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Deals & Dealmakers Featured

580,000 s/f union lease voted Most Ingenious Deal of 2017

CBRE New York chief executive Mary Ann Tighe took home her ninth Most Ingenious Deal of the Year Award last night at the annual REBNY celebration to top dealmakers..

Tighe, along with colleague Ken Meyerson and Jonathan Serko of Cushman & Wakefield, was presented with the first prize Henry Hart Rice Achievement Award for “A Union of Rivals: CBRE and C&W Find 1199 a Home” at 498 Seventh Avenue.

The deal saw the two rival brokerage giants collaborate on a lease consolidating the offices of the nation’s biggest healtchare union in 580,000 s/f at 498 Seventh Avenue. The CBRE team repped the union while C&W negotiated on behalf of its fund operation.

The award was presented during the Real Estate Board of New York’s (REBNY) Sales Brokers Committee’s 74th Annual Cocktail Party at Club 101.

Mark Weiss and Richard Bernstein of Cushman & Wakefield won the second prize Robert T. Lawrence Memorial Award for “Repurposing a New Building While Addressing Manhattan’s Dearth of Dormitory Space” at One West End Avenue, also known as 625 West 59th Street.  This is the fourth REBNY Sales Brokers Most Ingenious Deal of the Year title awarded to Mark Weiss.

Geoffrey Newman of Newmark Knight Frank took home the third prize Edward S. Gordon Memorial Award for “Assembling An Icon – How One Broker’s Tenacity and Vision Made 45 East 22nd Street Possible” at 45 East 22nd Street.

“These highly complex commercial real estate deals required great vision, depth of market knowledge, and technical skill from each of the brokers to achieve these ingenious solutions,” said John H. Banks, REBNY president.

“We are proud to honor their exceptional accomplishments and recognize all of the submitting brokers’ outstanding work in navigating transactions that are important to our industry and our city.”

Developer Bruce Eichner, Geoffrey Newman of Newmark Knight Frank, and REBNY president John Banks

 

Winners of REBNY’s Most Ingenious Deal of the Year awards
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