The Real Deal New York

From the April issue: The battle to be the top commercial listing brokerage in Midtown is surprisingly fierce between rivals CB Richard Ellis and Cushman & Wakefield. And successful leasing transactions over the coming months could determine who leads the way when the economy recovers. Top national firms represent more than 41 million square feet of vacant space in the Manhattan office market today, and every foot represents not only potential commission income, but also space that each company could fail to lease. While CBRE and Cushman are neck and neck when it comes to Midtown listings, Downtown is a different story. CBRE has made a strategic bet and taken on far more assignments than rival Cushman. And in the smaller Midtown South market, Cushman holds a comfortable advantage. [more]