In 2004, Anthony E. Westreich established the real estate company Monday Properties. For the past 12 years, he has worked to build a portfolio worth $12 billion and conducted over 50 property transactions. In addition to his responsibilities as chairman and CEO of Monday Properties, Anthony Westreich serves as a member of the Real Estate Board of New York (REBNY).
REBNY represents real estate professionals in New York City. Established in 1896, the board promotes the mutual interests of the industry by addressing property management concerns with government bodies. Members of REBNY are also granted access to education programs, such as real estate courses for licensing and professional development.
In addition, REBNY offers higher education courses such as the Certified Buyer Representative (CBR) program. This advanced course is targeted toward real estate professionals who intend to learn industry best practices and regulations on agency representation. Marie Spodek, DREI, conducts the two-day CBR program. As graduates, licensees receive the CBR designation as well as a free listing in CBR’s online member roster.
Anthony E. Westreich founded Monday Properties, a real estate management and development firm, more than a decade ago. Since then the company has completed more than 50 property transactions valued at $12 billion. Aside from real estate projects, Anthony Westreich is actively involved in the Young Presidents’ Organization (YPO).
YPO is a global community of executive leaders committed to “Becoming Better Leaders Through Lifelong Learning and Idea Exchange.” YPO was developed in order to create areas in which members could collaborate through shared ideas with the goal of mutual growth.
With more than 25,000 members and chapters in 130 countries, it recently joined forces with Opportunity Network, an exclusive business matchmaking platform, signing a partnership to digitize deal matchmaking for the global CEO network of ultra-high-net-worth individuals.
This new and improved online platform is designed for the YPO Deal Network – a global business network with over 6,600 members focused on education and deal support or transactions. The platform will allow the YPO Deal Network members to conduct business and financing deals faster and more efficiently.
The portal, called The YPO Deal Room, is an online portal where members of the YPO Deal Network can conduct business transactions. Members who are looking to sell or acquire companies can assist each other in raising capital for their investments through the exclusive platform.
A veteran of the real estate industry, Anthony E. Westreich serves as chairman and CEO of Monday Properties in New York City. To remain involved with his professional community, Anthony Westreich belongs to the Real Estate Board of New York, an organization that unites more than 16,000 professionals in the real estate sector throughout New York City.
One of the major focuses of the organization is education. The board allows individuals to take both continuing education and licensing courses online so that they can fit the classes into their busy schedules. People can become licensed as a New York State real estate salesperson with the board’s 75-hour online class or as New York State broker with a 45-hour class that has different packages depending on individual needs. Individuals licensed as salespeople before July 1, 2008, can also take the required 30-hour remedial course online.
Real estate agents in New York are expected to complete 22.5 hours of continuing education credits every two years. The board has partnered with several online classrooms to provide a wide range of coursework.
In 2004, Anthony E. Westreich established Monday Properties, a real estate firm that focuses on investments, property development, and many other services. Outside of the firm, Anthony Westreich actively engages with several charities, among them the Women’s International Zionist Organization (WIZO).
The Women’s International Zionist Organization, together with Bridges for Peace, a Christian organization, works hand-in-hand to help acquaint Christians from all over the world with Israel, particularly Jerusalem. Every few months, new volunteers from Bridges for Peace, as well as individuals from around the world, visit the WIZO center to participate in different activities, such as helping children, abused women, and poor families in Jerusalem. These volunteers help accomplish simple tasks such as cleaning parks, collecting garbage, painting and decorating the outdoor walls of the daycare center, and performing minor physical labor around the compound. They also help build simple structures, like a shaded outdoor terrace for children to rest and play in.
WIZO’s work inspires social activism and raises awareness among other organizations as well as among Christians. Every year, hundreds of volunteers express their eagerness to participate in WIZO’s activities. The administrators of the center do their best to make visitors and volunteers understand the importance of their ongoing contributions to Jerusalem for the benefit of the whole Israeli society.
Monday Properties founder and CEO Anthony E. Westreich oversees the leading real estate firm’s holdings in New York, New York. As an active community member, Anthony Westreich works hard to promote New York City through his position on the board of the Grand Central Partnership.
In the 1980s, many parts of the nation faced economic and physical deterioration. One of the hard-hit neighborhoods was New York’s midtown Manhattan district, especially the area surrounding the iconic Grand Central Station. Local business owners and residents banded together to restore and revitalize their neighborhood, resulting in the creation of the Grand Central Partnership.
Today, the neighborhood surrounding Grand Central Station is thriving again. The Partnership is frequently cited as an example of successful neighborhood revitalization, both at home and abroad. The people of midtown Manhattan continue to support their neighborhood through the Partnership, and now use the network to plan events, boost tourism revenues, and keep the flourishing heart of New York lively and fun.
As the owner, chairman, and CEO of Monday Properties–a real estate property firm in New York City–Anthony E. Westreich is responsible for leading the entirety of the firm’s business activities; this role includes dealing with major leasing and capital transactions. An engaged participant in his professional field, Anthony Westreich is a member of the Real Estate Board of New York.
The Real Estate Board of New York (REBNY), together with the administration of Gov. Andrew M. Cuomo, reportedly had talks in August 2016 to discuss resurrecting an old housing project known as 421-A that would offer more affordable housing for low to moderate-income earning families of New York City.
The proposal that was sent to developers stated that they would be required to provide below-market housing that would entail setting aside 20 to 30 percent of units per project for this purpose. Although there is no clear-cut plan on how 421-A will be financed and managed, union leaders expressed the sentiment that wage subsidies and tax-abatement may be viable resolutions to the issue. For now, it is up to the REBNY to decide on the matter.
As the Chairman and CEO of Monday Properties in New York, New York, Anthony E. Westreich manages the leading real estate company’s expansive commercial portfolio. As part of his commitment to leadership and professional development, Anthony Westreich is also a member of the Young President’s Organization.
The Young Presidents’ Organization (YPO) is an international community of young executives committed to professional development and collaboration across disciplines. The organization’s 24,000 members across 130 countries all work together, helping each other grow into the best leaders they can possibly be.
YPO is open only to those who have attained the top position at a corporation or a qualifying division within it. Leaders within government bodies, nonprofit institutions, and other complex entities outside of the for-profit world are welcome to apply, so long as their organization meets the minimum employee count and value requirements. New members must submit their application before they turn 45. Anyone who would like to learn more about the YPO an criteria for membership can do so online at: http://www.ypo.org/join-ypo
As the founder and CEO of Monday Properties in New York, New York, Anthony E. Westreich is responsible for the firm’s vast holdings in the area. Anthony Westreich further supports the commercial real estate industry through his participation in the Building Owners and Managers Association International (BOMA).
The Building Owners and Managers Association International exists to support the efforts of people who work in the commercial real estate business. The century-old organization plays an active role in shaping the industry, and works in partnership with government entities and various organizations to enact positive change in the world of real estate.
In recent years, BOMA has begun to encourage sustainable building and management practices. To support members as they attempt to build responsibly, the organization maintains a directory of information for commercial builders and managers. BOMA updates the sustainability information regularly, ensuring that it always stays up-to-date.
This guide walks industry professionals through training, procedures, and certifications in various states and countries. It has information about American programs such as Energy Star and LEED, and provides resources to point international builders in the right direction in their own country.
Anthony Westreich is a longtime real estate executive who guides Monday Properties as CEO and chairman. The firm has extensive commercial property holdings spanning New York and Washington, D.C. Speaking recently with Real Estate Finance and Investment, Anthony Westreich emphasized that the firm has been undertaking New York sales such as the $1.2 billion office tower 230 Park Avenue as part of an overall strategy of value creation.
Mr. Westreich is still fairly skeptical about New York values, which have resulted in the firm being positioned as a net seller in that market for three years running. At the same time as New York office divestments have continued, Monday Properties maintains an extensive portfolio of greater Washington, D.C., properties.
The firm is closely watching the Washington, D.C., market for recovery signs that will signal a new acquisition trend. Mr. Westreich is convinced that the next several quarters will reflect the effects of the area’s net population growth and absorption, and see significant leasing market improvements. At the same time, a large amount of debt tied to commercial mortgage-backed securities will mature in 2016 and 2017, which will create vital investment partnership opportunities.
Led by Anthony Westreich, Monday Properties is a respected real estate development and management firm that has maintained an extensive office building portfolio spanning New York and Washington D.C. for decades. Anthony Westreich has positioned the firm, which has been a net seller over the past three years, for acquisitions in a rebounding Washington. D.C., market.
As reported in Washington Business Journal, in June, 2016, the firm experienced a significant boost with the Crystal City startup Eastern Foundry’s announcement that it would expand to a second location in Rosslyn. The federal contractor incubation firm reached an agreement with Monday Properties for a 19,000 square feet full-floor lease at 1100 Wilson Blvd.
A key reason for selection of Rosslyn over locations such as Tyson’s Corner and Alexandria, was the community’s Metro accessibility to government districts. In addition, the local area has a high concentration of federal contractors and agencies.
1100 Wilson Blvd also saw the recent addition of the University of Virginia’s Darden School of Business as a lease signer and the renewal by Sinclair Broadcast Group, Inc., of a five-year, 100,000 square feet lease. This represents a successful repositioning of a building that previously served as the media firm Gannett’s headquarters.