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Cooper Horowitz Inc

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Cooper-Horowitz taps Winick directors to lead new investment sales platform

As the industry consolidates, Cooper-Horowitz is getting in on the current hiring frenzy by launching an investment sales platform.

The mortgage brokerage has tapped Elana Tsyganko and Max Kostikov, both previously directors of Winick Realty Group’s investment sales group, to lead its new platform, Commercial Observer reported.

“We’ve looked very carefully at launching an investment sales platform for some time and are very excited to have Elana and Max join,” said Richard Horowitz, a principal of Cooper-Horowitz. “Their experience and capabilities will help to grow the business as well as complement our existing services.”

Horowitz noted that part of the company’s motivation for launching the new platform was the fact that the industry is consolidating, and the firm wants to take advantage of the recent swell of available talent. For instance, in June , Eastern Consolidated announced it was closing down, freeing up the firm’s 100 brokers.

Exploring Westchester's Opportunity Zones

On Friday, April 5, The Fordham Real Estate Institute (REI), The Business Council of Westchester (BCW) and Westchester County Government brought together real estate professionals and local officials to unpack the biggest trend to impact commercial real estate in years: Opportunity Zones. As described by the IRS, an Opportunity Zone is, “an economically-distressed community where new investments, under certain conditions, may be eligible for preferential tax treatment." The standing-room only event was hosted at 800 Westchester Avenue in Rye Brook and took a deep dive into what Opportunity Zones are and how the program impacts the County’s eight municipalities that house them.

The morning began with remarks from Westchester County Executive George Latimer, who vowed to work with local municipalities to help them reap the biggest rewards possible from the federal program. “We each have a responsibility to help make our County the best it can be. We are dedicated partners to our cities and towns, and it will take partners to make a better Westchester,” he said.

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