News: Brokerage

Cushman & Wakefield expands NYC office leasing team with hiring of Randy Abend as executive managing director

Manhattan, NY Cushman & Wakefield, a global real estate services firm, has hired Randy Abend as executive managing director, based in the firm’s New York City office. Abend will focus on tenant representation and agency client services throughout the Manhattan office market, as well as national and international account work for larger corporate clients. 

“We’re thrilled to welcome Randy to Cushman & Wakefield,” said Todd Schwartz, Northeast regional president. “Randy’s deep expertise in both tenant representation and agency leasing, combined with his proven track record advising some of the world’s most recognized companies, will be an incredible asset to our clients. His addition underscores our commitment to growing our platform with top talent who deliver exceptional results throughout the Northeast and across the country.”

Abend will join the office leasing team of Adam Ardise, Stephen Bellwood, Bryan Boisi and Daniel Thompson.

Prior to joining Cushman & Wakefield, Abend spent 23 years with JLL, most recently serving as a managing director in the firm’s New York office. He has been involved in more than 9 million s/f of lease transactions, with clients including Schonfeld Strategic Advisors, Wellington Management, Microsoft, Meredith Corporation, Oracle, the Carlyle Group, Boston Properties, Oestreicher Properties, Midwood Investment & Development and Silverstein Properties. Abend began his career as an Associate at Colliers ABR.

He earned his B.S. from the University of Wisconsin-Madison. He is a licensed real estate broker in the State of New York.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Many long-time property owners are divesting from their rent stabilized properties at an increasingly rapid pace. This trend has gained momentum primarily due to the unyielding permanence of rent laws over the past six years and the increasing operating costs that continue to outstrip rent growth. In addition, the judiciary’s elongated timeline in processing evictions and tenant rent challenges,
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Navigating the changing landscape of hotel Property Improvement Plans and conversion brands - by Andrew Cameron

Navigating the changing landscape of hotel Property Improvement Plans and conversion brands - by Andrew Cameron

When owners are due for a significant Property Improvement Plan (PIP), they must carefully evaluate what the best course of action is. Over the past five years, major hotel brands have become significantly more flexible with their PIP schedules.