Slideshow: Industry Titans Honor 2016’s Most Powerful at Park Hyatt New York
Rheaa Rao June 16, 2016, 6:10 p.m.
Last night, the Onyx Room of One57’s Park Hyatt New York was packed with a who’s who of New York City real estate celebrating Commercial Observer’s Power 100 (the annual New York City ranking of real estate’s most influential people) and Power 50 (a national list of the top lenders and debt brokers in the real estate industry).
Extell Development Company’s Gary Barnett (who erected One57 on Billionaire’s Row), Rudin Management Company’s William Rudin, Silverstein Properties’ Larry Silverstein and Wharton Property’s Jeff Sutton were some of the big-named landlords who circulated the room. On the lending side, Starwood Capital Group’s Jeffrey DiModica was seen holding court in the middle of the room while Citigroup’s Paul Vanderslice and Joseph Dyckman chatted with Wells Fargo’s Kara McShane.
Leslie Himmel and Stephen Meringoff of Himmel+Meringoff Properties, an event sponsor which hosted a martini bar for the festivities, chatted with Marc Holliday of SL Green Realty Corp. as the evening was winding down. The event was sponsored by Chase, Polsinelli, Savills Studley, 32BJ SEIU, Berdon and Park Hyatt New York.
“It has been really special for me to bring a bit of me into Brooklyn where my mom and my family were raised,” Demby said in an acceptance speech. “We’ve built a community there of vendors and small businesses, helping them grow and giving them a platform to do so.”
Demby said the duo was headed to Los Angeles in advance of Sunday’s opening of Smorgasburg LA.
“The amazing thing that has happened in the last 10 years is the extent to which developers understand that sticking in the high-paying Duane Reade isn’t the answer and isn’t necessarily the way to maximize their return,” Butler added. “We’ve worked very closely with a number of these developers.”
Design of the Year went to Santiago Calatrava and the Port Authority of New York & New Jersey for the World Trade Center PATH station, dubbed the Oculus. The architect, who was traveling and couldn’t attend, sent his son, Rafael Calatrava (who works for Boies, Schiller & Flexner), to accept the award on his behalf.
“We’re all proud to be a part of a community that values idealism, perseverance and innovation in its public architecture,” Calatrava said.
The Deal of the Year award was given to Wells Fargo Multifamily Capital’s Alan Wiener, Eastdil Secured’s Douglas Harmon and Adam Spies (Wells Fargo owns Eastdil), and Blackstone Group’s Nadeem Meghji for the private equity firm’s $5.45 billion acquisition of Stuyvesant Town-Peter Cooper Village. Blackstone’s purchase, which closed in December 2015, was one of the largest real estate transactions in United States history, and ensured that 5,000 of the more than 11,233 units would remain affordable over the next few decades.
“As part of our acquisition of the property, we reached a historic agreement with the City of New York to preserve the heritage of Stuyvesant Town and to ensure that it remains a bastion for middle-class housing in New York City for decades to come,” Meghji said.
The Onyx Room at One 57 (Photo: Jimi Celeste/PMC).
Stephen Ross of Related Companies, left, and Peter D'arcy of M&T Bank (Photo: Jimi Celeste/PMC).
James Carpenter of New York Community Bank (Photo: Jimi Celeste/PMC).
Alan Wiener of Wells Fargo Multifamily Capital Group accepts the Deal of the Year award (Photo: Jimi Celeste/PMC).
Will Oehler, left, and Chad Tredway of J.P. Morgan Chase (Photo: Jimi Celeste/PMC).
Asher Abehsera of LIVWRK, left, and Morris Adjmi of Morris Adjmi Architects (Photo by Jimi Celeste/PMC).
Howard Lorber of Douglas Elliman (Photo: Jimi Celeste/PMC).
Robert Liner of Stark Amron & Liner (Photo: Jimi Celeste/PMC).
Jeffrey DiModica of Starwood Capital Group (Photo: Jimi Celeste/PMC).
Helen Hwang of Meridian Investment Sales and Jonathan Stern of Meridian Capital Group (Photo: Lauren Elkies Schram/Commercial Observer).
Steven Kaufman of Kaufman Organization (Photo: Lauren Elkies Schram/Commercial Observer).
Winston Fisher of Fisher Brothers (Photo: Jimi Celeste/PMC).
David Firestein and Jacqueline Klinger of SCG Retail.
Jonathan Mechanic of Fried, Frank, Harris, Shriver & Jacobson, left, and Tommy Craig of Hines (Photo: Jimi Celeste/PMC).
Gary Jacobs of Glenwood Management Company, left, and Robert K. Futterman of RKF.
Arash Gohari of WeWork (Photo: Jimi Celeste/PMC).
Gino Martocci of M&T Bank, left, and Francis Greenburger of Time Equities (Photo: Jimi Celeste/PMC).
Michael Horodniceanu of MTA Capital Construction (Photo: Jimi Celeste/PMC).
Joseph Cayre of Midtown Equities (Photo: Lauren Elkies Schram/Commercial Observer).
Ronnie Levine of Meridian Capital Group, left, and Joseph Dyckman of Citigroup (Photo: Jimi Celeste/PMC).
Buildings in this story
Organizations in this story
People in this story
- Alan Wiener
- Adam Spies
- Douglas Harmon
- Gary Barnett
- Wells Fargo Multifamily Capital
- Extell Development Company
- Marc Holliday
- Power 50
- Santiago Calatrava
- Berdon LLP
- World Trade Center PATH
- Eric Demby
- Leslie Wohlman Himmel
- Stephen Meringoff
- power 100
- Wharton Properties
- Park Hyatt New York
- Starwood Captial Group
- Stuyvesant Town-Peter Cooper Village
- Alan Weiner
- Port Authority of New York & New Jersey
- William Rudin
- SL Green Realty Corp.
- Blackstone Group
- Paul Vanderslice
- Jeff Sutton
- Jonathan Butler
- Savills Studley
- 32BJ SEIU
- Rudin Management Company
- Himmel+Meringoff Properties