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W&H:: Mr. Burgio, you recently negotiated a full-floor deal at the Empire State Building with Funaro & Co, which moved from One Penn Plaza. What prompted you to show Funaro this space? MB: The Empire State Building is an American icon. It has a fabulous location equidistant from both Grand Central and Port Authority/Penn Station, and the views are phenomenal. Plus, thanks to the recent rebuilding and rebranding efforts, it is truly a quality property. W&H:: What did Funaro like about the space? MB: Funaro's deciding factors were the same things that appeal to the brokerage community: the location, the quality of the building, and, in this case, the magnificent views from, and the unique high ceilings on, the 41st floor. W&H:: What were the leasing negotiations like? MB: I would describe them as decisive and pleasant. The result was that I felt that my client got a good deal and that W&H got a good deal. W&H:: In general, how would you characterize your interactions with W&H? MB: They were wonderful. I enjoyed working with the leasing people - Fred Posniak and Steve Eynon, in particular - and the technical people. They were a real pleasure to deal with. It's all about time, and the process was completed expeditiously. W&H was also very fair about compensation and fee issues, and paid on time. In short, my experience with W&H was excellent. |
A Healthy Outlook at W&H Properties: Low Debt, Capital Upgrades, and Delivery on Promises | W&H Celebrates Five Years and Honors Brokers At Annual Event at '21' Club | W&H's New Year's Resolutions | Employee Profile: Theresa Morzello | Leasing Update | Tenant Profile: ML Management Associates, Inc. | Heard in the Hallways | Community Activities Update | Spaces in the Spotlight | Retail on the Radar | Employee News | Show, Lease & Win | Tenant's Corner: Already Green, Going Greener | W&H Tenants Enjoy Macy's Thanksgiving Day Parade From Best Seats in the House | Thinking of Commercial Real Estate As an Investment? Think of Us. | Comissions Available to Pay at W&H Properties | Q & A with Michael Burgio, Executive Vice President of Cushman & Wakefield | AVAILABLE SPACE | Return to Newsletters |