Wednesday anuary 17, 2018 122 REBNY applauds Most Ingenious … · 2020-07-08 · by James D. Kuhn,...
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C18 WEDNESDAY, JANUARY 17, 2018 122ND REBNY BANQUET JLL’s Hayley Shoener named year’s Most Promising Salesperson REBNY applauds Most Ingenious Dealmakers of the Year The head-to-head competition among New York City commercial real estate pro- fessionals for the Real Estate Board of New York’s (REBNY) 2016 Sales Brokers Most Ingenious Deal of the Year Awards culmi- nated at the Sales Brokers Committee’s 73rd Annual Cocktail Party held at Club 101 in April, 2017. The 2016 winners were: Michael Laginestra and Michael Geoghegan, of CBRE, Inc., who were honored with the first prize Henry Hart Rice Achievement Award for “A Hat Trick for the NHL: New Headquarters, Experiential Re- tail and a Hockey Rink at Manhattan West” at 1 Manhattan West in Manhattan David Carlos and Ira Schuman, of Savills Studley, Inc., who won the second prize Robert T. Lawrence Memorial Award for “Repositioning Real Estate or Reimagin- ing the Promise Land? How Savills Studley Helped Jewish Theological Seminary Trans- form Its Campus for the 21st Century” at 543 West 122nd Street, 3060 Broadway, and 415 West 120th Street in Manhattan Scott A. Singer and Kathleen McShar- ry, of The Singer & Bassuk Organization LLC, who took home the third prize Edward S. Gordon Memorial Award for “It’s Not Just a Job, It’s An Adventure” at the Brook- lyn Navy Yard in Brooklyn “The award winners delivered solutions that exceeded their clients’ expectations,” said REBNY President John Banks. “Their commitment to go above and be- yond to achieve results that are economical- ly beneficial to the City and its institutions, residents, and visitors demonstrates the high level of professionalism and expertise that sets REBNY members apart.” The trifecta “Hat Trick” deal scored by CBRE’s Michael Laginestra and Michael Geoghegan for the National Hockey League (NHL) on Manhattan’s West Side claimed the 2016 Henry Hart Rice Achievement Award. As the league celebrates its 100th anniversary this year, the brokers’ game- changing negotiations last year, driven by the duo’s professionalism, ingenuity, and passion for sports, exceeded the NHL’s ex- pectations that initiated with a much simpler request: to improve the day-to-day opera- tions of their current headquarters. Laginestra and Geoghegan overcame intricate challenges in their extensive search for potential options. They explored renovating the NHL’s current headquarters, other available office The 2016 winners and judges of the REBNY Sales Brokers Most Ingenious Deal of the Year Awards (pictured from left to right): Joseph Tufariello, Wells Fargo Bank; Steve Alden, Debevoise & Plimpton LLP; Ira Schuman and David Carlos of Savills Studley, Inc.; Michael Geoghegan, CBRE, Inc.; Woody Heller, Savills Studley, Inc., Chair of REBNY’s Sales Brokers Committee; Michael Laginestra, Savills Studley, Inc.; Scott A. Singer and Kathleen McSharry, The Singer & Bassuk Organization LLC; David Robinov, The Ackman-Ziff Real Estate Group space and collaborating with established ice rinks, in addition to new development op- portunities within the City’s rising Hudson Yards, Manhattan West, and World Trade Center communities. Through creative deal-making, complex financial engineering, and multi-party ne- gotiations, the duo arranged: a 160,000 s/f, marquee-branded NHL headquarters reloca- tion to Brookfield’s One Manhattan West with projected delivery in 2020; secured a new NHL-emblazoned public ice rink in the new development’s plaza; and set into motion a grand vision that will create a two- story, experiential NHL retail presence at the center of the ice rink with a private observa- tory deck overlooking the ice. The 2016 Robert T. Lawrence Memo- rial Award was presented to David Carlos and Ira Schuman, of Savills Studley, who orchestrated the transformative repo- sitioning of the Jewish Theological Seminary (JTS) campus in Manhattan’s Morningside Heights. Through three years of analysis, negotia- tion, and large leaps of faith, Carlos and Schuman unlocked tremendous value in the nonprofit’s 300,000 s/f of unused develop- ment rights and other off-campus properties, raising $131 million to help JTS re-imagine its campus to meet its growth, financial, and modernization needs. What started off as a capital campaign to renovate the institution’s library, evolved, by way of the brokers’ ingenuity and tenacity, into an ambitious portfolio-wide plan. The multi-tiered solution — comprised of multi-party sale and leaseback transactions with Esplanade Partners and Savanna, a never-before-achieved tax lot subdivision on land with an existing building, the actualiza- tion of existing open space to solve the site’s zoning puzzle, the expansion of the cam- pus’s green space by over 50 percent, and the simultaneous closing of contracts with necessary provisions for 543 West 122nd Street, 3060 Broadway, and 415 West 120th Street — paved the way for the construction of a new 100,000 s/f, on campus building consisting of a library, conference center, and dormitory, with millions left for the nonprofit’s endowment. Scott A. Singer and Kathleen McSharry, of The Singer & Bassuk Organization LLC, took home the 2016 Edward S. Gordon Memorial Award for refinancing the Brook- lyn Navy Yard Development Corporation’s (BNYDC) $60 million of EB-5 debt that encumbered the economics of their lease- hold interest with the City of New York for the 300-acre Brooklyn Navy Yard. With a goal of reenergizing the indus- trial park — which sits on one tax lot and is home to over 330 businesses and 7,000 employees — the team faced a unique set of challenges throughout the 16-month odys- sey, co-ordinating with numerous stakehold- ers to arrange the Navy Yard’s first conven- tional real estate mortgage loans and rework its ground leases dating back to the Mayor Ed Koch administration. The ingenious solution executed by Singer and McSharry created a sandwich/ sub-leasehold financing structure that BNY - DC will utilize for decades to come and resulted in the simultaneous closing of two loans with Symetra Life and Sterling Bank that utilized net-leased assets as collateral: a 280-megawatt power plant, large dry docks, an operational shipyard founded during the John Adams Administration, the City’s oldest distillery, the Duggal Greenhouse where the Bernie Sanders versus Hillary Clinton Democratic Primary Debate was held, and several other traditional and non-traditional assets. Among the rising stars in New York City commercial real estate, JLL’s Hayley Shoe- ner was selected as the 2016 winner of the Real Estate Board of New York’s (REBNY) Most Promising Commercial Salesperson of the Year (Rookie) Award. The annual honor was announced by the Commercial Brokerage Board of Directors at the March REBNY Members’ Luncheon held at the New York Hilton Midtown,. The event featured an interview with Nadeem Meghji, Senior Managing Director in the Real Estate Group & Head of Real Estate Americas at Blackstone, moderated by James D. Kuhn, President of Newmark Grubb Knight Frank. For the first time, the award winner was be granted a one-year term on REBNY’s Commercial Brokerage Board of Directors. Shoener also received a one-year seat on REBNY’s Board of Governors and became a lifetime member of REBNY’s Circle of Winners, which meets four times a year for a private dinner with top industry leaders. The runners up for the 2016 Most Prom- ising Commercial Salesperson of the Year Award were: Andrew Sasson of Eastern Consolidated, Christie Bennet of Newmark Grubb Knight Frank, Christine Colley of Cushman & Wakefield, Emily Jones of CBRE, and Kyle DeBussey of Colliers International. The Most Promising Commercial Sales- person of the Year (Rookie) Award recog- nizes current and potential professional achievement as well as high moral character and ethical professional behavior. Candidates for the award must: be current REBNY members with less than five years of industry experience, display leadership and team work qualities, and have made sig- nificant contributions to their firm’s success. “Hayley’s dedication to her team and clients — who speak highly of her perfor- mance, teamwork, and market knowledge — demonstrates the caliber of professionalism that our members bring to the table in their service to clients and the community,” said John Banks, REBNY President. “We commend her and JLL on this achievement and congratulate all the nomi- nees on their exceptional performance and bright futures in our industry.” “We are continually impressed with Hayley’s performance and willingness to go above and beyond for both clients and colleagues alike,” said Peter Riguardi, JLL’s President of the New York Tri-State Region. “JLL relies on her acumen and has confi- dence in her ability to represent the firm in any setting.” Shoener is an associate in JLL’s New York brokerage practice specializing in ten- ant representation and agency leasing. As an integral member of JLL’s hedge fund and boutique financial services group, she advises mature financial firms and partners with prime brokers to assist more nascent funds. Since joining JLL in 2013, Shoener has been instrumental in completing nearly one million square feet of transactions for notable clients including Saba Capital Man- agement, Canyon Capital, Suffolk Capital Management, and Noble Capital. Her tenant representation work also spans a broad range of businesses including sev- eral of JLL’s largest corporate clients such as Discovery Communications, and State Street Bank. In addition to her tenant representation work, Shoener currently represents 3.4 mil- lion square feet of office space in Manhattan including the agency leasing assignment for 437 Madison Avenue. HAYLEY SHOENER
Transcript of Wednesday anuary 17, 2018 122 REBNY applauds Most Ingenious … · 2020-07-08 · by James D. Kuhn,...
C18 Wednesday, January 17, 2018 122nd reBny Banquet
JLL’s Hayley Shoener named year’s Most Promising Salesperson
REBNY applauds Most Ingenious Dealmakers of the Year The head-to-head competition among
New York City commercial real estate pro-fessionals for the Real Estate Board of New York’s (REBNY) 2016 Sales Brokers Most Ingenious Deal of the Year Awards culmi-nated at the Sales Brokers Committee’s 73rd Annual Cocktail Party held at Club 101 in April, 2017.
The 2016 winners were: Michael Laginestra and Michael
Geoghegan, of CBRE, Inc., who were honored with the first prize Henry Hart Rice Achievement Award for “A Hat Trick for the NHL: New Headquarters, Experiential Re-tail and a Hockey Rink at Manhattan West” at 1 Manhattan West in Manhattan
David Carlos and Ira Schuman, of Savills Studley, Inc., who won the second prize Robert T. Lawrence Memorial Award for “Repositioning Real Estate or Reimagin-ing the Promise Land? How Savills Studley Helped Jewish Theological Seminary Trans-form Its Campus for the 21st Century” at 543 West 122nd Street, 3060 Broadway, and 415 West 120th Street in Manhattan
Scott A. Singer and Kathleen McShar-ry, of The Singer & Bassuk Organization LLC, who took home the third prize Edward S. Gordon Memorial Award for “It’s Not Just a Job, It’s An Adventure” at the Brook-lyn Navy Yard in Brooklyn
“The award winners delivered solutions that exceeded their clients’ expectations,” said REBNY President John Banks.
“Their commitment to go above and be-yond to achieve results that are economical-ly beneficial to the City and its institutions, residents, and visitors demonstrates the high level of professionalism and expertise that sets REBNY members apart.”
The trifecta “Hat Trick” deal scored by CBRE’s Michael Laginestra and Michael Geoghegan for the National Hockey League (NHL) on Manhattan’s West Side claimed the 2016 Henry Hart Rice Achievement Award. As the league celebrates its 100th anniversary this year, the brokers’ game-changing negotiations last year, driven by the duo’s professionalism, ingenuity, and passion for sports, exceeded the NHL’s ex-pectations that initiated with a much simpler request: to improve the day-to-day opera-tions of their current headquarters.
Laginestra and Geoghegan overcame intricate challenges in their extensive search for potential options.
They explored renovating the NHL’s current headquarters, other available office
The 2016 winners and judges of the REBNY Sales Brokers Most Ingenious Deal of the Year Awards (pictured from left to right): Joseph Tufariello, Wells Fargo Bank; Steve Alden, Debevoise & Plimpton LLP; Ira Schuman and David Carlos of Savills Studley, Inc.; Michael Geoghegan, CBRE, Inc.; Woody Heller, Savills Studley, Inc., Chair of REBNY’s Sales Brokers Committee; Michael Laginestra, Savills Studley, Inc.; Scott A. Singer and Kathleen McSharry, The Singer & Bassuk Organization LLC; David Robinov, The Ackman-Ziff Real Estate Group
space and collaborating with established ice rinks, in addition to new development op-portunities within the City’s rising Hudson Yards, Manhattan West, and World Trade Center communities.
Through creative deal-making, complex financial engineering, and multi-party ne-gotiations, the duo arranged: a 160,000 s/f, marquee-branded NHL headquarters reloca-tion to Brookfield’s One Manhattan West with projected delivery in 2020; secured a new NHL-emblazoned public ice rink in the new development’s plaza; and set into motion a grand vision that will create a two-story, experiential NHL retail presence at the center of the ice rink with a private observa-tory deck overlooking the ice.
The 2016 Robert T. Lawrence Memo-rial Award was presented to David Carlos and Ira Schuman, of Savills Studley, who orchestrated the transformative repo-sitioning of the Jewish Theological Seminary (JTS) campus in Manhattan’s
Morningside Heights. Through three years of analysis, negotia-
tion, and large leaps of faith, Carlos and Schuman unlocked tremendous value in the nonprofit’s 300,000 s/f of unused develop-ment rights and other off-campus properties, raising $131 million to help JTS re-imagine its campus to meet its growth, financial, and modernization needs.
What started off as a capital campaign to renovate the institution’s library, evolved, by way of the brokers’ ingenuity and tenacity, into an ambitious portfolio-wide plan.
The multi-tiered solution — comprised of multi-party sale and leaseback transactions with Esplanade Partners and Savanna, a never-before-achieved tax lot subdivision on land with an existing building, the actualiza-tion of existing open space to solve the site’s zoning puzzle, the expansion of the cam-pus’s green space by over 50 percent, and the simultaneous closing of contracts with necessary provisions for 543 West 122nd Street, 3060 Broadway, and 415 West 120th Street — paved the way for the construction of a new 100,000 s/f, on campus building consisting of a library, conference center, and dormitory, with millions left for the nonprofit’s endowment.
Scott A. Singer and Kathleen McSharry, of The Singer & Bassuk Organization LLC,
took home the 2016 Edward S. Gordon Memorial Award for refinancing the Brook-lyn Navy Yard Development Corporation’s (BNYDC) $60 million of EB-5 debt that encumbered the economics of their lease-hold interest with the City of New York for the 300-acre Brooklyn Navy Yard.
With a goal of reenergizing the indus-trial park — which sits on one tax lot and is home to over 330 businesses and 7,000 employees — the team faced a unique set of challenges throughout the 16-month odys-sey, co-ordinating with numerous stakehold-ers to arrange the Navy Yard’s first conven-tional real estate mortgage loans and rework its ground leases dating back to the Mayor Ed Koch administration.
The ingenious solution executed by Singer and McSharry created a sandwich/sub-leasehold financing structure that BNY-DC will utilize for decades to come and resulted in the simultaneous closing of two loans with Symetra Life and Sterling Bank that utilized net-leased assets as collateral: a 280-megawatt power plant, large dry docks, an operational shipyard founded during the John Adams Administration, the City’s oldest distillery, the Duggal Greenhouse where the Bernie Sanders versus Hillary Clinton Democratic Primary Debate was held, and several other traditional and non-traditional assets.
Among the rising stars in New York City commercial real estate, JLL’s Hayley Shoe-ner was selected as the 2016 winner of the Real Estate Board of New York’s (REBNY) Most Promising Commercial Salesperson of the Year (Rookie) Award. The annual honor was announced by the Commercial Brokerage Board of Directors at the March REBNY Members’ Luncheon held at the New York Hilton Midtown,.
The event featured an interview with Nadeem Meghji, Senior Managing Director in the Real Estate Group & Head of Real Estate Americas at Blackstone, moderated by James D. Kuhn, President of Newmark Grubb Knight Frank.
For the first time, the award winner was be granted a one-year term on REBNY’s Commercial Brokerage Board of Directors.
Shoener also received a one-year seat on REBNY’s Board of Governors and became a lifetime member of REBNY’s Circle of Winners, which meets four times a year for a private dinner with top industry leaders.
The runners up for the 2016 Most Prom-ising Commercial Salesperson of the Year Award were: Andrew Sasson of Eastern Consolidated, Christie Bennet of Newmark Grubb Knight Frank, Christine Colley of Cushman & Wakefield, Emily Jones of CBRE, and Kyle DeBussey of Colliers International.
The Most Promising Commercial Sales-person of the Year (Rookie) Award recog-nizes current and potential professional achievement as well as high moral character and ethical professional behavior.
Candidates for the award must: be current REBNY members with less than five years of industry experience, display leadership and team work qualities, and have made sig-nificant contributions to their firm’s success.
“Hayley’s dedication to her team and clients — who speak highly of her perfor-mance, teamwork, and market knowledge — demonstrates the caliber of professionalism that our members bring to the table in their service to clients and the community,” said John Banks, REBNY President.
“We commend her and JLL on this achievement and congratulate all the nomi-nees on their exceptional performance and
bright futures in our industry.” “We are continually impressed with
Hayley’s performance and willingness to go above and beyond for both clients and colleagues alike,” said Peter Riguardi, JLL’s President of the New York Tri-State Region.
“JLL relies on her acumen and has confi-dence in her ability to represent the firm in any setting.”
Shoener is an associate in JLL’s New York brokerage practice specializing in ten-ant representation and agency leasing.
As an integral member of JLL’s hedge fund and boutique financial services group, she advises mature financial firms and partners with prime brokers to assist more nascent funds.
Since joining JLL in 2013, Shoener has been instrumental in completing nearly one million square feet of transactions for notable clients including Saba Capital Man-agement, Canyon Capital, Suffolk Capital Management, and Noble Capital.
Her tenant representation work also spans a broad range of businesses including sev-eral of JLL’s largest corporate clients such as Discovery Communications, and State Street Bank.
In addition to her tenant representation work, Shoener currently represents 3.4 mil-lion square feet of office space in Manhattan including the agency leasing assignment for 437 Madison Avenue.
HAYLEY SHOENER
