Meridian Capital employee tests positive for coronavirus

Employee based out of the firm's headquarters at One Battery Park Plaza

New York /
Mar.March 11, 2020 12:52 PM
Meridian Capital CEO Ralph Herzka and One Battery Park Plaza (Credit: Sean Zanni/Patrick McMullan via Getty Images; Google Maps)

Meridian Capital CEO Ralph Herzka and One Battery Park Plaza (Credit: Sean Zanni/Patrick McMullan via Getty Images; Google Maps)

A New York-based employee at Meridian Capital Group, one of the most active commercial real estate brokerages in the country, has tested positive for coronavirus.

“We were recently notified of a possible exposure to coronavirus (COVID-19) at Meridian’s One Battery Park Plaza office,” a spokesperson for the firm told Crain’s. “As a result, we have taken immediate steps to ensure the health and safety of all our employees, which has always been our highest priority. Our offices have been sanitized in accordance with current government standards to ensure no transmission of the virus.”

The employee works out of the firm’s headquarters at One Battery Park Plaza, a Rudin Management-owned office tower in Lower Manhattan. “The employee has not been in the building for a week,” a representative for the landlord told Crain’s. “The workspaces have been sanitized.”

Meridian’s office remains open, a spokesperson for the firm said, though any high-risk employees are urged to work remotely, “as well as any employee who wishes to pursue this arrangement.”

The company, led by Ralph Herzka, is among the leading debt-brokerage firms in the city, with over $15 billion in deals for 2017, according to an analysis by The Real Deal. It formally launched its investment-sales division in 2015, and brokered over $1 billion in sales in 2018.

There are at least 140 confirmed cases in New York of the virus, which has wreaked havoc on global markets and delivered a big blow to real estate’s hospitality and retail sectors. Many major industry conferences have been canceled or postponed, and Gov. Andrew Cuomo has declared a state of emergency in New York.

Other major firms have also been dealing with exposure to the virus. TRD reported Tuesday that three workers have tested positive at three separate SL Green Realty office towers in Midtown and Downtown. [Crain’s]TRD Staff


Related Articles

arrow_forward_ios
One Soho Square with Stellar Management’s Larry Gluck and Yotpo CEO Tomer Tagrin (LoopNet, Twitter, Gluck Family Foundation)
Yotpo inks 30K sf sublease at Stellar’s One Soho Square
Yotpo inks 30K sf sublease at Stellar’s One Soho Square
Investment Sales, Trophy Properties
Where are all the trophy office listings?
Where are all the trophy office listings?
Silverstein's Marty Burger with 3 World Trade Center (LinkedIn, 3WTC)
Silverstein CEO: RIP Five days a week in the office
Silverstein CEO: RIP Five days a week in the office
Larry Silverstein with 120 Broadway
Housing agency nabs two floors at Silverstein’s 120 Broadway
Housing agency nabs two floors at Silverstein’s 120 Broadway
Boston Properties CEO Owen Thomas and 343 Madison Avenue (Boston Properties, Getty Images)
Boston Properties plans 1M sf tower at ex-MTA HQ
Boston Properties plans 1M sf tower at ex-MTA HQ
RXR CEO Scott Rechler and 620 Sixth Avenue (Photo Illustration by Steven Dilakian for The Real Deal with Getty Images, Beyond My Ken, CC BY-SA 4.0 - via Wikimedia Commons)
RXR sues insurers over infectious disease coverage
RXR sues insurers over infectious disease coverage
Vornado ceo Steven Roth and One Penn Plaza (Illustration by Kevin Cifuentes for The Real Deal with Getty Images, Vornado Realty Trust)
Vornado’s Roth sees “choppy” market, chides Penn skeptics
Vornado’s Roth sees “choppy” market, chides Penn skeptics
Steven Roth, Aby Rosen, and Albert Behler (Illustration by The Real Deal with Getty Images)
Manhattan office leasing has best month since pandemic hit
Manhattan office leasing has best month since pandemic hit
arrow_forward_ios

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

Loading...