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Columbia University Business School Paul Milstein Center for Real Estate

Alumni in the News

Real Estate Alumni in the News  

Here is what your fellow Columbia Business School Real Estate Alumni are doing this month. If you don't see your news mentioned, please let us know.

Paul Pariser ’78

Taconic Betting Big On Coney Island Boom With 1,000-Unit Project: The firm—which is led by Charles Bendit and Paul Pariser—began assembling the parcels of land for the development in 2005, according to its website. The Prusik Group will be the retail partner for the project.

—Bisnow

Tommy Craig ’82 & Tom DeRosa ’88

Hines Partners with Welltower to Build Upper East Side Senior Facility:


"This partnership marks another important milestone as we move closer to our goal of addressing the vastly underserved senior population in need of assisted living and memory care services in Manhattan," stated Hines Senior Managing Director Tommy Craig.


"When Sunrise at East 56th Street, or 'The Welltower' as the building is also known, opens in two years, it will be the most modern and technologically advanced residential senior care building in the world," explained Welltower CEO, Tom DeRosa.

—Real Estate Weekly

David Simon ’85

Simon Investing Heavily in Mall Properties: CEO Simon said the project could include a hotel, apartments, and office space, and had the potential to increase [King of Prussia Mall's] value from $2 billion to more than $3 billion.

—Indianapolis Business Journal

Known for Malls, Simon Turns to Apartments, Hotels: "We have a significant opportunity to improve our portfolio with the densification of our centers with the addition of mixed-use components—hotels, multifamily, office and others," CEO David Simon said in a conference call with analysts this fall.

—Indianapolis Business Journal

David Giancola ’11

Jamestown Buys Bronx office Property for $115 Million: David Giancola, [a broker] at HFF, handled the deal for the seller, Acadia Realty Trust. HFF is also working to arrange financing for Jamestown for the acquisition.

—Crain's New York Business

HFF Secures $91.6M Capitalization of Multifamily Property in Fleetwood, New York: HFF has secured $91.6 million in joint venture equity and first mortgage financing for the development of 42 Broad Street West, a multifamily property located in Fleetwood.

—RE Business Online

Elliott Aronson ’98

Aby Rosen sells Tribeca dev site for $56M: Aby Rosen’s RFR Realty has given up on developing condominiums at 67 Vestry Street, opting to sell the site to Elliott Aronson’s Iliad Realty Group for $55.5 million.

—The Real Deal

Andrea Olshan ’04

Style Notes: Hilton Easton Gets a Refresh: "When we embarked on this expansive, dual-phase mission to redefine sophistication in hospitality, we did so with a clear vision informed by years of hotel and design expertise coupled with our deep understanding of the local market and region," says Olshan, CEO of Olshan Properties.

—Columbus Monthly

Brian Lindenberg ’15

Chinese Firm Buys One Newark Center: "The fact that another international buyer has invested in a Newark office building speaks volumes about the evolution of the market," Praedium Vice President of Asset Management Brian Lindenberg said.

—Tap Into Newark

Rohit Aggarwala ’00

Five Questions You Should Have About Google's Plan to Reinvent Cities: "We really wanted to find a place where we could build a neighborhood from the ground up," explains Rohit Aggarwala, head of Urban Systems at Sidewalk Labs. "We’ve been thinking about this for about a year now. We looked at a wide variety of sites in a lot of cities. We looked all over North America and a bunch of sites in Europe."

—Smithsonian Magazine

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