NKF to manage Mack's 101 Hudson.Newmark Knight Frank is going to soon be taking over the agency assignment for 101 Hudson Street Hudson Street can refer to:
An in house team at Mack-Cali previously handled leasing in the building, but a source revealed that the company may be handing off the assignment as part of a quid pro quo [Latin, What for what or Something for something.] The mutual consideration that passes between two parties to a contractual agreement, thereby rendering the agreement valid and binding. . Newmark is buying a portion of the Gale Company, the real estate firm that Mack-Cali purchased last year for $500 million, and the source said the agency work was likely included as an added perk perk 1 v. perked, perk·ing, perks v.intr. 1. To stick up or jut out: dogs' ears that perk. 2. To carry oneself in a lively and jaunty manner. that will grease the wheels of the transaction. Mitchell Hersh, Mack-Cali's president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , wouldn't confirm whether Newmark would get the assignment, but mentioned broker Scott Panzer as a likely candidate to represent the building. "We have a great relationship with both the firm and him," Hersh said. In recent weeks, Mack-Cali took over leasing of Harborside har·bor·side n. The area adjacent to a harbor. Financial Center from CB Richard. Hersh said that the decision to handle leasing was made because the 3.6 million s/f complex was virtually fully leased. |
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