Winick Realty Expands Commercial Division With Workman Hire
David Workman, a former executive managing director with Savitt Partners, has joined Winick Realty Group as part of the firm’s first effort to expand its commercial real estate services operations in its 35-year history.
The retail commercial leasing firm reports it has hired Workman to lead a team of brokers charged with investment sales, office leasing, 1031 exchanges, land sales and a host of other commercial real estate services responsibilities on a local, national and international basis. The new investment sales and commercial division will leverage Winick’s existing retail relationships, as well as harness the firm’s analytics and data efforts led by EVP Kenneth Hochhauser.
“Our vision is to expand upon and establish even more resources, such as investment, acquisitions, dispositions and commercial leasing, within the array of services this iconic firm already provides,” says Workman. “For more than three decades, they have specialized in retail leasing and now, with this new department, landlords and tenants alike can also take advantage of an expertise in all aspects of commercial real estate in both the leasing and sales arenas.”
Workman has more than 30 years of commercial real estate investment sales and leasing experience. His career has run the gamut from commercial leasing to investment sales to the sale of land and air rights. Over the course of his career, Workman executed multiple 1031 exchanges in New Jersey, Florida and New York, among others.
Workman also acted as buyer broker for a foreign investment group in the acquisition of two off-market downtown office buildings at 67 Broad St. (now 75 Broad St.) and 39 Broadway, totaling approximately 1.2 million square feet. He sold seven supermarkets and five CVS locations totaling approximately 400,000 square feet in Georgia, South Carolina and North Carolina to The Rosen Organization, as well as 1,000 acres of land at the Tennanah Lake Golf & Tennis Club in Roscoe, NY to one of the largest landlords in Palm Beach.
Among some of his other high-profile deals include his representation of Pace University in the off-market acquisition of 100,000 square feet at 106 Fulton St. He also sold more than 100,000 square feet of air rights at 310 West 52nd St. to Sant Chatwal, the developer of the Dream Hotel, and also oversaw the marketing and eventual sale of 80-90 Livingston St., a multi-use retail and residential building with development rights in Brooklyn.
On the commercial leasing side, Workman has successfully completed commercial leasing efforts on behalf of: Wilhelmina Models, Fiduciary Trust, First Investors, Metromedia, Masco Corporation, Met Life, Zurich Reinsurance and many others.
Workman leads a Winick Realty Group team that includes new hires Elana Tsyganko and Max Kostikov, both of whom come to Winick with more than six years of commercial leasing and sales experience, as well as salesperson Matthew Schwartz.
Derek Weinberger, who has been an investment sales associate at Winick Realty Group since 2015 where he focuses on properties in New York City and Long Island, will be working with Workman as well.
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Winick Realty Group is one of New York’s prominent real estate firms specializing in retail leasing and advisory services. Over the years, Winick Realty has served a broad range of domestic and global clients, with a strong emphasis on long-term representation and expansion and growth strategies. Winick Realty Group is highly recognized as a forerunner in the retail real estate market.