And the Nominees for Real Estate's Most Prestigious Commercial Awards Are…

--Submissions are in for REBNY’s Ingenious Deal of the Year Awards;

Honors to be presented April 23--


NEW YORK, March 5, 2013 –  The Real Estate Board of New York has announced the submissions for the industry’s most coveted commercial honors, the Most Ingenious Deal of the Year Awards. The awards will be presented on April 23rd at the annual cocktail party of the Sales Brokers Committee at the 101 Club. Nineteen of 2012’s most creative deals -- completed by 37 top notch real estate dealmakers -- are competing for REBNY’s first, second and third place prizes.

Winners will be judged in the categories of finance, leasing, and sales by a panel of industry leaders. The honors are presented to the dealmakers that demonstrate the most ingenuity, creativity and professional skill. 

“REBNY received nineteen very interesting submissions for this year’s Most Ingenious Deal of the Year awards, which is a significant increase in submissions than in past years. As the number of submissions grows, the brokers continue to raise the bar for the competition,” said Steve Spinola, REBNY President. “This year’s deals reflect the highest caliber of transaction within the commercial real estate market and we are pleased to distinguish those who have put in the time and effort. REBNY wishes the best of luck to all those competing.”

The Henry Hart Rice Award, which memorializes Henry Hart Rice, a Most Ingenious Deal of the Year Award winner and five-time Robert T. Lawrence Award recipient, will be presented to the first-place winner. The Robert T. Lawrence Award is the second place award and the Edward S. Gordon Award is the third place award.

The Submissions are:

 SALE

  • 20 East End Avenue, NYC

“Not a Taxing Matter”: Creating a Tax-Exempt Leasehold Condominium While Selling an Owned Tax-Exempt Asset and Liberating $60 Million

Brokers:  Ira Schuman, Daniel O. Horowitz, & David Carlos, Studley, Inc.

  • 88 Leonard Street, NYC

“The Sale of 88 Leonard Street”

           Brokers:  Helen Hwang & Nat Rockett, Cushman & Wakefield

  • 3 Columbus Circle, NYC

“Ending the “Mad Men” Era on Madison: A Transformative Deal for Y&R at 3 Columbus Circle”   

Brokers:  Mary Ann Tighe & Gregory Tosko, CBRE, Inc.

  • 144 Spring Street, NYC

“Soho Corner’s Winding Road: From Flea Market to Flagship – 144 Spring Street, New York, NY”

Brokers:  Christopher Owles, Sinvin Realty, LLC                

  • 525 Broadway, NYC

“525 Broadway Comes Full Circle – Back to its Original Owner”

Brokers:  Alan S. Cohen & Gregg L. Schenker, ABS Partners Real Estate, LLC 

LEASE                                                                 

  • 101 Avenue of the Americas, NYC

“Solving the Genome Puzzle – The Long Road to 101 Avenue of the Americas”

Brokers:  Bill Harvey & Daniel Segal, Newmark Grubb Knight Frank

  • 1301 Avenue of the Americas, NYC

“Creating Space & Competition – Chadbourne & Parke’s Lease at 1301 Avenue of the Americas”

Brokers:  Moshe Sukenik, Barry Gosin & Chris Mongeluzo, Newmark Grubb Knight Frank    

  • 11 Times Square, NYC

“Blazing a Path to Times Square West – 11 Times Square”

Brokers: Mitchell Konsker, Paul Glickman & Matthew Astrachan, Jones Lang LaSalle

  • 33 Beekman Street, NYC

“Keeping Up With the Pace: Custom-Built State-of-the-Art Student Housing From the Ground Up – 33 Beekman St.”

Broker:  David A. Falk & Kyle J. Ciminelli, Newmark Grubb Knight Frank

  • 200 Hudson Street, NYC                                                                               

 205 Hudson Street, NYC                                                                                                                                200 Madison Avenue, NYC                                                  

“Moving Havas into the Digital Age – Through Bricks & Mortar”

Brokers:  David A. Falk, Jason T. Greenstein, & Frank Kajon, Newmark Grubb Knight Frank

  • One New York Plaza, NYC

“Morgan Stanley Lease – One New York Plaza”

Brokers:  Barry M. Gosin, Brian S. Waterman, & Romel Canete, Newmark Grubb Knight Frank

  • 1515 Broadway, NYC

“Viacom’s Monumental Renewal at 1515 Broadway”

Brokers:  Michael R. Laginestra, Scott L. Gottlieb, & Andrew J. Sussman, CBRE, Inc.

  • 7 Times Square, NYC

“Musical Chairs in Times Square – 7 Times Square”           

Brokers:  Ben Friedland & Silvio Petriello, CBRE, Inc.

  • One New York Plaza, NYC

“1.2M SQ FT Morgan Stanley Lease at One New York Plaza”

Brokers:  Duncan McCuaig, Brookfield Properties

FINANCE

  • 837 Washington Street, NYC

“837 Washington Street Financing”

Brokers:  Evan Pariser, HFF

  • 50 Oceana Drive West, NYC

“Brighton Beach Memoirs – 50 Oceana Drive West, Brighton Beach”

Brokers: Scott A. Singer & Jeffrey Moroch, The Singer & Bassuk Organization

  • 1515 Broadway, NYC

“1515 Broadway Financing”

Brokers: Whitney Wilcox & Michael Tepedino, HFF

  • 452 Fifth Avenue, NYC

“HSBC Tower Refinancing”

Brokers:  Shawn Rosenthal, The Ackman-Ziff Real Estate Group, LLC

  • 542-580 Second Avenue, NYC

“Kips Bay – 542-580 Second Avenue, New York”

Brokers:  Chris Lama, NY Urban

For reservations to attend the awards cocktail party, please contact Desiree Jones at djones@rebny.com.

About The Real Estate Board of New York

The Real Estate Board of New York is the city’s leading real estate trade association with more than 13,000 members.  REBNY represents major commercial and residential property owners and builders, brokers and managers, banks, financial service companies, utilities, attorneys, architects, contractors and other individuals and institutions professionally interested in the city’s real estate.  REBNY is involved in crucial municipal matters including tax policy, city planning and zoning, rental conditions, land use policy, building codes and legislation.  In addition, REBNY publishes reports providing indicators of market prices for both the residential and commercial sectors. Please visit us online at www.REBNY.com

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