Greystone Bassuk has promoted Drew Fletcher to the role of president. Fletcher will continue reporting to Richard Bassuk, chief executive officer of the Greystone Bassuk Group. The company said the promotion establishes a succession plan for Richard Bassuk, who has been in the industry for 40 years. Fletcher was previously executive vice president.
Ladder Capital has announced the promotions of Pamela McCormack to chief operating officer and Kelly Porcella to general counsel. McCormack, who is a co-founder of the company and has worked as general counsel since its formation in 2008, was previously chief strategy officer. Porcella, who joined in 2009, was previously associate general counsel.
Savills Studley has promoted Evan Margolin, Jason Perla, Dan Posy and Brad Wolk to executive managing directors.
Colliers International has promoted Michael Thomas to managing director. The firm has also promoted Kyle DeBussey and Timothy Pond to associate directors of brokerage services.
William Horning has been hired as a director at Mission Capital Advisors and its subsidiary Mission Global with its residential mortgage group. Horning previously worked at Morgan Stanley.
Suffolk Construction has hired Charles Avolio as president and general manager of its New York City operation. Avolio was previously at Turner Construction.
Sugar Hill Capital Partners has hired Sharon Liss as their new director of investor relations and marketing. Liss, who joins from RBC Capital Markets, will be responsible for investor relations, fund performance analysis and fundraising.
Marisha Clinton has been hired as senior director of Tri-State research at Avison Young. Clinton was previously at JLL.
Ivanka Trump and Jared Kushner welcomed their third child — a boy — last month. The 34-year-old mother introduced the newborn on Twitter: “Baby Theodore. My heart is full.”
Leon Charney, a real estate investor who controlled over 1.5 million square feet of commercial space in Manhattan, died last month. He was 77. The son of a sewing supplies salesman, Charney amassed a net worth of $1 billion and a real estate portfolio that included three Times Square skyscrapers. His firm, L.H. Charney & Associates, still owns two Midtown towers — 1410 Broadway and 1441 Broadway. He made his first purchase, One Times Square, in 1980.