News: Brokerage

Etheridge joining The Janus Property Co. as new director of commercial, life sciences and retail leasing

William Etheridge

New York, NY According to The Janus Property Company, William Etheridge has joined the firm as director of commercial, life science and retail leasing. In this role he will oversee all such marketing and leasing activities across Janus’s portfolio, including its renowned 1.1 million s/f Manhattanville Factory District in West Harlem, New York. The Factory District has emerged as a leading commercial district north of midtown-Manhattan, as well as a leading life sciences district in New York. Completed buildings already include the 150,000 rentable s/f Mink Building, 205,000 rentable s/f Malt House, 65,000 rentable s/f Sweets Building and the 350,000 rentable s/f Taystee Lab Building. 

Etheridge’s role is a new position, based on the increasing leasing momentum Janus is experiencing as the two-year impact of Covid wanes. His extensive transaction experience and history of community engagement and partnership throughout his professional career was critical in his selection to lead the continued growth and expansion of Janus’ enterprise. His career path has afforded him connections across the commercial, hospitality and luxury retail sectors. He most recently worked as a commercial leasing broker at Douglas Elliman Commercial, where he focused on office and retail leasing on behalf of both owners and tenants. Etheridge previously held positions at Saks Fifth Ave., the Upper Manhattan Empowerment Zone (UMEZ) and Chase Bank. 

“I could not be more excited by the tremendous opportunity I’ve been given to join the Janus team and lead this effort at this time,” said Etheridge. “Janus has planted the seeds for a transformational neighborhood within, and as a part of, the historic fabric of West Harlem. Although Covid shut down much of the City’s leasing, Janus was able to complete 600,000 square feet in three very different buildings on the campus, while proving out its investment in and commitment to the life sciences industry. I love that I’m back in Harlem doing such meaningful work and have been impressed with the activity I’m already seeing in the District.” 

Etheridge’s most recent noteworthy transaction was the sale of a mixed-use property along Billionaire’s Row at 117 W 57th St. Additionally, he recently represented ownership in the leasing of 397 Bleecker St. in the Greenwich Village Historic District. Etheridge has represented L&M Development, Comunilife, Gilbane and Company, and HAP Investments, in addition to an array of other private landlords and not-for-profit organizations during his tenure in the commercial brokerage space. His work in the community also includes partnerships and collaborations with the Harlem Business Alliance, Harlem Community Development Corporation and Columbia University through its CU Grow Program.

“William Etheridge is an excellent addition to the Janus team,” said Scott Metzner, founder and principal, Janus. “His enthusiasm for New York City, and Harlem specifically, and his experience across asset types will help us move our vision to reality. He has a tremendous reputation for total integrity and we’re thrilled to have him on-board.” 

Etheridge holds a B.S. in Business Management from the McDonough School of Business at Georgetown University and completed graduate work in the Real Estate Development program at Columbia University. He is a proud alumnus of the Real Estate Associate Program “Project REAP”, an industry-backed program to advance diversity, equity and inclusion in the CRE industry through education, mentorship and partnership. 

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

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
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced