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NYC's Top Investment Sales Firms of 2020

The biggest investment sales deal of the year didn’t even involve brokerages.
In March, Amazon bought the landmarked Lord & Taylor building at 424 Fifth Avenue for $978 million.
The e-commerce giant did a direct deal with the seller, a joint venture of Rhone Capital, Hudson’s Bay Company and WeWork, which originally planned to renovate the 660,000-square-foot building to use as its corporate headquarters.
The deal, which worked out to about $1,480 per square foot, closed on March 12, just one week before Gov. Andrew Cuomo ordered all nonessential businesses, including real estate firms, to pause in-person activities as Covid-19 spread throughout the city. New York City’s investment sales market, already navigating a slow few years, took a big hit, with big deals stalled or falling apart altogether. ....

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citybizlist : New York : Avison Young Expands Operations in Fairfield County and Westchester

12/9/20
Will Suarez
Highly respected real estate leader with three decades of sales experience, Will Suarez, joins Avison Young as a Principal
Veteran commercial real estate professional
Will Suarez has joined
Avison Young as a Principal in the Fairfield/Westchester office where he will specialize in investment sales and transaction management,
Sean
Cahill, Avison Young Principal and Managing Director, announced today.
“Will is a highly respected market leader with a successful track record of delivering creative investment sales strategies and solutions to both buyers and sellers,” said Cahill. “His market knowledge, client relationships and leadership skills make him an ideal fit for ourFairfield/Westchester office, and he brings an even greater depth of overall investment sales experience we can offer to clients. ....

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