Cushman fires top exec Peter Hennessy

Company sent memo to staff on Thursday

TRD New York /
Mar.March 01, 2018 05:10 PM

Peter Hennessy

Top Cushman & Wakefield executive Peter Hennessy was fired on Thursday. It wasn’t immediately clear why.

“At Cushman & Wakefield, we believe in working collaboratively, displaying high ethical behavior and treating fellow employees and clients with the utmost respect,” the brokerage’s tri-state president John Santora wrote in a memo to employees, Commercial Observer reported. “It is those qualities that have guided the firm through its first 100 years, and we’re confident that those qualities will serve us well into the future.”

Hennessy declined to comment to The Real Deal.

He served as president of DTZ’s New York tri-state region until 2015, when the brokerage merged with Cushman. At that point, he became an executive vice chairman. Prior to DTZ, he headed Cassidy Turley’s tri-state operations. [CO]Konrad Putzier


Related Articles

arrow_forward_ios
Blackstone's Frank Cohen and Amazon CEO Jeff Bezos with the HQ2 site (Getty; Blackstone; Google Maps)

Amazon grows HQ2 site near DC with hotel buy

Amazon grows HQ2 site near DC with hotel buy
Rendering of the Tokyo Tokiwabashi project (Courtesy of Mitsubishi)

Mitsubishi unveils design for Japan’s tallest skyscraper

Mitsubishi unveils design for Japan’s tallest skyscraper
Charles Rettig, Commissioner of the IRS (Getty)

Opportunity Zone rule change seeks to entice foreign investors

Opportunity Zone rule change seeks to entice foreign investors
The proposal to rezone Industry City in Brooklyn was unveiled five years ago, but collapsed under political pressure (Courtesy of Industry City)

Here’s how Industry City’s controversial rezoning unraveled

Here’s how Industry City’s controversial rezoning unraveled
731 Lexington Avenue and 410 East 61st Street (inset) with Vornado's Steve Roth (Googel Maps; VNO)

Home Depot eyes former Bed Bath & Beyond space on First Ave

Home Depot eyes former Bed Bath & Beyond space on First Ave
Ian Schrager and the Pulic Hotel at 215 Chrystie Street (Getty; Google)

$60M mezz loan on Ian Schrager’s Public Hotel is for sale

$60M mezz loan on Ian Schrager’s Public Hotel is for sale
J.C. Penney at the Westfield South Shore mall in Long Island and  J.C. Penney CEO Jill Soltau (Google Maps; Getty)

J.C. Penney to keep Bay Shore outpost open for now

J.C. Penney to keep Bay Shore outpost open for now
Signature Bank CEO Joseph DePaolo and New York Community Bank CEO Joseph Ficalora (Photos via Getty; Facebook; iStock)

NYC’s multifamily lenders see shares tumble in 2020

NYC’s multifamily lenders see shares tumble in 2020
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...