Press Release

SWIG EQUITIES PURCHASES RENEWABLE GREEN ENERGY FOR COMMERCIAL PORTFOLIO IN MANHATTAN’S FiDi NEIGHBORHOOD

NEW YORK – February 16, 2011 – Kent M. Swig, President of Swig Equities, LLC, is pleased to announce that the firm has purchased clean, renewable energy for 80% of its commercial office buildings in Manhattan’s FiDi (Financial District) neighborhood. Swig Equities signed a one-year contract with Green Mountain Energy Company for the company to provide green electricity from sustainable sources.

Clean energy is 100% pollution-free and produced entirely from renewable sources, such as wind, meaning the resources used to make them are naturally replenished and virtually inexhaustible. The increased use of renewable electricity in the United States means less of our electricity will have to come from limited and polluting fossil fuel resources, such as coal and oil.

“We are delighted to launch this major green initiative, which is a sound business decision on all levels,” said Mr. Swig. “It was a natural fit for us to bring renewable energy as part of our focus to regularly upgrade and improve our buildings with the finest state-of-the-art facilities in the country. This is a responsible move that respects the values of our tenants who share our commitment to protecting and caring for the environment.”

According to Green Mountain Energy Company, clean, renewable energy helps preserve and protect the environment for future generations. It also creates employment opportunities in the green job sector and helps secure America’s energy future by investing in domestic sources of energy.

“We will be integrating additional energy reduction programs as the year progresses as part of our overall commitment to reducing energy consumption and greening our portfolio. Our additional efforts also include recycling, use of green cleaning materials, and reducing water consumption,” said Norman Zeller , Senior Vice President and Director of Property Management, Swig Equities, LLC.

KENT SWIG ATTENDS THE MUSEUM OF AMERICAN FINANCE ANNUAL GALA IN HONOR OF BLACKSTONE CHAIRMAN PETER G. PETERSON

NEW YORK – January 13, 2011 – On January 10, 2011, Kent Swig, President of Swig Equities, LLC, joined nearly 200 guests at the Museum of American Finance Annual Gala in honor of Blackstone Group chairman emeritus Peter G. Peterson, who was presented with the 2011 John C. Whitehead Award for Distinguished Public Service and Financial Leadership. The gala dinner took place at 48 Wall Street, home of the Museum and a landmark building owned by Swig Equities.

Kent M. Swig with Kerk and Bryce MacDonald at Museum of American Finance Dinner ©Elsa Ruiz

Pictured in photo: Kent Swig (center) with Kirk MacDonald (right) and son Bryce MacDonald (left), of MacDonald & Cie, at the Museum of American Finance Annual Gala at 48 Wall Street on January 10, 2011.


The Museum of American Finance, an affiliate of the Smithsonian Institute, annually presents the John C. Whitehead award to a person who has demonstrated a high order of achievement and leadership in the field of finance, and also served with notable distinction in the public sector. The Museum is the nation’s only public museum dedicated to finance, entrepreneurship and the open market system. With its extensive collection of financial documents and objects, its seminars and educational programming, its publication and oral history program, the Museum portrays the breadth and richness of American financial history achievement and practices.

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Press Release: Swig Equities announces an 18,000 Square Foot Lease signed at 80 Broad Street

 

SWIG EQUITIES ANNOUNCES AN 18,000 SQUARE FOOT LEASE SIGNED AT 80 BROAD STREET

Kent Swig 80 Broad StNEW YORK  –  October 14, 2010 – Swig Equities is pleased to announce that it has signed a new lease with Faunus Group International (FGI) at 80 Broad Street, a 400,000 square foot commercial office building located in the heart of Manhattan’s FiDi (Financial District) neighborhood. The lease represents both a lease renewal and space expansion for the headquarters of FGI.

“We are thrilled with the confidence shown in 80 Broad and Swig Equities by FGI. We welcome its continued and expanded presence within our building,” said Kent M. Swig, President, Swig Equities.

Jamie Drummond, Steven Jaray and Sheena Gohil of Colliers International represented FGI in its expansion and lease extension. FGI previously occupied a 6,600 square feet portion of the 22nd floor and has now expanded to the entire 22nd and 34th floors for a total of over 18,000 square feet for an 11-year term.  Todd E. Korren of Swig Equities represented the landlord.

80 Broad Street, built in 1930 and designed by architects Sloan & Robertson, is a 36-story 400,000 square foot, recently renovated, first class office building. The property is free standing with windows on all four sides offering abundant light, air and unobstructed views from the tower floors.

“Both tenants and brokers recognize our esteemed reputation for providing excellent customer service and trust.  The 80 Broad Street exterior, lobby and operating systems have all been modernized and the building remains a value to tenants while also maintaining its historic pre-war design, which we believe appeals to many tenants,” said Todd E. Korren, Senior Vice President and Director of Leasing and Operations for Swig Equities.

Currently, some of the major tenants at 80 Broad include: Vera Institute of Justice, McGivney & Kluger, P.C., Moed deArmas & Shannon, Aegis Communications Group, Inc., First Republic Bank and Vincenti & Vincenti.