Savills LLC appoints Ruggiero and Benn as VPs

David Ruggiero and Guy Benn have joined Savills LLC as VPs. Both executives bring a range of real estate banking experience to Savills. Prior to joining Savills, Ruggiero worked in Goldman Sachs' investment banking division, where he was responsible for the underwriting and financial due diligence for several major transactions. He previously worked at Jones Lang LaSalle and Cushman & Wakefield. Benn will focus on cross-border transactions, specifically advising overseas clients on ways to tap the U.S. commercial real estate investment market, and advising domestic investors on opportunities overseas. Â Benn joined the London office of parent company Savills in 2000, qualifying as a chartered surveyor in 2003. Â In 2004, Benn joined Savills' City Investment Team.

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Meridian Capital Group arranges 10-year retail lease for Mess at 236 West 10th St.

Manhattan, NY According to Meridian Capital Group, Jordan Langer, Noam Aziz and Carson Shahrabani of the firm’s retail leasing team have arranged a five-year lease at 236 West 10^thSt. in Greenwich Village

Houlihan Lawrence Commercial sells residential development site for $2.1 million

Houlihan Lawrence sells development site for $2.1m

GFP Real Estate signs Knit Illustrated to 4,051 s/f five-year lease at 247 West 37th St.

GFP R.E. signs Knit Illustrated to 4,051 s/f at 247 West 37th St.

The Feil Organization signs 15-year, 46,000 s/f renewal with Thompson Coburn LLP at 488 Madison Ave.

Feil signs 46,000 s/f renewal with Thompson Coburn at 488 Madison Ave.

Cushman & Wakefield arranges 16,051 s/f lease at 125 Broad St. to Harris Trzaskoma, LLP

C&W arranges 16,051 s/f lease at 125 Broad St. to Harris Trzaskoma

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Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent

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