William Lee joined Newmark in 2009 and currently serves as Senior Managing Director in the firm’s New York City Capital Markets practice. During his tenure with Newmark, Lee worked on the sale, financing and ground lease of major investment properties and development sites in the greater New York area. Included among these projects are the sale-leaseback and partial redevelopment of the CME Group’s One North End Avenue in Lower Manhattan, the sale of the residential development site at 109 Montgomery Street on behalf of the Brooklyn Botanic Garden and the sale of a long-term leasehold interest in 111 Wall Street.
Lee has also provided consulting services to major public-sector clients. Projects include the Empire State Development’s evaluation of private-sector partner bids on Manhattan’s Moynihan Station redevelopment, the Metropolitan Transportation Authority’s expansion of the Long Island Rail Road Concourse in Pennsylvania Station and the U.S. Department of Transportation’s assessment of collateral backing a $526 million TIFIA infrastructure loan.
Prior to joining Newmark, Lee worked with Deutsche Bank and Cushman & Wakefield in both real estate equity investment and commercial brokerage. At Deutsche Bank, he was part of a team managing the $2.5 billion East Coast portfolio of a co-mingled diversified commercial real estate equity fund consisting of office, industrial, multi-family and retail properties. At Cushman & Wakefield, Lee was a member of the firm’s Washington, D.C. investment sales teams specializing in office and multi-family property sales.
Lee is a Counselor of Real Estate, a member of the CFA Society of New York (CFA Charterholder), serves on the President’s Advisory Council at La Salle University and has served as an adjunct professor of real estate at CUNY’s Baruch College.
Lee holds a Master of Business Administration degree from Duke University and a bachelor’s degree from La Salle University.