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    Cassidy Turley


    New York, NY

    Cassidy Turley was a privately held commercial real estate brokerage and services company based in Washington, D.C., that at the time of its merger in late 2014 into DTZ, had more than 3,700 employees working in commercial real estate. Though not one of the biggest brokerages in New York, the local office of Cassidy Turley maintained a sizable presence in the city, particularly through its office leasing team. With the merger, the Cassidy Turley name was retired and the New York office merged with the smaller New York office of DTZ in early 2015.

    Cassidy Turleys clients in New York included Coty, Random House, LVMH, City Harvest and Guggenheim Partners. The addresses where the firm has worked major deals include the commercial condo at 40 Broad Street; the Empire State Building; 399 Park Avenue; and 150 East 42nd Street. The firm also produces reams of data, including a quarterly Manhattan office market report.

    Cassidy Turley was created in 2008 out of the merger of four different firms nationwide, including Colliers ABR in New York. Its New York region president was Peter Hennessy and its New York region managing principal was Joseph Swingle at the time of the merger into DTZ. The New York office of Cassidy Turley was originally Abrams Benisch Riker, formed in 1978 by former members of Cross & Brown Company.

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    • Event Office Leasing
    • Address 366 Madison Avenue
    • Neighborhood Midtown
    • Borough Manhattan
    • Square feet 6,851
    notes
    The company signed a lease.
    For more info, click here
    • Event Office Leasing
    • Address 32-10 Jamaica Avenue
    • Neighborhood Forest Park
    • Borough Queens
    • Square feet 12,400
    • Publication Date 03/01/2015
    • Event Date 01/15/2015
    • Party 1 132-10 Jamaica Ave Realty Corp.
    • Party 1 Broker Dmitri Gourianov, Neil Firtle
    • Party 2 School Construction Authority
    • Party 2 Brokerage Cassidy Turley
    notes
    The tenant signed a lease to occupy the entire one-story warehouse and will convert the space into a Pre-K school for approximately 100 students.
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    • Event Retail Leasing
    • Address 1133 Sixth Avenue
    • Neighborhood Theater District
    • Borough Manhattan
    • Square feet 40,000
    notes
    The piano manufacturer and retailer signed a 15-year lease.
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    • Event Office Leasing
    • Address 153-30 89th Street
    • Neighborhood Jamaica
    • Borough Queens
    • Square feet 11,631
    notes
    The tenant signed a lease.
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    • Event Office Leasing
    • Address 3 Columbus Cir
    • Neighborhood Hell's Kitchen
    • Borough Manhattan
    • Square feet 21,342
    notes
    The fashion brand signed a lease to occupy the 20th floor.
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    • Event Office Leasing
    • Address 485 Madison Avenue
    • Neighborhood Midtown
    • Borough Manhattan
    • Square feet 14,101
    notes
    The tenant signed a lease to occupy the ninth floor.
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    • Event Office Leasing
    • Address 8 West 40 Street
    • Neighborhood Midtown
    • Borough Manhattan
    • Square feet 6,667
    notes
    The tenant signed a lease to occupy the sixth floor.
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    • Event Office Leasing
    • Building Name One Grand Central Place
    • Address 60 East 42nd Street
    • Neighborhood Midtown
    • Borough Manhattan
    • Square feet 3,794
    notes
    The government entity leased new space.
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    • Event Office Leasing
    • Address 99 Park Avenue
    • Neighborhood Murray Hill
    • Borough Manhattan
    • Square feet 31,615
    notes
    The risk management software company signed a sublease on the fifth floor. The building is owned by Eastgate Realty.
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    • Event Office Leasing
    • Address 8 West 40th Street
    • Neighborhood Garment District
    • Borough Manhattan
    • Square feet 6,667
    notes
    The business software company signed a new lease on the sixth floor.
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    • Event Office Leasing
    • Address 485 Madison Avenue
    • Neighborhood Plaza District
    • Borough Manhattan
    • Square feet 14,101
    notes
    The accounting firm signed a new lease on the ninth floor.
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    • Event Office Leasing
    • Building Name One Grand Central Place
    • Address 60 East 42nd Street
    • Neighborhood Grand Central
    • Borough Manhattan
    • Square feet 3,794
    notes
    The government entity leased new space.
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    • Event Office Leasing
    • Address 475 Fifth Avenue
    • Neighborhood Grand Central
    • Borough Manhattan
    • Square feet 4,319
    notes
    The global provider of air conditioning and refrigeration signed a 10-year lease for the entire 21st floor.
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    • Event Office Leasing
    • Building Name One Grand Central Place
    • Address 60 East 42nd Street
    • Neighborhood Grand Central
    • Borough Manhattan
    • Square feet 2,794
    notes
    The financial services firm signed a new lease.
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    • Event Office Leasing
    • Building Name One Grand Central Place
    • Address 60 East 42nd Street
    • Neighborhood Midtown
    • Borough Manhattan
    • Square feet 4,961
    notes
    The accounting firm signed a lease.
    For more info, click here
    • Event Office Leasing
    • Building Name One Grand Central Place
    • Address 60 East 42nd Street
    • Neighborhood Grand Central
    • Borough Manhattan
    • Square feet 4,961
    notes
    The accounting firm signed a lease.
    For more info, click here
    • Event Office Leasing
    • Address 500 Fifth Avenue
    • Neighborhood Grand Central
    • Borough Manhattan
    • Square feet 33,000
    notes
    The fashion retailer signed a long-term office lease on the entire 19th and 20th floors.
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    • Event Office Leasing
    • Address 333 Seventh Avenue
    • Neighborhood Chelsea
    • Borough Manhattan
    • Square feet 55,000
    • Publication Date 05/01/2014
    • Event Date 03/17/2014
    • Party 1 Samco Properties
    • Party 1 Brokerage Represented in-house
    • Party 2 Fashion Institute of Technology
    • Party 2 Brokerage Cassidy Turley
    • Party 2 Broker Susan Kahaner, Jennifer Ogden, Tracy Johnson
    notes
    The school signed an 18-year lease for administrative office space.
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    • Event Retail Leasing
    • Address 20 Pine Street
    • Neighborhood Financial District
    • Borough Manhattan
    • Square feet 5,733
    notes
    The courier delivery services company signed a 10-year retail lease.
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    • Event Office Leasing
    • Address 230 Park Avenue
    • Neighborhood Grand Central
    • Borough Manhattan
    • Square feet 1,749
    notes
    The tenant signed a two-year sublease.
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    • Event Office Leasing
    • Address 230 Park Avenue
    • Neighborhood Grand Central
    • Borough Manhattan
    • Square feet 43,295
    notes
    The private wealth advisory division of Lebenthal Holdings signed a six-year sublease for the 31st and 32nd floors. HSH Nordbank will relocate to the 34th floor.
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    • Event Office Leasing
    • Address 19 West 44th Street
    • Neighborhood Grand Central
    • Borough Manhattan
    • Square feet 2,333
    notes
    The jeweler signed a three-year office lease for part of the eighth floor.
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    • Event Retail Leasing
    • Address 122 East 42nd Street
    • Neighborhood Murray Hill
    • Borough Manhattan
    • Square feet 1,000
    • Publication Date 01/01/2014
    • Event Date 11/22/2013
    • Party 1 Brokerage Cassidy Turley
    • Party 1 Broker Michael Hoffman
    • Party 2 Juice Generation
    • Party 2 Brokerage Newmark Grubb Knight Frank
    • Party 2 Broker Benjamin Birnbaum, Matt Cohen
    notes
    The juice bar signed a lease. The reported asking rent was $300 per square foot.
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    • Event Office Leasing
    • Address 100 Wall Street
    • Neighborhood Seaport
    • Borough Manhattan
    • Square feet 4,071
    notes
    The digital presence management firm signed a new lease for part of the fifth floor.
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    • Event Office Leasing
    • Address 527 Madison Avenue
    • Neighborhood Plaza District
    • Borough Manhattan
    • Square feet 8,200
    notes
    The hedge fund signed a four-year lease on the 15th floor. The tenant is relocating from 410 Park Avenue.
    To see all, go to Advanced Search

    Scorecard: Cushman & Wakefield leads landlord repping pack, but only just by a hair
    12/21/2015
    In recent years, CBRE has dominated on the landlord agency front, but Cushman’s recent mergers with the firms Cassidy Turley and DTZ gave it additional business...

    Out with the old in Midtown South
    01/02/2015
    An office neighborhood does not change its character suddenly. Even as technology firms in recent years snapped up many of the new spaces in Midtown South andAn office neighborhood does not change its character suddenly. Even as technology firms in recent years snapped up many of the new spaces in Midtown South and...

    How pricey is Midtown South?
    10/01/2014
    In 2014’s second quarter, Colliers data show the average Class A asking rent in Midtown was $76 a square foot, compared with $67.16 in Midtown South â€' a gap of less than $9. Meanwhile, Class B space, which accounts for the vast majority of Midtown South’s property, was actually more expensive in Midtown South than in Midtown: $57.31 on average, versus $55.05. Average asking rents in Midtown South for Class B space surpassed Midtown’s in the summer of 2013, according to Cassidy Turley...

    Balking at big office blocks
    08/01/2014
    While there is no unifying feature that keeps these large blocks fallow, often the issue can be found in the lack of single marketing theme, said Robert Billingsley, a vice chairman at brokerage Cassidy Turley, who was speaking generally and is not connected to any of the aforementioned properties...

    First half Manhattan leasing strongest since 2002
    07/01/2014
    “We are very pleased to have such a well-established and secure tenant at 915,” said James Caseley, an executive managing director of leasing & management at ABS Partners Real Estate. He, along with Carol Sacks and Alex Kaskel, represented the landlord of 915 Broadway, a partnership assembled by Gregg Schenker, president of ABS. A leasing team from Cassidy Turley including Peter Hennessy, president of the New York Tri-State region, and Tracy Johnson, represented Math for America...

    Twitter, Spotify, Mashable among January’s high-wattage lease signings
    02/01/2014
    Richard Bernstein, a vice-president at commercial firm Cassidy Turley, said more high-profile deals and continued absorption are on the way...

    Manhattan office leasing ends 2013 with a bang
    01/01/2014
    The uptick in leasing activity indicates a thriving business landscape and “a high level of confidence” in the market, said Richard Bernstein, a vice-president at commercial firm Cassidy Turley...

    Office market ends 2013 on high note
    12/03/2013
    “The deal flow is there. I think we are moving with some momentum that will carry us over to next year,” said Richard Bernstein, vice chairman with commercial firm Cassidy Turley...

    Midtown malaise extends beyond Sixth Avenue
    05/01/2013
    A medical advertising company called Centron signed a more than 27,000-square-foot sublease at 1745 Broadway, the Random House Tower, data from CoStar Group showed. Publishing behemoth Random House â€' which is consolidating its footprint in the building and sublet the space â€' was represented by a Cassidy Turley team led by Richard Bernstein, CoStar shows...

    Stacking up sales brokers
    03/01/2013
    Itzhaki Properties (without its top agent Hakimian), Cassidy Turley and retail-focused firm RKF also saw a decrease in sales volume...

    The leasing game
    03/01/2013
    The next wave of firms included Studley (with 4.8 million square feet in leasing transactions), Colliers International (with 3.1 million square feet) and Cassidy Turley (with 2.4 million square feet)...

    Office leasing lows
    01/01/2013
    Total leasing volume for 2012 fell to roughly 26.8 million square feet, a 33 percent drop from 40.7 million in 2011, preliminary figures from commercial firm Cassidy Turley showed...

    The office slump
    01/01/2013
    Meanwhile, there was a steep drop-off on the office-leasing front, which saw activity fall by as much as a third from 2011, preliminary data from Cassidy Turley revealed...

    Office market chugs along
    12/01/2012
    Overall, Manhattan leasing figures remained steady in November, preliminary statistics from commercial firm Cassidy Turley showed...

    Sixth Avenue space piles up
    11/01/2012
    Average asking rents rose by $0.30 per foot to $56.82 per square foot in October, compared with the prior month. The availability rate â€' which counts space that is vacant now or will be available within six months â€' remained unchanged at 10.3 percent, data from commercial firm Cassidy Turley showed...

    Midtown sees rise of tech tenants squeezed out of adjacent Midtown South
    10/01/2012
    The Manhattan market, meanwhile, remained relatively static. Available space remained flat at 10.3 percent between August and September, preliminary figures from Cassidy Turley showed...

    Lucrative leasing
    09/01/2012
    The firm was represented by Peter Hennessy of Cassidy Turley...

    Nowhere to go but up
    09/01/2012
    Manhattan’s availability rate â€' which measures the amount of space available now or in the next 12 months â€' held steady in August at 10.3 percent. But the average asking rent rose by $0.95 per square foot, Cassidy Turley figures revealed...

    Summer doldrums
    07/01/2012
    Preliminary leasing totals for June show only about 1.4 million square feet of office space was leased in Manhattan’s three major markets. That’s far below the 4.9 million registered in April and the 3.5 million in May, data from commercial firm Cassidy Turley showed...

    Midtown South lifts overall market
    06/01/2012
    In fact, Midtown South â€' which has gotten a lot of attention lately because of its popularity with technology and media firms â€' has represented 73 percent of the positive office space absorption in Manhattan through the first four months of the year, commercial data firm Cassidy Turley reported...

    Office leasing drought breaks
    05/01/2012
    Overall, asking rents in Midtown ticked up by $0.16 per square foot to $61.01 per foot last month, while the availability rate remained flat at 11.1 percent, Cassidy Turley statistics show...

    Office leasing sees a sharp drop-off
    04/01/2012
    The large financial, media and legal firms that drive much of Manhattan’s office leasing market stood on the sidelines during 2012’s first quarter, allowing activity to fall to its second-lowest level since 1995, preliminary figures from commercial services firm Cassidy Turley show...

    No big bang expected to ring in start of 2012
    12/30/2011
    The availability rate -- which measures office space available for rent now or in the next 12 months -- fell to 10.9 percent last month from 12 percent in December 2010, according to figures from commercial firm Cassidy Turley...

    Office tenants snapped up space faster in 2011
    11/30/2011
    The availability rate -- which measures space available for rent now or in the next 12 months -- fell in November by 0.1 point, to 11 percent (down from 12.3 percent in November 2010), and the asking rent rose last month by $0.46 per square foot to $51.20 per foot, data from Cassidy Turley showed...

    Fourth quarter won’t deliver, execs say
    10/31/2011
    Average asking rents for Manhattan overall rose by $1.20 per foot, driven mostly by a large increase in Midtown asking rents, to $50.74 per foot, preliminary figures for October from commercial firm Cassidy Turley showed...

    February 2015 Manhattan office leasing: DTZ
    Manhattan office leasing activity was sluggish in January as a result of of increased availability and a drop in asking rents. The availability rate increased...