Joe Caraciolo Promoted To Vice President & Director Of Engineering And Construction Of Swig Equities

Kent M. Swig, President of Swig Equities, LLC is pleased to announce the promotion of Joe Caraciolo to Vice President and Director of Engineering and Construction Services for Swig Equities, LLC, one of New York’s premier commercial real estate firms. Mr. Caraciolo has been serving as Director of Engineering Services for Swig Equities where he continues to supervise all in-house engineering services as well as adding all construction projects such as tenant interiors and building-wide renovations.

“I am delighted to add additional responsibilities to Joe’s work responsibilities at Swig Equities. He has continuously proven his professional and creative skills, and we are excited to see him take on more leadership responsibilities at Swig Equities in this new position,” said Kent M. Swig, President of Swig Equities.

Mr. Caraciolo will now be responsible for the coordinating of all tenant construction and capital improvement work throughout Swig Equities commercial portfolio in addition to supervising all building engineering projects.

“I appreciate the confidence that Kent has shown me with this promotion,” said Joseph Caraciolo, “ and I am proud to be a part of a highly regarded firm that allows me to grow in this professional capacity.”

Caraciolo began his career in building management at New York’s Rockefeller Center after completing a four year tour of service in the United States Navy working as a chief engineer in a nuclear powered submarine.

Prior to ascending to his current position, Mr. Caraciolo served as Chief Engineer of 48 Wall Street for the company since 2001. 48 Wall Street is a landmark 34 story, 324,000 square foot commercial property in FiDi (Financial District), that recently underwent a $60 million renovation while maintaining the historic qualities of the property and creating a first class, state of the art environment for it’s tenancy.

Swig Equities, LLC is a real estate development, investment and management firm based in New York City with offices in San Francisco. The firm is an active purchaser and developer of prime residential and commercial buildings as well as operating companies and securities. Over the past few years, Swig Equities has purchased in excess of $2.5 billion of properties, which includes the purchase of 110 William Street, ; the purchase of 90 Broad Street, a 25-story; the purchase and renovation of 80 Broad Street; the purchase and renovation of historic 48 Wall Street; the purchase and renovation of 44 Wall Street; the purchase and renovation of 5 Hanover Square; the purchase of 770 Lexington Avenue; and the purchase of 450 Sansome Street.

44 Wall Street,
New York, NY‎
(212) 422-3464

This release was published on openPR.