Ariel Schuster Promoted to Executive Vice President of RKF
11/19/2008
11/19/2008
New York, NY — Robert K. Futterman & Associates (RKF), the nation’s leading independent real estate firm specializing in retail leasing, investment sales, and consulting services announces the promotion of Ariel Schuster to Executive Vice President of RKF. This is the second promotion Mr. Schuster has received this year.
Formerly a Senior Vice President, to which he was promoted in February 2008 along with being named a partner, Mr. Schuster has been with RKF since 2001. He is considered one of the most active retail leasing specialists in Manhattan, with a focus on landlord and tenant representation. He also handles tenant representation for a few tenants nationally and is active in RKF’s investment sales activities.
“Ariel continues to make great contributions to the growth of RKF and our Manhattan brokerage team, both as a producer and a manager/mentor,” said Robert K. Futterman, Chairman & CEO of RKF.
Mr. Schuster’s ownership clients include an impressive list of institutional and entrepreneurial property owners, such as Edward J. Minskoff Equities; RFR Realty, Inc.; Broad Street Development; The Winter Organization; The World-Wide Group; The Related Companies, L.P.; and Africa Israel, USA. His more recent work on behalf of property owners includes securing tenants (Whole Foods, Barnes & Noble, Bed Bath & Beyond, Bank of America, GameStop and T-Mobile) for 180,000 square feet of retail space in the mixed-use development at 270 Greenwich/101 Warren Street on behalf of Edward J. Minskoff; arranging a 47,000 square-foot lease with Whole Foods on behalf of The World-Wide Group at 250 East 57th Street; and securing a lease for 8,700 square feet with bebe on behalf of Broadway Landmark Realty at 488 Broadway in SoHo.
Currently, Mr. Schuster is marketing a significant amount of retail space for lease, including 138,000 square feet at The Corner at Wall St., 26,280 square feet at 240 East 86th Street, 25,730 square feet at 641 Sixth Avenue and 14,300 square feet at 115 Fifth Avenue.
Among Mr. Schuster’s list of retail clients are Chico’s, Marc Ecko Enterprises, White House|Black Market, PetSmart, Gap, Banana Republic, Old Navy, GameStop, The Finish Line, Coldwater Creek, and CVS/pharmacy. For the latter, Mr. Schuster secured a 15,500-square-foot location at 200 West End Avenue earlier this year.
His recent investment sales work has included arranging the sale of the 17,000-square-foot, retail co-op at the base of 85 Fifth Avenue in Manhattan’s Flatiron District for $24.8 million to RFR Realty and the sale of the 1.3 million-square-foot Bristol Center, an industrial/warehouse/distribution complex in Bristol, CT, for $60.5 million.
Mr. Schuster graduated magna cum laude from Tulane University, earning a Bachelor of Science, and also earned a Masters in Real Estate Finance from New York University. He is a member of the International Council of Shopping Centers and the Real Estate Board of New York.
About Robert K. Futterman & Associates:
The country’s leading independent real estate firm specializing in retail leasing and investment sales, Robert K. Futterman & Associates (RKF) serves a broad spectrum of domestic and global clients in services ranging from national tenant and owner representation to advisory, consulting and disposition. With over $9 billion in aggregate real estate transactions to its credit, RKF has been responsible for identifying scores of real estate opportunities throughout the United States for leading American and international chains, retailers, developers and institutional clients. RKF is headquartered in New York with offices in Las Vegas, Los Angeles, New Jersey and San Francisco.
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Formerly a Senior Vice President, to which he was promoted in February 2008 along with being named a partner, Mr. Schuster has been with RKF since 2001. He is considered one of the most active retail leasing specialists in Manhattan, with a focus on landlord and tenant representation. He also handles tenant representation for a few tenants nationally and is active in RKF’s investment sales activities.
“Ariel continues to make great contributions to the growth of RKF and our Manhattan brokerage team, both as a producer and a manager/mentor,” said Robert K. Futterman, Chairman & CEO of RKF.
Mr. Schuster’s ownership clients include an impressive list of institutional and entrepreneurial property owners, such as Edward J. Minskoff Equities; RFR Realty, Inc.; Broad Street Development; The Winter Organization; The World-Wide Group; The Related Companies, L.P.; and Africa Israel, USA. His more recent work on behalf of property owners includes securing tenants (Whole Foods, Barnes & Noble, Bed Bath & Beyond, Bank of America, GameStop and T-Mobile) for 180,000 square feet of retail space in the mixed-use development at 270 Greenwich/101 Warren Street on behalf of Edward J. Minskoff; arranging a 47,000 square-foot lease with Whole Foods on behalf of The World-Wide Group at 250 East 57th Street; and securing a lease for 8,700 square feet with bebe on behalf of Broadway Landmark Realty at 488 Broadway in SoHo.
Currently, Mr. Schuster is marketing a significant amount of retail space for lease, including 138,000 square feet at The Corner at Wall St., 26,280 square feet at 240 East 86th Street, 25,730 square feet at 641 Sixth Avenue and 14,300 square feet at 115 Fifth Avenue.
Among Mr. Schuster’s list of retail clients are Chico’s, Marc Ecko Enterprises, White House|Black Market, PetSmart, Gap, Banana Republic, Old Navy, GameStop, The Finish Line, Coldwater Creek, and CVS/pharmacy. For the latter, Mr. Schuster secured a 15,500-square-foot location at 200 West End Avenue earlier this year.
His recent investment sales work has included arranging the sale of the 17,000-square-foot, retail co-op at the base of 85 Fifth Avenue in Manhattan’s Flatiron District for $24.8 million to RFR Realty and the sale of the 1.3 million-square-foot Bristol Center, an industrial/warehouse/distribution complex in Bristol, CT, for $60.5 million.
Mr. Schuster graduated magna cum laude from Tulane University, earning a Bachelor of Science, and also earned a Masters in Real Estate Finance from New York University. He is a member of the International Council of Shopping Centers and the Real Estate Board of New York.
About Robert K. Futterman & Associates:
The country’s leading independent real estate firm specializing in retail leasing and investment sales, Robert K. Futterman & Associates (RKF) serves a broad spectrum of domestic and global clients in services ranging from national tenant and owner representation to advisory, consulting and disposition. With over $9 billion in aggregate real estate transactions to its credit, RKF has been responsible for identifying scores of real estate opportunities throughout the United States for leading American and international chains, retailers, developers and institutional clients. RKF is headquartered in New York with offices in Las Vegas, Los Angeles, New Jersey and San Francisco.
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