Real Estate Board of New York’s 120th Annual Banquet

 

On January 21, the Real Estate Board of New York gathered at the New York Hilton to celebrate the city’s real estate industry at the 120th Annual Banquet at the New York Hilton.

“REBNY’s annual celebration is always the biggest night of the year for the real estate industry, and this year was certainly no exception. We were thrilled to be joined by more than 2,000 of our members, as well as top government and business leaders from across the City and State, in celebrating the best and brightest of New York’s real estate community,” said Rob Speyer, President and CEO of Tishman Speyer and REBNY Chairman.

This year’s celebration honored the late John Zuccotti, a former REBNY chairman, as well as the accomplishments of the Stacom Family – Matthew, Tara and Darcy – as the first family to receive the Bernard H. Mendik Lifetime Leadership in Real Estate Award. Other honorees for the evening were Daniel Brodsky, Jeffrey E. Levine, Bill Montana, Edward V. Piccinich, and Steven H. Marvin.

After the video presentation (see below), a discussion was sparked around the city’s need for developments of new commercial office, industrial manufacturing, and life science space for continued economic growth and job creation. The video highlights findings from a recent NYCEDC study that predicts the city will need up to 60 million additional square feet of office space to keep up with the demand of job growth.

To read more about the night’s honorees and to view photographs from the event, visit Real Estate Weekly.

 

Real Estate Board of New York to Honor Industry Leaders

At Thursday’s 120th annual REBNY banquet, the Stacom family will receive the Bernard H. Mendik Lifetime Leadership in Real Estate Award, marking the first time an entire family will be honored.

The late Matthew Stacom and his daughters, Tara and Dary, will receive the award for their contribution to the city’s real estate industry. “The Stacoms are true industry legends whose collective contributions are worthy of this unprecedented recognition by REBNY,” said REBNY chairman Rob Speyer.

Other honors will be given to five executives for their contributions to real estate. Those executives are: Daniel Brodsky, Jeffrey E. Levine, Bill Montana, Edward V. Piccinich, and Steven H. Marvin. “Their dedication to professional, philanthropic, and humanitarian service exemplifies what it means to invest in our City’s future and we thank them for their tremendous efforts,” said REBNY President John H. Banks III.

“We look forward to gathering with all of our colleagues at our 120th annual banquet to celebrate the achievements of the real estate community and toast the vibrant real estate market,” said Speyer.

The banquet will also honor John Zuccotti, the former REBNY chairman who passed away in November.

For more information on the banquet, visit Real Estate Weekly.

Tishman Speyer completes purchase of One Channel Center

Tishman Speyer has completed the purchase of One Channel Center in Boston for $316.5 million.

The 501,000-square-foot building is a newly constructed Class A office complex, designed as the workplace of the future for State Street Bank in Boston’s rapidly developing Seaport District. Constructed in 2014, the property was designed to cater to a mobile, flexible workforce with innovative infrastructure enhancements and highly efficient construction. Tishman Speyer owns two buildings on Pier 4, and is looking to expand in Boston.

“The Boston office market is currently very strong and we believe it will be strong over the long term,” said chief executive Rob Speyer. “This is a signature office building that is well-situated in what is a vibrant mixed-use neighborhood with a great future.”

One Channel Center features many amenities, including restaurants, hotels and high-end residencies. It includes a state-of-the-art fitness center, cafeteria, conference space, a 130-space bike rack and the Seaport’s newest and largest freestanding garage. The complex is anticipated to be LEED Silver certified. It is commuter-friendly; just a few steps from public transit and easily accessible to major highways.

Learn more at Tishmanspeyer.com.

Rob Speyer Helps to Light the Rockefeller Center Tree

Rob Speyer shared tree lighting duties with Mayor Bill de Blasio, Jerry Speyer and Jaimie Alexander on Wednesday, December 2, 2015. Photos from the event can be seen below and on Rob Speyer’s Facebook page.

Bill de Blasio, Jerry Speyer, Rob Speyer, Jaimie Alexander

New York City Mayor Bill de Blasio, left, Jerry Speyer, second left, Rob Speyer, second right, and actress Jaimie Alexander, right, light the 2015 Rockefeller Center Christmas Tree.

2015 Rockefeller Center Christmas Tree Lighting

The 83rd Annual Rockefeller Center Christmas Tree Lighting Ceremony.

2015 Rockefeller Center Christmas Tree Lighting

The 83rd Annual Rockefeller Center Christmas Tree Lighting Ceremony.

2015 Rockefeller Center Christmas Tree Lighting

The 83rd Annual Rockefeller Center Christmas Tree Lighting Ceremony.

2015 Rockefeller Center Christmas Tree Lighting

The 83rd Annual Rockefeller Center Christmas Tree Lighting Ceremony.

Photo credit:  Diane Bondareff/Invision for Tishman Speyer/AP Images

Rockefeller Center Kicks Off Holiday Season

The holiday season in New York City kicked off last night as the Rockefeller Center Christmas tree was lit during the 83rd annual Christmas in Rockefeller Center special. Illuminated with 45,000 LED lights, the 10-ton Norway Spruce from upstate New York was lit by Mayor Bill de Blasio, Jerry Speyer, Rob Speyer, and actress Jaimie Alexander, following performances by Andy Grammer, Sting, Michael Bublé and more.

The tree will be lit daily from 5:30 a.m. to 11:30 p.m. until January 7, except for Christmas, when it will be lit for 24 hours, and New Year’s Eve, when it will be lit until 9 p.m. The tree will be milled for lumber to be used by Habitat for Humanity after the holiday season.

Read more about the ceremony here.

Real Estate Board Announces Award Recipients

Organizers of the Real Estate Board of New York’s 120th Annual Banquet, the black-tie event to celebrate industry leaders, recently announced the recipients of this year’s top honors.

The awards, which are set to take place on January 21, 2016, will honor “[t]he wide-ranging achievements of the industry leaders” said REBNY President John H. Banks III.

“Their dedication to professional, philanthropic, and humanitarian service exemplifies what it means to invest in our City’s future and we thank them for their tremendous efforts,” Banks said.

This year’s recipients include:

  • The Stacom Family will receive the Bernard H. Mendik Lifetime Leadership in Real Estate Award for their exceptional accomplishments in the profession, leadership, and service to the real estate industry. This is the first time an award at the REBNY banquet will be given to a family.
  • Daniel Brodsky, Senior Managing Partner of the Brodsky Organization, will receive The Harry B. Helmsley Distinguished New Yorker Award, which is presented to an industry member for invaluable contributions to New York’s civic welfare and the real estate community.
  • Bill Montana, Savills Studley Managing Director, will receive The Louis Smadbeck Broker Recognition Award, which celebrates a commercial broker with exceptional personal and professional integrity, leadership, prominence in the brokerage community, and service to REBNY’s committees.
  • Edward V. Piccinich of SL Green Realty will receive The George M. Brooker Management Executive of the Year Award. This award recognizes individuals in property management based on outstanding professionalism, civic achievement, and contributions to the industry.
  • Steven H. Marvin will receive the Young Real Estate Man of the Year Award. Marvin is the Executive Managing Director and Partner of Olmstead Properties, Inc. This award is selected by the Young Men’s/Women’s Real Estate Association of New York and presented to a member who exemplifies integrity, professionalism, and personal ethics.

REBNY Chairman Rob Speyer said: “We look forward to gathering with all of our colleagues at our 120th annual banquet to celebrate the achievements of the real estate community, toast the vibrant real estate market, and posthumously honor John Zuccotti, a former REBNY Chairman and one of New York’s greatest civic leaders.”

Read more about the event at Real Estate Weekly.

 

 

Downtown Alliance Release Economic Growth Report

This month, the Downtown Alliance, an organization dedicated to improving the quality of life in Lower Manhattan, released a report on the economic growth and opportunity in the area. The report outlines expected growth over the course of the next five years, and investments made in the area post-9/11.

Some advances discussed in the report include:

  • Forecasted new job growth of over 45%:
    • In recent years, Lower Manhattan has seen an uptick in jobs in professional and business services, technology and media. The area is well positioned to garner a significant share of this growth through 2019.
  • New buildings in Lower Manhattan aid in drawing businesses to the area:
    • 1 World Trade Center and 4 World Trade Center became available in the Fall of 2014, and 63% of the available office space was leased within the first quarter of 2015. With 3 World Trade Center scheduled for occupancy in 2018, there will be an increase of over 2 million square feet available for rent. By the end of 2019 these buildings alone will have increased the number of people employed in Lower Manhattan by over 17,000.
  • Hotel development means added tourism:
    • There are 23 hotels scheduled to open in Lower Manhattan between 2015 and 2018. This not only increase tourism to the area, but will also bring an estimated 3,000 hospitality jobs.

For more information, the full report can be read on the Downtown Alliance’s website.

REBNY celebrates achievements of its members at the 27th Annual Residential Deal of the Year Charity and Awards Gala

The Real Estate Board of New York recently honored 15 of its members at the 27th Annual Residential Deal of the Year Awards and Gala – recognizing those who have made significant contributions to the field. This was also the first year that REBNY introduced The Eileen Spinola Award, named for the retired REBNY Vice President who was instrumental in the growth of the education and brokerage divisions of the board.

The inaugural winner of the award was Vickey Barron of Douglas Elliman. Barron, Director of Sales at the new Ralph Walker collection, played a key role in the overall growth of the company’s new development market in the city. In addition, she made contributions to REBNY as the co-chair of its education committee, while also serving on both the Ethics Committee and Residential Sales Council.

The top honor of the evening was the Henry Forster Award for lifetime achievement, which was presented to Corinne Pulitzer of Douglas Elliman Real Estate. As a top producer at Elliman, Pulitzer sells and leases luxury condos, co-ops, townhouses, commercial and investment properties and has closed tens of millions of dollars in transactions over the course of 20 years. Pulitzer is currently the Co-Chair of the REBNY Membership Committee.

A portion of the proceeds from this year’s Gala were donated to REBNY’s “Member in Need” program, as well as the New York City AIDs Memorial. More information on this year’s award recipients can be read at Real Estate Weekly.

 

 

Global Cities: The Developer’s Perspective

Rob Speyer spoke at the Urban Land Institute’s Fall Meeting in October of 2014. In Global Cities: The Developer’s Perspective, Speyer said that cities are more important than ever in bringing people together. A video playlist featuring clips from Speyer’s speech can be viewed below:

More information about ULI’s Fall meeting can be found at uli.org.

Tishman Speyer unveils plans for Anthony’s Pier 4

Tishman Speyer has recently unveiled plans for its upcoming Anthony’s Pier 4 project in Boston, Mass. Renderings can be seen below and on Rob Speyer’s Facebook page.

Tishman Speyer HARBOR_VIEW

Tishman Speyer; rendering of Pier 4 – Harbor View

 

Tishman Speyer WATER_EAST_VIEW

Tishman Speyer; rendering of Pier 4 – View from Water

 

TISHMAN Speyer _PIER 4_TERRACE_Final_2015_03_27

Tishman Speyer; rendering of Pier 4 – Roof

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