Steve Kohn, Vice Chairman & President of Cushman & Wakefield’s Equity, Debt & Structured Finance (EDSF) service line, was named Chairman of The Urban Land Institute New York (ULI NY) effective July 1, 2018. Previous to this appointment, Steve Kohn
As the New York City economy continues to grow, office leasing activity has followed suit. In May, New York City’s employment stood at a record 4,496,400 jobs, up 13,200 from March and up 80,000 from one year ago. Although the
Congratulations are in order for Executive Vice Chairman Andrew (Andy) Merin and Vice Chairman Stan Danzig, who will be recipients of NJBIZ’s 2018 ICON HONORS. Andy and Stan will be honored for their notable success as New Jersey business leaders
Last week, The Real Deal released June’s top 10 office and retail leases in New York City, and Cushman & Wakefield closed the two largest office leases and the fourth and fifth largest retail deals of the month.
The largest office lease
By Richard Persichetti, Vice President, Tri-State Research Lead
The 4th of July is upon us, and there is plenty to celebrate. Although direct average asking rents in Manhattan for all classes of office space are down 1.2 percent year-over-year,