Cushman & Wakefield | The Real Deal New York

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Cushman & Wakefield

1290 Sixth Avenue
New York, NY
Website

Cushman & Wakefield is a commercial real estate firm headquartered in Chicago, founded in 1917. DTZ, a rival firm backed by private equity firm TPG, acquired Cushman & Wakefield for $2 billion in 2015 from Turin-based Exor, the investment arm of Italys Agnelli family. Brett White serves as chairman and chief executive of the combined firm, which is owned by an investor group composed of TPG, PAG and OTPP and has dropped the DTZ name. It has 43,000 employees and more than 4.3 billion square feet under management. Cushman & Wakefield specializes as a leasing and investment-sales broker and provides real estate financial and property management services. Its clients have includes the Port Authority of New York and New Jersey, Brookfield Properties, the Trump Organization, Tishman Speyer, Boston Properties, Morgan Stanley, SL Green Realty and the Blackstone Group.

Cushman & Wakefield was ranked no. 3 in The Real Deal’s annual investment sales ranking covering 2016.


11/10/15
...compliance, Crain's reported. Behind the story: Raymond Kelly Cushman & Wakefield The ex-top cop joined Cushman's ranks in March 2014, serving as the commercial brokerage's president...

10/30/15
...year, according to multiple sources. Behind the story: Cushman & Wakefield The cuts were national in scope, with as many as 250 employees affected across the...

10/08/15
...and understandably that takes time.” Behind the story: Cushman & Wakefield DTZ Private real estate fund managers are benefiting from record-low bond yields around the...

09/03/14
...shop in space formerly occupied by Pfizer. A Cushman & Wakefield team of Josh Kuriloff, Jonathan Serko, Barry Zeller, Michael Rotchford and David Heller represented...

07/12/11
...foot to $55.52 per square foot, figures released by Cushman & Wakefield today at its quarterly media briefing in Midtown, show. At the same time, leasing...

06/09/11
...and it is 87 percent leased. APF has hired Cushman & Wakefield...

06/02/11
...top leasing brokers and additional support staff from Cushman & Wakefield in January. Yesterday, Avison Young announced it hired four brokers from Grubb & Ellis's Chicago...

04/21/11
...two forthcoming towers at the World Trade Center. Cushman & Wakefield...

03/28/11
...New York-based commercial services firm Cushman & Wakefield had its first profitable year since 2007, racking up a modest profit of $13 million in...

03/23/11
...Vincent Peters, a vice chairman with Cushman & Wakefield, passed away Sunday, according to an obituary announcement from the Real Estate Board of...

02/18/11
...this time a year ago, according to a Cushman & Wakefield international report released today. The report, which calculates the total average occupancy cost, shows...

10/01/10
...executive managing director in the New York office. Cushman & Wakefield James Searl was hired as senior director in the firm's Downtown Manhattan office. He...

09/21/10
...retail, according to a global retail report from Cushman & Wakefield, released today, which tracks the world's top 269 shopping locations. Fifth Avenue, which saw its...

02/24/10
...The New York Daily News has hired Cushman & Wakefield to find a new office, according to the New York Observer, away from its...

01/18/10
...dwindled to just $6 per square foot, according to Cushman & Wakefield. As a result, the first nine months of 2009 saw 710,000 square feet of space hit...

01/07/10
...from the tenant’s broker, Alexander Chudnoff of Cushman & Wakefield, indicated that Kohl’s will lease the entire 19th and 20th floors, encompassing approximately...

10/13/09
...Cushman & Wakefield today released its bi-monthly Economic Pulse report, which analyzes the current economic conditions in...
Cushman & Wakefield, Managing Director, Human Resources
275 Madison Avenue, Third Floor, New York, NY, (212) 696-2500
Gia LaMarca is a senior vice president for human resources at Cushman &...
Cushman & Wakefield, Corporate Broker
1290 Sixth Avenue, New York, NY, (212) 841-7500
...
Cushman & Wakefield, Executive Vice Chairman
1290 Sixth Avenue, New York, NY, (212) 841-7500
Patrick Murphy is an executive vice chairman at Cushman & Wakefield. Murphy joined Cushman...
Cushman & Wakefield, Vice Chairman
1290 Sixth Avenue, New York, NY, (212) 841-7500
Dale Schlather is a vice chairman at Cushman & Wakefield, a commercial real...
Cushman & Wakefield, Global Brokerage Chairman
1290 Sixth Avenue, New York, NY, (212) 841-7500
Bruce Mosler is global brokerage chairman of Cushman & Wakefield, a commercial real...
Cushman & Wakefield, Executive Director
1290 Sixth Avenue, New York, NY, (212) 841-7500
Brian Corcoran is an executive vice president and a licensed appraiser for Cushman...
Cushman & Wakefield, Executive Vice President
1290 Sixth Avenue, New York, NY, (212) 841-7500
Bradley Mendelson is a vice chairman at Cushman & Wakefield, a commercial real...
Cushman & Wakefield, Executive Vice Chairman
1290 Sixth Avenue, New York, NY, (212) 841-7500
Tara Stacom is an executive vice chairman at Cushman & Wakefield, a commercial...
Cushman & Wakefield, Associate Broker
1290 Sixth Avenue, New York, NY, (212) 841-7500
...
Cushman & Wakefield, Executive Vice Chairman
1290 Sixth Avenue, New York, NY, (212) 841-7500
Josh Kuriloff is an executive vice chairman at Cushman & Wakefield, a commercial...
Cushman & Wakefield, Executive Vice Chairman
1290 Sixth Avenue, New York, NY, (212) 841-7500
John Cefaly is an executive vice chairman at Cushman & Wakefield, a commercial...
Cushman & Wakefield, Executive Vice Chariman
1290 Sixth Avenue, New York, NY, (212) 841-7500
Joanne Podell is an executive vice chairman at Cushman & Wakefield, a commercial...
Cushman & Wakefield, Executive Director
1290 Sixth Avenue, New York, NY, (212) 841-7500
James Downey is an executive director at Cushman & Wakefield, a commercial real...
Cushman & Wakefield, Vice Chairman
1290 Sixth Avenue, New York, NY, (212) 841-7500
Gary Greenspan is a vice chairman at Cushman & Wakefield, a commercial real...
Cushman & Wakefield, Executive Vice Chair
1290 Sixth Avenue, New York, NY, (212) 841-7500
Franklin Speyer is an executive vice chair at Cushman & Wakefield, a commercial...
Cushman & Wakefield, Executive Vice Chairman
1290 Sixth Avenue, New York, NY, (212) 841-7500
Charles Borrok is an executive vice chairman at Cushman & Wakefield, a commercial...
Cushman & Wakefield, Chairman
1290 Sixth Avenue, New York, NY, (212) 660-7777
Robert Knakal is chairman of capital markets at the global brokerage Cushman &...
Cushman & Wakefield, Real Estate Salesperson
1290 Sixth Avenue, New York, NY, (212) 841-7500
...
Cushman & Wakefield, Associate Broker
1290 Sixth Avenue, New York, NY, (212) 841-7500
...
Cushman & Wakefield, Associate Broker
1290 Sixth Avenue, New York, NY, (212) 841-7500
...
Cushman & Wakefield, Associate Broker
1290 Sixth Avenue, New York, NY, (212) 841-7500
...
Cushman & Wakefield, Corporate Broker
1290 Sixth Avenue, New York, NY, (212) 841-7500
...
Cushman & Wakefield, Associate Broker
1290 Sixth Avenue, New York, NY, (212) 841-7500
...
Cushman & Wakefield, Director
1290 Sixth Avenue, New York, NY, (212) 841-7500
...
Cushman & Wakefield, Regional Research Director, Tri-State & Northeast
1290 Sixth Avenue, New York, NY, (212) 841-7500
...
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  • Event Office Leasing
  • Address 942 Third Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 9,876
notes
The modern furniture company signed a lease.
  • Event Office Leasing
  • Address 2150 Broadway
  • Neighborhood Upper West Side
  • Borough Manhattan
  • Square feet 8,725
notes
The residential brokerage signed a lease.
  • Event Office Leasing
  • Address 45 Broadway
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 6,100
  • Publication Date 03/01/2017
  • Event Date 01/15/2017
  • Party 1 Lawrence Group
  • Party 1 Brokerage Lawrence Group
  • Party 1 Broker Daniel Ginsberg
  • Party 2 United Neighborhood Houses
  • Party 2 Brokerage Cushman & Wakefield
  • Party 2 Broker Debra Wollens, David Lebenstein
notes
The nonprofit signed a lease.
  • Event Office Leasing
  • Address 500 Fifth Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 6,000
notes
The investment company signed a lease.
  • Event Retail Leasing
  • Address 140 West Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 68,400
notes
The retail giant signed a lease to open another Marshall's store in Manhattan.
  • Event Retail Leasing
  • Address 92 North 6th Street
  • Neighborhood Williamsburg
  • Borough Brooklyn
  • Square feet 10,000
notes
The Korean store signed a lease.
  • Event Retail Leasing
  • Address 819 Madison Avenue
  • Neighborhood Lenox Hill
  • Borough Manhattan
  • Square feet 1,620
notes
The luxury French skincare company signed a lease.
  • Event Retail Leasing
  • Address 26 East 60th Street
  • Neighborhood Lenox Hill
  • Borough Manhattan
  • Square feet 1,400
notes
The French coffee shop signed a lease.
  • Event Office Leasing
  • Address 1501 Broadway
  • Neighborhood Times Square
  • Borough Manhattan
  • Publication Date 03/01/2017
  • Event Date 01/15/2017
  • Party 2 Aged in Wood Productions 
  • Party 2 Brokerage Cushman & Wakefield
  • Party 2 Broker Seth Hecht
notes
The theater production company signed a lease.
  • Event Sales
  • Address 619 West 54th Street
  • Neighborhood Clinton
  • Borough Manhattan
  • Square feet 325,000
  • Price $ 180,000,000
notes
The company bought a majority stake in the office building, known as Movielab, valued at $180 million.
  • Event Sales
  • Address 315-317 West 102nd Street
  • Neighborhood Upper West Side
  • Borough Manhattan
  • Square feet 36,000
  • Price $ 23,500,000
  • Publication Date 03/01/2017
  • Event Date 01/15/2017
  • Party 1 West End Manor
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Paul Smadbeck, Hall Oster, Teddy Galligan, Rob Stufano, Bryan Smadbeck
  • Party 2 Vincent Young
  • Party 2 Brokerage Cushman & Wakefield
  • Party 2 Broker Paul Smadbeck, Hall Oster, Teddy Galligan, Rob Stufano, Bryan Smadbeck
notes
The multifamily property was sold for $23.5 million.
  • Event Office Leasing
  • Address 1211 Sixth Avenue
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 777,000
notes
The media company signed a replacement and extension lease.
  • Event Sales
  • Address 173 Classon Avenue
  • Neighborhood Bedford-Stuyvesant
  • Borough Brooklyn
  • Square feet 4,350
  • Price $ 2,750,000
  • Publication Date 03/01/2017
  • Event Date 01/15/2017
  • Party 1 Cushman & Wakefield
  • Party 2 Klosed Properties
notes
The multifamily property was sold for $2.75 million.
  • Event Office Leasing
  • Address 1211 Sixth Avenue
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 444,000
notes
The print and television conglomerate signed a lease.
  • Event Financing
  • Address 136-42 Maple Avenue
  • Neighborhood Flushing
  • Borough Queens
  • Square feet 130,000
  • Price $ 21,800,000
notes
The company secured a $21.8 million loan for the two multifamily properties.
  • Event Office Leasing
  • Address 200 Vesey Street
  • Neighborhood Battery Park City
  • Borough Manhattan
  • Square feet 400,000
notes
The Canadian bank signed a 15-year early renewal lease.
  • Event Office Leasing
  • Address 463 Seventh Avenue
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 31,607
notes
The nonprofit organization signed a lease.
  • Event Office Leasing
  • Address 590 Madison Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 12,856
notes
The private equity firm signed a lease.
  • Event Office Leasing
  • Address 1330 Avenue of the Americas
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 10,001
notes
The TV channel signed a lease.
  • Event Sales
  • Address 5614 3rd Avenue
  • Neighborhood Morrisania
  • Borough Brooklyn
  • Square feet 93,630
  • Price $ 27,500,000
  • Publication Date 02/01/2017
  • Event Date 12/18/2016
  • Party 1 Grimaldi & Yeung
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Robert Burton, Keegan Mehlhorn, DJ Johnson, Jeffrey Shalom, Alex Svetlakou
  • Party 2 975 Washington Property, J.T. Tower
notes
The three multifamily and one industrial warehouse portfolio was sold for $27.5 million
  • Event Sales
  • Address 110 Madison Avenue
  • Neighborhood Nomad
  • Borough Manhattan
  • Square feet 1,850
  • Price $ 2,000,000
  • Publication Date 02/01/2017
  • Event Date 12/18/2016
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Clint Olsen
  • Party 2 Klosed Properties
  • Party 2 Brokerage Cushman & Wakefield
  • Party 2 Broker Clint Olsen
notes
The retail condominium was sold for $2 million.
  • Event Sales
  • Address 125 West 25th Street
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 138,000
  • Price $ 150,000,000
notes
The mixed-use industrial and commercial building was sold for $150 million.
  • Event Office Leasing
  • Address 33-00 Northern Boulevard
  • Neighborhood Long Island City
  • Borough Queens
  • Square feet 152,000
notes
The government agency signed a renewal and expansion lease.
  • Event Sales
  • Address 159-18 Northern Boulevard
  • Neighborhood Flushing
  • Borough Queens
  • Square feet 28,764
  • Price $ 13,250,000
notes
The development site, with a two-story commercial building was sold for $13.25 million.
  • Event Sales
  • Address 136-25 41st Avenue
  • Neighborhood Flushing
  • Borough Queens
  • Square feet 7,300
  • Price $ 8,680,000
  • Publication Date 02/01/2017
  • Event Date 12/18/2016
  • Party 1 41 Realty
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Stephen Preuss 
  • Party 2 13625 41 Realty
notes
The development lot was sold for $8.68 million.
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12/21/15
The global brokerage Cushman & Wakefield represented more office space for Manhattan landlords over the past 12 months than any other firm in the city,...

Market Reports
Asking retail rents are up year-over-year in 11 retail submarkets, while six areas saw a decrease in rents. Soho, where rent averages $556 per square...

Manhattan office leasing activity and asking rents rose in February. Since the start of the year, 4.4 million square feet of office space was leased,...

Cushman & Wakefield
Brooklyn’s retail vacancy is trending downwards while the average asking rent in 2015 soared to $44.57 per square foot, a 6.2 percent increase over last...

Cushman & Wakefield
Foreign brands made up 39 percent of retail stores in Soho, and along Fifth and Madison avenues. Soho tops the list as the most diverse...

Cushman & Wakefield
Nearly 22 million square feet of office space was leased during the first three quarters of the year. Manhattan’s vacancy rate was steady at 8.9...

Cushman & Wakefield
Asking rents on Lower Fifth Avenue between 42nd and 49th streets are soaring. The area saw the strongest year-over-year growth during the third quarter, with...

Cushman and Wakefield
New York’s Fifth Avenue, between 49th and 60th streets, ranks as the most expensive retail corridor in the world. Rents along the corridor average $3,500...

Office vacancy rates in Manhattan fell below 9 percent for the first time since 2009. The area’s vacancy dipped to 8.8 percent in Q2, pushing...

Manhattan led in retail investments last year, with a total volume of $6.5 billion. Los Angeles came in second with retail investments totaling $6.2 billion...

Brooklyn sales volume the highest on record in 2014, with 2,010 properties sold last year, an increase of 33 percent from the prior year. The...

The Manhattan property sales market continued to flourish in 2014, and the year marked one of the most successful in New York City’s history. The borough...

Manhattan saw its best year in 2014 for investment sales, with 5,197 properties sold, surpassing the previous all-time high of 5,018 in 2007. Sales in New...
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