Press Room

Cushman & Wakefield Arranges Sale of 41-Unit Multifamily Building at 316 East 55th Street

New York, NY – July 27, 2017 – Cushman & Wakefield announced today that the firm has arranged the sale of a seven-story, 25,040-square-foot apartment building located at 316 East 55th Street. The final closing price was $16,975,000 this equates to $678 per square foot and a cap rate below %2.

Cushman & Wakefield team consisting […]

By |July 27th, 2017|Press Room|0 Comments

101-147 West Main Street Ownership Taps Cushman & Wakefield to Exclusively Market 2.5 Acre Development Site

PATCHOGUE, NY – July 25, 2017 – Cushman & Wakefield today announced that the firm has been retained on an exclusive basis to market 101-147 West Main Street, a 2.5 acre development site in Patchogue, Long Island. The firm is currently taking offers for the property.

A Long Island-based Cushman & Wakefield team of Executive Director Frank Frizalone, SIOR, […]

By |July 25th, 2017|Press Room|0 Comments

Cushman & Wakefield Sets July 28 Offer Deadline for Letchworth Village

173-Acre Development Site in Haverstraw, N.Y., Drawing Diverse Investor & User Interest

HAVERSTRAW, N.Y., July 21, 2017 – Cushman & Wakefield’s Metropolitan Area Capital Markets Group has set a July 28 offer deadline for a 173-acre development parcel in the Town of Haverstraw. The municipality-owned property, known as Letchworth Village, came to market this spring and […]

By |July 21st, 2017|Press Room|0 Comments

Cushman & Wakefield Arranges $16M Sale of 103 Carnegie Center Drive in Princeton, NJ

Building Presents Opportunities for Smaller Tenants in Prestigious Office Market

PRINCETON, N.J., July 21, 2017 – The Cushman & Wakefield’s Metropolitan Area Capital Markets Group orchestrated the sale of 103 Carnegie Center Drive to Boston Properties. Seller Mack Cali drew broad interest in the Class A office building in the Princeton-Route 1 submarket that is home […]

By |July 21st, 2017|Press Room|0 Comments

Cushman & Wakefield Arranges 1,820-Square-Foot Lease for PetSmart, Marking Full Occupancy at 670 Columbus Avenue

New York, NY – July 21, 2017 – Cushman & Wakefield announced today that the real estate firm has arranged a 1,820-square-foot lease for PetSmart at 670 Columbus Avenue, bringing the property’s status to 100 percent leased.

A Cushman & Wakefield brokerage team consisting of Executive Vice Chairman Joanne Podell, Managing Director Brandon L. Singer, and […]

By |July 21st, 2017|Press Room|0 Comments

Mid-Year 2017 Manhattan Office Leasing, at 15.4 MSF, on Pace for Third Consecutive Year of Strong Activity

Financial services, with huge gains, + TAMI total nearly 54 percent of overall leasing activity

Despite overall $79.40 psf asking rent, market countered by LL concessions,
moderating employment figures, densification

NEW YORK, July 20, 2017 – Cushman & Wakefield today released second quarter statistics for the Manhattan commercial real estate office market that show mid-year new […]

By |July 20th, 2017|Press Room|0 Comments

Cushman & Wakefield Retained Exclusively to Sell 151 Eighth Avenue New York, NY

NEW YORK, July 19, 2017 – Cushman & Wakefield has been retained on an exclusive basis to sell a mixed-use property located at 151 Eighth Avenue. The asking price is $19,500,000.

A Cushman & Wakefield brokerage team led by Executive Director Brock Emmetsberger and Director Billy Simons will be exclusively marketing the property.

“151 Eighth Avenue presents […]

By |July 19th, 2017|Press Room|0 Comments

ULI NNJ Excellence Awards Nominations Open

As District Chair, Cushman & Wakefield’s Whitmer Looking Ahead to October Networking Dinner and Ceremony

EAST RUTHERFORD, N.J., July 18, 2017 – With summer just getting into full swing, Cushman & Wakefield’s Brian Whitmer already has his sights set on fall – and the ULI Northern New Jersey Excellence Awards 2017 event. As the trade organization’s […]

By |July 18th, 2017|Press Room|0 Comments

Cushman & Wakefield Arranges Sale of West Chelsea Building at 459 West 19th St. for $20 Million

New York, NY – July 16, 2017 – Cushman & Wakefield announced today that the firm has arranged the sale of 459 West 19 Street, a mixed-use development site in the West Chelsea neighborhood of Manhattan. The final closing price was $20 million.

Cushman & Wakefield brokerage team consisting of Senior Managing Direct Brock Emmetsberger and […]

By |July 16th, 2017|Press Room|0 Comments

New Jersey Office Market Rebounds with Solid, Stable Q2 2017 as Demand Offsets Large Dispositions, Reports Cushman & Wakefield

EAST RUTHERFORD, N.J., July 13, 2017 – After a setback during the first quarter when large dispositions in some key market segments led to negative absorption, the Northern and Central New Jersey office market stabilized during Q2, according to Cushman & Wakefield. While leasing as a whole remained below the historic levels of 2015 and […]

By |July 13th, 2017|Press Room|0 Comments