NEW YORK CITY - Alison Coffey, a commercial leasing and marketing expert with extensive experience in Midtown, has been appointed on-site director of leasing at W&H Properties' 60 East 42nd Street, announces William Cohen, executive vice president and principal of Newmark Knight Frank, the property's leasing and managing agent.
Previously, Ms. Coffey was a member of the SL Green leasing team. In her new role, she works closely with Jonathan Fanuzzi and Ryan Kass of Newmark Knight Frank, along with Mr. Cohen, who heads the leasing team.
"Alison has an excellent reputation in the brokerage community, thanks to her reliability, commitment and initiative," says Mr. Cohen. "She is a great fit for one of Midtown's most prestigious buildings."
Ms. Coffey is equally pleased by her appointment. As she explains, "60 East 42nd Street is not only a beautiful, pre-war trophy property, it also benefits from the financial stability of a landlord who can carry out ambitious projects, such as the recently completed $85-million upgrades program, and who is known in the market for delivering on each and every promise."
"The transportation, of course, can't be beat," she adds. "And I'm particularly happy that my new role is located directly at Grand Central - the crossroads of New York City."
Ms. Coffey, who grew up in Maryland, received her B.A. in marketing and communications from Loyola College in Baltimore. Before entering the field of commercial real estate, she worked as a media buyer at Grey Advertising.
Her background in marketing should come in handy as she helps to spread the word about the leasing opportunities at the property.
"It's a great time to be here," Ms. Coffey says. "I'm looking forward to playing a role in the property's continued success."
60 East 42nd Street, with 55 stories, is one of the most prestigious addresses in the Grand Central District. It offers direct underground access to Grand Central Terminal, as well as to the 4, 5, 6, 7 and Times Square shuttle subway lines.
The property's recently completed upgrade program includes new windows, renovated elevators, renovated air-conditioned public corridors and bathrooms, and upgraded building-wide systems. The building also features a tenant conference center, messenger center and a law library.
Part of the W&H Properties portfolio, 60 East 42nd Street is owned by Lincoln Building Associates, L.L.C., a partnership led by Peter L. Malkin and Anthony E. Malkin. "The building has been under the same solid ownership for over half a century, which gives it the financial stability that is one of its most attractive features," says Mr. Cohen.
Available space at 60 East 42nd Street ranges from partial floors of 1,200 to 8,000 square feet to full floors of 9,500 to 47,589 square feet.
Broker commissions are paid in full at lease signing.
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