If you’re rushing to update your Rolodex these days, you’re not alone — a glut of commercial brokers are moving up or moving out at Cushman & Wakefield’s Manhattan offices, according to announcements the company made throughout the month of May.
In what was perhaps the most surprising move of the spring, the top building sales team at Cushman & Wakefield — Richard Baxter, Jon Caplan, Ron Cohen and Scott Latham — left for Jones Lang LaSalle. The group collectively brokered approximately $20 billion in sales over the course of 10 years. The move pushed investment sales broker and tri-state vice chairman Andrew Merin out of the suburbs and into the city.
Other notable shifts included Mitti Liebersohn’s promotion to vice chairman and Michael Gambino’s move to senior director at Cushman’s Midtown office last month. Meanwhile, William Elder, a onetime executive vice president of leasing with real estate investment firm the Ruben Company, headed over to Cushman’s Midtown office last month, stepping in as a senior managing director in the company’s strategic agency service group.