PROFESSIONAL PROFILE
MARY ANN TIGHE
Chief Executive Officer
New York Tri-State Region
T: +1 212 984 8128
F: +1 212 984 8322
[email protected]
TRANSACTION HIGHLIGHTS
2017

Represented 21st Century Fox in its 784,000-square-foot headquarters’
extension and expansion at 1211 Avenue of the Americas.

Represented News Corp in a new 440,000-square-foot headquarters’ lease at
1211 Avenue of the Americas.
2016

Represented Coach in a 694,000-square-foot leaseback at 10 Hudson Yards.
Coach purchased its condo interest for $530 million in 2013. Upon sale, it
received $707 million and secured a 20-year below-market rent.

Represented 55 Water Street’s ownership in the largest Manhattan lease since
2014, the renewal of McGraw-Hill Financial’s 900,027-square-foot lease.

Represented L&L, the developer, in its 211,400-square-foot anchor lease with
Citadel at 425 Park Avenue. This transaction represented the most expensive
lease in New York City’s history, perhaps even in U.S. history, achieving rents
that culminated in a $300 per square foot rent on the top floor.

CBRE’s top producer firm-wide in 2016.
2015

Represented GroupM in its 171,495-square-foot expansion at 3 World Trade
Center.

Represented 7 Bryant Park’s developers, a joint venture of Hines, Pacolet
Milliken Enterprises and JPMorgan Chase, in the sale of the 475,000-squarefoot leasehold to the Bank of China for $600 million. The building was
delivered empty, with its TCO in place.

Renewed J. Walter Thompson’s 288,793-square-foot lease at 237 Park
Avenue.

Represented Fiduciary Trust in its 128,993-square-foot headquarters
relocation to 280 Park Avenue.
2014

Represented AMC in its 310,016-square-foot renewal and expansion at 11
Penn Plaza.

Represented GroupM in the 515,456-square-foot lease that anchored 3
World Trade Center.

Represented Sony in its 579,205-square-foot lease at 11 Madison, creating a
“building within a building” with a new address, 20 Madison Avenue.

Created a joint venture between LargaVista Companies and Related
Companies for a new 83,000-square-foot building to be developed at 300
Lafayette.

Became the agents for Vornado and SL Green Realty Corp. for the
repositioning of 280 Park Avenue. In the first year brought the tenancy from
50% to 75% at rents more than 25% higher.

Represented Teach for America in its 172,774-square-foot headquarters lease
at 25 Broadway.

CBRE’s top producer firm-wide in 2014.
PROFESSIONAL PROFILE
MARY ANN TIGHE
Chief Executive Officer
New York Tri-State Region
T: +1 212 984 8128
F: +1 212 984 8322
[email protected]
2013

Represented Coach in its acquisition of a 737,774-square-foot condo interest
in 10 Hudson Yards, a 1.7 million-square-foot tower to be built as the first
building in Related’s Hudson Yards’ development. The Coach deal won
REBNY’s 2013 Henry Hart Rice Award (Deal of the Year).

Represented Warner Music Group in its 293,487-square-foot headquarters
relocation to 1633 Broadway.

Represented Harper Collins in its 180,748-square-foot headquarters lease at
195 Broadway.
2012

Represented Young & Rubicam in its 339,132-square-foot headquarters move
to 3 Columbus Circle. Y&R bought 214,372 square feet as a condo interest
and leased 124,760 square feet for 20 years. Y&R subsequently relocated
from 285 Madison Avenue, where it had been headquartered for 85 years. In
December 2012, CBRE sold 285 Madison for $189.2 million.
2011

As agent for 1540 Broadway, developed a strategic repositioning plan and
completed a successful lease-up of the property in less than two years. Helped
sell a 49% interest in November 2010 and the remaining 51% interest in
September 2011, resulting in a gross IRR to investors of 63%.

Represented Condé Nast in its 25-year, 1,185,035-square-foot lease at One
World Trade Center, the nation’s tallest building. This transaction was widely
heralded as a transformational deal for Downtown Manhattan and the World
Trade Center site. It was the largest lease signed Downtown in 25 years. The
Condé Nast deal won REBNY’s 2011 Robert T. Lawrence Award (Deal of the
Year)

CBRE’s top producer firm-wide in 2011.
2008

Represented CUNY/Hunter College in a transaction to build a 147,592square-foot building to house the Hunter College School of Social Work at
171 East 118th Street. This deal was six years in the planning and involved a
swap of the school’s existing facility on 79th Street.

Represented Ogilvy & Mather in a 565,000-square-foot-lease for its new
worldwide headquarters. Ogilvy leased all of 636 Eleventh Avenue, a former
candy factory that subsequently became a Class A office building with
amenities such as rooftop terrace, gym, cafeteria and shuttle service to Times
Square. The building was named for Ogilvy. Real Estate Forum selected this
transaction as the U.S.’s #1 Leasing Deal of 2008.

CBRE’s top producer firm-wide in 2008.
PROFESSIONAL PROFILE
MARY ANN TIGHE
Chief Executive Officer
New York Tri-State Region
T: +1 212 984 8128
F: +1 212 984 8322
[email protected]
2007

Represented Grey Group in a 370,000-square-foot lease for its new
headquarters at 200 Fifth Avenue, a LEED certified building across from
Madison Square Park. The Grey deal won REBNY’s 2007 Henry Hart Rice
Award (Deal of the Year).

As agent for Macklowe Properties, renewed Cravath, Swaine & Moore’s
615,591-square-foot lease at 825 Eighth Avenue. This was Manhattan’s
largest lease in 2007.

Represented Edelman Public Relations in a 127,000-square-foot lease for its
new headquarters at 250 Hudson Street. Edelman gained signage at 250 and
a private rooftop conference center.
2006


Represented Limited Brands in a Midtown Manhattan consolidation of
360,000 square feet at 1740 Broadway. The building was named for the
Limited, with a private elevator lobby and loading dock for the firm’s exclusive
use.
As agent for the Forest City Ratner condo in the New York Times Building,
completed a successful lease-up of the speculatively built 600,000-squarefoot space at rents in excess of an average $80 per sq. ft., a record for the
Eighth Avenue and 41st Street location. Transactions included Seyfarth Shaw
(96,909 sq. ft.), Covington & Burling (160,565 sq. ft.), Osler (63,506 sq. ft.),
and Legg Mason (197,749 sq. ft.).
2005

Sold the New York Academy of Sciences’ headquarters at 2 East 63rd Street
for $31.25 million or $1,250 per sq. ft., the highest price recorded to date for
a single-family residence in New York City. Relocated the academy to a
40,000-square-foot floor at 7 World Trade Center, the first lease signed at the
World Trade Center since 9/11.

Represented CIT in its selection of 505 Fifth Avenue, a 270,000-square-foot
development at the corner of 42nd Street, as its new headquarters. CIT’s
130,116-square-foot lease anchored the tower, which was called The CIT
Building. Also completed a 100,000-square-foot lease for CIT at 11 West
42nd Street to house support operations.
2004

Repositioned the General Motors Building in the aftermath of Conseco’s sale
to Macklowe Properties. Completed 375,000 square feet of renewals and new
leases at an average rent of $105 per sq. ft., achieving a record rent for
Manhattan office space in the process ($125 per sq. ft.). In 24 months,
increased the GM Building’s value from $800 million (Trump ownership) to
$1.4 billion (Conseco ownership) to $1.7 billion (Macklowe ownership). As
Macklowe’s leasing agent, was part of the team whose ongoing efforts
culminated in the sale of the GM Building in 2008 for $2.8 billion.

Sold the New York Times’ 500,000-square-foot, 91-year-old headquarters,
229 West 43rd Street, for $175 million (building delivered vacant).

Represented PricewaterhouseCoopers as co-broker in the acquisition of its
800,000-square-foot world headquarters at 300 Madison Avenue. The
building is named the PricewaterhouseCoopers Center.
PROFESSIONAL PROFILE
MARY ANN TIGHE
Chief Executive Officer
New York Tri-State Region
T: +1 212 984 8128
F: +1 212 984 8322
[email protected]
2004 (continued)


Represented Fairchild Publications in a 261,000-square-foot lease for space
to house its headquarters at 750 Third Avenue.
Co-brokered the sale of the Maxwell House site, a 24-acre development site
on the Hoboken, New Jersey waterfront, at a record land price of $76 million
or $3.15 million per acre.
2003

Acting as agent for owner Conseco, renewed the Estée Lauder 310,000square-foot lease at the General Motors Building for 15 years.

Represented the owner of 55 Water, the Retirement Systems of Alabama, in
the Health Insurance Plan of Greater New York’s (HIP) 555,915-square-foot
lease, the largest in New York City since 9/11, and the first major relocation
from Midtown to Downtown since the attacks on the World Trade Center. This
transaction received NAIOP’s 2003 New York Deal of the Year award.
2002

As agent for Forest City Ratner’s Atlantic Terminal at 2 Hanson Place, in
Brooklyn, New York, secured Bank of New York’s 317,572–square-foot lease
that anchored the 773,000-square-foot development.

Represented Marsh, Inc. in its 423,000-square-foot lease, which anchored
121 River Street, Phase II of SJP Properties’ Waterfront Corporate Center in
Hoboken, New Jersey. Marsh received $12.5 million NPV in discretionary
incentives from the State of New Jersey.
2001

As agent for the Port Authority of New York and New Jersey, secured the net
lease of the 412,000-square-foot Newark Legal Center. This transaction won
NAIOP’s 2002 New Jersey Deal of the Year award.

Sold 1356 Broadway, a landmarked former bank building, on behalf of
Himmel + Meringoff Properties. This transaction won REBNY’s 2001 Most
Creative Retail Deal of the Year.

Representing the New York Times Company (NYTC), arranged a network of
joint ventures enabling the construction of a new 1.6 million-square-foot
tower at 620 Eighth Avenue. The transaction included a joint venture between
NYTC and developer Forest City Ratner (FCR), which became two
condominium interests upon construction completion; a 99-year, $85.6
million ground lease/land acquisition agreement between NYTC, FCR, and
the City and State of New York; and a $26.2 million discretionary incentive
package for NYTC from the City. When occupied in 2007, this was the Times’
first new headquarters in a century. The New York Times deal won REBNY’s
2001 Henry Hart Rice Award (Deal of the Year).

Represented Empire Blue Cross Blue Shield in its 330,000-square-foot lease
at Forest City Ratner’s 15 MetroTech Center, anchoring a new 653,000square-foot building completed in 2003. This transaction is one of a group of
four short-term and two long-term transactions aimed at getting 2,000 World
Trade Center-based Empire employees back to work in the aftermath of 9/11.
All deals were completed within two months.
PROFESSIONAL PROFILE
MARY ANN TIGHE
Chief Executive Officer
New York Tri-State Region
T: +1 212 984 8128
F: +1 212 984 8322
[email protected]
2001 (continued)

In addition to the post 9/11 Empire transactions, spearheaded the relocation
of the Port Authority’s and Marsh & McLennan’s WTC operations, completing
1.7 million square feet of short-, medium- and long-term deals, accounting
for approximately 20% of WTC occupancy, within 90 days after the attack.
2000

Represented John Wiley & Sons in its 400,000-square-foot lease, which
anchored 111 River Street, SJP Properties’ development of the 1.1 millionsquare-foot Waterfront Corporate Center in Hoboken, New Jersey. Wiley
received $15 million NPV in discretionary incentives from the State of New
Jersey.

Sold 270 Broadway on behalf of the State of New York for the highest price
ever obtained for a state property.
1998

Represented Christie’s in its lease of 300,000 square feet from Tishman
Speyer Properties at Rockefeller Center. Solved the auction house’s
longstanding North American headquarters requirement by combining two
buildings and a garage to form 20 Rockefeller Plaza, an address created for
Christie’s.

Sold 350 Madison Avenue to Max Capital Management Corp. on behalf of
Condé Nast.
1997

Created a strategic plan that led to the restructuring of Empire Blue Cross Blue
Shield’s 2 million-square-foot portfolio. As part of this effort, a 465,000square-foot lease at One World Trade Center was executed and its Midtown
headquarters, 622 Third Avenue, was sold. This transaction received REBNY’s
1997 Robert T. Lawrence Memorial Award (Deal of the Year).

Sold 685 Third Avenue on behalf of Leucadia National Corporation.

Represented the Federal Reserve Bank of New York in its 400,000–squarefoot lease at 33 Maiden Lane.
1996

Represented Condé Nast in its acquisition of 720,000 square feet from The
Durst Organization at 4 Times Square, anchoring the construction of a 1.6
million-square-foot tower. The Condé Nast Building was the only new
Midtown office building completed in the 1990s, ending the longest New York
City construction drought since World War II. It was also the first building to
be developed as part of the Times Square Re-Development Plan, and the first
“green” skyscraper constructed in New York. The Condé Nast deal won
REBNY’s 1996 Henry Hart Rice Award (Deal of the Year).

On behalf of the New York Times Company, sold 110 Fifth Avenue.
1993

Represented the Rockefeller Foundation in its purchase of a commercial
condominium at 420 Fifth Avenue.
PROFESSIONAL PROFILE
MARY ANN TIGHE
Chief Executive Officer
New York Tri-State Region
T: +1 212 984 8128
F: +1 212 984 8322
[email protected]
1992

Represented Random House in its net lease of 825 Third Avenue, a 500,000square-foot property, from The Durst Organization.

Represented the Internal Revenue Service in its 240,000-square-foot lease at
The Durst Organization’s 1133 Avenue of the Americas. This complex
transaction won REBNY’s 1992 Robert T. Lawrence Memorial Award (Deal of
the Year).
1991

Represented Sony in its net lease of the former AT&T headquarters at 550
Madison Avenue, at 770,000 square feet, the nation’s largest transaction that
year.