Port Authority Awards World Trade Center Property Management Job to C&W
The property management wing of Cushman & Wakefield scored a major assignment today when the Port Authority of New York and New Jersey named the firm site-wide property manager of the new World Trade Center campus.
As a result of winning the Request for Proposals competition for the prominent job, C & W will manage operate all of the site’s common areas in addition to its river water pump house and central chiller plant, one of the city’s largest providers of air conditioning, which will cool the site’s retail and transportation concourses.
“We are thrilled that the Port Authority has recognized [C & W] as a market leader in property management and our ability to add value to such a prestigious assignment,” John Santora, president and CEO of corporate occupier and investor services said in a prepared statement. “Focusing on our expert people with the right experience and judgment, as well as our proven ability to develop a customized approach, we look forward to partnering with the Port Authority to achieve their strategic goals for this iconic site.”