Since the beginning of Marcella Fasulo’s real estate career in 2005, she has worked on some of New York’s and the United States’ highest profile transactions, representing both domestic and international clients. Along with her team, Fasulo has secured equity for, or advised on the sale of, $90 billion of asset sales to offshore investors. She has participated in the sale, JV or recapitalization on approximately $200 billion overall. Fasulo joined the Newmark platform in 2023, based in New York City.
Fasulo’s transaction experience spans from trophy and boutique assets in New York City, to trophy and large portfolio multifamily assets, to some of NYC’s largest development sites, and large national industrial portfolios. She has sourced dozens of first time to US or first time to asset class buyers. She continues to serve as a trusted advisor to offshore institutional and high net worth clients as they expand their acquisitions efforts.
Fasulo and her team were previously at Cushman and Wakefield for nearly seven years, where she was most recently a Vice Chairman. Fasulo began her real estate career at CBRE on the New York City Institutional Sales Group, where she was most recently a Senior Vice President and served for a combined decade.
Fasulo was named “40 Under 40” by Crain’s New York in 2018. She is on the Board of Advisors for the NYU Schack Institute of Real Estate, as well as the Board of Advisors of LDS, a Nordic Bond Fund. She is on the Membership Committee at WX. She was named under Bisnow’s Leading Women in Real Estate as well as GlobeSt’s Women of Influence.
Recent Transactions
Office:
- 49% Interest Sale of 1 Manhattan West to Blackstone, $2.85 billion GAV
- Sale to SL Green and 49% Interest JV in 11 Madison Avenue to PGIM, $2.6 billion
- Sale of 30 Hudson Yards/ Time Warner Unit to Related, $2.155 billion
- 49% Interest Sale in 1515 Broadway to Allianz, $1.95 billion
- Sale of the Coca Cola Building at 711 Fifth Avenue, $950 million
- Sale of 100 Pearl Street to Commerz, $850 million
- Sale of 801 Brickell in Miami to Monarch/ Tourmaline, $250 million
Multifamily:
- Placement of Preferred Equity/ Representation of Buyer on the Solow Residential Portfolio ($1.5 billion GAV)
- Sale of American Copper to Black Spruce, $837 million
- Sale of 19 Dutch Street to Pontegadea, $525 million (in their first residential acquisition in the US)
- Creation of a national Medical & Educational Apartment Development JV between a Sovereign Wealth Fund and operator, $350 million in equity
- Sale of the Lyric to Eugene / Meritz, $266 million (in their first residential acquisition in the US)
- Sale of the Dime to NH Securities, $150 million
Industrial:
- 49% Interest Sale of IAC Industrial Portfolio to PGIM, $700 million
- Sale of Amazon/FedEx Portfolio to Mirae Asset Global Investors, $365 million
- Sale of 650 Columbia Street Amazon to CBREI, $330 million
- Sale of Amazon Beloit to Quadreal, $151 million
- Sale of Amazon Teterboro to Goodman, $147 million
- Sale of Amazon St Peters to Pontegadea, $122 million
Retail:
- Sale of 693 Fifth Avenue/ Valentino Building to Fimalac, $525 million
- Sale of 1600 Broadway to Paramount/ BVK, $191.5 million
- Sale of 11 East 68th Street to Status Capital, $85 million
- Sale of Tiffany Palm Beach to Reuben Brothers, $26 million
Hotel:
- JV Recapitalization of 1568 Broadway / TSX, $1.95 billion
- Sale of Park Lane Hotel to Witkoff/Jynwel/ Highgate, $660 million
- Sale of Note at St. Regis Bal Harbour to Reuben Brothers, $132 million
- Sale of Renaissance Times Square to New Bond, $165 million
Development:
- Sale of 76 Eleventh Avenue to HFZ, $870 million
- Sale of 550 Washington Street to Oxford, $700 million
- Sale of 80 South Street to Oceanwide, $390 million
- Sale of Leased Fee Interest in Land at Steinway Building to JDS/ PMG, $131.5 million
Education
Fasulo received a Bachelor of Science from Lehigh University.