C&W's new NY chief shares experience.Richard "Rick" Donahue, the recently appointed New Yorkbranch manager for Cushman & Wakefield, said he is not looking to effect major changes. Fresh from the trenches of brokerage, Donahue said the best thing he can offer the company's brokers, appraisers and property managers is his perspective on what it's like to be in the field. "I can come up with creative solutions based on my own experience," said Donahue who as a Cushman & Wakefield branch manager will not directly participate in deal making. In particular, he said, he can offer tips on closing deals and approaching new clients. Donahue has been with Cushman & Wakefield since 1973. His recent leasing agency assignments included Americas Tower at 1177 Sixth Avenue. Other agency assignments have included: 780 Third Avenue and 521 Fifth Avenue. Among the tenants he has represented are: Paine Webber Paine Webber and Company was an American stock brokerage firm that was acquired by the Swiss bank UBS AG in 2000. The company was founded in 1880 in Boston, Massachusetts, by William Alfred Paine and Wallace G. Webber. , Bank of Boston, Pitney Bowes  This article or section is written like an .Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . , Citibank and Chase Manhattan Bank The Chase Manhattan Bank, now part of JPMorgan Chase, was formed by the merger of the Chase National Bank and the Bank of the Manhattan Company in 1955. The bank is headquartered in New York City. . In his new position, Donahue replaces Jim Vanderslice who was promoted to eastern regional director. Vanderslice's territory covers the entire East Coast and includes Texas. Donahue is responsible for the administration of the midtown and downtown offices of the New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of operation, which includes some 350 brokers, managers, appraisers and support people. Evolution in Service In addition to advising brokers, Donahue said he will be helping his company continue to respond to the "evolution" in service -- the greater need for financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , the growth of institutional ownership, and the globalization globalization Process by which the experience of everyday life, marked by the diffusion of commodities and ideas, is becoming standardized around the world. Factors that have contributed to globalization include increasingly sophisticated communications and transportation of the industry. "We have a lot of new challenges as an industry ... the needs are becoming different," he said. In light of that, Donahue said he will be paying special attention to "matching" brokers and clients based on their talents and needs. Cushman & Wakefield, he notes, now has brokerage arrangements with a real estate service companies in Europe, Mexico, and Canada. They plan to soon complete an arrangement with a Pacific Rim Pacific Rim, term used to describe the nations bordering the Pacific Ocean and the island countries situated in it. In the post–World War II era, the Pacific Rim has become an increasingly important and interconnected economic region. concern. |
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