Longbridge promotes Melissa Macerato to president

The developers behind a fast-selling Gramercy condo project are making their next play across town.  T&E Development closed on a development site at 538-542 29th Street for $33.5 million. Einav Gelberg and Tomer Erlich’s firm is planning 76 condo units at the site, which sits between 10th and 11th avenues on the border of West…

There’s an old Yiddish proverb, “Man plans, and God laughs,” which highlights life’s unpredictability. This proverb comes into play for practitioners fashioning estate plans for their clients. It’s always important to draft for flexibility and have a Plan B that accounts for various contingencies that may arise. One such contingency is when a trust beneficiary…

Processing Content Key insight: Long considered a taboo or strictly for certain swaths of society, prenups have become more mainstream and part of clients’ needs.  What’s at stake: Advisors who have an understanding of how they work and when to bring them up can provide another service and perspective for their clients. Supporting data: A…

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Keystone Property Finance sales director Phil Riches will retire later this month, ending a career in financial services that has spanned five decades. Riches has spent the past 14 years at Keystone Property Finance, having joined in 2012 following its relaunch. He was appointed head of sales in 2013 before being promoted to sales…