07/26/05: This week’s big story appears to be that the Teamsters, SEIU and several other unions are breaking off from the AFL-CIO and taking five million workers with them. But none of this will change the grim reality for unions. And the reality is this: Private-employee union membership is down to 8% nationally from its high of 35% in 1955. Little wonder. Although unions served a great purpose in protecting workers for many generations, their efficacy is clearly waning. The global shift in employment only facilitated that. Domestic manufacturing has been moving overseas for the past 50 years, and the trend continues, with white-collar non-union jobs following suit. Clearly, the national economy has deeper and more serious issues to address than the fate of unions.
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OPEN STANDARDS CONSORTIUM FOR REAL ESTATE (WASHINGTON, DC) The organization’s board of directors has named Andy Fuhrman as its chief executive officer. Fuhrman has served since 2004 as OSCRE’s business and program manager, in which he has overseen day-to-day operations.
BROOKWOOD FINANCIAL PARTNERS (BEVERLY, MA) Eve M. Trkla has been promoted to chief operating officer and elected partner. Trkla, most recently senior managing director and chief financial officer, co-founded Brookwood in 1993. She will maintain her current responsibilities while also taking over management of the firm’s portfolio and other investments.
FIRST INDUSTRIAL REALTY TRUST (TAMPA, FL) Robert Krueger has been named regional director of the company’s Central Florida region. He was most recently senior regional development officer. Krueger will oversee acquisitions, dispositions, development and other functions in this area.
GMAC MORTGAGE CORP. (HORSHAM, PA) Tom Donatacci has rejoined the company as senior vice president. Donatacci, who served in the firm’s capital markets operation in the late 1990s, has left his most recent post heading mortgage servicing transactions at Lehman Brothers/Cohane Rafferty. At GMAC, he will run third-party subservicing and marketing.
NEWMARK (MIAMI) The firm has hired Matt Wanderer and Matt Papunen as managing directors to run its new office here. They join fellow new brokers and managing directors David A. Goldberg and Shay Pope in that office, which serves the entire state.
MERISTAR HOSPITALITY (ARLINGTON, VA) John E. Plunket has been named senior vice president, moving over from his previous position as Oak Hill Realty LLC, where he was partner. Plunket will oversee the firm’s overall dispositions and acquisitions activity.
THE CLARETT GROUP (NEW YORK CITY) New to the firm is Thomas K. Aschmoneit, who has joined as vice president. He was most recently an owner’s representative at Millennium Partners. Aschmoneit will oversee construction projects on behalf of the firm.
DENHOLTZ ASSOCIATES (WEST PALM BEACH, FL) Karen Williams has been tapped as property manager for the Florida Gulf Coast region. She will run a 550,000-sf office portfolio and assist in development. Williams was most recently senior property manager at Terranova Corp.
Ideal candidate will manage all construction-related tasks associated with redevelopment, which includes monitoring associate in charge of tenant coordination while ensuring quality, adherence to schedule and compliance with budget on all projects. He or she must also oversee and review estimates, budgets and ongoing construction work.
STARWOOD CAPITAL GROUP
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