This Week's NY Deal Sheet
Cushman & Wakefield has named Michael Daley its global chief marketing officer. Michael comes to the company after serving as an adviser during its merger with DTZ. He’ll report to Cushman & Wakefield global president Tod Lickerman and will be based in the firm’s NYC office. Spanning a career of over 30 years, he brings both B2B and B2C experience to the new role. Most recently, he helped launch a startup, and prior to that he served as CMO at Mercer. Before that, Michael was EVP of marketing & distribution at Principal Financial Group. He holds a bachelor's of science in economics from the University of Pennsylvania's Wharton School of Business.
MORE EXECS
Mark Weiss has joined Cushman & Wakefield’s New York office brokerage team as executive vice chairman. Mark was previously a vice chairman at Newmark Grubb Knight Frank. He’s done more than 1,800 transactions in a career spanning three decades, and has won REBNY’s Ingenious Deal of the Year award twice. He’s repped tenants including The Blackstone Group, Cornell University, Columbia University and Memorial Sloan-Kettering Cancer Center. Among Mark’s notable recent deals was a land assemblage for a new Memorial Sloan Kettering and Hunter College campus on the UES.
LEASES
Alfred Dunner signed a 59k SF lease at 1333 Broadway. Savitt Partners’ Marc Schoen, Brian Neugeboren and Bob Savitt repped the tenant. The sublessor, GBG USA, was repped by JLL’s Mitchell Konsker, Dan Turkewitz and Benjamin Bass.
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Equinox signed a 20-year, 44k SF lease at 315 Park Ave South. Newmark Grubb Knight Frank’s Jeffrey Roseman repped the tenant. David Berkey and Andrew Wiener repped the landlord, L&L Holding Co, in-house.
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Fidelity Investments renewed its 41k SF lease at 640 Fifth Ave. Cushman & Wakefield’s Gus Field repped the tenant. Vornado’s Jared Solomon repped the landlord in-house.
Progenics Pharmaceuticals signed a 26,500 SF lease at 1 WTC. CBRE’s Patricia Ardigo and Joel Wechsler repped the tenant. Cushman & Wakefield’s Tara Stacom, Justin Royce, Barry Zeller, Connor Daugstrup and Peter Trivelas repped the ownership, The Durst Organization, alongside Eric Engelhardt, who repped ownership in-house.
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Citizen Relations signed a 12k SF lease at 600 Lexington Ave. Cushman & Wakefield’s David Hoffman and Judd McArthur repped repped the tenant. JLL’s Frank Doyle, Paul Glickman and Benjamin Bass repped the landlord, SL Green.
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Mamoun’s Falafel signed a 10-year, 1,400 SF lease at 30 St. Marks Place. Eastern Consolidated’s Jeff Geoghegan repped the tenant. Eastern’s James Famularo repped the landlord.
Welton Investment Partners signed an 8,100 SF lease at 888 Seventh Ave. Cushman & Wakefield’s Kelly Broderick repped the tenant. Vornado’s Jared Solomon repped the landlord in-house.
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Rituals signed a 3,200 SF lease at 172 Fifth Ave. Dallimore & Co’s Simon Dallimore and Carren Ballenger repped the tenant alongside Crown Retail Services’ Chris DeCrosta and Hank O’Donnell. The landlord, Thor Equities, was repped in-house by Alexandra Frangos and Sam Polese.
TOP SALES
A partnership between Ascend Builders’ Robert Kaliner and Jeffrey Davidson sold 775 Washington St to 771 Washington Street Investor LLC for $71M.
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A partnership between Ascend Builders’ Robert Kaliner and Jeffrey Davidson sold 146 Waverly Place to an unknown buyer for $23.2M.
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730 Lexington LLC sold 730 Lexington Ave to Midtown Lexington Retail Owner LLC for $18.5M.
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Bnai Zoin Foundation sold 136 East 39th St to The Royal Thai Government for $17.5M.
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Maurice Mckenzie sold 536-532 West 143rd St to RH 532-536 West 143 Street LLC for $16.9M.
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Amarjit S Bhalla sold 100 Forsyth St to 100 Forsyth LLC for $16M.
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Mardola Properties sold 102 Forsyth St to 100 Forsyth LLC for $16M.
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Peter Garcia sold 273 West 131st St to 271 W 131 LLC for $14.9M.
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Veracity Development sold 232 Mott St to Lyco Investments Corp for $14.7M.
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Metropolitan One Realty sold 49-29 Metropolitan Ave in Queens to Chloe Realty USA for $13.8M.
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1234 Madison Avenue LLC sold 1234 Madison Ave to Virtu Property Group for $13.4M.
[Top sales data courtesy of Reonomy]
TOP FINANCING DEALS
Credit Agricole Corporate And Inverstment Bank closed on a $450M loan to Crown Acquisitions and Vornado for 2 East 55th St.
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Morgan Stanley closed on a $325M loan to RXR Realty for 620 Sixth Ave.
Duestche Bank closed on a $125M loan to Vornado for 20 Broad St.
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Bank of America closed on an $89.7M loan to 181 Avenue A LLC for 435 East 11th St.
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Housing & Healthcare Finance closed on a $80.7M loan to 150 Riverside LLC for 150 Riverside Dr.
[Top financing deals data courtesy of Reonomy]
