Category : Blog

Blog

ABS refinances 162 Fifth with $85M loan

REW
Deal comes after owner locked down longterm lease with philanthropist James Simons and his wife Marilyn.
Have You Heard: R New York to host poker tournament
Blog

Have You Heard: R New York to host poker tournament

REW
R New York (formerly Charles Rutenberg LLC) will host its first annual Charity Poker Tournament to benefit the Wounded Warrior Project this month.
Rezoning brings record development site sale in East New York
Blog

Rezoning brings record development site sale in East New York

Kyle Campbell
CBRE  brokered a $16.75 million sale of a mixed-used, transit-oriented development site at 2840 Atlantic Avenue, the largest since East New York was rezoned.
Another blow for Colliers as Brennan exits for CBRE
Blog

Another blow for Colliers as Brennan exits for CBRE

Linda O'Flanagan
In another big blow for Colliers in New York, COO Kim Brennan (pictured top) has left the firm for CBRE. Brennan’s exit comes just days after Joe Harbert’s departure as president of client national services at Colliers to become director of operations for Avison Young’s Northeast region. And it follows rumors of dissent among leaders at the Canadian-headquartered Colliers following a major shake-up of its top ranks earlier this year. In March, the company installed ex-SL Green executive David Amsterdam as President – Investments, Leasing and Eastern Region | USA leading Colliers teams in New York, Boston and Washington D.C., advising investors, corporate users and landlords. At that time, Marty Pupil, President | U.S. Brokerage, said, “Growing our New York business is a top priority for Colliers. Attracting a well-respected brokerage leader like David is evidence of our dedication to growth as we continue to strengthen our operations regionally, nationally and globally. Under his leadership, I expect our Eastern Region to gain significant market share, increase our new business wins and acquire additional top-tier talent.” CBRE announced this morning that Kim Brennan, one of the city’s most prominent female commercial real estate executives, has joined its New York leadership team. Brennan will serve as a senior managing director working alongside Northeast Division president Matt Van Buren and a team that includes Michael Casey, Susan Nagler-Cohen, Travis Yuengst, Elaine Kleinberg, Ruth Levy and Jennifer Czubaja. “Kim is a great addition to our management team,” said Van Buren. “She is deeply knowledgeable of the New York real estate market, knows how to drive business, has great people skills and is highly regarded by our senior professionals.” Brennan joins CBRE after three years serving as COO for the tri-state region of Colliers. Before that, she was a Market Leader for Cushman & Wakefield in New Jersey for 10 years and the highest-ranking female commercial real estate executive in that state. She began her real estate career in 1993 as market research manager at Insignia/ESG, which CBRE acquired in 2003, and rose to the position of director of brokerage services with CBRE in Midtown. A graduate of Seton Hall University with a BA in Political Science, Brennan has received numerous accolades during her career. She is a licensed real estate broker in New York, New Jersey and Connecticut and an active member of several key industry organizations, including NAIOP and CREW.