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[24 Jan 2013 | No Comment | ]
Sherman Cohen, co-founder Cohen Brothers Realty, dies at 91

New York-based real estate builder, developer and owner, Sherman Cohen, who co-founded Cohen Brothers Realty & Construction Corp. with his two brothers in 1959 passed away on Tuesay, January 22nd at New York-Presbyterian Hospital. He was 91.

Born in Suffolk, Virginia, and raised in Newport News, Sherman worked in his family’s haberdashery stores before relocating to New York City in the late 1940′s with his older brothers, Mortimer and Edward.

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[24 Jan 2013 | No Comment | ]
RXR Realty signs 99 year lease for 75 Rockefeller Plaza

Cushman &Wakefield announced on Thursday that investment and operating company RXR Realty entered into a 99-year lease for 75 Rockefeller Plaza in Midtown.

The Cushman & Wakefield team included Chairman of Global Brokerage, Bruce Mosler; Head of Corporate Finance, Michael Rotchford; Executive Vice President of Investment Sales, Helen Hwang; and Executive Director of Corporate Finance, Louis Wolfowitz.

“As one of New York City’s premier real estate operators, RXR Realty will bring strong development, leasing and management expertise to 75 Rockefeller Plaza,” said Arthur Mirante, Tri-State President of Avison Young, who also worked on the deal. “[I] look forward to seeing the restoration of this landmark Manhattan office building.”

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