The Real Deal New York

Posts Tagged ‘Cushman & Wakefield’

  • Markit NYC Office

    From left: Rendering of 450 West 33rd Street, Markit CEO Lance Uggla, Josh Kuriloff and Jeffrey Peck

    Markit, a London-based global financial data provider, is consolidating its New York City offices into a 140,000-square-foot space at Brookfield Property Partners’ 5 Manhattan West, The Real Deal has learned. [more]

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  • knakal-massey-FBox

    From left: Bob Knakal and Paul Massey

    Cushman & Wakefield’s acquisition of Massey Knakal Realty Services for a reported $100 million was the talk of the town at the end of last year. Now, nearly three months into the marriage, some of the consolidated firm’s leaders – Ron LoRusso, Bob Knakal and Paul Massey – discussed the changes at Cushman and the challenges of coming together. See the full video, complete with classic Powerpoint corporate graphics, after the jump.

  • Fosun International NYC

    From left: Guo Guangchang, an old Cushman & Wakefield office in New York, Cushman’s Edward Forst

    Guo Guangchang’s Fosun International is interested in buying Cushman & Wakefield, the global commercial brokerage powerhouse. [more]

  • Newcastle Realty Services

    From left: 4101 and 4113 Broadway in Washington Heights, Margaret Streicker Porres and Neil Rubler

    Margaret Streicker Porres’ Newcastle Realty Services picked up a pair of Washington Heights rental properties from Neil Rubler’s Candlebrook Properties for a total of $42 million, according to property records filed with the city today. [more]

  • From left: Cushman's Edward Forst and Exor's John Elkann

    From left: Cushman’s Edward Forst and Exor’s John Elkann

    While the timing might be right to sell Cushman & Wakefield, the number of potential buyers is limited, according to analysts.

    The Agnelli family’s Exor SpA is selling the real estate services firm, which could fetch as much as $2 billion. It’s a good time to sell businesses that make money through real estate services, because their values are high and the economy is recovering, analysts told the Wall Street Journal. [more]

  • Agnelli family to sell Cushman & Wakefield

    February 25, 2015 08:05AM
    From left: Cushman & Wakefield office, Edward Frost and John Ellkann

    From left: An old Cushman & Wakefield office in New York, Edward Forst and John Elkann

    Cushman & Wakefield is going up for sale and could fetch as much as $2 billion. [more]

  • From left: 123 Washington Street and Joe Moinian

    From left: 123 Washington Street and Joseph Moinian

    UPDATED, 5:26 p.m., Feb. 24: A mixed-use Lower Manhattan tower with a checkered history is looking to sell four floors of residential units currently in use as extended-stay hotel apartments.

    The Moinian Group has put on the market a block of 32 units spanning a little over 19,000 square feet at the W Hotel & Residences, the mixed-use glassy tower at 123 Washington Street that chewed through at least four different sales teams before setting a condo price record for the Financial District. [more]

  • 875-third-lease

    875 Third Avenue in Midtown and Paul Glickman

    The JPB Foundation, a grant-making nonprofit, inked a 15-year lease for the 30,000-square-feet penthouse office space at Eastgate Realty’s 29-story Midtown building at 875 Third Avenue.

    Asking rent at the 720,000-square-foot building, between East 52nd and 53rd streets, was $86 per square foot. JLL’s Paul Glickman and Diana Biasotti represented Eastgate Realty, while Cushman & Wakefield’s David Rosenbloom and Emily Weber represented the tenant. [more]

  • 136 Madison Avenue in Nomad (inset: Peter Pennoyer)

    136 Madison Avenue in NoMad (inset: Peter Pennoyer)

    Peter Pennoyer Architects is bursting at the seams in its office at 432 Park Avenue, and is planning to relocate to a space double the size at 136 Madison Avenue in NoMad. The firm inked a 10-year lease deal for the entire 11th floor. [more]

  • cohen

    From left: Ofer Yardeni (credit: STUDIO SCRIVO), Michael Cohen and 330 East 63rd Street on the Upper East Side

    Michael Cohen, in-house special counsel at the Trump Organization, too dabbles in real estate investing, albeit less publicly than the Donald. He picked up an 80,000-square-foot Upper East Side rental building from Ofer Yardeni’s Stonehenge Management for $58 million, and plans to convert it into condominiums, The Real Deal has learned. [more]

  • 51-white-st

    From left: 51-53 White Street in Tribeca, James Nelson and R. A. Cohen’s Ralph Della Cava

    R. A. Cohen & Associates has put a five-story Tribeca rental building on the market for $24 million, or a steep $1,420 per square foot. [more]

  • From left: Kimberly Brennan and Joseph Harbert

    UPDATED, Feb. 9, 4:56 p.m.: Colliers International hired Kimberly Brennan, a former Cushman & Wakefield executive, as its chief operating officer for the New York and Tri-State regions, the brokerage announced today.

    Brennan previously served as market leader for Cushman & Wakefield’s New Jersey region, and was a top-ranking female commercial real estate executive in New Jersey. In her new role, she will be responsible for profit and loss, business development, expanding market share and providing strategic direction to the New York, New Jersey and Connecticut offices. [more]

  • capital one 114 5th

    From left: L&L’s David Levinson, 114 Fifth Avenue and an actor in a Capital One ad

    Joining Mastercard and a growing list of tech firms, Capital One is the latest company to plant a flag at L&L Holding’s 114 Fifth Avenue, The Real Deal has learned.  [more]

  • From left: 3 Bryant Park, the Waldorf Astoria and the Crown Building

    From left: 3 Bryant Park, the Waldorf Astoria and the Crown Building

    The Manhattan commercial investment sales market had a rollicking 2014, with 5,197 properties trading hands, beating the previous record of 5,018 in 2007, according to a year-end report released today by Cushman & Wakefield. [more]

  • 334-e-79th

    From left: 334 East 79th Street, Jordan Slone and Tom Gammino Jr.

    Harbor Group International is asking $29 million for an eight-story Upper East Side rental building. [more]

  • Shops at the Port Authority Bus Terminal

    Shops at the Port Authority Bus Terminal

    Cushman & Wakefield and JRT Realty Group will be marketing the Port Authority Bus Terminal’s 150,000 square feet of retail space.

    The firms will also market roughly 13,000 square feet of available space at a nearby site on Ninth Avenue, according to the Wall Street Journal. The brokers aim to attract new, specialty-food vendors and shops to offer more options to the roughly 225,000 daily commuters who pass through the terminal, the newspaper reported. [more]

  • 450-w-33

    From left: Rendering of 450 West 33rd Street in Midtown, Scott Panzer and Bruce Mosler

    The Interpublic Group of Companies expanded its domain to more than 278,000 square feet at Brookfield Office Properties’ 450 West 33rd Street, also known as 5 Manhattan West, The Real Deal has learned. [more]

  • Massey-Knakal-Territory-Front

    From left: Ron Lo Russo, Paul Massey and the territories for a portion of Manhattan

    In perhaps the most significant development of its $100 million Massey Knakal Realty Services acquisition, Cushman & Wakefield will adopt Massey Knakal’s signature territory system for investment sales within New York City, The Real Deal has learned. [more]

  • Massey Knakal name headed for retirement

    January 22, 2015 08:00AM

    From left: Robert Knakal, Paul Massey and signage (Photo credits: Vanishing New York, Sheepshead Bites, Google)

    Even as Paul Massey and Robert Knakal intend to plant long-term roots at their new firm Cushman & Wakefield, the name of their eponymous brokerage is being uprooted in short order. [more]

  • Prime Brooklyn's top retail leases (see below for the full chart)

    Prime Brooklyn’s top retail leases (see below for the full chart)

    Grocer Whole Foods, discount clothing store Marshalls and craft retailer Michaels inked the largest leases in the Brooklyn neighborhoods closest to Manhattan last year, a review by The Real Deal found. [more]


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