New york fashion internships summer 2018

New york fashion internships summer 2018

Adelaide Polsinelli

Principal
Eastern Consolidated

In her 30+ years of extensive experience as one of New York City’s most active and high profile real estate brokers, Adelaide Polsinelli has an impeccable and prolific track record of consistently selling and shaping trends in commercial real estate. An innovative problem solver and a tenacious, yet diplomatic negotiator, Ms. Polsinelli has proven her talents as a commercial brokerage All-Star. She has personally sold over 1,300 properties, valued at over billion in every asset class from multifamily, retail and office to SRO’s, IMD’s, co-ops and condo sales, unsold shares, retail condos, partnership interests, loans, note sales, hotels, air rights, inclusionary rights, assemblages, developments, garages, co-ops, and condos interest. Ms. Polsinelli began her illustrious career as an advocate for families who had no real estate experience and needed dedicated representation to protect them from the pitfalls that abound while maximizing the value of their property. In addition to selling and advising on all real estate asset classes, Ms. Polsinelli also heads the Retail Sales Division at Eastern Consolidated, where she leads the firm’s sales brokerage, advisory, research financial structuring and marketing services for the sale of all retail driven deals from retail condominiums, office buildings, taxpayers, shopping centers, mixed use residential buildings, and hotels, to high street retail properties. Through her leadership, she was instrumental in classifying retail condos as the new real estate asset class, the urban equivalent to triple-net-leased single-tenant properties. Ms. Polsinelli’s mission of treating each deal not as a commodity but as a creation, allowed her to achieve record breaking prices for notable deals such as: The 7,000,000 Lee Portfolio in Williamsburg, Brooklyn, The Hotel Verite at 893 Broadway, The Sutton Place 280,000 square foot development, SoHo’s “The King of Greene” building at 72-76 Greene Street; 530 Lincoln Road and the “Diesel/ Dash” Retail Center in the heart of South Beach; The Hit Factory at 421 West 54th Street; 711 Madison Avenue “The Roberto Cavalli Building; The “Children’s Wear” office building in Midtown; The Marriott Courtyard Hotel site by the New Freedom Tower, The “Stefano Ricci” retail flagship on Park Avenue; The famed “Knitting Factory” building in TriBeCa; The Promenade a 350 unit Mitchell Lama Building; The “Le Figaro Café” building on Bleecker Street; The “Interior Design Building” in Midtown East; The “Dylan Hotel” on 41st Street; a nine-building package in Chelsea; four prominent Upper West Side hotels; and the “Eastbridge Landing” development site at First Avenue. Ms. Polsinelli was responsible for the development of a Times Square 0 million hotel development which is now a Marriott Hotel. She is also well established as the go-to broker for lenders, she has sold portfolios of notes, loans and REO’s. She is regularly called upon as a well-regarded co-op and condo expert, known for uncovering value for co-op and condos by methodically structuring the various components of their real estate to generate optimum value. She has created assemblages using inclusionary air rights and buying air rights from co-ops and condos, as well as unfolding entire co-ops and reorganizing the retail leases resulting in unexpected windfalls. Furthering her dedication as an owner’s advocate, she has produced a series of neighborhood tours, along with historian Kevin Draper of NY Historical Tours. The tours identify real estate trends and blend the past, present and future of neighborhoods with sales and leasing information to educate owners and investors to new emerging trends. Not only is Ms. Polsinelli is a celebrated expert in the industry for her ability to identify and forecast trends, but she can formulate opportunities to create additional value in her assignments. With her expertise and value-added approach to traditional investment scenarios, Ms. Polsinelli has mastered the art of building lucrative portfolios for her clients while also creatively resolving complex situations involving partnership disputes, financing challenges and various other obstacles. She is a co-op and condo liaison, sought after columnist, and speaker whose articles have appeared widely in the press. She is a contributing writer for several industry publications such as The Commercial Observer, Shopping Center Business, Real Estate Weekly, The Mann Report, National Real Estate Investor, The Retail Report, Real Estate Forum among others. She is an expert speaker and industry thought leader for a variety of functions and panels. Ms. Polsinelli is well known for her mentoring program where she offers college students opportunities to learn the business under her guidance. She has been named a “Woman of Influence” for over a decade by ALM’s GlobeSt.com and Real Estate Forum and one of Commercial Observer’s “People to Watch”. Ms. Polsinelli has also been the recipient of the prestigious Investment Sales Broker of The Year Award, and companywide Broker of the Year Award at Eastern Consolidated in 2013 and 2015. She is also featured on Globe St.com as one of New York City’s Signature Brokers. Ms. Polsinelli has been a guest lecturer at New York University’s real estate school. She has also been a regular source and thought leader for the Wall Street Journal, Crains, New York Public Radio, New York Times, New York Post, and Globest.com. She has also been a guest speaker at New York Appraisers Institute, Bloomberg News, Commercial Observer, and REBNY. Prior to joining Eastern Consolidated, Ms. Polsinelli was Vice President at a publicly traded national investment sales firm. She has served on the Board of Directors of both the Kidney & Urology Foundation of America and the St. George Foundation. Ms. Polsinelli was also the President of the Parent’s Association at St. George Elementary School and organizes an annual toy drive for local children’s charities. Most notably she had served as President of 2 Fifth Avenue for over a decade, a 350-unit co-op building where she successfully bought the land under the ground lease for the co-op. She founded the Central Village Co-op/Condo Association (CVCA). She is a member of REBNY, ICSC, The National Realty Club, RSA, SPONY, SBO, CHIP and CIASF. Ms. Polsinelli holds a Degree in Finance and Real Estate from New York University and also attended the Fashion Institute of Technology. By viewing each deal not as a statistic but as a trophy, Ms. Polsinelli proudly represents many of her clients for decades. “We have always viewed Adelaide as our Advisor. Adelaide has a level of sophistication that allows her to stand out from the rest of the brokerage community…Her most important attribute of all is her integrity.” –Domenic Lanni, L3 Capital LLC

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