventory. “As our City emerged from the darkest days of the pandemic, it was our residential members who were integral to the start of the City’s economic recovery. This event honors not only the most remarkable deals but the tremendous value these professionals bring to the industry and our City,” said James Whelan, REBNY President. “To match our members’ hard work, REBNY staff continues to advocate to the public sector to cut red tape and create tools that will help develop more housing inventory to ensure the long-term wellbeing of New York. Congratulations to the winners and all those who placed submissions.” The post The Real Estate Board of New York Announces Winners for Annual Residential Deal of the Year Awards appeared first on Real Estate Weekly......»»

Category: realestateSource: realestateweeklyMay 8th, 2022

BOMA International Earns 2022 ENERGY STAR® Partner of the Year Sustained Excellence Award

The Building Owners and Managers Association (BOMA) International has been recognized with the 2022 ENERGY STAR® Partner of the Year Sustained Excellence Award for continued leadership and superior contributions to energy efficiency. BOMA International now has received a total of 15 ENERGY STAR awards, making it the most decorated commercial... The post BOMA International Earns 2022 ENERGY STAR® Partner of the Year Sustained Excellence Award appeared first on Real Estate Weekly. The Building Owners and Managers Association (BOMA) International has been recognized with the 2022 ENERGY STAR® Partner of the Year Sustained Excellence Award for continued leadership and superior contributions to energy efficiency. BOMA International now has received a total of 15 ENERGY STAR awards, making it the most decorated commercial real estate association. The Sustained Excellence award is the highest honor bestowed by the ENERGY STAR program. Winners are part of a distinguished group that has made a long-term commitment to fighting climate change and protecting public health through energy efficiency. They are among the nation’s leaders in driving value for the environment, the economy and the American people. BOMA International received its first ENERGY STAR award in 2007. Fifteen years later, this most recent recognition from the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy demonstrates BOMA International’s long-term commitment to energy efficiency, which is integrated into a number of its programs and initiatives, including: Resources and incentives for “greening” a commercial lease, including BOMA’s Green Lease Guide: A Guide for Landlords and Tenants to Collaborate on Energy Efficiency and Sustainable Practices, the third update to the commercial real estate industry’s best practice guide for green commercial leases. Through a generous grant from BOMA International Cornerstone Partner Yardi, BOMA now provides this guide as a free resource. Annual conference offerings, including the “Energy Efficiency and Environmental Responsibility” education track. BOMA’s Sustainability Scholarship, supported by Yardi, helps connect individuals studying or working in the sustainability field to these offerings by covering a full conference registration and associated costs.A wide range of thought leadership, including sustainability-focused BOMA Deep Dives, feature articles and high-performance building case studies to inform and promote industry best practices.A variety of energy management trainings and resources, includingBOMA’s Energy Efficiency Program (BEEP®) 2.0, BEEP for Industrial and BEEP Plus; the BOMA Energy Performance Contracting (BEPC) model; and Building Re-Tuning Training.The BOMA 360 Performance Program, which includes updated criteria to encourage applicants to achieve the industry’s most up-to-date best practices for energy management and sustainability. The Outstanding Building of the Year® (TOBY) competition, which is the commercial real estate industry’s highest honor recognizing quality in buildings and excellence in all facets of building management, including energy management and green policies and procedures. The groundbreaking W2 Challenge, an initiative to promote market transformation by encouraging the widespread adoption of waste and water benchmarking, which successfully concluded in 2020. The two-year program incentivized nearly 2,000 buildings spanning more than 488 million square feet of space to benchmark waste and water using ENERGY STAR’s Portfolio Manager tool. The highly effective initiative earned BOMA International a place on ASAE’s list of “100 Associations That Will Change the World” in 2020. Ongoing cumulative accomplishments in the areas of advocacy, education, research and other industry initiatives, many of which have been supported by grant funding for energy efficiency initiatives from Yardi. “BOMA International is honored to receive its fifteenth ENERGY STAR award,” said BOMA International Chair Mark Dukes, BOMA Fellow, CCIM, RPA, senior vice president of Asset Management at Physicians Realty Trust. “As a longtime sustainability leader in the commercial real estate industry, we remain committed to providing property professionals with the tools, education and resources they need to operate high-performing assets. We also applaud our many member companies who have been honored with 2022 ENERGY STAR awards for their sustainability efforts.” “We know it’s going to take all of us working together to tackle the climate crisis, and the 2022 ENERGY STAR award-winning partners are demonstrating what it takes to build a more sustainable future,” said EPA Administrator Michael S. Regan. “These companies are showing once again that taking action in support of a clean energy economy can be good not only for the environment, but also for business and customers.” Winners are selected from a network of thousands of ENERGY STAR partners. For a complete list of 2022 winners and more information about ENERGY STAR’s awards program, visit www.energystar.gov/awardwinners. The post BOMA International Earns 2022 ENERGY STAR® Partner of the Year Sustained Excellence Award appeared first on Real Estate Weekly......»»

Category: realestateSource: realestateweeklyMay 5th, 2022

Hines earns 2022 Energy Star® Partner of the Year – Sustained Excellence Award

Hines, the international real estate firm, is proud to announce it is a recipient of the 2022 ENERGY STAR Partner of the Year Sustained Excellence Award from the U.S. Environmental Protection Agency and the U.S. Department of Energy. This is the 18th time Hines has been recognized and the 15th time Hines... The post Hines earns 2022 Energy Star® Partner of the Year – Sustained Excellence Award appeared first on Real Estate Weekly. Hines, the international real estate firm, is proud to announce it is a recipient of the 2022 ENERGY STAR Partner of the Year Sustained Excellence Award from the U.S. Environmental Protection Agency and the U.S. Department of Energy. This is the 18th time Hines has been recognized and the 15th time Hines has received the Sustained Excellence Award. “We strive to be leaders in sustainability and continue to prioritize the tremendous importance it has on our communities,” said Jeff Hines, chairman and co-chief executive officer. “We’re honored that our efforts have once again been recognized by the EPA and DOE and we’re proud to be on the leading edge of the green-building and well-building movements. We will continue to set a high bar for ESG policies and practices across our industry.” Hines’ portfolio of ENERGY STAR buildings consists of 206 facilities and more than 84 million square feet. With an average performance rating of 79.6, the portfolio is 38.1% more energy efficient than the national average, according to ENERGY STAR portfolio manager. “We know it’s going to take all of us working together to tackle the climate crisis, and the 2022 ENERGY STAR award-winning partners are demonstrating what it takes to build a more sustainable future,” said EPA Administrator Michael S. Regan. “These companies are showing once again that taking action in support of a clean energy economy can be good not only for the environment, but also for business and customers.” Each year, the ENERGY STAR program honors a group of businesses and organizations that have made outstanding contributions to protecting the environment through superior energy achievements. ENERGY STAR award winners lead their industries in the production, sale, and adoption of energy-efficient products, homes, buildings, services, and strategies. These efforts are essential to fighting the climate crisis and protecting public health. Winners are selected from a network of thousands of ENERGY STAR partners. For a complete list of 2022 winners and more information about ENERGY STAR’s awards program, visit energystar.gov/awardwinners. The post Hines earns 2022 Energy Star® Partner of the Year – Sustained Excellence Award appeared first on Real Estate Weekly......»»

Category: realestateSource: realestateweeklyMay 5th, 2022