As the dust settles around the fallen Macklowe family real estate empire and as William Macklowe reportedly grabs the company’s reigns from his father Harry, not all the news is bad for the credit crunched firm: two of the Macklowes’ own have earned awards management excellence.
James Migliore was recently awarded by the Commercial Management Leadership Award by the Real Estate Board of New York for his management of the Macklowes’ 21 properties. Seven of those properties, which Harry Macklowe purchased for a whopping $7 billion dollars in a highly-leveraged deal last year, are now for sale.
Rosemary Ulfik, the property manager of 540 Madison Avenue, got the John M. Griffin Community Service Award.
Michael Prefi of CB Richard Ellis received the On-Site Manager of the Year Award for his management of 32 Old Slip, a 1,050,000-square-foot Class A property.
James Whelan of Cushman & Wakefield earned the Portfolio Management Award for his work as the on-site Portfolio Manager For Eleven Madison Avenue.
REBNY presented the awards at its annual Commercial Management Leadership breakfast. TRD