Press Release

Cushman & Wakefield to Advise Pfizer On Headquarters Relocation and Asset Dispositions

NEW YORK, January 26, 2017 – Cushman & Wakefield announced today the global real estate services firm has been selected to advise Pfizer on its global headquarters relocation, along with the sale of its current head office space at 235 and 219 East 42nd Street.

Pfizer, one of the world’s premier innovative biopharmaceutical companies, decided to […]

January 26th, 2017|New York, Press Release|0 Comments

Cushman & Wakefield Closes $21.8 Million Loan for Multifamily Properties in Queens

NEW YORK, January 25, 2017 – Cushman & Wakefield has secured two loans that combine for $21,800,000. The loans closed at a fixed rate of 3.25% for a five-year term and will be used to recapture equity on two multifamily properties. The lender was Dime Savings Bank.

“We closed these loans in 45 days and were […]

January 25th, 2017|New York, Press Release|0 Comments

Cushman & Wakefield Retained to Sell Ground-Floor Retail Space at 480 Broome Street in SoHo

NEW YORK, January 25, 2017 – Cushman & Wakefield has been retained on an exclusive basis to sell the retail condominium unit at the base of 480 Broome Street in Manhattan’s SoHo Cast Iron Historic District. The asking price is $11,000,000.

“Since the co-op’s incorporation in 1980, this is the first time the unit is being […]

January 25th, 2017|New York, Press Release|0 Comments

Cushman & Wakefield Retained to Sell Hotel Property at 447 Union Avenue in Williamsburg

NEW YORK, January 23, 2017 – Cushman & Wakefield has been retained on an exclusive basis to sell a newly-built, five-story hotel building at 447 Union Avenue in Williamsburg, Brooklyn. The building currently carries a twenty-year franchise agreement with La Quinta Inn & Suites. Ownership is requesting proposals.

“We are excited to bring to market a […]

January 23rd, 2017|New York, Press Release|0 Comments

Cushman & Wakefield Sells Prime Multi-Family Rental on the Upper West Side

NEW YORK, January 23, 2017 – On behalf of West End Manor, LLC, Cushman & Wakefield has arranged the sale of 315-317 West 102nd Street, a 36,000-square-foot, nine-story pre-war apartment building located between West End Avenue and Riverside Drive. The transaction was valued at $23,500,000 or approximately $648 per square foot. The purchaser was a private […]

January 23rd, 2017|New York, Press Release|0 Comments

Manhattan Posts 26.3 Million Square Feet of New Office Leasing Activity in 2016

NEW YORK – Jan. 19, 2017 – Cushman & Wakefield today released fourth quarter statistics for the Manhattan office leasing market that show year-end new leasing activity totaled 26.3 million square feet (msf). The figure represents a solid leasing year for Manhattan as overall asking rents rose 1.7% to $72.82-per-square-foot (psf). Overall class-A asking rents […]

January 19th, 2017|New York, Press Release, Press Room|0 Comments

110 Allen Road Cushman & Wakefield Reports 104,000 SF in Leasing Activity at Basking Ridge, N.J., Corporate Property

Improved Demand, Renovations Drive Momentum at Silverman’s Offices at Liberty Corner

BASKING RIDGE, N.J., January 16, 2017 – With two buildings now fully occupied and vacancy reduced in half at the third, The Offices at Liberty Corner in Basking Ridge is enjoying strong momentum. Stepped-up activity at The Silverman Group-owned property reflects overall improved leasing […]

January 16th, 2017|New Jersey, Press Release|0 Comments

Cushman & Wakefield Sells Boutique Commercial Loft Building at 460 Broome Street for $17.3 Million

NEW YORK – Jan. 12, 2017 – On behalf of 460 Broome Street Investors, LLC, Cushman & Wakefield’s James Nelson and Robert Burton have sold an 11,000-square-foot boutique commercial loft building at 460 Broome Street in Manhattan’s SoHo Historic District. The all-cash transaction was valued at $17,340,000 or $1,576 per square foot. The property was […]

January 12th, 2017|New York, Press Release|0 Comments

Cushman & Wakefield Retained Exclusively to Market The Central Park Columbus Portfolio

NEW YORK – Jan. 12, 2017 – Cushman & Wakefield is pleased to announce that a set of prime Upper West Side townhouses has been brought to market. The assets are situated along the highly-coveted 70th, 87th, 88th and 89th Streets of Manhattan and are collectively listed at $51,000,000. Individual pricing is available upon request.

“The […]

January 12th, 2017|New York, Press Release|0 Comments

Cushman & Wakefield to Market Largest Commercial Footprint Available in Bushwick at 1325-1365 Halsey Street

NEW YORK, Jan. 11, 2017 – On behalf of The Zar Group, Cushman & Wakefield has been retained on an exclusive basis to sell a 41,571-square-foot corner industrial property at 1325-1365 Halsey Street in Bushwick, Brooklyn. The asking price is $15,750,000.

“This is the largest commercial footprint available in Bushwick. With 500’ of wraparound frontage and […]

January 11th, 2017|New York, Press Release|0 Comments