The Real Deal New York

Top Cushman broker leaves to run leasing at Tishman Speyer

Gus Field has spent 30 years at the brokerage
By Rich Bockmann and Adam Pincus | April 11, 2018 06:25PM

Rob Speyer, Gus Field and Tishman Speyer’s Hudson Yards office tower

UPDATED, April 12, 8:42 a.m.: One of Cushman & Wakefield’s veteran office brokers is leaving the firm after 30 years to take the top leasing job at Tishman Speyer.

Gus Field, who has been with Cushman since 1988, will join Tishman as head of the company’s New York leasing department starting May 1, the landlord confirmed to The Real Deal.

“Gus is a well-known and respected leader in real estate, and I am very happy that he has agreed to bring his expertise and extensive connections to Tishman Speyer,” company CEO Rob Speyer said.

Field will be filling the position left open in January when former leasing director Calvin Farley, who had been at Tishman for 32 years and is Jerry Speyer’s brother-in-law, left the firm to launch his own company.

“Having known Gus since he started here in 1988, I know firsthand the type of person Tishman Speyer is getting,” said John Santora, Cushman’s president for the tri-state region. “Thirty years is a long time and Gus will always be part of the Cushman & Wakefield family.”

For nearly all of his three-decade career at the brokerage, Field had worked in a partnership with other top Cushman dealmakers John Cefaly and Robert Lowe and has negotiated several large leases in recent years. He was part of a team that represented hedge fund Jane Street Capital, which took 117,000 square feet at Brookfield Place in 2014. And his team represented Edison Properties, where employment website Indeed took 125,000 square feet at 1120 Sixth Avenue.

At Tishman, Field will oversee leasing for one of the biggest commercial real estate portfolios in the city. The company’s properties include multiple buildings at Rockefeller Center and the Chrysler Building. Current developments include the 1.2 million-square-foot office-and-retail component of its mixed-use mega development in Long Island City, as well as the Spiral office tower in Hudson Yards.

Tishman announced Tuesday it had secured a $1.8 billion loan to begin construction work on the 2.8 million-square-foot tower after finalizing a lease with pharmaceutical company Pfizer to anchor the building.

Correction: A previous version of this article incorrectly characterized Calvin Farley’s relationship to Jerry Speyer.