We’ve developed the best appraisal software in the industry, enabling our team to focus on thoughtful valuation and exceptional client service.
We have one of the largest and most experienced appraisal teams in the country, with hundreds of years of combined valuation experience.
Leading financial institutions depend on our appraisals, from Fortune 500 companies to private lenders, and everything in between.
Bowery Valuation is the first tech-enabled appraisal firm that combines best-in-class appraisers with cutting-edge technology to deliver data-driven, high quality reports faster than anyone else in the industry.
Meet our Colorado TeamOur team of appraisers is one of the largest and most experienced in the nation, withhundreds of years of combined appraisal experience across commercial assets.
Contact UsLeading financial institutions depend on our appraisals, from Fortune 500 companies to private lenders, and everyone in between.
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Our team spans decades of experience, focusing on appraisals, with expertise in each local market.
Chief Executive Officer
Prior to co-founding Bowery, John worked at Leitner Group, now BBG, the largest independent appraisal firm in New York City. In his 4+ years there he valued over $3 billion of commercial property across all asset types. Frustrated with the antiquated process of appraising, but excited by the need for a better solution, he left to start Bowery with Noah and Cesar in June of 2015. John graduated Magna Cum Laude from the University of Pennsylvania with a degree in US History. He still aspires to become a chef, a filmmaker, and the first left handed shortstop for the San Francisco Giants.
General Certified Appraiser License - New York State
Prior to co-founding Bowery, John worked at Leitner Group, now BBG, the largest independent appraisal firm in New York City. In his 4+ years there he valued over $3 billion of commercial property across all asset types. Frustrated with the antiquated process of appraising, but excited by the need for a better solution, he left to start Bowery with Noah and Cesar in June of 2015. John graduated Magna Cum Laude from the University of Pennsylvania with a degree in US History. He still aspires to become a chef, a filmmaker, and the first left handed shortstop for the San Francisco Giants.
General Certified Appraiser License - New York State
Managing Director
Mr. Gollotti is the Managing Director of the New York City and Washington, D.C. offices who joined the firm in March 2018. He has been a part of the real estate industry since 2010, with his expertise in commercial real estate appraisal beginning in 2013.
Before his association with Bowery, Mr. Gollotti was an associate at the BBG/ Leitner Group in New York City. Prior to this, he served as a Development Associate for Arcadia Land Company, a Philadelphia-based real estate land developer and consultant emphasizing smart growth and traditional neighborhood design.
In his roles at both Bowery and the BBG/ Leitner Group, Mr. Gollotti appraised a diverse range of properties. These included multi-unit residential buildings/complexes, office structures, industrial buildings, retail centers, mixed-use establishments, senior living facilities, self-storage units, and developmental sites. His valuation experience extends beyond the New York City and Washington, D.C. metropolitan areas to various states across the U.S. He offers his services to a broad clientele, comprising commercial banks, property owners, private equity firms, attorneys, and developers.
Mr. Gollotti graduated from University of Pennsylvania with a Bachelor of Arts in Urban Studies and a minor in History.
MAI Designation
Certified General Real Estate Appraiser, State of New York
Certified General Real Estate Appraiser, State of Connecticut
Certified General Real Estate Appraiser, State of Delaware
Certified General Real Estate Appraiser, District of Columbia
Certified General Real Estate Appraiser, State of Illinois
Certified General Real Estate Appraiser, State of Indiana
Certified General Real Estate Appraiser, State of Kansas
Certified General Real Estate Appraiser, State of Maryland
Certified General Real Estate Appraiser, Commonwealth of Massachusetts
Certified General Real Estate Appraiser, State of Mississippi
Certified General Real Estate Appraiser, State of Missouri
Certified General Real Estate Appraiser, State of Nebraska
Certified General Real Estate Appraiser, State of New Jersey
Certified General Real Estate Appraiser, State of Ohio
Certified General Real Estate Appraiser, Commonwealth of Pennsylvania
Certified General Real Estate Appraiser, State of Rhode Island
Certified General Real Estate Appraiser, State of Vermont
Certified General Real Estate Appraiser, Commonwealth of Virginia
Certified General Real Estate Appraiser, State of Wisconsin
Mr. Gollotti is the Managing Director of the New York City and Washington, D.C. offices who joined the firm in March 2018. He has been a part of the real estate industry since 2010, with his expertise in commercial real estate appraisal beginning in 2013.
Before his association with Bowery, Mr. Gollotti was an associate at the BBG/ Leitner Group in New York City. Prior to this, he served as a Development Associate for Arcadia Land Company, a Philadelphia-based real estate land developer and consultant emphasizing smart growth and traditional neighborhood design.
In his roles at both Bowery and the BBG/ Leitner Group, Mr. Gollotti appraised a diverse range of properties. These included multi-unit residential buildings/complexes, office structures, industrial buildings, retail centers, mixed-use establishments, senior living facilities, self-storage units, and developmental sites. His valuation experience extends beyond the New York City and Washington, D.C. metropolitan areas to various states across the U.S. He offers his services to a broad clientele, comprising commercial banks, property owners, private equity firms, attorneys, and developers.
Mr. Gollotti graduated from University of Pennsylvania with a Bachelor of Arts in Urban Studies and a minor in History.
MAI Designation
Certified General Real Estate Appraiser, State of New York
Certified General Real Estate Appraiser, State of Connecticut
Certified General Real Estate Appraiser, State of Delaware
Certified General Real Estate Appraiser, District of Columbia
Certified General Real Estate Appraiser, State of Illinois
Certified General Real Estate Appraiser, State of Indiana
Certified General Real Estate Appraiser, State of Kansas
Certified General Real Estate Appraiser, State of Maryland
Certified General Real Estate Appraiser, Commonwealth of Massachusetts
Certified General Real Estate Appraiser, State of Mississippi
Certified General Real Estate Appraiser, State of Missouri
Certified General Real Estate Appraiser, State of Nebraska
Certified General Real Estate Appraiser, State of New Jersey
Certified General Real Estate Appraiser, State of Ohio
Certified General Real Estate Appraiser, Commonwealth of Pennsylvania
Certified General Real Estate Appraiser, State of Rhode Island
Certified General Real Estate Appraiser, State of Vermont
Certified General Real Estate Appraiser, Commonwealth of Virginia
Certified General Real Estate Appraiser, State of Wisconsin
Managing Director
Grace Kim is the Managing Director of the Seattle office at Bowery Valuation. She joined the firm in January 2022 and has been active in the commercial real estate appraisal industry since 2005. She has prepared valuations of proposed, partially completed, renovated, and existing structures. Valuation has encompassed multifamily, retail, office, industrial, land, and special purpose properties. Ms. Kim specializes in multifamily properties, having appraised well over 500 assets since 2015. These assignments have included garden/mid-rise, urban/high-rise, micro/congregate, student housing, and mixed-use developments across Washington and Idaho.
Before joining Bowery, Ms. Kim worked for Colliers International as a Valuation Services Director. She originally got her start at the local Seattle firm McKee & Schalka, where she was also responsible for trainee management and reviews.
Ms. Kim graduated from Berkeley in 2004 and is a member of CREW Seattle. She received the MAI designation in 2013 and the AI-GRS designation in 2023.
MAI Designation
AI-GRS Designation
Certified General Real Estate Appraiser, State of Washington
Certified General Real Estate Appraiser, State of Idaho
Certified General Real Estate Appraiser, State of Oregon
Certified General Real Estate Appraiser, State of Alaska
Certified General Real Estate Appraiser, State of Montana
Certified General Real Estate Appraiser, State of Wyoming
Certified General Real Estate Appraiser, State of North Dakota
Certified General Real Estate Appraiser, State of South Dakota
Grace Kim is the Managing Director of the Seattle office at Bowery Valuation. She joined the firm in January 2022 and has been active in the commercial real estate appraisal industry since 2005. She has prepared valuations of proposed, partially completed, renovated, and existing structures. Valuation has encompassed multifamily, retail, office, industrial, land, and special purpose properties. Ms. Kim specializes in multifamily properties, having appraised well over 500 assets since 2015. These assignments have included garden/mid-rise, urban/high-rise, micro/congregate, student housing, and mixed-use developments across Washington and Idaho.
Before joining Bowery, Ms. Kim worked for Colliers International as a Valuation Services Director. She originally got her start at the local Seattle firm McKee & Schalka, where she was also responsible for trainee management and reviews.
Ms. Kim graduated from Berkeley in 2004 and is a member of CREW Seattle. She received the MAI designation in 2013 and the AI-GRS designation in 2023.
MAI Designation
AI-GRS Designation
Certified General Real Estate Appraiser, State of Washington
Certified General Real Estate Appraiser, State of Idaho
Certified General Real Estate Appraiser, State of Oregon
Certified General Real Estate Appraiser, State of Alaska
Certified General Real Estate Appraiser, State of Montana
Certified General Real Estate Appraiser, State of Wyoming
Certified General Real Estate Appraiser, State of North Dakota
Certified General Real Estate Appraiser, State of South Dakota
Managing Director
John Musnuff is the managing director of the New Jersey and Pennsylvania offices at Bowery Valuation. He joined the firm in October 2020 and has worked in the real estate appraisal industry since 1986. Mr. Musnuff has appraised all types of commercial properties primarily in New Jersey, New York, and Pennsylvania. These properties include vacant land, farms, subdivisions, PUD projects, multi-family projects, industrial sites, offices, retail shopping centers, and special-use properties.
Before joining Bowery, Mr. Musnuff owned Musnuff Group, LLC, a boutique appraisal firm that conducted appraisals of commercial properties for lenders, governmental agencies (including condemning authorities), litigation support, and private concerns.
Prior to forming Musnuff Group, LLC, Mr. Musnuff worked at Integra Realty Resources, Izenberg Appraisal, and Appraisal Affiliates as a commercial appraiser. He also served at MGM Associates as the head of revaluation and commercial properties.
Mr. Musnuff graduated from Hamilton College with a Bachelor of Arts in Fine Arts and a minor in Mathematics.
MAI Designation
Certified Tax Assessor (CTA), State of New Jersey
Certified General Real Estate Appraiser, Commonwealth of Massachusetts
Certified General Real Estate Appraiser, State of Maryland
Certified General Real Estate Appraiser, State of New Jersey
Certified General Real Estate Appraiser, State of New York
Certified General Real Estate Appraiser, Commonwealth of Pennsylvania
Certified General Real Estate Appraiser, State of Rhode Island
Certified General Real Estate Appraiser, Washington D.C.
Certified General Real Estate Appraiser, State of Colorado
Certified General Real Estate Appraiser, State of Delaware
Certified General Real Estate Appraiser, State of Connecticut
Certified General Real Estate Appraiser, Commonwealth of Virginia
Certified General Real Estate Appraiser, State of Ohio
John Musnuff is the managing director of the New Jersey and Pennsylvania offices at Bowery Valuation. He joined the firm in October 2020 and has worked in the real estate appraisal industry since 1986. Mr. Musnuff has appraised all types of commercial properties primarily in New Jersey, New York, and Pennsylvania. These properties include vacant land, farms, subdivisions, PUD projects, multi-family projects, industrial sites, offices, retail shopping centers, and special-use properties.
Before joining Bowery, Mr. Musnuff owned Musnuff Group, LLC, a boutique appraisal firm that conducted appraisals of commercial properties for lenders, governmental agencies (including condemning authorities), litigation support, and private concerns.
Prior to forming Musnuff Group, LLC, Mr. Musnuff worked at Integra Realty Resources, Izenberg Appraisal, and Appraisal Affiliates as a commercial appraiser. He also served at MGM Associates as the head of revaluation and commercial properties.
Mr. Musnuff graduated from Hamilton College with a Bachelor of Arts in Fine Arts and a minor in Mathematics.
MAI Designation
Certified Tax Assessor (CTA), State of New Jersey
Certified General Real Estate Appraiser, Commonwealth of Massachusetts
Certified General Real Estate Appraiser, State of Maryland
Certified General Real Estate Appraiser, State of New Jersey
Certified General Real Estate Appraiser, State of New York
Certified General Real Estate Appraiser, Commonwealth of Pennsylvania
Certified General Real Estate Appraiser, State of Rhode Island
Certified General Real Estate Appraiser, Washington D.C.
Certified General Real Estate Appraiser, State of Colorado
Certified General Real Estate Appraiser, State of Delaware
Certified General Real Estate Appraiser, State of Connecticut
Certified General Real Estate Appraiser, Commonwealth of Virginia
Certified General Real Estate Appraiser, State of Ohio
Managing Director
Mr. Powell, MAI, is the Managing Director of the Florida office for Bowery Valuation. Mr. Powell has been a Managing Director with Cushman & Wakefield and Integra Realty Resources, operated his own firm, The SMP Group, and worked with other independent firms.
Mr. Powell entered the appraisal profession in 1992 at an independent firm in Erie, PA and joined the Appraisal Institute in 1995. He completed his MAI designation requirements in 2001, and in 2002 was invited by the Appraisal Institute to serve on the prestigious General Comprehensive Examination Subcommittee. Mr. Powell relocated to Florida (the Treasure Coast) in 2004 and has worked all over Florida.
Mr. Powell gained his clients’ trust through attention to detail and thorough research, and by routinely applying advanced methods of analysis over a broad scope of work. He has extensive practical knowledge in market analyses/feasibility studies, consulting, and market value appraisal reports for lending, litigation (including expert witness testimony), tax appeals, and condemnation.
Mr. Powell is actively engaged in all aspects of appraisal practice, including appraisal and analysis of various types of properties such as multifamily, office, industrial, retail and mixed-use, gas stations & convenience stores, various net leased properties, self-storage, marinas, golf courses, health clubs, other private clubs (e.g., tennis centers), and short-term rentals. He has extensive experience appraising all types of development sites, especially residential subdivisions (large and small), and regularly appraises going concerns. His clients include numerous banks/financial institutions, government institutions, attorneys, developers, and private investors.
Mr. Powell graduated from Pennsylvania State university with a Bachelor of Science.
MAI Designation
Certified General Real Estate Appraiser, State of Arizona
Certified General Real Estate Appraiser, State of Arkansas
Certified General Real Estate Appraiser, State of Colorado
Certified General Real Estate Appraiser, State of Florida
Certified General Real Estate Appraiser, State of Georgia
Certified General Real Estate Appraiser, State of Texas
Certified General Real Estate Appraiser, State of Mississippi
Certified General Real Estate Appraiser, State of Tennessee
Certified General Real Estate Appraiser, State of Texas
Certified General Real Estate Appraiser, State of Nevada
Mr. Powell, MAI, is the Managing Director of the Florida office for Bowery Valuation. Mr. Powell has been a Managing Director with Cushman & Wakefield and Integra Realty Resources, operated his own firm, The SMP Group, and worked with other independent firms.
Mr. Powell entered the appraisal profession in 1992 at an independent firm in Erie, PA and joined the Appraisal Institute in 1995. He completed his MAI designation requirements in 2001, and in 2002 was invited by the Appraisal Institute to serve on the prestigious General Comprehensive Examination Subcommittee. Mr. Powell relocated to Florida (the Treasure Coast) in 2004 and has worked all over Florida.
Mr. Powell gained his clients’ trust through attention to detail and thorough research, and by routinely applying advanced methods of analysis over a broad scope of work. He has extensive practical knowledge in market analyses/feasibility studies, consulting, and market value appraisal reports for lending, litigation (including expert witness testimony), tax appeals, and condemnation.
Mr. Powell is actively engaged in all aspects of appraisal practice, including appraisal and analysis of various types of properties such as multifamily, office, industrial, retail and mixed-use, gas stations & convenience stores, various net leased properties, self-storage, marinas, golf courses, health clubs, other private clubs (e.g., tennis centers), and short-term rentals. He has extensive experience appraising all types of development sites, especially residential subdivisions (large and small), and regularly appraises going concerns. His clients include numerous banks/financial institutions, government institutions, attorneys, developers, and private investors.
Mr. Powell graduated from Pennsylvania State university with a Bachelor of Science.
MAI Designation
Certified General Real Estate Appraiser, State of Arizona
Certified General Real Estate Appraiser, State of Arkansas
Certified General Real Estate Appraiser, State of Colorado
Certified General Real Estate Appraiser, State of Florida
Certified General Real Estate Appraiser, State of Georgia
Certified General Real Estate Appraiser, State of Texas
Certified General Real Estate Appraiser, State of Mississippi
Certified General Real Estate Appraiser, State of Tennessee
Certified General Real Estate Appraiser, State of Texas
Certified General Real Estate Appraiser, State of Nevada
Managing Director
Mr. Young is the Managing Director of California for Bowery Valuation and joined the firm in December of 2021. He has worked in the commercial real estate industry since 2007.
During his appraisal career, Mr. Young has worked on the valuation of a wide range of property types, including existing and proposed market-rate and affordable multi-family housing, low-rise and high-rise office, R&D, retail, industrial, automotive dealerships, and development land throughout the Southwest and the Midwest. He has expertise in institutional and non-institutional multi-family properties, having appraised well over 50,000 apartment units over his career. His team at Bowery has appraised over 400 multifamily and mixed-use (residential/commercial) assignments since launching the group in January of 2022. In addition, Mr. Young has been involved in the appraisal of over 5 million square feet of office in California over the prior year.
Before joining Bowery, Mr. Young was a Vice President at CBRE, where he was a top producer in Northern California and responsible for training and oversight of a team of appraisers in the Silicon Valley office. He spent over ten years within the appraisal department at CBRE prior to assisting with the launch of Bowery on the West Coast.
Mr. Young graduated from Northwestern University where he was a scholarship member of the golf team.
MAI Designation
Certified General Real Estate Appraiser, State of California
Certified General Real Estate Appraiser, State of Nevada
Certified General Real Estate Appraiser, State of New Mexico
Certified General Real Estate Appraiser, State of Hawaii
Certified General Real Estate Appraiser, State of Utah
Certified General Real Estate Appraiser, State of Arizona
Mr. Young is the Managing Director of California for Bowery Valuation and joined the firm in December of 2021. He has worked in the commercial real estate industry since 2007.
During his appraisal career, Mr. Young has worked on the valuation of a wide range of property types, including existing and proposed market-rate and affordable multi-family housing, low-rise and high-rise office, R&D, retail, industrial, automotive dealerships, and development land throughout the Southwest and the Midwest. He has expertise in institutional and non-institutional multi-family properties, having appraised well over 50,000 apartment units over his career. His team at Bowery has appraised over 400 multifamily and mixed-use (residential/commercial) assignments since launching the group in January of 2022. In addition, Mr. Young has been involved in the appraisal of over 5 million square feet of office in California over the prior year.
Before joining Bowery, Mr. Young was a Vice President at CBRE, where he was a top producer in Northern California and responsible for training and oversight of a team of appraisers in the Silicon Valley office. He spent over ten years within the appraisal department at CBRE prior to assisting with the launch of Bowery on the West Coast.
Mr. Young graduated from Northwestern University where he was a scholarship member of the golf team.
MAI Designation
Certified General Real Estate Appraiser, State of California
Certified General Real Estate Appraiser, State of Nevada
Certified General Real Estate Appraiser, State of New Mexico
Certified General Real Estate Appraiser, State of Hawaii
Certified General Real Estate Appraiser, State of Utah
Certified General Real Estate Appraiser, State of Arizona
Director
Andrew has over 30+ years of experience in real estate valuation. He joined Bowery in April of 2019. Prior to that he spent 4 years at BBG and 30 years at Bankers Trust and its successor Deutsche Bank, where he was the Head of Valuation for the Americas at Deutsche Bank, New York, NY. He started his career with Emigrant Savings Bank and Brown Harris Stevens.
At Deutsche Bank’s CRM-REV Appraisal Group for the Americas, he managed a group comprised of four to eight appraisers and additional external consultants. He was responsible for engaging, reviewing and managing national appraisal assignments for the CMBS Large Loan, Conduit, Warehouse, Bank Syndication, Special Situations and Private Wealth groups. Loan products included balance sheet loans, conduit loans, large loans, and floating rate transactions. Year end 2014 volume was in excess of $30B. He also handled consulting and due diligence assignments valuing NPL loans for Special Situations Group.
Additionally he took part in evaluating and conducting due diligence on international portfolios of distressed and corporate for sale assets. Assignments included portfolios in Canada, China, Ireland, England, Germany, Italy, Japan, Korea, Sweden, Slovakia and South Korea.
MAI Designation
Certified General Real Estate Appraiser, State of New Jersey
Certified General Real Estate Appraiser, State of New York
Certified General Real Estate Appraiser, State of Ohio
Andrew has over 30+ years of experience in real estate valuation. He joined Bowery in April of 2019. Prior to that he spent 4 years at BBG and 30 years at Bankers Trust and its successor Deutsche Bank, where he was the Head of Valuation for the Americas at Deutsche Bank, New York, NY. He started his career with Emigrant Savings Bank and Brown Harris Stevens.
At Deutsche Bank’s CRM-REV Appraisal Group for the Americas, he managed a group comprised of four to eight appraisers and additional external consultants. He was responsible for engaging, reviewing and managing national appraisal assignments for the CMBS Large Loan, Conduit, Warehouse, Bank Syndication, Special Situations and Private Wealth groups. Loan products included balance sheet loans, conduit loans, large loans, and floating rate transactions. Year end 2014 volume was in excess of $30B. He also handled consulting and due diligence assignments valuing NPL loans for Special Situations Group.
Additionally he took part in evaluating and conducting due diligence on international portfolios of distressed and corporate for sale assets. Assignments included portfolios in Canada, China, Ireland, England, Germany, Italy, Japan, Korea, Sweden, Slovakia and South Korea.
MAI Designation
Certified General Real Estate Appraiser, State of New Jersey
Certified General Real Estate Appraiser, State of New York
Certified General Real Estate Appraiser, State of Ohio
Director
Helen Peng is a Director at Bowery Valuation who joined in February 2019. Helen has over 35 years of experience in real estate valuation. The majority of her career was spent at Bankers Trust/Deutsche Bank. The first few years of her career was spent at Chase Manhattan Bank as an Appraiser with the last few years spent as a Director at BBG in New York City with the responsibility of Quality Control Reviewer.
At Deutsche Bank, Helen was a Director where she handled consulting, due diligence and prescreening of deals for various areas of the bank. Responsibilities include assessment of the transaction, cash flow analysis, market research, site visits and review of structure and documentation. Helen has also evaluated and conducted due diligence on domestic and international portfolios. Portfolios comprised of distressed mortgages and real estate owned assets. Travels covered Japan, Taiwan, South Korea, Sweden, Italy, France, Canada, Mexico, Czech Republic and Germany.
In addition, in her role as a Review Appraiser she ordered and reviewed appraisals, provided market data as well as opined on values for all property types on national basis.
During her tenure at Chase Manhattan Bank, Helen was a Second Vice President and Senior Staff Appraiser. Her experience involves writing and reviewing reports for various property types including commercial, industrial, residential and retail. Property located in Metropolitan and Suburban New York.
Ms. Peng graduated from University of Connecticut with a Bachelor of Science in Business Administration and a Diploma in Real Estate and Urban Economic Studies. Ms. Peng also graduated from New York University with a Master of Science in Real Estate and a Diploma in Real Estate Investment.
MAI Designation
AI-GRS Designation
General Certified Appraiser License, State of Arizona
General Certified Appraiser License, State of Connecticut
General Certified Appraiser License, State of Georgia
General Certified Appraiser License, State of New Jersey
General Certified Appraiser License, State of New Mexico
General Certified Appraiser License, State of New York
Former Faculty Member, Appraisal Institute
Former Faculty Member, Steven L. Newman Real Estate Institute at CUNY Baruch
Helen Peng is a Director at Bowery Valuation who joined in February 2019. Helen has over 35 years of experience in real estate valuation. The majority of her career was spent at Bankers Trust/Deutsche Bank. The first few years of her career was spent at Chase Manhattan Bank as an Appraiser with the last few years spent as a Director at BBG in New York City with the responsibility of Quality Control Reviewer.
At Deutsche Bank, Helen was a Director where she handled consulting, due diligence and prescreening of deals for various areas of the bank. Responsibilities include assessment of the transaction, cash flow analysis, market research, site visits and review of structure and documentation. Helen has also evaluated and conducted due diligence on domestic and international portfolios. Portfolios comprised of distressed mortgages and real estate owned assets. Travels covered Japan, Taiwan, South Korea, Sweden, Italy, France, Canada, Mexico, Czech Republic and Germany.
In addition, in her role as a Review Appraiser she ordered and reviewed appraisals, provided market data as well as opined on values for all property types on national basis.
During her tenure at Chase Manhattan Bank, Helen was a Second Vice President and Senior Staff Appraiser. Her experience involves writing and reviewing reports for various property types including commercial, industrial, residential and retail. Property located in Metropolitan and Suburban New York.
Ms. Peng graduated from University of Connecticut with a Bachelor of Science in Business Administration and a Diploma in Real Estate and Urban Economic Studies. Ms. Peng also graduated from New York University with a Master of Science in Real Estate and a Diploma in Real Estate Investment.
MAI Designation
AI-GRS Designation
General Certified Appraiser License, State of Arizona
General Certified Appraiser License, State of Connecticut
General Certified Appraiser License, State of Georgia
General Certified Appraiser License, State of New Jersey
General Certified Appraiser License, State of New Mexico
General Certified Appraiser License, State of New York
Former Faculty Member, Appraisal Institute
Former Faculty Member, Steven L. Newman Real Estate Institute at CUNY Baruch
Director
Cynthia Xu is a reviewer at Bowery Valuation who joined the firm in November 2020. She has worked in the real estate appraisal industry since 2007. Cynthia has appraised a wide variety of property types including office, industrial, retail centers, multifamily, mixed-use properties, land, residential, and subdivisions.
Before joining Bowery, Cynthia served as a Senior Appraiser at Ard Appraisal Company based in New Jersey performing appraisals of commercial properties for lenders, and governmental agencies including condemning authorities, litigation support, and private entities.
Cynthia graduated from Case Western Reserve University with double Master of Science degrees in Neuroscience and Management Information Systems.
MAI Designation
SRA Designation
AI-GRS Designation
General Certified Appraiser License, State of New Jersey
General Certified Appraiser License, State of Colorado
General Certified Appraiser License, State of Delaware
General Certified Appraiser License, State of Maryland
General Certified Appraiser License, State of New York
General Certified Appraiser License, Commonwealth of Pennsylvania
General Certified Appraiser License, State of Rhode Island
General Certified Appraiser License, Commonwealth of Virginia
General Certified Appraiser License, Commonwealth of Massachusetts
General Certified Appraiser License, Washington, D.C.
General Certified Appraiser License, State of South Carolina
General Certified Appraiser License, State of North Carolina
Certified General Real Estate Appraiser, State of Maine
Licensed Referral Agent, State of New Jersey
Cynthia Xu is a reviewer at Bowery Valuation who joined the firm in November 2020. She has worked in the real estate appraisal industry since 2007. Cynthia has appraised a wide variety of property types including office, industrial, retail centers, multifamily, mixed-use properties, land, residential, and subdivisions.
Before joining Bowery, Cynthia served as a Senior Appraiser at Ard Appraisal Company based in New Jersey performing appraisals of commercial properties for lenders, and governmental agencies including condemning authorities, litigation support, and private entities.
Cynthia graduated from Case Western Reserve University with double Master of Science degrees in Neuroscience and Management Information Systems.
MAI Designation
SRA Designation
AI-GRS Designation
General Certified Appraiser License, State of New Jersey
General Certified Appraiser License, State of Colorado
General Certified Appraiser License, State of Delaware
General Certified Appraiser License, State of Maryland
General Certified Appraiser License, State of New York
General Certified Appraiser License, Commonwealth of Pennsylvania
General Certified Appraiser License, State of Rhode Island
General Certified Appraiser License, Commonwealth of Virginia
General Certified Appraiser License, Commonwealth of Massachusetts
General Certified Appraiser License, Washington, D.C.
General Certified Appraiser License, State of South Carolina
General Certified Appraiser License, State of North Carolina
Certified General Real Estate Appraiser, State of Maine
Licensed Referral Agent, State of New Jersey
Senior Vice President
Brandon Goodman is a Senior Vice President at Bowery Valuation who joined the firm in February 2021. He has worked in the real estate appraisal industry since 2015 and has experience in the valuation of a wide variety of property types including investment-grade office buildings, multi-tenant retail, mixed-use apartment buildings, industrial, vacant land, and luxury condominium development, as well as air rights valuation and ground lease valuation.
Prior to joining Bowery, Brandon served as a Senior Valuation Associate at CBRE based in New York City.
Brandon graduated from Emory University with a Bachelor of Arts Degree in Economics. He also graduated from NYU Stern with an MBA with a specialization in Real Estate, Finance, and Management.
MAI Designation
Certified General Real Estate Appraiser, State of New Jersey
Certified General Real Estate Appraiser, State of New York
Certified General Real Estate Appraiser, Commonwealth of Pennsylvania
Brandon Goodman is a Senior Vice President at Bowery Valuation who joined the firm in February 2021. He has worked in the real estate appraisal industry since 2015 and has experience in the valuation of a wide variety of property types including investment-grade office buildings, multi-tenant retail, mixed-use apartment buildings, industrial, vacant land, and luxury condominium development, as well as air rights valuation and ground lease valuation.
Prior to joining Bowery, Brandon served as a Senior Valuation Associate at CBRE based in New York City.
Brandon graduated from Emory University with a Bachelor of Arts Degree in Economics. He also graduated from NYU Stern with an MBA with a specialization in Real Estate, Finance, and Management.
MAI Designation
Certified General Real Estate Appraiser, State of New Jersey
Certified General Real Estate Appraiser, State of New York
Certified General Real Estate Appraiser, Commonwealth of Pennsylvania
Senior Vice President
Maren Lewis, MAI, is a Senior Vice President at Bowery Valuation who joined the firm in October 2019. She has worked in the real estate industry since 2004, with commercial real estate appraisal experience since 2017.
Ms. Lewis has appraised multifamily rental buildings, condo and cooperative buildings, developable land, ground up construction sites, retail properties, hotels, and special-use properties, such as schools and other community facility properties primarily in the New York metro area.
Prior to joining Bowery, Ms. Lewis served as a Valuation Associate at BBG, Inc. based in New York City.
Prior to her time at BBG Inc., Ms. Lewis worked for the Hotel Finance Group at Credit Agricole Corporate and Investment Bank, formerly known as Credit Lyonnais, for 8 years as a Credit Analyst and Junior Relationship Manager. In this role, she prepared detailed credit recommendations to senior management, including designing and creating detailed financial projection models and assisting in the process to structure and execute corporate and asset-backed financing opportunities for single assets and hotel companies. Additionally, this role included arranging for all due diligence requirements and monitoring the financial performance on a monthly basis.
Prior to Credit Lyonnais, Ms. Lewis worked in the Kenneth Leventhal Real Estate Group at Ernst & Young, LLP. In this consulting group, she valued real estate portfolios and performed market studies, including research of economic and demographic trends, assessment of market supply and demand, interviews of market participants, and analysis of historical market and segment performance.
Ms. Lewis graduated from Cornell University with a Bachelor of Science with a focus on the hospitality industry and a concentration in finance.
MAI Designation
General Certified Appraiser License, State of New Jersey
General Certified Appraiser License, State of New York
General Certified Appraiser License, State of Michigan
General Certified Appraiser License, State of Illinoise
Maren Lewis, MAI, is a Senior Vice President at Bowery Valuation who joined the firm in October 2019. She has worked in the real estate industry since 2004, with commercial real estate appraisal experience since 2017.
Ms. Lewis has appraised multifamily rental buildings, condo and cooperative buildings, developable land, ground up construction sites, retail properties, hotels, and special-use properties, such as schools and other community facility properties primarily in the New York metro area.
Prior to joining Bowery, Ms. Lewis served as a Valuation Associate at BBG, Inc. based in New York City.
Prior to her time at BBG Inc., Ms. Lewis worked for the Hotel Finance Group at Credit Agricole Corporate and Investment Bank, formerly known as Credit Lyonnais, for 8 years as a Credit Analyst and Junior Relationship Manager. In this role, she prepared detailed credit recommendations to senior management, including designing and creating detailed financial projection models and assisting in the process to structure and execute corporate and asset-backed financing opportunities for single assets and hotel companies. Additionally, this role included arranging for all due diligence requirements and monitoring the financial performance on a monthly basis.
Prior to Credit Lyonnais, Ms. Lewis worked in the Kenneth Leventhal Real Estate Group at Ernst & Young, LLP. In this consulting group, she valued real estate portfolios and performed market studies, including research of economic and demographic trends, assessment of market supply and demand, interviews of market participants, and analysis of historical market and segment performance.
Ms. Lewis graduated from Cornell University with a Bachelor of Science with a focus on the hospitality industry and a concentration in finance.
MAI Designation
General Certified Appraiser License, State of New Jersey
General Certified Appraiser License, State of New York
General Certified Appraiser License, State of Michigan
General Certified Appraiser License, State of Illinoise
Senior Vice President
Harry C. Newstreet is a Senior Vice President at Bowery Valuation who joined the firm in June 2021. Mr. Newstreet can perform a wide variety of real estate services that cover the entire spectrum of the real estate appraisal field including property appraisal, acquisition, feasibility, development and counseling, as well as in specialized areas such as expert witness testimony in condemnation for right-of-way, valuation, tax problems and other real estate matters. Mr. Newstreet has completed both form and narrative appraisals of nearly every variety of residential and commercial property, including a specialty in outdoor advertising.
Before joining Bowery, Mr. Newstreet owned and operated his own appraisal firm. He is qualified as an expert witness in Federal and State Courts in Florida, North Carolina and Pennsylvania and has performed appraisal services in the following states; Florida, Georgia, New York, New Hampshire, North Carolina, South Carolina, Tennessee, Kentucky, Washington, Alabama, Pennsylvania, Texas, Virginia, Wisconsin and Michigan.
Mr. Newstreet graduated from Florida State University.
MAI Designation
Certified General Real Estate Appraiser, State of Florida
Certified General Real Estate Appraiser, State of Oklahoma
Certified General Real Estate Appraiser, State of North Carolina
Certified General Real Estate Appraiser, State of Tennessee
Harry C. Newstreet is a Senior Vice President at Bowery Valuation who joined the firm in June 2021. Mr. Newstreet can perform a wide variety of real estate services that cover the entire spectrum of the real estate appraisal field including property appraisal, acquisition, feasibility, development and counseling, as well as in specialized areas such as expert witness testimony in condemnation for right-of-way, valuation, tax problems and other real estate matters. Mr. Newstreet has completed both form and narrative appraisals of nearly every variety of residential and commercial property, including a specialty in outdoor advertising.
Before joining Bowery, Mr. Newstreet owned and operated his own appraisal firm. He is qualified as an expert witness in Federal and State Courts in Florida, North Carolina and Pennsylvania and has performed appraisal services in the following states; Florida, Georgia, New York, New Hampshire, North Carolina, South Carolina, Tennessee, Kentucky, Washington, Alabama, Pennsylvania, Texas, Virginia, Wisconsin and Michigan.
Mr. Newstreet graduated from Florida State University.
MAI Designation
Certified General Real Estate Appraiser, State of Florida
Certified General Real Estate Appraiser, State of Oklahoma
Certified General Real Estate Appraiser, State of North Carolina
Certified General Real Estate Appraiser, State of Tennessee
Senior Vice President
Michelle Zell is a Senior Vice President at Bowery Valuation, who joined the firm in October 2019. She has worked in the real estate appraisal industry for 19 years.
Ms. Zell has appraised multi-family, condominium and cooperative apartment buildings, retail properties, office buildings, restaurants, industrial properties, hotels, and vacant land properties in New York, New Jersey, Connecticut, Pennsylvania, Texas, Georgia, Louisiana and Florida. Ms. Zell specializes in managing large portfolios, appraising large scale existing and proposed developments, appraisals for EB-5 financing, market studies, and appraisals for litigation and condemnation proceedings, as well as trust and estate needs.
Ms. Zell performs and manages appraisals for Israeli bond issuances in excess of $1B, and has extensive experience providing appraisals for financial reporting on the Israeli bond market since 2012. She specializes in serving as a liaison between the appraisers, the audit firms and the Israeli Security Authority.
Significant appraisal assignments include Peter Cooper Village/Stuyvesant Town, a rental apartment complex in New York City with 12,000 units, the condominium conversion of The Apthorp and the Belnord, two large scale prewar landmarked developments in Manhattan, 70 Pine Street, the 1M square foot former AIG headquarters converted to rental apartments, hotel, private club, restaurant and retail space, 701 7th Avenue, a proposed hotel and retail development located in Times Square and valued at $2B, market rent determination for Bell Works- the former Ball Labs in Holmdel, NJ, and multiple large developments for EB-5 financing including The Armature Works in Washington DC (a proposed mixed use retail, apartment and hotel development), 1 Journal Square (a proposed mixed use development in Jersey City), The Retail at Nassau Coliseum (proposed retail and entertainment complex adjacent to Nassau Coliseum), and Pacific Park (a proposed development of 15 land parcels to be developed with high rise residential, condominium, office and school buildings).
Before joining Bowery, Ms. Zell served as a Senior Appraiser at BBG (formerly Leitner Group) in New York City from 2003 through October 2019.
Ms. Zell graduated from Cornell University with a Bachelor of Science. She also graduated from Emory University with a Master of Public Health.
MAI Designation
Certified General Appraiser License, State of Florida
Certified General Appraiser License, State of Georgia
Certified General Appraiser License, State of Louisiana
Certified General Appraiser License, State of Maine
Certified General Appraiser License, Commonwealth of Massachusetts
General Certified Appraiser License, State of New Hampshire
Certified General Appraiser License, State of New York
Certified General Appraiser License, Commonwealth of Pennsylvania
Certified General Appraiser License, State of Tennessee
Certified General Appraiser License, State of Texas
Michelle Zell is a Senior Vice President at Bowery Valuation, who joined the firm in October 2019. She has worked in the real estate appraisal industry for 19 years.
Ms. Zell has appraised multi-family, condominium and cooperative apartment buildings, retail properties, office buildings, restaurants, industrial properties, hotels, and vacant land properties in New York, New Jersey, Connecticut, Pennsylvania, Texas, Georgia, Louisiana and Florida. Ms. Zell specializes in managing large portfolios, appraising large scale existing and proposed developments, appraisals for EB-5 financing, market studies, and appraisals for litigation and condemnation proceedings, as well as trust and estate needs.
Ms. Zell performs and manages appraisals for Israeli bond issuances in excess of $1B, and has extensive experience providing appraisals for financial reporting on the Israeli bond market since 2012. She specializes in serving as a liaison between the appraisers, the audit firms and the Israeli Security Authority.
Significant appraisal assignments include Peter Cooper Village/Stuyvesant Town, a rental apartment complex in New York City with 12,000 units, the condominium conversion of The Apthorp and the Belnord, two large scale prewar landmarked developments in Manhattan, 70 Pine Street, the 1M square foot former AIG headquarters converted to rental apartments, hotel, private club, restaurant and retail space, 701 7th Avenue, a proposed hotel and retail development located in Times Square and valued at $2B, market rent determination for Bell Works- the former Ball Labs in Holmdel, NJ, and multiple large developments for EB-5 financing including The Armature Works in Washington DC (a proposed mixed use retail, apartment and hotel development), 1 Journal Square (a proposed mixed use development in Jersey City), The Retail at Nassau Coliseum (proposed retail and entertainment complex adjacent to Nassau Coliseum), and Pacific Park (a proposed development of 15 land parcels to be developed with high rise residential, condominium, office and school buildings).
Before joining Bowery, Ms. Zell served as a Senior Appraiser at BBG (formerly Leitner Group) in New York City from 2003 through October 2019.
Ms. Zell graduated from Cornell University with a Bachelor of Science. She also graduated from Emory University with a Master of Public Health.
MAI Designation
Certified General Appraiser License, State of Florida
Certified General Appraiser License, State of Georgia
Certified General Appraiser License, State of Louisiana
Certified General Appraiser License, State of Maine
Certified General Appraiser License, Commonwealth of Massachusetts
General Certified Appraiser License, State of New Hampshire
Certified General Appraiser License, State of New York
Certified General Appraiser License, Commonwealth of Pennsylvania
Certified General Appraiser License, State of Tennessee
Certified General Appraiser License, State of Texas
Senior Vice President
Ross Wigon is a Senior Vice President at Bowery Valuation who joined the firm in February 2019. He has worked in the real estate appraisal industry since 2015 and has experience appraising multifamily, mixed-use, office, retail, and industrial properties in New York, New Jersey, Connecticut, Pennsylvania, Maryland, Florida, Texas, Indiana, Arkansas, and Tennessee.
Prior to joining Bowery, Mr. Wigon served as an Associate at BBG based in New York.
He received a Bachelor of Science in Business Administration from Boston University Questrom School of Business.
Certified General Real Estate Appraiser, State of Alabama
Certified General Real Estate Appraiser, State of California
Certified General Real Estate Appraiser, State of Connecticut
Certified General Real Estate Appraiser, State of Indiana
Certified General Real Estate Appraiser, Commonwealth of Massachusetts
Certified General Real Estate Appraiser, State of Michigan
Certified General Real Estate Appraiser, State of Missouri
Certified General Real Estate Appraiser, State of New Jersey
Certified General Real Estate Appraiser, State of New York
Certified General Real Estate Appraiser, State of North Carolina
Certified General Real Estate Appraiser, State of Ohio
Certified General Real Estate Appraiser, Commonwealth of Pennsylvania
Certified General Real Estate Appraiser, State of Tennessee
Certified General Real Estate Appraiser, State of Texas
Certified General Real Estate Appraiser, Commonwealth of Virginia
Ross Wigon is a Senior Vice President at Bowery Valuation who joined the firm in February 2019. He has worked in the real estate appraisal industry since 2015 and has experience appraising multifamily, mixed-use, office, retail, and industrial properties in New York, New Jersey, Connecticut, Pennsylvania, Maryland, Florida, Texas, Indiana, Arkansas, and Tennessee.
Prior to joining Bowery, Mr. Wigon served as an Associate at BBG based in New York.
He received a Bachelor of Science in Business Administration from Boston University Questrom School of Business.
Certified General Real Estate Appraiser, State of Alabama
Certified General Real Estate Appraiser, State of California
Certified General Real Estate Appraiser, State of Connecticut
Certified General Real Estate Appraiser, State of Indiana
Certified General Real Estate Appraiser, Commonwealth of Massachusetts
Certified General Real Estate Appraiser, State of Michigan
Certified General Real Estate Appraiser, State of Missouri
Certified General Real Estate Appraiser, State of New Jersey
Certified General Real Estate Appraiser, State of New York
Certified General Real Estate Appraiser, State of North Carolina
Certified General Real Estate Appraiser, State of Ohio
Certified General Real Estate Appraiser, Commonwealth of Pennsylvania
Certified General Real Estate Appraiser, State of Tennessee
Certified General Real Estate Appraiser, State of Texas
Certified General Real Estate Appraiser, Commonwealth of Virginia
Managing Director
John Musnuff is the managing director of the New Jersey and Pennsylvania offices at Bowery Valuation. He joined the firm in October 2020 and has worked in the real estate appraisal industry since 1986. Mr. Musnuff has appraised all types of commercial properties primarily in New Jersey, New York, and Pennsylvania. These properties include vacant land, farms, subdivisions, PUD projects, multi-family projects, industrial sites, offices, retail shopping centers, and special-use properties.
Before joining Bowery, Mr. Musnuff owned Musnuff Group, LLC, a boutique appraisal firm that conducted appraisals of commercial properties for lenders, governmental agencies (including condemning authorities), litigation support, and private concerns.
Prior to forming Musnuff Group, LLC, Mr. Musnuff worked at Integra Realty Resources, Izenberg Appraisal, and Appraisal Affiliates as a commercial appraiser. He also served at MGM Associates as the head of revaluation and commercial properties.
Mr. Musnuff graduated from Hamilton College with a Bachelor of Arts in Fine Arts and a minor in Mathematics.
MAI Designation
Certified Tax Assessor (CTA), State of New Jersey
Certified General Real Estate Appraiser, Commonwealth of Massachusetts
Certified General Real Estate Appraiser, State of Maryland
Certified General Real Estate Appraiser, State of New Jersey
Certified General Real Estate Appraiser, State of New York
Certified General Real Estate Appraiser, Commonwealth of Pennsylvania
Certified General Real Estate Appraiser, State of Rhode Island
Certified General Real Estate Appraiser, Washington D.C.
Certified General Real Estate Appraiser, State of Colorado
Certified General Real Estate Appraiser, State of Delaware
Certified General Real Estate Appraiser, State of Connecticut
Certified General Real Estate Appraiser, Commonwealth of Virginia
Certified General Real Estate Appraiser, State of Ohio
John Musnuff is the managing director of the New Jersey and Pennsylvania offices at Bowery Valuation. He joined the firm in October 2020 and has worked in the real estate appraisal industry since 1986. Mr. Musnuff has appraised all types of commercial properties primarily in New Jersey, New York, and Pennsylvania. These properties include vacant land, farms, subdivisions, PUD projects, multi-family projects, industrial sites, offices, retail shopping centers, and special-use properties.
Before joining Bowery, Mr. Musnuff owned Musnuff Group, LLC, a boutique appraisal firm that conducted appraisals of commercial properties for lenders, governmental agencies (including condemning authorities), litigation support, and private concerns.
Prior to forming Musnuff Group, LLC, Mr. Musnuff worked at Integra Realty Resources, Izenberg Appraisal, and Appraisal Affiliates as a commercial appraiser. He also served at MGM Associates as the head of revaluation and commercial properties.
Mr. Musnuff graduated from Hamilton College with a Bachelor of Arts in Fine Arts and a minor in Mathematics.
MAI Designation
Certified Tax Assessor (CTA), State of New Jersey
Certified General Real Estate Appraiser, Commonwealth of Massachusetts
Certified General Real Estate Appraiser, State of Maryland
Certified General Real Estate Appraiser, State of New Jersey
Certified General Real Estate Appraiser, State of New York
Certified General Real Estate Appraiser, Commonwealth of Pennsylvania
Certified General Real Estate Appraiser, State of Rhode Island
Certified General Real Estate Appraiser, Washington D.C.
Certified General Real Estate Appraiser, State of Colorado
Certified General Real Estate Appraiser, State of Delaware
Certified General Real Estate Appraiser, State of Connecticut
Certified General Real Estate Appraiser, Commonwealth of Virginia
Certified General Real Estate Appraiser, State of Ohio
Capital One
Cathay Bank
TD Bank
Wells Fargo
Santander Bank
New York Community Bank
ConnectOne Bank
Kearny Bank
Capital Bank
HomeStreet Bank
Greystone
Arbor Realty Trust
Sabal Capital Partners
Basis Investment Group
Community Preservation Corporation (CPC)
W Financial
IceCap Group
Castellan Real Estate Partners
S3 Capital
Madison Capital
Bowery’s technology limits the time our appraisers spend on manual data entry and streamlines the appraisal writing process, enabling our appraisers to focus on the things that matter most to our clients - delivering quality reports and service with fast turn-times.
About UsNew York, New York
61-63 Crosby Street,
Floor 3,
New York, NY 10012
(212) 634-9397
See the quality of a Bowery appraisal firsthand.
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