WORKING AT RIPCO

A typical day in the life.

TENANT REPRESENTATION

As experts, we work to stay ahead of the curve

Whether a retailer is exploring a flagship opportunity, broadening its presence, launching a new concept, expanding into additional cities or considering emerging markets, we will look to define a comprehensive strategy that meets their needs while guiding them through every step of the process.

As experts, we work to stay ahead of the curve, adapting to new strategies that keep up with the constant evolution of the market.

We start with competitive research and data analysis that illuminates retail trends, providing contextual understanding of a tenant’s place in the market and helping them to determine their goals.

No matter the type or size of a retailer, our role is always to provide guidance in making informed and confident decisions.

Why Ripco is uniquely qualified

Questions?

If you’d like to learn more about any of our services, get in touch with RIPCO Commercial Property Management today.

Our expert commercial property management team has a 35-year track record in real estate management, development and construction. Clients range from national institutions such as First Washington Realty to local portfolio owners.

RIPCO Real Estate is one of the most active brokers in the New York metropolitan area with 70 brokers responsible for 15 million SF in leased retail space. RIPCO maintains exclusive agreements with 90 national and regional tenants and hundreds of local tenants as well.

We incorporate the tenant perspective in maintenance and development decisions that mutually benefit both tenants and owners.​

Use of Yardi software and propriety metrics developed over 35 years offer the best-in-class reporting to make informed decisions that optimize value.

Questions?

If you’d like to learn more about any of our services, get in touch with RIPCO Commercial Property Management today.

Most Recent Listing

March 27, 2023

Most Recent Listing

March 27, 2023

Brokers

  • Jessica Hedrington
    212.750.6565
  • Michelle Abramov
    212.750.6565
  • Emily Kripitz Simmonds
    212.750.6565
  • Beth Rosen
    212.750.6565

Commercial Property Management and Development.

RIPCO Management incorporates retail leasing expertise with experienced property administration to manage and develop properties. We provide exceptional long-term value for owners, investors, tenants and customers.

Call Kali Valenzuela
516.342.8280
2021 - 2023

Notable Transactions

2021 - 2023

Notable Transactions

101 Seventh Avenued

This location was the home of the original Barneys in Chelsea. When Barneys moved uptown, this location became Loehmann’s. RIPCO provided consulting services to the owner of this retail condo when Loehmann’s filed for bankruptcy. It became apparent this local owner would consider selling and asked RIPCO to find an off-market buyer. RIPCO found a buyer and when Loehmann’s closed, RIPCO ended up leasing the premises back to Barneys.

102 Seventh Avenued

This location was the home of the original Barneys in Chelsea. When Barneys moved uptown, this location became Loehmann’s. RIPCO provided consulting services to the owner of this retail condo when Loehmann’s filed for bankruptcy. It became apparent this local owner would consider selling and asked RIPCO to find an off-market buyer. RIPCO found a buyer and when Loehmann’s closed, RIPCO ended up leasing the premises back to Barneys.

Seventh Avenue

This location was the home of the original Barneys in Chelsea. When Barneys moved uptown, this location became Loehmann’s. RIPCO provided consulting services to the owner of this retail condo when Loehmann’s filed for bankruptcy. It became apparent this local owner would consider selling and asked RIPCO to find an off-market buyer. RIPCO found a buyer and when Loehmann’s closed, RIPCO ended up leasing the premises back to Barneys.

Development Services

Development & Redevelopment

Our team is experienced in new tenant renovation, outparcel construction, building expansion, basement conversions and ground-up construction projects.

Construction

Established relationships with leading contractors allows us to efficiently coordinate projects and manage construction costs. We bring extensive relationships with zoning attorneys, architects, engineers, general contractors and sub-contractors to ensure projects are on budget and exceed expectations.

Strategic Planning

We are keenly aware of the many complexities to consider in how best to optimize the financial returns for any given property. With more than 35 years in real estate development and 20 years of retailer experience, we are uniquely positioned to advise you regarding long-term real estate solutions.

Management Services

Property Management

We ensure properties meet the highest standard for both cleanliness and safety. With extensive vendor relationships, we work within every owner’s budget to deliver optimal service for all scheduled repairs, maintenance, and any emergency requirements. With regular on-site visits and audits, we ensure your property is impeccably maintained at all times.

Leasing

With Ripco, owners are assured the expertise of one of the largest brokerage firms in the New York metropolitan area. We have handled the leasing for some of the largest developments and commercial landlords in the area.

Real-Time Reporting

The Yardi integrated platform is used to provide owners with real-time access to all data and reporting, including rent collection and cash flow. In addition, we use our proprietary key metrics to evaluate performance.

News

Management Team

Michael Korff, President

Michael Korff has more than 30 years of experience in the real estate industry in the New York Metropolitan Area. He has overseen the management and development of more than a million square feet including, tenant leasing, ground up construction, renovations, tenant t out, risk management, nancing and tax certiorari. Michael received his BS in Business Administration from Georgetown University, his Masters in Real Estate from NYU and is a member of the ICSC.

Kali Valenzuela, Vice President of Business Development and Client Services

Kali Valenzuela has more than 17 years of experience in the real estate industry in the New York metropolitan area. He has held various roles in acquisitions, asset management and business development while working for several prominent real estate development and investment firms. Prior to joining Ripco Management, Kali led the strategic investment initiatives of more than 1 million SF in commercial property including retail, mixed-use, multifamily and development projects. Kali received his BA in History from Bowdoin College, his Masters in Real Estate from NYU.

Jeffrey Riccio, VP Property Management

With over 25 years in the shopping center industry, Jeffrey has overseen property management of more than 4 million SF of retail space. Jeffrey previously served as the Director of Operations at General Growth Properties' Sunrise Mall in Massapequa, NY. Property Manager for Levin Management, and Regional Property Manager for Forest City Ratner Companies, where he oversaw the Queens and and Bronx properties. Jeffrey has been recognized by numerous organizations including the American Red Cross, Town of Babylon and the County of Suffolk for dedication and community service.

Mark Kaplan, Principal

Mark serves as the COO for Ripco, overseeing all day-to-day activities and is responsible for growth of the brokerage business, implementing new initiatives and establishing additional service lines. Prior to joining Ripco, Mark was a Principal of Kabro Associates, a privately-held real estate development and management company. Before joining Kabro, Mark was a large-loan CMBS originator at Credit Suisse. Mark is a co-founder of the Long Island Real Estate Group’s (LIREG) Next Generation Division and is an Executive Board Member. Mark earned his JD with honors from Columbia University where he was named a Harlan Fiske Stone Scholar and graduated with honors from Tulane University with a BSM in Finance. Mark is a licensed real estate broker and member of the New York State Bar Association.

Jay Feingold, Chief Financial Officer

Jay Feingold has more than fteen years experience in public accounting and private sector nance and has served as the company’s Chief Financial Of cer since 2006. Before joining MetroCapital Realty, Mr. Feingold held the position of Senior Audit Manager at Deloitte & Touche, LLP in New York. He is a graduate of the Florida State University and holds an active CPA license in the states of Florida and New York.

CURRENT DEVELOPMENT PROJECT

Bellmore, New York for Northwell.

Description

MetroRipco acquired several buildings in Bellmore, New York at the intersection of Beltagh and Bellmore Avenues. After securing multiple tenant relocations, the property was leased to Northwell Health under a redevelopment plan to include full exterior renovation and turnkey interior installation.

Before
After
Description

MetroRipco acquired several buildings in Bellmore, New York at the intersection of Beltagh and Bellmore Avenues. After securing multiple tenant relocations, the property was leased to Northwell Health under a redevelopment plan to include full exterior renovation and turnkey interior installation.

Andrew
Giller
Associate
Bryson
Boylan
Director, Investment Sales
Ari
Ravi
Executive Vice President, Investment Sales
Alison
Horbach
Vice President
Alex
Svetlakou
Executive Managing Director
Andreas
Efthymiou
Vice President
RIPCO has leased some of the most significant properties in the tri-state area.
RIPCO has leased some of the most significant properties in the tri-state area.
RIPCO has leased some of the most significant properties in the tri-state area.

Ready To Talk

Chicago
Name
Florida
Stephen Preuss
New York
Jessica Ryan
Ripco

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