News: Spotlight Content

2016 Year in Review: Bruce Mosler, Cushman & Wakefield

Bruce Mosler, Cushman & Wakefield Bruce Mosler, Cushman & Wakefield

Name & Title: Bruce Mosler, Chairman of Global Brokerage

Company Name: Cushman & Wakefield

What was your most notable project, deal, transaction or professional achievement in 2016?

The ongoing work I do with many of our major clients, including MetLife, Brookfield, RXR, Fisher Brothers, Royal Bank of Canada and WeWork, to name a few. The NYU Langone transaction at 222 East 41st Street is certainly a highlight – we represented them in a 390,000 square foot lease for the entire building.

There are also a number of highlights outside of the commercial real estate sector, including working with the Iraq and Afghanistan Veterans Association, overseeing Cushman & Wakefield’s Veteran’s Initiative and my roles as co-chairman of the Intrepid, Sea, Air and Space Museum and chairman of the Business Executives for National Security.

What project, transaction, market trend or product had the greatest impact on your industry this year?

WeWork has had a significant impact on the industry, and in addition to WeWork, the ongoing urbanization of American gateway cities and new workplace strategies to drive efficiencies.

How will you be supercharging your productivity in 2017? 

I’m going to continue to provide a best-in-class service to our clients.

What emerging trends will drive investment and development in 2017? 

Aside from the continued urbanization of American gateway cities, the desire for the millennial workforce to be in a 24/7 environment. I also believe that there will be ongoing foreign investment in the United States as a safe haven, particularly New York and gateway cities as well as specifically in core assets with little lease up risk.

MORE FROM Spotlight Content

Over half of Long Island towns vote to exceed the tax cap - Here’s how owners can respond - by Brad and Sean Cronin

When New York permanently adopted the 2% property tax cap more than a decade ago, many owners hoped it would finally end the relentless climb in tax bills. But in the last couple of years, that “cap” has started to look more like a speed bump. Property owners are seeing taxes increase even when an
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Oldies but goodies:  The value of long-term ownership in rent-stabilized assets - by Shallini Mehra

Oldies but goodies: The value of long-term ownership in rent-stabilized assets - by Shallini Mehra

Active investors seeking rent-stabilized properties often gravitate toward buildings that have been held under long-term ownership — and for good reasons. These properties tend to be well-maintained, both physically and operationally, offering a level of stability
How much power does the NYC mayor really have over real estate policy? - by Ron Cohen

How much power does the NYC mayor really have over real estate policy? - by Ron Cohen

The mayor of New York City holds significant influence over real estate policy — but not absolute legislative power. Here’s how it breaks down:

Formal Legislative Role

Limited direct lawmaking power: The NYC Council is the primary
The strategy of co-op busting in commercial real estate - by Robert Khodadadian

The strategy of co-op busting in commercial real estate - by Robert Khodadadian

In New York City’s competitive real estate market, particularly in prime neighborhoods like Midtown Manhattan, investors are constantly seeking new ways to unlock property value. One such strategy — often overlooked but
Properly serving a lien law Section 59 Demand - by Bret McCabe

Properly serving a lien law Section 59 Demand - by Bret McCabe

Many attorneys operating within the construction space are familiar with the provisions of New York Lien Law, which allow for the discharge of a Mechanic’s Lien in the event the lienor does not commence an action to enforce following the service of a “Section 59 Demand”.