Real Estate Weekly: Real estate industry raises more than $730,000 for Big Brothers Big Sisters of N

NEW YORK, Summer 2003--The real estate industry committee of Big Brothers Big Sisters of New York City raised more than $730,000 in support of the non-profit organization on its 4th annual Casino Jazz Night at Cipriani 42nd Street, according to Paul N. Glickman, an Executive Vice President of Cushman & Wakefield, a co-chair of the event and a Trustee of Big Brothers Big Sisters. The fund-raising event honored Blackacre Capital's Jeffrey B. Citrin for his dedication and contributions to Big Brothers Big Sisters of New York City.

The event was sold-out and attended by more than 750 guests. Mr. Citrin was honored and cited for his commitment to the organization and his fund-raising efforts, Mr. Glickman said. "Jeff is a leader in the New York City business community, and he's a leader in the philanthropic arena. His leadership has been vital to this organization and he is most deserving of this honor."

The event chairs, who played an instrumental role, in fundraising for the event were Robert Ivanhoe of Greenberg Traurig, Ronald Kravit of Blackacre Capital Management, Evan Kulman of Equity Office Properties Trust, Paul Pariser of Taconic Investment Partners, Craig Solomon of Solomon and Weinberg, and Darcy Stacom of CB Richard Ellis.

Big Brothers Big Sisters of New York City creates one-to-one relationships for needy youth with trained volunteers, helping more than 5,000 children and families. The one-to-one relationships on average last three years, many last a lifetime. Research has shown that: 70 percent of these children demonstrate improvements in school, 76 percent avoid criminal activity and 87 percent show higher self-esteem.