The Real Deal New York

Posts Tagged ‘Cushman & Wakefield’

  • John Elkann

    John Elkann

    John Elkann, the 38-year-old Agnelli family heir and Exor CEO, joined commercial brokerage Cushman & Wakefield as chairman of the firm’s Board of Directors Tuesday.

    Elkann follows Carlo Sant’Albano in the role. Sant’Albano also served as interim CEO after Glenn Rufrano’s departure last year, until Edward Forst was hired as president and CEO in December. He will now assume the operational role of International CEO at C&W, a newly-created position. Prior to joining C&W, Sant’Albano was CEO of Exor, which has been C&W’s controlling shareholder since 2007. [more]

  • From left: Chief executive of Cushman Edward Forst, chief executive of Citigroup Michael Corbat and 388 Greenwich Street

    From left: Chief executive of Cushman Edward Forst, chief executive of Citigroup Michael Corbat and 388 Greenwich Street

    In a quiet deal, global bank Citigroup has tapped Manhattan-based Cushman & Wakefield to manage all 27 million square feet of the company’s commercial property in the U.S., including its Tribeca headquarters. [more]

  • Robert Gibson exits Cushman for JLL

    April 01, 2014 09:40AM

    H&M at 589 Fifth Avenue (Inset: Robert Gibson)

    Robert Gibson, vice chair at Cushman & Wakefield, is joining JLL to head up the Manhattan retail division. [more]

  • From left: Neil Nguyen, chief executive of Sizmek and 401 Park Avenue South

    From left: Neil Nguyen, chief executive of Sizmek and 401 Park Avenue South

    Multinational digital ad agency Sizmek, a subsidiary of Digital Generation, inked a 21,100-square-foot lease for the entire fifth floor of Himmel + Meringoff Properties’ 401 Park Avenue South, on the corner of East 28th Street in Midtown South.

    The lease reportedly marks the end of a marketing push to fill 150,000 square feet in the roughly 200,000-square-foot building. [more]

  • Cushman's Helen Hwang and 1865 Broadway

    Cushman’s Helen Hwang and 1865 Broadway

    The American Bible Society has placed its 180,000-square-foot Columbus Circle headquarters on the market.

    The 12-story property at 1865 Broadway at West 61st Street, where the group has based its operations for 48 years, is expected to fetch $300 million or more. ABS then plans to lease a replacement office space or purchase another building. [more]

  • Harry Macklowe and 150 East 72nd Street

    Harry Macklowe and 150 East 72nd Street

    The retail condominium at the base of Macklowe Properties’ 150 East 72nd Street condominium conversion has been sold for around $20 million.

    RFR Realty picked up the retail spread, with includes a 4,000-square-foot ground floor space, with an additional 900 square feet of below-grade space, according to a release from Cushman & Wakefield. [more]

  • Cushman's Nat Rockett and 146-148 West 28th Street

    Cushman’s Nat Rockett and 146-148 West 28th Street

    Sovereign Partners tapped commercial brokerage Cushman & Wakefield to market the sale of its luxury residential building at 146-148 West 28th Street in Chelsea.

    Nat Rockett, Helen Hwang and Brian Szczapa of Cushman’s New York Capital Markets team are marketing the 28,072-square-foot property, which holds 12 apartment units. [more]

  • touraine-muss

    Jason Muss and 132 East 65th Street

    Family-owned, Queens-based landlord Muss Development bought a retail condo at Toll Brothers’ high-end condominium building, the Touraine, for $12 million.

    European café chain Le Pain Quotidien already inked a 15-year lease in the 5,000-square-foot space, located at 865 Lexington Avenue at East 65th Street. Cushman & Wakefield’s Gregory Tannor represented the tenant in the deal, while Jones Lang LaSalle brokers Yoav Oelsner and Glenn Tolchin represented Muss and the seller. [more]

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  • From left: Jonathan Resnick and 199 Water Street

    From left: Jonathan Resnick and 199 Water Street

    Western Union, the money transfer agent, will now lease its Financial District office directly from landlord Jack Resnick & Sons instead of subletting.

    Once a subtenant of Wells Fargo, the one-time telegraph company signed a ten-year direct lease with the owner of 199 Water Street for its 20,689-square-foot digs on the 29th floor.

    Asking rents were in the high $40s per square foot. [more]

  • ray-kelly

    Raymond Kelly

    Former New York Police Department Commissioner Raymond Kelly is breaking into real estate with a new role as president of risk management services at commercial brokerage Cushman & Wakefield.

    Kelly has served as special adviser to Governor Andrew Cuomo since he stepped down as commissioner at the end of last year. His job will involve heading up crisis management and working with clients to remove physical or cyber security issues. [more]

  • Screen Shot 2014-02-26 at 6.34.46 PM

    Green Mountain Coffee Roasters K-cups

    The inventor of the Keurig single-cup coffee brewer is moving into its first New York City office at 120 Fifth Avenue after signing a lease with landlord Bromley Companies for the entire third floor.

    After a redesign of the space by TPG Architecture, Green Mountain Coffee Roasters plan to conduct sales at the location on the corner of 17th Street in the Flatiron District. [more]

  • david-pennetta

    401 Broad Hollow Road and David Pennetta

    Cushman & Wakefield has hired former Oxford & Simpson Realty principal David Pennetta to lead the Long Island office, according to a spokesperson for the brokerage.

    Pennetta will serve as executive director of Cushman and senior managing director of the Melville bureau, at 401 Broad Hollow Road. In his role at Cushman, Pennetta will look to build up the sales team and find new business opportunities. He will report to Suzy Reingold, chief operating officer of the tri-state region, and Ron Lo Russo, president of the region. [more]

  • walter-de-maria

    From left: Walter de Maria and 421 East 6th Street

    The home and studio of the late sculptor Walter de Maria hit the market yesterday for $25 million. [more]

  • 1325-sixth

    1325 Sixth Avenue and Frank Doyle

    In recent months, the Paramount Group has booked up roughly 200,000 square feet in new or renewed lease deals at 1325 Sixth Avenue near 53rd Street in Midtown.

    Among the tenants were tech research firm Gartner Inc., financial consultancy Ingalls & Snyder, Merrill Communications and financial software company OpenLink. Gartner and Ingalls & Snyder both grabbed 25,000 square feet – on the 17th and 18th floors, respectively. Cushman & Wakefield broker Kevin Daily represented Gartner, while his colleague Michael Burgio represented Ingalls & Snyder.  [more]

  • 830-fountain

    Ofer Cohen and 830 Fountain Avenue

    Brooklyn-based developer Bawabeh Realty Holdings sold a 428,550-square-foot vacant parcel near the Gateway Center for $40 million after scrapping plans to build a big-box retail complex, The Real Deal has learned. [more]

  • Patrick Dugan

    Patrick Dugan

    Commercial real estate firm Cushman & Wakefield has poached former CBRE broker Patrick Dugan to serve as a director in the New York City office.

    Dugan will also managing the information technology team, according to a statement today from Cushman. [more]

  • Kenji Ota

    Kenji Ota

    Former Newmark Grubb Knight Frank managing director Kenji Ota has jumped ship for Cushman & Wakefield, according to a press release from Cushman.

    Ota joined Cushman as an executive director, departing a post in which he was responsible for business development and account management for commercial property owners and retail tenants, as well repositioning and property upgrades. [more]

  • 75-broad-studio

    75 Broad Street and “Say Yes to the Dress: Bridesmaids”

    Shortly after welcoming pasta company De Cecco, JEMB Realty has signed TV production company NorthSouth Productions to a 27,000-square-foot space at 75 Broad Street in the Financial District.

    NorthSouth agreed to pay rent in the mid-$30s per square foot for the 15th-floor space. Cushman & Wakefield broker Peter Cento, Frank Cento and Carlos Suarez represented JEMB Realty in the deal. The production company specializes in reality TV fare such as A&E’s “Paranormal Cops” and TLC’s “Say Yes to the Dress: Bridesmaids.” [more]

  • From left: Donald Trump, 40 Wall Street and Hadassah's Marcie Natan

    From left: Donald Trump, 40 Wall Street and Hadassah’s Marcie Natan

    Hadassah, the Women’s Zionist Organization of America will move Downtown to the Trump Organization’s 40 Wall Street, according to a release from Cushman & Wakefield. The volunteer organization, which advocates for Israeli interests and for health education, will take 46,175 square feet on the seventh and eighth floors of the 72-story building. [more]

  • cush-wake-times

    From left: Times Square Building along 44th Street, 229 West 43rd Street and Helen Hwang

    Africa Israel USA and Five Mile Capital Partners have brought on Cushman & Wakefield to market the flagship 250,000-square-foot retail condominium space for sale at the old New York Times building. [more]