Office-leasing specialist Adam Rappaport has joined Avison Young as principal, leaving Cushman & Wakefield after 13 years to join a growing list of industry pros to be scooped by the Canadian firm.
A string of hires within the last few months highlights the firm’s mission to expand its footprint across New York City and the United States — and Mr. Rappaport cited that as a motivator for his move.
“I am excited to be part of an organization that is poised for such tremendous growth, and look forward to leveraging my relationships and expertise to establish new avenues for business development,” Mr. Rappaport said, in a statement announcing his hiring.
Just last month the firm, which opened its first New York City office in 2012, hired industry veteran John Ryan III, and it previously scooped up at least two other industry professionals in December and January, with the hiring of Walter Blyzniuk followed by Anthony LoPresti. It has grown from 11 to 43 offices and from 300 to more than 1,100 real estate professionals across Canada and the U.S. over the past four years.
“In welcoming Adam to the Avison Young team, we are further strengthening our market position to compete for significant assignments and deliver a better service model for our clients,” said Greg Kraut, Avison Young principal and managing director of the company’s New York City office, in the statement. “One of the distinguishing characteristics of Avison Young is our commitment to hiring the next generation of top industry professionals and giving them the opportunity to have equity ownership in a growing company.”
Mr. Rappaport was a senior director at C & W, where he specialized in tenants and landlord representation. His notable deals include SourceMedia, Inc.’s leases at 1 State Street Plaza and 1 Whitehall Street, totaling 142,000 square feet; DirecTV Group’s 138,000-square-foot lease at 1 Rockefeller Plaza; and Infor Global Solutions’ 43,000-square-foot lease at 641 Avenue of the Americas.
He graduated from Miami University with a Bachelor’s degree in business administration and is the chair of the junior board of HELP USA, a non-profit organization that provides housing, jobs and other services.