News
NON-PROFITS LOOK BRIGHT; ROARIN’ STALCO
October 26, 2009
We’d be disappointed if a broker named Suzanne Sunshine didn’t have a sunny outlook, but she also brings evidence to back her claims, at least when it comes to non-profits. She calls the sector (which accounts for 15% of NYC’s commercial tenancy) counter-cyclical and sees many NFPs coming out of the woodwork. |
After more than a decade as a commercial broker (leading non-profit advisories at both Cushman & Wakefield and most recently CBRE),Suzanne went solo in June, launching S. Sunshine & Associates, a boutique brokerage and consulting firm catering to non-profits. Already she has more than 50k-SF each of NFP landlord agency assignments and tenant representation exclusives. She recently began expanding her office, hiring non-profit specialist Glenn Brill, and tells us that she plans to hire another broker within six months. |
Suzanne has a business model unique to brokerage, donating a percentage of all fees back to her non-profit clients—she considers herself a shark with a heart. Even City Hall has taken notice: Deputy Mayor of Health and Human Services Linda Gibbs asked Suzanne to serve on an exclusive panel to assist the city's non-profits with their real estate. And look for Suzanne's Non-profit Occupancy Survey results in the coming months. |