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Cresa New York
1633 Broadway
22nd Floor
New York, NY 10019
212.758.3131 tel
212.980.1977 fax


Mark Jaccom
President and Managing Principal
212.687.4084 tel

New York

  • Midtown North 4Q 2015

    Class A

    196.7 MMSF
    -786,800 SF
    Avg. Lease Rate
  • Midtown North 4Q 2015

    Class B

    26.6 MMSF
    Avg. Lease Rate
  • Midtown South 4Q 2015

    Class A

    43.9 MMSF
    Avg. Lease Rate
  • Midtown South 4Q 2015

    Class B

    88.9 MMSF
    889,000 SF
    Avg. Lease Rate
  • Downtown 4Q 2015

    Class A

    87.0 MMSF
    -1,044,000 SF
    Avg. Lease Rate
  • Downtown 4Q 2015

    Class B

    27.9 MMSF
    -27,900 SF
    Avg. Lease Rate

Cresa's New York City Office tracks local real estate market statistics in the five boroughs of New York City: Manhattan, Brooklyn, Queens, the Bronx and Staten Island. The Office's primary focus is in the Manhattan submarkets of Midtown North, Midtown South and Downtown.

The City is home to perhaps the most broadly diversified array of companies operating within any of the world’s largest metropolitan areas. Manhattan remains the undisputed international hub for the financial services industry and, in addition, it is home to many of the world’s leading law firms and other professional services firms. 

The City continues to attract an ever-widening range of creative services firms, including internet-based/technology companies, media organizations, publishing and communications entities. Such fast-growth organizations as Amazon, Google, Twitter, Gilt, and Facebook continue to expand here.

Cresa is active within the Manhattan office market on a daily basis and our professionals are knowledgeable about all significant current trends and market conditions.  We offer unparalleled experience in addressing the needs of the business community - - whether finding the perfect space, negotiating favorable lease terms or arranging the optimal space layout, our team offers a range of invaluable resources to help tenants find the best solutions to their occupancy needs.


Jamie Addeo Vice President 212.687.4136
Helen Ball Business Manager 212.687.0534
Peter Brestovan Vice President 212.687.4361
Jonathan Buksbaum Vice President 212.687.4206
John Cahill Principal, Senior Vice President 212.687.4518
Andrew M. Chase Vice President 212.687.4390
Howard Cross Principal, Senior Vice President 212.687.4159
Justin Halpern Principal, Senior Vice President 212.687.4164
David L. Harrell Vice President 212.687.4127
S. Kent Holliday, AIA Principal, Consulting Services 212.687.1939
Mark Jaccom President and Managing Principal 212.687.4084
Keith Keppler Senior Vice President, Consulting Services 212.687.1954
Peter Kozel, Ph.D. Principal, Consulting Services 212.687.0629
Samuel Maldonado Research Associate, Consulting Services 212.687.4371
Lisa Matos Executive Assistant 212.687.0598
Mike McKenna Senior Vice President 212.687.4183
Dolores Minardi Senior Vice President 212.687.4176
Jonathan Ortiz, CPA Vice President, Consulting Services 212.687.1372
Martha Pellegrino Senior Vice President, Project Management 212.687.1695
Nelcol Philip Controller 212.687.0652
James A. Pirot Principal, Project Management 212.687.1048
Richard Plehn Senior Vice President 212.687.1723
Jane Roundell Principal, Senior Vice President 212.687.4195
Jonathan C. Rudes Senior Vice President 631.424.4888
Stephen Santoro Principal, Senior Vice President 212.687.4240
Robert J. Sattler Vice President 212.687.0738
Barbara Singleton Receptionist 212.758.3131
Luca Smoleac, J.D. Executive Assistant 212.687.1903
Barry C. Spagna Vice President 212.687.4294
Robert P. Stella Principal 212.687.4306
Eric Thomas Principal, Senior Vice President 212.687.4314
Mark Toubin Vice President 212.687.4369
W. Clayton Trauernicht Vice President 212.687.4572
Vincent Tuminelli Principal, Senior Vice President 212.687.4575
Ed Wartels Principal, Senior Vice President 212.687.4319
Geoffrey E. Wowk Vice President, Consulting Services 212.687.1629


Subleases & Sales

Property Available Space Rental Rate
Sublease: 2500 Halsey Street
Bronx, NY
74,060 RSF Upon Request
Sublease: 540 Madison Avenue
New York, NY 10022
10,900 SF Negotiable
Sublease: 10 Hudson Square
New York, NY 10013
6,512 RSF Upon Request
Sublease: 530 Seventh Avenue
New York, NY 10018
7,400 RSF Upon Request
Sublease: 245 West 17th Street
New York, NY 10011
Entire 2nd Floor: 11,592 RSF - Entire 3rd Floor: 11,592 RSF Negotiable

Project Management

The build-out of your new workspace is not something you want to undertake alone. Our project management team is your assurance that it will happen in a timely, cost-effective way. 

We are true tenant advocates — we understand that the interests of landlords and developers are not at all the same as yours. We can run the entire project. We’ll advise on all issues of programming, feasibility, and other challenges that may affect the build-out. We’ll negotiate with the landlord, hire the architects, engineers, and any other consultants, looking out for your interests at every turn. And we’ll make sure you get the working environment you pay for — and that your people expect — by taking complete control of the following:
  • Budget — We take charge of the spending for your project, advising you of any issues and pointing out possible savings
  • Schedule — We oversee the construction schedule, informing you of key dates, making sure you have time to plan your move without disruption
  • Plans — We create a rough outline of how your space will be built out, then we select the architect to draw it up formally
  • Permits — We take care of obtaining any permits necessary for the construction of your space
  • Vendor Selection — We oversee the hiring and supervision of: designers, contractors, voice/data suppliers, and other suppliers
  • Coordinate Installs — We supervise the installation of carpet, paint, trim, wiring, lighting, system furniture, and other items required in a working office
  • Relocation Management — We can implement your entire move — hiring the mover, packing and unpacking, setting up computers, etc. — so your people can keep working with as few distractions as possible


James A. Pirot
Principal, Project Management

Martha Pellegrino
Senior Vice President, Project Management


Why Cresa?

We think of real estate as a business tool — one that goes beyond just your operational needs to help you enhance your image, attract top talent, and drive profitability.

Accordingly, our approach to real estate is entirely strategic. Before we think about your space requirements, we think about the business needs behind them. Only by understanding those needs can we address them in a meaningful, goal-oriented way.

We advise commercial tenants exclusively — no landlords, no developers — so we can be completely objective and conflict-free. By concentrating single-mindedly on tenant issues, we gain both the perspective and the experience to level the playing field in landlord-tenant relations. We are, in every sense, the tenant’s advantage.

This unique focus is supported by a complete array of integrated services that cover every stage of the real estate life cycle, from the planning to the transaction to the implementation. These services drive the tactical execution behind our strategic thinking, and they lead directly to solutions that reduce costs, improve operations, and enhance the performance of your workforce.

Charitable Affiliations