From left: Mitch Konsker of Jones Lang LaSalle, Janno Lieber of Silverstein Properties and Yoron Cohen of Jones Lang LaSalle (credit: Marc Becker and Howard Weschler)

Brokers were bullish on the future of commercial leasing in Lower Manhattan, the slowest market in the city, at the 2012 Celebration of New York Real Estate Development at 7 World Trade Center.

Despite the flurry of commercial space coming on market in the next few years, Mitchell Konsker, who was the recipient of angel sponsor Jones Lang LaSalle’s “most innovative deal of the year award” at the same ceremony, said that spillover from the red-hot Midtown South submarket is decreasing downtown vacancy…. [more]

A group of leasing executives from Jones Lang LaSalle filed a lawsuit against their former firm, Cushman & Wakefield, on Wednesday for $8 million over alleged unpaid compensation, the New York Observer reported. The executives are Mitch Konsker, Paul Glickman, Matt Astrachan, Alex Chudnoff and Mitti Liebersohn. [more]