C&W’s Serko and Hartman Ink 100,000 SF
5 Mar, 2007, New York, NY
Cushman & Wakefield announced today two leases totaling more than 100,000 square feet at 100 Duffy Ave. in Hicksville, Long Island.
In one of Long Island’s largest leases to date, 1199 Service Employees International Union (SEIU), United Healthcare Workers East, signed a 15-year lease for 56,113 square feet at the building. The union represents more than 275,000 members and retirees in New York, Maryland, the District of Columbia and Massachusetts. In another new lease, AIG took 46,588 square feet at the building in a 10-year lease.
Cushman & Wakefield brokerage professionals Jonathan R. Serko and Bill Hartman from the firm’s Midtown Manhattan office, along with Robert Kuppersmith of the firm’s Long Island office, represented 1199 SEIU and AIG in their site selections and in lease negotiations with the ownership, a partnership between Apollo Real Estate Advisors and Blumenfeld Development Group.
Part of a three-building, 425,000-square-foot office complex, 100 Duffy Ave. is within a mile of the Long Island Expressway, the Northern State Parkway and the Wantagh Parkway, and is located next to Long Island Railroad’s Hicksville train station. The complex was acquired by Apollo and Blumenfeld in 2005 and redeveloped for multi-tenant office use.
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Founded in New York City in 1917, Cushman & Wakefield is the largest New York-based commercial real estate firm and the preeminent global real estate services provider. From its Midtown Manhattan world headquarters, the firm operates more than 201 offices in 55 countries around the globe and employs more than 12,000 professionals. In addition to office brokerage, Cushman & Wakefield maintains one of the industry’s strongest retail services groups. The firm is New York City’s largest property manager, with more than 52 million square feet of property under management through its Asset Services division. The company is a leader in investment sales, valuation, research and other advisory services, available through the company’s Corporate Services group or directly through the firm’s Advisory Group. Cushman & Wakefield maintains eight full-service offices in the New York/New Jersey region. In addition to Midtown and Downtown Manhattan, Cushman & Wakefield maintains leading metropolitan area offices in Stamford, Conn., White Plains and Melville, N.Y., East Rutherford, Edison and Parsippany, N.J. To find out more about Cushman & Wakefield, visit the firm’s Web site at www.cushmanwakefield.com.
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