Savills Studley's Ira Schuman and David Carlos Win REBNY's Most Ingenious Deal of the Year Award
New York, NY (May 5, 2015)  

Savills Studley is pleased to announce that Ira Schuman, Executive Vice President, and David Carlos, Managing Director, were the recipients of REBNY’s “Edward S. Gordon Most Ingenious Deal of the Year Award” for their work with Congregation Habonim. The award, which is presented annually to brokers who have demonstrated, “resourcefulness and originality in solving difficult problems in property negotiation,” was presented at the organization’s Annual Sales Brokers Committee’s Cocktail Party.

The team’s submission was entitled, “Divine Intervention or Deal: The Story of the Sale, Repurchase, Rebuilding and Temporary Home for Congregation Habonim.” The award-winning transaction involved selling the Congregation’s site along with the adjoining site, selecting and building a temporary home and reoccupying a portion of their original location in a new building. The result enabled the Congregation to more than double its size to 27,000 square feet.

“The challenge was finding a solution that would achieve the best end-result for the client when there didn’t seem to be one. Once we realized the answer was a sale, temporary relocation and a simultaneous transaction to reoccupy the space, we quickly realized we had created the best case scenario for all parties. Savills Studley’s approach will also result in a major addition to the Congregation’s endowment—a true win-win,” said Schuman. “It is an honor to be recognized by your peers for completing such a challenging and multifaceted deal.”

Schuman, along with his other partner Dan Horowitz, previously won REBNY’s Henry Hart Rice Award for Most Ingenious Deal of the Year in 2010 for their work with City University of New York.

“Savills Studley is honored to see its team recognized for its tireless work helping clients accomplish their real estate goals, something we strive to achieve at the highest level for every organization that we work for,” said Mitchell Steir, CEO of Savills Studley. “We congratulate Ira and David on their hard work, creativity and persistence working with Congregation Habonim—their solution truly was ingenious!”

About Savills Studley

Savills Studley is the leading commercial real estate services firm specializing in tenant representation. Founded in 1954, the firm pioneered the conflict-free business model of representing only tenants in their commercial real estate transactions. Today, supported by high quality market research and in-depth analysis, Savills Studley provides strategic real estate solutions to organizations across all industries. The firm’s comprehensive commercial real estate platform includes brokerage, project management, capital markets, consulting and corporate services. With 29 offices in the U.S. and Canada, and a heritage of innovation, Savills Studley is well known for tenacious client advocacy and exceptional service.

The firm is part of London-headquartered Savills plc, the premier global real estate service provider with over 30,000 professionals and over 700 locations around the world. Savills plc is listed on the London Stock Exchange (SVS.L).

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