MANAGEMENT Who's News PERSONNEL

Real Estate Weekly, July 25, 2001

Lawrence Properties announced that Michelle Ritchie has been recently appointed as the firm's director of financial services. In her new position, Ritchie will be responsible for the financial well-being of more than 75 buildings in the company's portfolio.

Prior to joining Lawrence, Ritchie served as vice president and managing director of the residential management division at Insignia Financial Services. Before that, she worked at the Kreisel Company, where she was responsible for overseeing' the firm's accounting operations. Ritchie is in expert in debt restructuring, long-term financing, and short-term loans.

David Sherman has been promoted to executive managing director of Insignia/ESG's New Jersey office in Saddle Brook, announced executive director Patrick Murphy.

In 2000, Sherman was responsible for nearly 750,000 SF of office leasing activity on behalf of both tenants and owners, including the 313,000-SF AboveNet Communications lease in Jersey City, NJ; the 56,000 SF headquarters lease for the BLP Group Companies in Wayne, NJ; and the 38,500-SF lease for Paradigm Direct in Fort Lee, NJ.

Sherman joined Insignia/ESG as a managing director following the company's opening of its New Jersey office in 1987. He was promoted to senior managing director in January 1995.

In addition, Sherman has been responsible for investment sales and saleleaseback transactions in excess of $200 million, including the representation of Hartz Mountain Industries, Hilton Hotels and the Government of Singapore. He is currently representing over two million SF of Class A leasing assignments.

Prior to joining the company, Sherman was a vice president at Douglas Elliman Knight Frank, Inc. Licensed in both New York and New Jersey, Sherman is a member of the Real Estate Board of New York and holds a B.A. degree in real estate and communications from SUNY.

Tara Hogan has joined The Marketing Directors, Inc. as a market analyst, announced president Adrienne Albert.

In her new position, Hogan is responsible for tracking new residential construction in the New York metro area, including pricing information. Before joining the firm, Hogan worked at Massachusetts-based World Boston, a company that organizes professional itineraries and social activities for foreign dignitaries. She started as a program officer, and later advanced to director of marketing.

Hogan earned her M.B.A. in global financial analysis and her B.A. in international culture and economy from Bentley College in Massachusetts. She has also studied at Royal Melbourne Institute of Technology in Australia, and Eurocentre in Madrid, Spain.

Houlihan/Lawrence hired Nancy M. Shire to its Scarsdale office as a licensed real estate salesperson. Prior to joining the company, Shire worked as a management and leasing agent for Post Properties, Inc. in Atlanta. Before entering the real estate profession, she was a social worker in Manhattan.

Shire, of White Plains, graduated from American University in 1989 and received her B.A. in public affairs. She and her husband, Robert, have a three-year old daughter, Ilana.

The board of trustees of the New York College of Podiatric Medicine has conferred upon Eugene H. Webb, president of Webb & Brooker Real Estate, the honorary degree of doctor of humane letters at the June 6 commencement exercises held at Lincoln Center.

Webb is a member of the board of trustees of the college, a member of the board of directors of the Real Estate Board of New York, and a member of the board of directors of the Association of Builders & Owners.

John V. Terrana, a partner at the Mineola-based law firm Forchelli, Curto, Schwartz, Mineo, Carlino & Cohn, LLP and head of the firm's tax certiorari department, has been appointed chair of the Nassau County Bar Association's tax certiorari and condemnation committee.

A resident of Wantagh, Terrana has concentrated his legal career in the area of tax certiorari and condemnation, with a combination of municipal, and private practice experience. He is a regular contributor to publications that deal with real estate tax matters and an expert source for reportage and commentary in the media. Prior to joining FCSMC&C in 1993, Terrana served as deputy county attorney for Nassau county, practicing in the areas of tax certiorari, condemnation, tax lien litigation, and real estate. He later became the Glen Cove City Attorney, where he was general counsel to all of the City's departments and boards, and to the Glen Cove Community Development Agency and the Glen Cove Industrial Development Agency

Terrana earned his J.D. at St. John's University School of Law and is licensed in New York. He is a member of the New York State and the Nassau County Bar Association, and is also a member of the Suffolk County Bar Association tax certiorari and condemnation committee.

The New Jersey office of The Staubach Company has named Frank J. Cotilla senior vice president and director of operations. He will be responsible for developing the design and construction consulting group in the firm's New Jersey office.