Geoffrey Newman joined Newmark in 2012, adding to the roster of industry leaders forming the firm’s tenant representation platform. Mr. Newman brings a broad scope of brokerage capabilities to bear on behalf of his clients with a unique focus on universities and not-for-profit organizations, ground-up development, air rights and construction management. He has also represented tenants from a wide range of industries, including Calvary Church, the Community Service Society, The Continuum Company, CUNY, DHL, Fotografiska, the United Charities Corporation and SUNY.
RECENT LARGE-SCALE TRANSACTIONS:
- 267 Broadway: Represented Roe Corporation in the multi-parcel assemblage and disposition of a 131,000-square-foot development site located along Broadway between Warren and Chambers Streets.
- The Coop Corporation at 33 East 22nd Street: Represented the Coop in the sale of 64,000 square feet of excess development rights. The assignment required the assemblage of more than 230,000 square feet of air rights from seven different parcels as well as the development of 25,000 square feet of low-income housing and the generation of more than 60,000 square feet of Inclusionary Housing certificates. The project was developed into an 800-foot-tall luxury high-rise at 45 East 22nd Street.
- The United Charities: Represented the United Charities Corporation in the disposition of its 121,059-square-foot headquarters location at 287 Park Avenue South for $128 million. The United Charities Corporation is made up of the Community Service Society of New York, the Children’s Aid Society and the New York City Mission Society.
- The Continuum Company: Represented The Continuum Company in its acquisition of 1800 Park Avenue from Vornado. The 600,000-square-foot property, located at 125th Street and Park Avenue in Harlem, will represent the first large-scale development in East Harlem and will consist of more than 550,000 square feet of market-rate and low-income housing as well as 70,000 square feet of retail.
- The Community Service Society of New York: Represented the Community Service Society of New York in its purchase of a 44,779-square-foot condominium located at 633 Third Avenue.
- Fotografiska: Represented the Museum of Photography in its long-term net lease of the entire 45,000-square-foot building at 281 Park Avenue South.
- New School University: Completed multiple transactions, including the development of a 205-person build-to-suit dormitory and a new, 343,000-square-foot University Center; the leasing of 194,300 square feet at 79 Fifth Avenue, as part of a major campus expansion: the structuring and subsequent sale of a leasehold condominium retail space on Fifth Avenue: and the air rights transfer and zoning lot merger at Fifth Avenue and 14th Street, among others.
- DHL: Structured a 20-year net lease of the entire 250,000-square-foot building at 500 Tenth Avenue in a deal valued at more than $181 million. The complex transaction involved the buyout of two existing tenants, the management of the city’s West Side rezoning and the complete reconstruction of the building’s interior, including hazardous waste removal and permitting.
In 2018, Mr. Newman received the Real Estate Board of New York’s (REBNY’s) Most Ingenious Deal of the Year award. He was a runner-up for the award in 2015.
An active member of his community, Mr. Newman currently serves on the board of directors of the Community Service Society of New York.
From 2008 to 2011, Mr. Newman lived in Cairo, where he worked with members of the Coptic Christian minority on local projects designed to create sustainable businesses thorough personal loans.
Mr. Newman earned a Bachelor of Science degree in political science from the University of Massachusetts.
Mr. Newman lives in Manhattan with his wife, daughter and son.