Over the last few decades New Yorkers trekked to the west side of Manhattan to visit “Auto Row,” where auto dealerships such as Jaguar, BMW, Jeep, Honda and most other brands occupy large showrooms and even larger garages to house inventory. Alas, you may need to journey across the Hudson River to shop for those new wheels because west side Auto Row real estate is being gobbled up by the likes of billionaire Will Ackman, who just plunked down $225 million for one such property and are going to develop an upscale and a bit funky office project, and his hedge fund Pershing Square Capital Management reportedly will occupy the penthouse. What is interesting about this conversion is that showrooms enjoy one acre landscapes and few columns that allow creative and “today” office and mixed-use designs. I found this trend interesting because it dramatically highlights how urban regeneration is reviving and revitalizing every square inch of the urban landscape. When all of these dealerships go out of service where will we get the maintenance check-up and lube job? |

JOB LISTINGS

Sponsored Jobs: JONES LANG LASALLE Associate, Real Estate Investment Banking (REIB) Associate will act as the relationship manager for debt and equity capital relationships; lead production support and execution team; write memorandums and proposals for new or existing assignments; and gather economic, demographic and real estate market data for input into project specific deliverables. (Sponsored Job) TALSON SOLUTIONS, LLC Project Manager Project Manager will provide management support for Liberty Property Trust at the new 59-story, 1.8 million SF Comcast Innovation and Technology Center focus on Concourse Renovations and Retail Store construction located at 1800 Arch Street in Center City Philadelphia. (Sponsored Job) MANDELBAUM & MANDELBAUM Senior Property Manager Duties include resolving tenant complaints; bidding annual service contracts; developing relationships with suppliers, vendors, contractors, tenants, and company; and preparing move-in and move-out reports. (Sponsored Job) CCMC Community Manager Manager will be responsible for all three entities of Vizcaya; Traditions, Heritage, and the Maintenance Association which connects the two. This includes: all daily business operations and management direction of Vizcaya, as required in the governing documents. (Sponsored Job) CITY OF NEW YORK Deputy Commissioner/Chief Operating Officer Position will oversee all operations of the five Parks Borough Commissioners and the Assistant Commissioner for Citywide Services. Position will create flexible and adaptable strategies for each of these operations, and provide programmatic leadership and input for all strategic plan implementation processes. WALTON Vice President, Real Estate Acquisition South The Vice President, Real Estate Acquisition and Disposition will be responsible for researching, targeting, and negotiating the acquisition of assets for Walton in the South Region. EQUITY RESIDENTIAL General Manager Manager of the 758-unit community will lead the sales team, monitor market conditions, control budget/expenses, attract residents and retain them through superior customer service. CARMEL PARTNERS Director of Design Construction Position will assist Construction and Development in ensuring the efficient execution of projects by providing design guidance and assisting in oversight of design consultants. Over the last few decades New Yorkers trekked to the west side of Manhattan to visit “Auto Row,” where auto dealerships such as Jaguar, BMW, Jeep, Honda and most other brands occupy large showrooms and even larger garages to house inventory. Alas, you may need to journey across the Hudson River to shop for those new wheels because west side Auto Row real estate is being gobbled up by the likes of billionaire Will Ackman, who just plunked down $225 million for one such property and are going to develop an upscale and a bit funky office project, and his hedge fund Pershing Square Capital Management reportedly will occupy the penthouse. What is interesting about this conversion is that showrooms enjoy one acre landscapes and few columns that allow creative and “today” office and mixed-use designs. I found this trend interesting because it dramatically highlights how urban regeneration is reviving and revitalizing every square inch of the urban landscape. When all of these dealerships go out of service where will we get the maintenance check-up and lube job? |

JOB LISTINGS

Sponsored Jobs: JONES LANG LASALLE Associate, Real Estate Investment Banking (REIB) Associate will act as the relationship manager for debt and equity capital relationships; lead production support and execution team; write memorandums and proposals for new or existing assignments; and gather economic, demographic and real estate market data for input into project specific deliverables. (Sponsored Job) TALSON SOLUTIONS, LLC Project Manager Project Manager will provide management support for Liberty Property Trust at the new 59-story, 1.8 million SF Comcast Innovation and Technology Center focus on Concourse Renovations and Retail Store construction located at 1800 Arch Street in Center City Philadelphia. (Sponsored Job) MANDELBAUM & MANDELBAUM Senior Property Manager Duties include resolving tenant complaints; bidding annual service contracts; developing relationships with suppliers, vendors, contractors, tenants, and company; and preparing move-in and move-out reports. (Sponsored Job) CCMC Community Manager Manager will be responsible for all three entities of Vizcaya; Traditions, Heritage, and the Maintenance Association which connects the two. This includes: all daily business operations and management direction of Vizcaya, as required in the governing documents. (Sponsored Job) CITY OF NEW YORK Deputy Commissioner/Chief Operating Officer NEW YORK Position will oversee all operations of the five Parks Borough Commissioners and the Assistant Commissioner for Citywide Services. Position will create flexible and adaptable strategies for each of these operations, and provide programmatic leadership and input for all strategic plan implementation processes. WALTON Vice President, Real Estate Acquisition South The Vice President, Real Estate Acquisition and Disposition will be responsible for researching, targeting, and negotiating the acquisition of assets for Walton in the South Region. EQUITY RESIDENTIAL General Manager Manager of the 758-unit community will lead the sales team, monitor market conditions, control budget/expenses, attract residents and retain them through superior customer service. CARMEL PARTNERS Director of Design Construction Position will assist Construction and Development in ensuring the efficient execution of projects by providing design guidance and assisting in oversight of design consultants.