Page 6 - CooperatorNews New York September 2021

6 COOPERATORNEWS —
SEPTEMBER 2021
COOPERATORNEWS.COM
PULSE
Industry Pulse
Events
We’re Back, Baby! CooperatorEvents Expo
Returns to NYC this Fall! NEW VENUE!
coopexpofall.com
CooperatorEvents is thrilled to announce
the return of our in-person Expos! This fall,
the CooperatorEvents New York Expo will
take place at the Jacob K. Javits Convention
Center on Thursday, October 28, 2021, from
10:00 a.m. to 4:30 p.m. We have an exciting
lineup of exhibitors eager to interact in per-
son, covering every aspect of multifamily liv-
ing, from board governance, financial plan-
ning, and community engagement to roof
repair, energy management, and lawncare.
Like our past in-person Expos, the Cooper-
atorEvents New York Fall Expo 2021 will in-
clude a full day of free workshops, seminars,
networking, and more. And as always, regis-
tration and attendance are FREE to all! Visit
www.coopexpofall.com to see who’s exhib-
iting, get more information, and register as
an exhibitor or an attendee. This will be a
must-attend event for all condo, co-op, and
HOA board members, property managers,
residents, and real estate professionals in the
Empire State! We look forward to seeing you
there in person!
Insurance
Clinton Hill Condo Selects Mackoul for
Insurance
Mackoul Risk Solutions, an insurance
agency in New York and New Jersey that
specializes in products for cooperatives and
condominiums, announces that the agency
has been named the insurance agency of
record for 476 Washington Avenue Condo-
minium in Clinton Hill, Brooklyn.
As of February 2, 2021, Mackoul Risk
Solutions is providing insurance for the
four-unit, post-war building built in 1945,
reports the agency. Amenities in the build-
ing include unit balconies and a virtual
doorman for easy package delivery.
The condo is in a charming historic
neighborhood with easy access to the city
through the A, C, and G lines and the
BQE. In recent years, new bars and restau-
rants have opened in this ethnically diverse
neighborhood, giving it an increasingly up-
scale feel.
Mackoul Risk Solutions is pleased that it
has been chosen as the new insurance bro-
ker for 476 Washington Avenue Condomin-
ium, according to its announcement, and
looks forward to working with the property
management firm, Impact Real Estate Man-
agement, who are experts in managing co-
operative and condominium buildings.
Appointments &
Transactions
Andy Marks Joins Maxwell Kates
In a press release, Maxwell Kates, Inc., an
Associa company, announces that it recently
hired Andy Marks as senior vice president
of business development and marketing.
Marks, a seasoned real estate profes-
sional and licensed broker, brings a range of
experience in serving multifamily residen-
tial and commercial properties to Maxwell
Kates, according to the release. As a loss
control representative and insurance under-
writer, he inspected buildings, including co-
ops and condos, for financial and infrastruc-
ture risks. Marks also has served as a board
member of his Manhattan co-op for the past
seven years, the past five years as president,
bringing a unique client-side perspective to
his business development role. In his board
capacity he has served as a resource for this
publication, having been quoted recently
in our article on improving board involve-
ment [https://cooperatornews.com/article/
improving-board-involvement].
Marks also spent more than 20 years in
digital marketing, notes the release. Dur-
ing that time, he co-founded a branded en-
tertainment company and a leading global
public relations firm, and established Marks
Entertainment, dedicated to producing
documentaries, films, and other content for
independent and corporate clients.
Marks is poised to use his skills in digital
media sales, marketing, advertising, public
relations, and client relationship manage-
ment, in addition to his vast residential real
estate experience, as Maxwell Kates Inc.’s
new senior vice president of business devel-
opment and marketing. In addition, he will
also service a handful of buildings, per the
release.
“We are thrilled to welcome Andy to the
Maxwell Kates family,” says David DeGidio,
Maxwell Kates, Inc., president. “His diverse
background and exceptional business acu-
men make him an outstanding new addi-
tion to our leadership team. We are confi-
dent Andy will be an asset to both our team
members and our valued clients as we con-
tinue to expand our client reach.”
David Bowie’s SoHo Condo Sells for
Nearly $17M
Dearly departed music legend David
Bowie’s SoHo condo recently sold for $16.8
million, according to reporting by the
New
York Pos
t—less than a month after it hit the
market. The English rock icon and his su-
permodel-businesswoman wife Iman pur-
chased the four-bedroom, four-bath unit in
the former Hawley & Hoops candy factory
for $3.81 million in 1999, when the 1886
building was converted to a full-service con-
dominium.
According to the
Wall Street Journal,
this
was the first time the apartment was listed
for sale since Bowie’s untimely death in
2016, following a long battle with liver can-
cer, at age 69.
The 5,090-square-foot home comes with
three “perfectly situated” terraces, states the
listing by real estate brokerage Corcoran.
One is off the 1,000-square-foot main bed-
room suite, which also includes a fireplace,
dressing room, powder room, and oversized
bath. Other features of the unit, designed by
“one of Europe’s most renowned architects,”
according to the listing, include direct eleva-
tor access and an art gallery-style entrance
which leads to a 56-by-22-foot great room
with an open kitchen, 11-foot ceilings, a
fireplace, and an adjacent library with a
bathroom, per to the
Post’s
reporting.
In his acclaimed book Forever Stardust:
David Bowie Across the Universe, author
Will Brooker writes, “By all accounts, Bowie
loved living in SoHo/Nolita. He felt at home,
semi-anonymous, among New Yorkers too
cool to act star-struck at celebrity sight-
ings.” [Exempli gratia: when Yours Truly
once spotted Bowie outside his home when
scouting the neighboring Puck Building for
her 2005 wedding, it took more than “cool-
ness” to not have a complete apoplectic fit
right there on Lafayette Street.]
From 1992 to 2002, according to the
Post,
Bowie also shared a Central Park spread
with Iman at the JW Marriott Essex House.
That home also hit the market earlier this
year and shortly went into contract, with
Stuart Moss of Corcoran holding the listing.
Billionaire Purchaser of NYC’s 2nd-
Priciest Home Is Revealed
In a follow-up to an item published in
last month’s Pulse, the previously anony-
mous buyer of New York’s second (and the
country’s third) priciest home on floors 60
and 61 of the highly touted high-rise 220
Central Park South is now known to be bil-
lionaire Joe Tsai, co-founder and executive
vice chairman of Chinese tech company Ali-
baba. Tsai purchased the full-floor units for
a combined $157.5 million. The purchase
also includes an 18th floor studio unit, likely
for staff, according to CNBC’s report of the
transaction.
Tsai’s new aerie is a few floors above
the country’s priciest home—a four-story
penthouse in the building that hedge fund
billionaire Ken Griffin purchased in 2019
for $238 million. The Robert A.M. Stern-
designed tower is also home to billionaire
notables Daniel Och and Sting.
continued on page 18
YOU’LL LEARN SO MUCH
YOUR HEAD COULD EXPLODE.
(Our lawyers said we had to warn you.)
COOPERATOR EVENTS
EXPO
2021
WHERE BUILDINGS MEET SERVICES
JACOB K. JAVITS CONVENTION CENTER — THURSDAY, OCTOBER 28, 10–4:30
FREE REGISTRATION: COOPEXPOFALL.COM
NEW
VENUE