Torrance, CA – February 27, 2012 – (RealEstateRama) — In an ongoing move to establish its presence in the New York City commercial real estate market, newly formed Lee & Associates NYC has hired Kenneth Salzman, a seasoned New York broker who was formerly a director with Newmark Knight Frank. Salzman’s impressive resume is highlighted by his extensive experience in tenant representation and corporate real estate advisory services. Over the course of his career he has represented a number of multinational corporations in their global real estate requirements, leveraging client’s strategic needs and implementing creative process-oriented solutions.
Salzman’s hire comes on the heels of recruiting two senior office brokers and precedes a series of new additions to Lee NYC, which is expected to take place throughout March. James Wacht, president of Lee NYC, emphasizes that all new hires will fit a specific need of the office, which will help maintain its retail presence while building a strong presence in the office leasing market, commercial real estate advisory and other disciplines key to establishing Lee NYC’s reputation as a full service real estate company.
“We recognize that one of our greatest challenges in establishing Lee NYC is recruiting exceptional brokers who would embrace our full-service, collaborative business model,” said Wacht. “Salzman’s experience not only in New York but throughout the United States and in international markets makes him a tremendous asset to our goals and plans for this office.”
Salzman joined Newmark Knight Frank in August 1996, where for 15 years, he cultivated successful workplace strategies, including reducing real estate overhead, lowering employee retention costs and improving workplace environments. His specialization, which includes the evaluation of space usage and the creation of logistics analysis, allows clients the means to compare the cost of existing real estate holdings and alternative strategies. These strategies have resulted in transactional solutions for software, media and marketing companies throughout North America, Europe, and Asia.
“Lee NYC takes a very unique approach for its clients,” said Salzman. “I place a lot of importance on the relationship side of the business, so the platform and the culture here is very attractive. I am thrilled to be working with this great team of true New York real estate veterans.”
Joel Herskowitz , who helped recruit Salzman, believes he will fill an important niche and help make Lee NYC a vital full-service brokerage office.
“Ken’s experience, reputation and track record at Newmark Knight was very impressive,” said Herskowitz, COO of Lee NYC. “We were extremely lucky to get him on our team. I’m expecting some great things from him.”
Salzman, a graduate of New York University, is a treasurer and executive board member of the Union Square Partnership Business Improvement District and is a member of the Real Estate Board of New York.
About Lee & Associates NYC:
Celebrating more than 33 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in the nation, with over 46 locations across the nation including Arizona, California, Florida, Georgia, Idaho, Indiana, Illinois, Kansas, Michigan, Missouri, Nevada, New Jersey, New York, South Carolina, Texas and Wisconsin. Lee & Associates NYC, a member of the Lee & Associates group of companies, provides office, retail and multifamily/investment brokerage services throughout the metropolitan New York City region. With its affiliate, Sierra Real Estate, Lee NYC also provides services in Property Management, Investment & Acquisitions and Construction Services. For more information about Lee & Associates NYC or Sierra Real Estate, you can contact us at: (646) 723-4707
or visit us at www.leeassociatresnyc.com; www.sierranyc.com.
