Stacom's the $7.1b woman.Darcy Stacom, executive vice president at CB Richard Ellis CB Richard Ellis Group, Inc. NYSE: CBG is a multinational real estate corporation currently based in Los Angeles, California, U.S.A.. On December 20, 2006, the corporation, also known as CBRE, completed acquisition of Trammell Crow Co. in a transaction valued at $2. , was the firm's top-producing broker nationally in 2005. As head of the firm's New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. Investment Properties Institutional Group, Stacom and her team were responsible for $7.1 billion worth of office and multi-family residential Multi-family residential is a classification of housing where multiple separate housing units are contained within one building. The most common form is an apartment building. Many intentional communities incorporate multi-family residences, such as in cohousing projects. property sales last year. "Darcy has long been one of the most productive brokerage professionals in 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 market, and she took her performance to an even higher level in 2005," said Brett White Brett White (born April 8 1982 in Cooma, New South Wales) is an Australian professional rugby league footballer. He plays for the Melbourne Storm in the National Rugby League. , CB Richard Ellis' president and chief executive officer. "The volume of business she generated is truly remarkable, and stands in testament to the strategic advice and precise execution she offers New York City investors on a daily basis. I congratulate Darcy on her rise to the pinnacle of our 2,200-person national sales force." In New York City alone, Ms. Stacom, her partner William Shanahan and their team last year sold $4.6 billion of office buildings--estimated at 40 percent of the total office investment activity in Manhattan last year--and $1.6 billion of multifamily residential assets. "No one in New York is better than Darcy at identifying and unlocking the true value of a real estate asset," said Mary Ann Tighe, chief executive officer of the New York Tri-State Region For other tri-state regions, see . The Tri-State Region is commonly used in the area surrounding New York City to unambiguously refer to the greater metropolitan area. Sometimes the phrase is shortened to "the Tri-State," or "the Tri-State Area" is used instead. of CB Richard Ellis. "Whether transacting the city's largest residential sale or creating a new use for a historic office building, Darcy's innovative thinking, financial acumen, energy and second-generation real estate savvy have made her the gold standard in the New York investment market." Ms. Stacom and her team completed several groundbreaking transactions in 2005, including: * The $918 million sale of the 1.2 million-sq.-ft. historic landmark MetLife Building The MetLife Building, originally called the Pan Am Building, is a skyscraper located at 200 Park Avenue in New York City. History The Pan Am Building was the largest commercial office building in the world when it opened on March 7, 1963. at One Madison Avenue Madison Avenue, celebrated street of Manhattan, borough of New York City. It runs from Madison Square (23d St.) to the Madison Bridge over the Harlem River (138th St.). In the 1940s and 50s, some of the major U.S. . The transaction includes a partial residential conversion of the north tower and substantial air rights for the eventual construction of new condominiums in the south tower. * The sale of Manhattan's historic Helmsley Building The Helmsley Building is a 35-story building straddling Park Avenue. Before the erection of the Pan Am Building, now the MetLife Building, this building was the city's dowager queen, lording it over the city's second most prestigious avenue and marking the elegant heart of the city at 230 Park Avenue for $705 million. The 34-story Beaux beaux n. A plural of beau. Arts-style tower of granite, limestone and brick recently underwent a $50 million restoration. * The record-breaking sale of the 583-apartment Manhattan House at 200 E. 66th St. for $625 million. The sale, $1.072 million per apartment, substantially exceeded the previous record for a residential property sale in Manhattan. Other notable transactions include the sale of The Sheffield at 322 West 57th Street for $418 million, the International Toy Center buildings at 200 Fifth and 1107 Broadway for $355 million, New York's well-known "Lipstick Building" at 885 Third Avenue for $335 million and one of Lower Manhattan's landmark former office towers at 25 Broad for $260 million. Stacom's team also successfully executed a variety of mid-sized transactions, including the $60 million sale of 1414 Avenue of the Americas, a boutique, 19-story office building near Central Park and home to financial companies and showroom tenants. In addition, she represented the Archdiocese of New York in the successful marketing of the 100,000-sq.-ft., mid-block Sacred Heart development site in Kips Bay, which sold for $31 million. Dubbed the "Queen of Skyscrapers" by the Wall Street Journal, Stacom is a 25-year veteran of the real estate industry. She and her team have completed a wide range of transactions, from sales of office, residential, retail and hotel properties, to leaseholds, fee interests, long-term leases, partial interests and estates. Stacom and her team have also been active in the capital markets, having completed numerous financings, including primary mortgages, mezzanine and preferred equity structures, note sales and participating financing. |
|
||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion