4, 2009 - PRLog - Every city in the United States has seen the recession take hold in some shape or form- Chicago was no different. Schuckman, a very proud father, turned over Schuckman Realty to his son Kenneth.Dec. Schuckman was honored for his real estate business achievement by his alma mater C W Post College, and honored for his charitable efforts by the American Jewish Committee, and The State of Israel Bonds. By the year 2000, he and his team completed transactions involving some 60 shopping centers, including 400 major tenant transactions with the likes of CVS, K-Mart, TJ Maxx, and many more. Schuckman brought Channel Home Center to Long Island and convinced other major chains to follow suit. Frank Castagna, owner and builder of Long Island’s Americana Shopping Center. David Muss, principal developer of Long Island’s Walt Whitman Mall the late Charles Lazarus, founder of Toys R Us and Mr.
Schuckman closely studied the shopping center business, forming high-level expertise in market research, retail strategies, and architectural planning. Those first experiences in the real estate brokerage business paved the path for a successful career that today spans 46 years, involving tens of millions of square feet of retail space across the tristate area.ĭuring his early years, Mr. Schuckman began to execute agreements, and eventually, the building of several prominent retail chains. Schuckman, founder of Schuckman Realty, began his career in real estate in 1970 at the age of 24, working for a well-known real estate broker and developer. Schuckman has developed a name in the industry synonymous with honesty, hard work, loyalty and experience. Aaron and Kenneth have an additional $100+ million in pending acquisitions and developments in New York and Florida and look forward to continued success in 2022 and beyond. Regency Centers, a publicly traded REIT acquired the shopping centers along with BTF Capital providing the necessary consulting to make transactions come to fruition. The BTF Capital partnership 2021 efforts resulted in the acquisition of 4 grocery anchored shopping centers for $130 million dollars which closed on December 30, 2021. The fund has the flexibility of purchasing the properties outright or joint venturing the projects with the family members that wish to continue the family legacy. BTF Capital was formed to work with multi-generational real estate families to actualize dormant value in grocery anchored shopping centers in metro New York. In 2021, Kenneth founded BTF Capital Fund with his longtime partner Aaron Malinsky. The new acquisition has delivered signed-contracts and pending-closings in the third and fourth quarters of 2019. With the added expertise of brokers who focus on residential and multi-family development, Kenneth is now able to service his clients’ portfolios by offering a more diverse range of services. Kenneth, in his pursuit to diversify Schuckman Realty as a company, acquired a Brooklyn-based boutique investment sales firm in 2019, adding 10 more brokers to the company’s roster. Schuckman’s expertise and market knowledge has led to his actively working on/and having recently signed leases with tenants such as Lidl, ShopRite, Whole Foods, Uncle Giuseppe’s, Burlington Stores, CVS Pharmacy, Walgreens, Starbucks, Cumberland Farms, Northwell Health, and many more. Under Kenneth’s direction the firm has facilitated hundreds of transactions representing millions of square feet of real estate on behalf of landlords, tenants and institutional portfolios.Īs the business continues to evolve, national tenants and area landlords including REIT’s contact Kenneth for his expertise, adding square footage to his deal sheet. Kenneth Schuckman was named president of Schuckman Realty in 2015 and leads a team of over 25 brokers at their offices in New York City and Lake Success, Long Island. Among his recent awards, was the top Retail project of 2018 signing Whole Foods to anchor a new shopping center in Westbury.
In 2005, Kenneth won the accolade of Rising Star in the Real Estate Industry by Real Estate Weekly and since then has been a frequent awardee of the CoStar Top Power Broker award, as well as the Broker of the Year award from 2011 to 2018. Kenneth Schuckman started his career in commercial real estate over 20 years ago at Schuckman Realty Inc., a company his father founded in 1978.
0 kommentar(er)
