The deals may be closed, but the competition to win the year’s most prestigious commercial real estate awards has just begun.
Submissions are in for The Real Estate Board of New York’s (REBNY’s) Most Ingenious Deal of the Year Awards, which will be presented on May 1st at the annual cocktail party of the Sales Brokers Committee at the 101 Club. Thirteen of 2011’s most creative deals — completed by 27 top notch real estate dealmakers — are vying for REBNY’s first, second and third place honors.
Winners will be judged by a panel of industry leaders in finance, leasing and sales. The honors are presented to the dealmakers that demonstrate the most ingenuity, creativity and professional skill.
“The sharpest commercial brokers in New York City have delivered remarkably ingenious deals this year, and REBNY is delighted to recognize their skill and creativity with these most coveted awards,” said Steven Spinola, REBNY president. “REBNY commends all who submitted their top transactions, and we look forward to honoring the winners on May 1st.”
The Submissions are:
- 10 West 56th Street, NYC
“Bid to Closing in Five Days: Rapid Fire Sale of 10 West 56th Street”
Broker: Joseph A. Aquino, Prudential Douglas Elliman
- 241 Water Street, NYC
“Righting the Ship: Steering the Complex Sale of the Seamen’s Church Institute’s 241 Water Street”
Brokers: Edward E. (Ned) Midgley & Timothy Sheehan, CB Richard Ellis, Inc.
- 2 Gotham Center, Long Island City
“2 Gotham Center”
Broker: Darcy Stacom, William Shanahan & Paul Gillen, CB Richard Ellis, Inc.
- 607-09 Hudson Street, NYC
“The Sale and Relocation of the VillageCare Nursing Home”
Brokers: Paul J. Massey, Jr. & James P. Nelson, Massey Knakal Realty Services
- One World Trade Center
“Condé Nast Commits to One World Trade Center”
Brokers: Mary Ann Tighe & Gregory Tosko, CB Richard Ellis, Inc.
- One Park Avenue, NYC
“Successful Treatment: NYU Langone Medical Center’s 420,000 RSF Lease & Vornado’s Purchase and Recapitalization at One Park Avenue”
Brokers: Bruce Mosler & Josh Kuriloff, Cushman & Wakefield, Inc.
- 825 Eighth Avenue (aka Worldwide Plaza), NYC
“The Deal That Became The Largest Transaction in Midtown Since 2004…”
Brokers: John Cefaly & Robert Lowe, Cushman & Wakefield, Inc.
- 601 West 26th Street, NYC
“Executing Complexity: The Art/Success of a Five-Party Off-Market Transaction”
Broker: Greg Taubin, Studley
- 630 Fifth Avenue, NYC
“Client in the Public Eye, While Their Real Estate Remains Below the Radar: Baker & Hostetler, LLP’s Renewal and Expansion at 630 Fifth Avenue”
Brokers: John P. Maher, Paul G. Myers & Thomas J. Shirocky, CB Richard Ellis, Inc.
- 1290 Avenue of the Americas, NYC
“Where Does It Hurt?: Columbia University Medical Center and 1290 Avenue of the Americas”
Brokers: Robert Eisenberg, Neil J. Goldmacher & Mark S. Weiss, Newmark Knight Frank
- One World Trade Center, NYC
“Transforming a White Elephant Into a Precious Jewel: The Leasing of One World Trade Center”
Brokers: Tara I. Stacom & Michael Rotchford, Cushman & Wakefield, Inc.
- 40 Broad Street, NYC
“The Setai Wall Street – Note Acquisition (40 Broad Street)”
Brokers: Simon Ziff & Russell Schildkraut, The Ackman-Ziff Real Estate Group
- 116 John Street, NYC
“Construction Financing of 116 John Street”
Brokers: Andrew J. Singer & Kathleen McSharry, The Singer & Bassuk Organization
The Henry Hart Rice Award, which memorializes Henry Hart Rice, a Most Ingenious Deal of the Year Award winner and five-time Robert T. Lawrence Award recipient, will be presented to the first-place winner. The Robert T. Lawrence Award is the second place award and the Edward S. Gordon Award is the third place award.
For reservations to attend the awards cocktail party, please contact Desiree Jones at djones@rebny.com.
