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Prestigious Award Reflects Community Impact of Owner JPMorgan Chase And Quality of Property Services Team
New York - PM Realty Group today announced that Three and Four MetroTech Center, Class A trophy office buildings located in Brooklyn’s MetroTech Business Improvement District, won the Pinnacle Award for Corporate Facility of the Year from the Building Owners and Managers Association (BOMA). The buildings won both the New York and the Middle Atlantic Regional Conference Pinnacle Awards from BOMA, qualifying the property for the International Building of the Year award to be announced later this year.
Three and Four Chase MetroTech Center encompasses nearly 2 million square feet and is fully occupied by JPMorgan Chase's largest operations center. The decision by Chase Manhattan Bank (now JPMorgan Chase) to locate its operations center in the MetroTech Business Improvement District has been instrumental in the transformation of the Fort Greene/Clinton community. Bob White, senior property manager at PM Realty Group, oversees day-to-day operations at the property under the direction of Mark Hagendorf, senior vice president and portfolio manager for the JPMorgan Chase account in the Northeast.
“We are honored to work on behalf of this prominent New York corporate facility that provides benefits to JP Morgan Chase, its employees, the business community, and surrounding neighborhoods,” said Rick Kirk, president of PM Realty Group. “On behalf of PM Realty Group, I would like to congratulate Mark Hagendorf and the entire property management team for their stellar approach to delivering top quality property services to MetroTech Center. The group’s commitment to the property enhances its value and made possible this prestigious award.”
“Winners of the Pinnacle Award have always set the standard in New York, and New York has always set the standard for the industry. By bringing this award to Brooklyn, JPMorgan Chase proves that Brooklyn is a viable part of the New York office market. JPMorgan Chase has also been a model corporate citizen, fostering economic growth through philanthropic and community development activities,” said Ray Owens, senior vice president and director of the Eastern Division at PM Realty Group.
This year’s award marks the second consecutive year in which a New York City property managed by PM Realty Group was recognized by BOMA for its superior management and operations. Last year, 425 Lexington Avenue, a 31-story, Class A office building located in the heart of Midtown Manhattan, was awarded the New York and Middle Atlantic Regional Operating Office Building Pinnacle Awards for outstanding property management. To date, PM Realty Group has managed nine buildings that have won regional awards from BOMA and two buildings that were international award winners.
Since its inception in 1984, the Pinnacle Award (also known as the Office Building of the Year or TOBY) has become one of the most prestigious awards in the commercial real estate industry, recognizing superior quality in office buildings and awarding excellence in office building management. By winning the Pinnacle Award, the MetroTech Center joins well-known New York properties such as the Rockefeller Center, the Woolworth Building and the General Motors Building.
The Corporate Facility award is presented to a single-use facility where a corporate identity occupies at least half of the building. Throughout the judging process, contestant buildings are thoroughly evaluated on all facets of their operations, including tenant relations programs, community involvement, emergency evacuation procedures, continuing education for personnel and compliance with the Americans with Disabilities Act. | 
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