May 2022 Cerini Connection

Topic: Workplace Trends

Since the start of the pandemic, many companies have adopted a hybrid model, meaning that it is time to revaluate your space and how it is used. Join us as we talk to Paul G. Wolf, Co-Founder & President, Denham Wolf Real Estate Services. In the conversation we will cover:

– What does your office need to look like to ensure all people feel comfortable and health concerns are addressed
– How has your space changed and how to use it most effectively
– At what point should you revaluate your lease and best practices to do so

(Originally aired 5/13/22)

ABOUT OUR GUEST SPEAKER

Paul G. Wolf
Co-Founder & President
Paul is an established leader in the field of real estate, with more than 30 years of development, brokerage, and nonprofit consulting experience. Paul’s expertise is shaped by a breadth and depth of experience in New York City real estate and is proven by his strong record of realizing complex projects. Paul’s insights and creative approaches bolster the expertise of Denham Wolf’s diverse staff, bringing to bear a high level of technical excellence for every client.

As a principal of Denham Wolf, Paul has provided strategic guidance and technical expertise for a range of arts, cultural, community development, healthcare, social service, and educational organizations. He regularly advises nonprofits on major development projects, represents tenants in acquiring and divesting property, advises organizations on team assembly for major capital projects, helps nonprofits secure project financing through traditional and less conventional routes, and provides strategic planning guidance to help ensure that a nonprofit’s real estate is in service to its mission. Working collaboratively with nonprofits to articulate their real estate needs and organizational goals, Paul positively shapes each client’s strategic real estate decisions and grows their capacity to keep mission first.

Paul has spearheaded numerous projects that have shaped the cultural and civic fabric of New York City. For St. Luke in the Field, Paul supported the faith-based institution in evaluating their property’s potential, running a developer selection process, and negotiating a 99-year lease for a new development, which will provide program-sustaining cash flow. In working with Covenant House, Paul helped lead the selection of a developer to purchase part of the nonprofit’s real estate and develop a state-of-the-art shelter for Covenant House, which also catalyzed an additional 400,000 sf of new development. Paul also represented a foundation in the purchase of a 60,000 sf building in the East Village, the first step in a unique process that will preserve the building for community use.

Prior to co-founding Denham Wolf with Jon Denham in 1998, Paul served as Senior Vice President of Asset Management at the New York City Economic Development Corporation. Paul regularly presents and guest lectures at institutions such as Columbia University, Yale University, Brooklyn College, and Nonprofit New York. He currently serves on the board of the STREB Lab for Action Mechanics.

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