Archive for the ‘Real Estate’ Category

High Line Co-Founders Awarded the Vincent Scully Prize from The National Building Museum

Tuesday, October 8th, 2013


New York, NY (PRWEB) October 01, 2013

Friends of the High Line today announced that co-founders, Robert Hammond and Joshua David, were awarded the 15th Vincent Scully Prize from the National Building Museum in Washington D.C. Former recipients include some of the most prestigious architects and designers in modern history, such as Paul Goldberger (2012), Robert Stern (2008), Jane Jacobs (2000), and His Royal Highness Prince Charles, Prince of Wales (2005). The widely admired Prize recognizes Hammond and Davids work in creating one of the most successful urban revitalization projects to date.

As a destination for New Yorkers and visitors alike, the High Line has grown beyond a typical public park, and has taken on the identity of a world stage, providing a venue for art showcases, educational programs, and cultural presentations. Last year, more than 4.4 million people visited the elevated park, which hosted 450 free public events and activities, curated 31 art installations, and expanded food concession and merchandise programs. Since its first section opened in 2009, the High Line has served as a catalyst for the re-development of Manhattans West Side and has prompted more than $ 2 billion in investment in the neighborhood.

During the public award ceremony, David and Hammond presented an original talk, which included opening remarks by Paul Goldberger, Pulitzer Prize-winning architecture critic and a past recipient of the Vincent Scully Prize. Their talk, Harnessing Friction, focused on how Friends of the High Line tapped the seemingly incompatible forces of money, real estate and politics versus community, preservation and design to create a new kind of public place for the 21st Century.

Joshua David said, You might think that the lesson to take away is one of compromise how competing forces can give way to each other, helping a project advance. But more often, the pressures of competing forces did not give way, but continued to resist each other as they met, creating a friction and energy. This unique energy is what fueled the High Line and created the place as we know it today.

This is not just a story about two guys and a dream, said Robert Hammond. Its a story about the thousands who shared that dream and helped us realize it. As much as we tried to choreograph it, the success of the High Line was ultimately a show of something greater than the creative or managerial powers of any one or two people or any single organization. If it had been more thoroughly controlled by any one of the players involved a real estate developer, a traditional historic preservation group, and a single government agency the High Line would not be the place it is today.

The National Building Museum established the Vincent Scully Prize in 1999 to recognize exemplary practice, scholarship, or criticism in architecture, historic preservation and urban design. It is named after Professor Vincent Scully, the Sterling Professor Emeritus of the History of Art at Yale University and Distinguished Visiting Professor at the University of Miami to honor his work and extend his legacy.

We cannot help but be especially pleased that this years prize is awarded to Joshua David and Robert Hammond, said Scully. Neither architects nor planners, these two citizens of New York saw something in their city to which others, including specialists, were blind. They somehow perceived the aesthetic intensity and urban power of the great dark ruin that lumbered through their neighborhood and, uniting with other citizens, they saved it and delivered it at last into the hands of the architects and designers who brought it to its present state of pure delight.

This year, the Vincent Scully jury, led by chair David Schwarz, along with Deborah Berke, Gary Haney, Ned Cramer and Elizabeth Plater-Zyberk, selected David and Hammond in recognition of how the High Line has inspired new thinking about the potential to repurpose unused industrial infrastructure into active public space.

Robert Hammond and Joshua David were selected to receive the fifteenth Vincent Scully Prize for their vision in transforming outdated infrastructure into the vibrant elevated park known as the High Line, said Scott Kratz, vice president for education at the National Building Museum. The Scully Prize jury recognizes how their work inspires new thinking about the value of civic space as municipalities across the United States re-purpose bridges, train trestles, and even freeways into much needed community gathering places.

The honor comes just as Hammond plans to end his tenure with the organization he helped to found 14 years ago. Hammond was awarded a Rome Prize by the American Academy in Rome in 2009. In 2010 David and Hammond were both awarded the Jane Jacobs Medal for their work on the High Line.

As the High Line prepares for Hammonds departure, Joshua David, also a co-founder of FHL, will stay on and assume the new title of President, where he will continue to focus on fundraising and Board development.

About the High Line and Friends of the High Line

The High Line is an elevated freight rail line transformed into a public park on Manhattans West Side. It is owned by the City of New York, and maintained and operated by Friends of the High Line. Founded in 1999 by community residents, Friends of the High Line fought for the High Lines preservation and transformation at a time when the historic structure was under the threat of demolition. It is now the non-profit conservancy working with the New York City Department of Parks & Recreation to make sure the High Line is maintained as an extraordinary public space for all visitors to enjoy. In addition to overseeing maintenance, operations, and public programming for the park, Friends of the High Line works to raise the essential private funds to support more than 90 percent of the parks annual operating budget, and to advocate for the transformation of the High Line at the rail yards, the third and final section of the historic structure, which runs between West 30th and West 34th Streets. For more information, visit http://www.thehighline.org.

About the National Building Museum

The National Building Museum is Americas leading cultural institution dedicated to advancing the quality of the built environment by educating people about its impact on their lives. Through its exhibitions, educational programs, online content, and publications, the Museum has become a vital forum for the exchange of ideas and information about the world we build for ourselves. Public inquiries: 202.272.2448 or visit http://www.nbm.org. Connect with us on Twitter, @BuildingMuseum and Facebook.

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Media Contact

Ashley Tickle

Friends of the High Line

press(at)thehighline(dot)org

(212) 206-9922







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Richard Fonash of Aberdeen Asset Management Headlines Dallas Ivy Family Office Forum

Tuesday, October 8th, 2013

Dallas, TX (PRWEB) October 01, 2013

Richard Fonash of Aberdeen Asset Management Inc. headlined the Ivy Family Office Network Dallas Forum with a discussion on Portfolio Allocations. The Forum was held on September 17th, 2013 in Dallas, TX.

According to Mr. Fonash, This is a challenging time for portfolio allocators, as we begin the transition away from asset markets driven heavily by central bank policy-making to markets that are more driven by underlying economic fundamentals. While growth momentum in the U.S. remains generally positive, the near to medium term contains numerous potential headwinds around Federal Reserve policy and leadership succession, the U.S. fiscal situation and rapidly evolving geopolitical concerns.

He continued, With so much uncertainty across financial markets, we believe it continues to be prudent to pursue a globally diversified, multi-asset approach to portfolio allocations. From a multi-asset point of view, diversification can be achieved with a portfolio mix of diversified equity exposures, selected fixed income segments, real assets and liquid alternatives. We believe it is important that investors operate with as broadly diversified an investing canvas as possible when assembling and allocating within their portfolios.

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Richard Fonash is a Senior Investment Manager at Aberdeen Asset Management Inc. and is a member of the firms Aberdeen Solutions team. Aberdeen Solutions aims to solve investment problems by combining the global resources of the Aberdeen group within customized portfolios. These portfolios seek to meet investment objectives whether expressed as relative return, absolute return, real return, targeted volatility or liability driven. Depending upon the requirement, we blend in-house capabilities, third party managers and passive exposures where appropriate. In this role, he is responsible for both asset allocation and manager selection, with a focus on multi-asset class investing that integrates non-traditional and alternative investments into allocation models. Richard co-manages Aberdeens US-based multi-asset allocation strategies as well as a diversified mutual fund of alternative investments. He graduated with a BS in finance from Villanova University and MBA in finance from the Simon School at the University of Rochester and is a CFA

DoubleTree by Hilton Bloomington Minneapolis South Names Robert Pottberg As New General Manager to Newly Renovated Property

Monday, October 7th, 2013


Bloomington, MN/Denver, CO (PRWEB) October 01, 2013

Officials of Richfield Hospitality, a leading hotel management company, announced the appointment of Robert Pottberg as the new general manager of the newly renovated Doubletree by Hilton Bloomington Minneapolis South hotel.

Pottberg most recently served as general manager of the Crowne Plaza Syracuse hotel in Syracuse, NY. He has over 20+ years of industry experience and has held numerous senior leadership positions with Hilton, IHG, Starwood and Omni hotel organizations.

Pottberg will take the reins at a crucial time in the hotels history, according to Greg Mount, president of Denver-based Richfield Hospitality. The hotel has just completed a multi-million dollar renovation that included all public spaces, meeting rooms and guest rooms of the main tower. This landmark hotel will continue to benefit from this fresh, contemporary refresh, as it is host to weddings, anniversaries, conventions, business meetings and other special occasions.

We are excited to move Pottberg into this iconic Bloomington hotel to further its success, said Mount. Robert Pottberg is a proven General Manager with exceptional operational and fiscal leadership. He does a terrific job maintaining key relationships with clientele, service teams and owner representatives. Best of all, he knows how to energize a hotel to capture the lions share of the marketplace.

With the completion of its extensive renovation, the hotel is reclaiming its position as the premier business and events destination in the Twin Cities. Located in the heart of Bloomington at 7800 Normandale Blvd., the DoubleTree by Hilton Bloomington is just 10 minutes from the Minneapolis-St. Paul International Airport and the Mall of America. The hotel is the largest in Bloomington and has the Twin Cities second largest hotel meeting space, with 38 meeting rooms aggregating 70,000 square feet of space, capable of accommodating groups ranging in size from five to 1,250 people.

About Richfield Hospitality

Richfield Hospitality, Inc. is a leading hotel management company with a premier track record of maximizing profitability and improving asset values for hotel owners. From hotel operations and property management to electronic distribution and interactive marketing, Richfield achieves superior operating results through its strong commitment to guests, employees and owners. Based in Denver, Richfield is part of City Developments Limited, one of the worlds largest real estate, hotel investment and technology conglomerates with a market capitalization exceeding US$ 7 billion. Additional information about Richfield Hospitality may be found at the companys website: http://www.richfield.com.







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Monday, October 7th, 2013

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Sunday, October 6th, 2013

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