NEW YORK CITY-A man called “the dean of property management in New York” was honored at REBNY’s first annual awards Tuesday. Edward A. Riguardi, who has more than 40 years of experience in the New York real estate industry, received the Management Leadership Award. Riguardi serves as VP of REBNY’s management division and managing director of Jones Lang LaSalle.
“He has raised the reputation of the real estate industry,” said REBNY’s Steven Spinola. “And he’s the nicest guy in real estate. He never says ‘no’ to offering advice.”
Valerie Coleman of Insignia/ESG Inc., who oversees one and a half million sf of property, was named On-Site Manager of the Year. Jones Lang LaSalle’s Brendan Connolly was named Portfolio Manager of the Year. A VP at JLL, he oversees 5.4 million sf for Goldman Sachs and another 1.4 million sf in South America.
The John M. Griffin Community Service Award, named for the director of operations for the World Trade Center who was co-founder of the Torch Foundation, went to Michael L. Norton of Tishman Speyer Properties. Norton organized a holiday toy drive for the Queens Child Guidance Center where more than 2,000 toys were collected from six or seven buildings. According to representatives from the QCGC, this went “beyond their wildest dreams.” He also organized a day at the Rockefeller skating rink.
Guest Speaker deputy mayor Daniel Doctoroff noted that New York City offers a unique value proposition with unique assets that no other city possesses.
“It’s innovate, stylish, different,” he said. “It’s the place for the talented, ambitious and the dreamers.” He spoke of the city’s efforts to actively market itself internationally, noting that “road show” presentations were held in London in March and more recently in Spain. He also noted efforts to revitalize properties in all five boroughs to attract and maintain businesses.
“New York is the global hub of culture and commerce,” Doctoroff said. “The eyes of the world will be on Lower Manhattan. It will be much more than a business district–it will be a live, work and visit community.”