It's that time of year when people work hard to keep the resolutions they made for the New Year. We're very familiar with this process. After all, one of the W&H hallmarks is repeatedly keeping resolutions to deliver on our promises.

For instance, our fifth year anniversary this fall celebrated the fulfillment of many promises we made when W&H was established.

Here are a few examples:

  • We established a widely recognizable, respected brand known for commitment, quality, and service.
  • We installed top leasing and managing agents CB Richard Ellis, Cushman & Wakefield, and Newmark Knight Frank to provide responsive on-site management, construction, and turn-key leasing services.
  • We paid more than $33.2 million in commissions to brokers, all 100% upon signing.
  • We committed $1.5 billion in top-to-bottom upgrade programs that have transformed the properties into premier business environments.
  • We leased in excess of 3.3 million square feet of space to such prestigious firms as Actimize, Aeropostale, Aetna, Coty, Ellen Tracy, Equifax, Funaro & Co., Li & Fung, Mandarin Oriental, Metropolitan Life Insurance Company, Océ, Paymentech, Pearson LLC, Skanska and Warnaco, among many others.
  • We implemented successful space consolidation programs portfolio-wide, reducing total tenant count of the portfolio by 33 percent while substantially increasing occupancy with better credit tenants.
  • We earned four Building Owners Management Association (BOMA) New York Pinnacle awards, among other honors.
  • We delivered market-ready, high-quality spaces ranging from smaller pre-built units to build-to-suit full-floor opportunities.
  • We standardized leasing procedures throughout the portfolio to ease the leasing process from the first property tour to tenant move-in.
  • We guaranteed hands-on, flexible, broker- and tenant-friendly ownership. But we're not done yet. One of our ongoing resolutions is not to rest on our laurels. So, like many people, we have several resolutions for the upcoming year. And we're going to keep them. Here's what you can expect:
  • Continuation, and completion in some of our buildings, of our $1.5-billion-dollar portfolio-wide upgrade program.
  • Continued payment to brokers of 100% of their commissions upon signing. Currently, there are approximately $30 million of commissions to be paid on available space.
  • Consolidation of more space to create room for mid-size to larger, credit-worthy companies that require multi-floor blocks, full floors or partial floors.
  • Expansion of the offerings of our hugely popular pre-built program.
  • Creation and/or further enhancement of outstanding retail opportunities in Manhattan neighborhoods with the highest pedestrian traffic counts.
  • Continuation of the easy, quick and efficient leasing process you've become accustomed to at W&H Properties.
  • Expanded sustainability initiatives at each building.
  • Continuing rewards to tenants and brokers through Refer, Lease & Win® and Show, Lease & Win®, respectively.
  • Sponsorship of a wide range of programs and events that benefit our local community.
  • Easier access for tenants and brokers to W&H information, viewing availabilities, and services requests online.
  • Continuation of more than 75 years of financial stability and dedication of ownership, along with low-leveraged debt-to-value properties.

Now, it's your turn. Make a resolution to visit our Pre-War Trophy towers in the near future and see what we can offer you and your clients. Since our properties are all in the most convenient locations in Midtown Manhattan, and no appointment is ever needed, it's one resolution that's easy for you to keep.

Happy New Year!



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 |


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