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10 New York Names to Watch

A Single-Sector Expert Diversifies

Founded in 1982 as the second-ever commercial leasing firm solely focused on retail, Winick Realty Group has branched out from leasing— and retail—for the first time. In July, Winick said it had hired David Workman, formerly executive managing director of Savitt Partners, to lead a team that will handle investment sales, office leasing, 1031 exchanges, land sales and a host of other commercial real estate services on a local, national and international basis. Company founder Jeff Winick has been “diversifying the service lines, and they have a stellar reputation in retail,” Workman says. The company is “leveraging amazing relationships” that it has established with clients for which it has done numerous multiple deals. “They really know their stuff. Their platform is about detail orientation: knowing your product, knowing your market and knowing how to put them together.” One result of the relationships that the Winick Realty team has cultivated is the number of off market transactions Workman and his team have handled, whether through assignments brought to them by clients or solutions the team has devised. Workman also cites the analytics and data efforts spearhead by EVP Kenneth Hochhauser as a factor in expanding the 35-year-old firm’s existing service lines.

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real estate forum_september 2017_10 New York Names to Watch

Winick Realty Group is one of New York’s prominent real estate firms specializing in retail leasing and advisory services.  Over the years, Winick Realty has served a broad range of domestic and global clients, with a strong emphasis on long-term representation and expansion and growth strategies.  Winick Realty Group is highly recognized as a forerunner in the retail real estate market.

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Winick Realty Group Expands Commercial RE Efforts with Addition of Investment Sales & Commercial Leasing Division

david-workman-print-ver-profile-001Winick Realty Group, founded in 1982 as the second-ever commercial leasing firm solely focused on retail, has announced an expansion of its commercial real estate efforts for the first time in its 35-year history.

The firm has hired David Workman, formerly Executive Managing Director of Savitt Partners, to lead a team of brokers who will handle investment sales, office leasing, 1031 exchanges, land sales and a host of other commercial real estate services on a local, national and international basis. The new investment sales and commercial division will leverage Winick’s existing retail relationships, as well as harness the incredible analytics and data efforts led by Executive Vice President Kenneth Hochhauser, in order to bring new, expanded levels of service to the Winick Realty Group brand.

“Our vision is to expand upon and establish even more resources, such as investment, acquisitions, dispositions and commercial leasing, within the array of services this iconic firm already provides,” said Workman. “For more than three decades, they have specialized in retail leasing and now, with this new department, landlords and tenants alike can also take advantage of an expertise in all aspects of commercial real estate in both the leasing and sales arenas. We are excited to add additional services for the company to offer their clients.”

Workman comes to Winick Realty Group with more than 30 years of experience, during which time he has been involved in investment sales and leasing transactions valued over $1 billion. His career has run the gamut from commercial leasing to investment sales to the sale of land and air rights.

Over the course of his career, Workman executed multiple 1031 exchanges in New Jersey, Florida and New York, among others. Workman acted as buyer broker for a foreign investment group in the acquisition of two off-market downtown office buildings at 67 Broad Street (now 75 Broad Street) and 39 Broadway, totaling approximately 1.2 million square feet. He sold seven supermarkets and five CVS locations totaling approximately 400,000 square feet in Georgia, South Carolina and North Carolina to The Rosen Organization, as well as 1,000 acres of land at the Tennanah Lake Golf & Tennis Club in Roscoe, NY to one of the largest landlords in Palm Beach. Workman represented Pace University in the off-market acquisition of 100,000 square feet at 106 Fulton Street; sold more than 100,000 square feet of air rights at 310 West 52nd Street to Sant Chatwal, the developer of the Dream Hotel; and oversaw the marketing and eventual sale of 80-90 Livingston Street, a multi-use building comprised of existing retail and residential units with development rights in Brooklyn.

On the commercial leasing side, Workman has successfully completed commercial leasing efforts on behalf of Wilhelmina Models, Fiduciary Trust, First Investors, Metromedia, Masco Corporation, Met Life, Zurich Reinsurance and many others. Coincidentally, the only retail deal Workman has ever completed was with Winick Realty Group, having worked with Executive Vice President Darrell Rubens a decade ago to lease more than 23,000 square feet to Gold’s Gym at 90 John Street.

Workman leads a team that includes new hires Elana Tsyganko and Max Kostikov, both of whom come to Winick with more than six years of commercial leasing and sales experience, as well as salesperson Matthew Schwartz. Derek Weinberger, who has been an Investment Sales Associate at Winick Realty Group since 2015, where he focuses on properties in New York City and Long Island, will now be working with Workman as well. The team brings together years of experience in real estate investment and deal structuring and they are poised to take on any job required to give their clients the insight and expertise they need.

“I am honored to join Winick Realty Group in this effort and I am heartened to know that I have their full support,” said Workman. “I like the fact that CEO Jeff Winick and President Steven Baker, along with all of the partners here at Winick Realty Group, believe in what we are doing and they are completely behind us. One of the most attractive things about this new venture is being able to have the support of a cutting-edge, market-savvy team. Given the immediate reaction of the entire Winick organization in bringing their potential business opportunities and relationships, we expect to be very busy.”

“It is a pleasure to welcome David Workman and our entire new commercial leasing and investment sales team as they lead Winick Realty Group into its next chapter,” said Steven E. Baker, President of Winick Realty Group. “We look forward to being able to offer our clients a full range of commercial leasing and investment sales services and I am confident we have the right team in place to make this new division a great success.”

For more, download the full article in PDF

mann newswire-072417-Winick Realty Group Expands Commercial RE Efforts with Addition of Investment Sales & Commercial Leasing Division

Winick Realty Group is one of New York’s prominent real estate firms specializing in retail leasing and advisory services.  Over the years, Winick Realty has served a broad range of domestic and global clients, with a strong emphasis on long-term representation and expansion and growth strategies.  Winick Realty Group is highly recognized as a forerunner in the retail real estate market.

Real Estate Weekly

Savitt Partners exec David Workman moving to Winick Realty Group

david-workman-print-ver-profile-001Commercial real estate veteran David Workman has joined Winick Realty Group to lead the retail specialist’s entry to the wider commercial arena.

Workman, formerly executive managing director of Savitt Partners, will lead a team of brokers handling investment sales, office leasing, 1031 exchanges, land sales and other commercial real estate services on a local, national and international basis.

The new investment sales and commercial division will leverage Winick’s existing retail relationships, as well as harness the analytics and data efforts led by executive vice president Kenneth Hochhauser, in order to bring new, expanded levels of service to the Winick Realty Group brand.

“Our vision is to expand upon and establish even more resources, such as investment, acquisitions, dispositions and commercial leasing, within the array of services this iconic firm already provides,” said Workman.

“For more than three decades, they have specialized in retail leasing and now, with this new department, landlords and tenants alike can also take advantage of an expertise in all aspects of commercial real estate in both the leasing and sales arenas.”

Workman has been involved in over $1 billion in deals during his 30 years in the business. He represented Pace University when it bought 100,000 s/f at 106 Fulton Street and sold more than 100,000 s/f of air rights at 310 West 52nd Street to Sant Chatwal, the developer of the Dream Hotel; hehas completed leasing assignments for companies ranging from Wilhelmina Models to Zurich Reinsurance; and carried out hundreds of 1031 exchanges.

Workman’s team includes new hires Elana Tsyganko and Max Kostikov, both of whom come to Winick with more than six years of commercial leasing and sales experience, as well as salesperson Matthew Schwartz. Derek Weinberger, who has been an investment sales associate at Winick Realty since 2015, will also be working with Workman.

“It is a pleasure to welcome David Workman and our entire new commercial leasing and investment sales team as they lead Winick Realty Group into its next chapter,” said Steven E. Baker, president of Winick Realty Group.

“We look forward to being able to offer our clients a full range of commercial leasing and investment sales services and I am confident we have the right team in place to make this new division a great success.”

For more, download the full article in PDF

rew_071917_Savitt Partners exec David Workman moving to Winick Realty Group

Winick Realty Group is one of New York’s prominent real estate firms specializing in retail leasing and advisory services.  Over the years, Winick Realty has served a broad range of domestic and global clients, with a strong emphasis on long-term representation and expansion and growth strategies.  Winick Realty Group is highly recognized as a forerunner in the retail real estate market.

Citybizlist

Winick Realty Group Expands Its Commercial Real Estate Efforts With Addition of Investment Sales and Commercial Leasing Division

elana-tsyganko-print-ver-profile-001Winick Realty Group, founded in 1982 as the second-ever commercial leasing firm solely focused on retail, has announced an expansion of its commercial real estate efforts for the first time in its 35-year history.

The firm has hired David Workman, formerly Executive Managing Director of Savitt Partners, to lead a team of brokers who will handle investment sales, office leasing, 1031 exchanges, land sales and a host of other commercial real estate services on a local, national and international basis. The new investment sales and commercial division will leverage Winick’s existing retail relationships, as well as harness the incredible analytics and data efforts led by Executive Vice President Kenneth Hochhauser, in order to bring new, expanded levels of service to the Winick Realty Group brand.

“Our vision is to expand upon and establish even more resources, such as investment, acquisitions, dispositions and commercial leasing, within the array of services this iconic firm already provides,” said Workman. “For more than three decades, they have specialized in retail leasing and now, with this new department, landlords and tenants alike can also take advantage of an expertise in all aspects of commercial real estate in both the leasing and sales arenas. We are excited to add additional services for the company to offer their clients.”

Workman comes to Winick Realty Group with more than 30 years of experience, during which time he has been involved in investment sales and leasing transactions valued over $1 billion. His career has run the gamut from commercial leasing to investment sales to the sale of land and air rights. Over the course of his career, Workman executed multiple 1031 exchanges in New Jersey, Florida and New York, among others. Workman acted as buyer broker for a foreign investment group in the acquisition of two off-market downtown office buildings at 67 Broad Street (now 75 Broad Street) and 39 Broadway, totaling approximately 1.2 million square feet. He sold seven supermarkets and five CVS locations totaling approximately 400,000 square feet in Georgia, South Carolina and North Carolina to The Rosen Organization, as well as 1,000 acres of land at the Tennanah Lake Golf & Tennis Club in Roscoe, NY to one of the largest landlords in Palm Beach. Workman represented Pace University in the off-market acquisition of 100,000 square feet at 106 Fulton Street; sold more than 100,000 square feet of air rights at 310 West 52nd Street to Sant Chatwal, the developer of the Dream Hotel; and oversaw the marketing and eventual sale of 80-90 Livingston Street, a multi-use building comprised of existing retail and residential units with development rights in Brooklyn.

On the commercial leasing side, Workman has successfully completed commercial leasing efforts on behalf of Wilhelmina Models, Fiduciary Trust, First Investors, Metromedia, Masco Corporation, Met Life, Zurich Reinsurance and many others. Coincidentally, the only retail deal Workman has ever completed was with Winick Realty Group, having worked with Executive Vice President Darrell Rubens a decade ago to lease more than 23,000 square feet to Gold’s Gym at 90 John Street.

“I was incredibly impressed with Darrell and Winick Realty Group at the time and now, ten years later, joining Winick Realty Group myself, I feel that things have really come full circle,” said Workman. “It’s a sign that this partnership was meant to be.”

Workman leads a team that includes new hires Elana Tsyganko and Max Kostikov, both of whom come to Winick with more than six years of commercial leasing and sales experience, as well as salesperson Matthew Schwartz. Derek Weinberger, who has been an Investment Sales Associate at Winick Realty Group since 2015, where he focuses on properties in New York City and Long Island, will now be working with Workman as well. The team brings together years of experience in real estate investment and deal structuring and they are poised to take on any job required to give their clients the insight and expertise they need.

“I am honored to join Winick Realty Group in this effort and I am heartened to know that I have their full support,” said Workman. “I like the fact that CEO Jeff Winick and President Steven Baker, along with all of the partners here at Winick Realty Group, believe in what we are doing and they are completely behind us. One of the most attractive things about this new venture is being able to have the support of a cutting-edge, market-savvy team. Given the immediate reaction of the entire Winick organization in bringing their potential business opportunities and relationships, we expect to be very busy.”

“It is a pleasure to welcome David Workman and our entire new commercial leasing and investment sales team as they lead Winick Realty Group into its next chapter,” said Steven E. Baker, President of Winick Realty Group. “We look forward to being able to offer our clients a full range of commercial leasing and investment sales services and I am confident we have the right team in place to make this new division a great success.”

For more, download the full article in PDF

citybiz-071717-Winick Realty Group Expands Its Commercial Real Estate Efforts With Addition of Investment Sales and Commercial Leasing Division

Winick Realty Group is one of New York’s prominent real estate firms specializing in retail leasing and advisory services.  Over the years, Winick Realty has served a broad range of domestic and global clients, with a strong emphasis on long-term representation and expansion and growth strategies.  Winick Realty Group is highly recognized as a forerunner in the retail real estate market.

real deal logo

Winick branches out in South Florida

triptych-design-district-aaron-butler-jeff-winick-kenneth-hochhauserWinick Realty Group, one of Manhattan’s Top 5 retail brokerages, is expanding outside the tri-state area for the first time.

The retail specialist has entered into a partnership with seven-year-old Miami Beach brokerage Avenue Real Estate Partners to team up on exclusives in the South Florida market.

Winick Executive Vice President Kenneth Hochhauser, who will be spearheading the Miami initiative alongside company founder Jeff Winick, said the move south made sense as the company’s northeast clients become more active in South Florida.

“Our clients have been pushing us as some of the investment flows from New York to Miami,” he said.

Richard Wagman’s Madison Capital, for example, paid $57.3 million in October to buy South Beach’s Boulan building, and the Chetrit Group is active with projects like its massive Miami River development, which will include nearly 1,700 residential units, 330 hotel rooms and 266,000 square feet of office and retail space built in five phases.

Winick and Avenue will be teaming up to market the 40,000 square feet of retail at Madison Capital’s 2000 Collins Avenue, and 100,000 square feet of retail and office space at Venezuelan developer HES Group’s 530,000-square-foot Triptych Miami Design District mixed-use project.

“These aren’t just local properties, which is great,” said Avenue president Aaron Butler.

Avenue is headquartered on Miami’s trendy pedestrian-shopping boulevard Lincoln Road, where rents have begun to cool following a surge in investment and high-profile projects. The firm is handling leasing at New York-based TriStar Capital’s 800 Lincoln Road, which is being redeveloped with three stories, 8,400 square indoors and an 1,800-square-foot rooftop terrace; as well as TriStar’s leased 500 Lincoln Road, adjacent to the Miami Beach Community Church. That property will have 15,236 square feet and is expected to be completed in 2018.

Hochhauser declined to comment on the financial details of the arrangement, but said that the deal “motivates both sides.”

Winick ranked No. 5 among Manhattan’s top retail brokerages with 293,282 square feet of closed deals in the past year, according to a recent ranking by The Real Deal.

For more, download the full article in PDF

the-real-deal_120716_winick-branches-out-in-south-florida

Winick Realty Group is one of New York’s prominent real estate firms specializing in retail leasing and advisory services.  Over the years, Winick Realty has served a broad range of domestic and global clients, with a strong emphasis on long-term representation and expansion and growth strategies.  Winick Realty Group is highly recognized as a forerunner in the retail real estate market.

Real Estate Weekly

Hudson Market to open at Helena 57 West in early 2017

helena-57The Durst Organization announced that Hudson Market signed a 15-year lease for 9,889 s/f on the ground and lower levels of the Helena 57 West, a 597-unit residential tower at 601 West 57th Street.

Scheduled to open in early 2017, Hudson Market is a farm to table market and specialty grocer. Indoor and outdoor seating will be available to customers.

This will be Hudson Market’s second location in New York City.

Last month, Durst announced Landmark Theaters will be opening at companyʼs VIA 57 West, the anchor building of the 57 West residential superblock, which also includes Helena 57 West and Frank 57 West.

“We are thrilled to welcome Hudson Market to the 57 West campus,” said Helena Durst, Chief Administrative officer of The Durst Organization.

“It is important for us to have retail options that are an amenity to the tenants. With the addition of Hudson Market, we are able to offer our tenants on the 57 West campus and surrounding neighborhood an elegant high-end café and market.”

Hudson Market was represented by Managing Principal Cosmo Montemurro of Murro Realty. The Durst Organization was represented by President Steven E. Baker and Executive Vice President Kenneth Hochhauser of Winick Realty Group and in-house by Leasing Manager Ashley Gee.

Hudson Market was conceived as a community marketplace which brings busy urban dwellers back in touch with the food they eat.

Partnering with local farms and artisanal food producers, Hudson Market showcase their products and craft and celebrates sustainability, simplicity, authenticity, and commitment to quality.

The Durst Organization is recognized as a world leader in the development of high-performance and environmentally advanced commercial and residential buildings.

For more, download the full article in PDF

rew_092816_hudson-market-to-open-at-helena-57-west-in-early-2017

Winick Realty Group is one of New York’s prominent real estate firms specializing in retail leasing and advisory services.  Over the years, Winick Realty has served a broad range of domestic and global clients, with a strong emphasis on long-term representation and expansion and growth strategies.  Winick Realty Group is highly recognized as a forerunner in the retail real estate market.