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In his role as Chairman of Global Brokerage, Stephen Siegel advises major corporations and property owners on a broad range of real estate issues.
Mr. Siegel is widely regarded in commercial real estate circles as one of the industry’s most talented and prolific professionals. In 2005, he was featured in the Urban Land Institute's book, "Leadership Legacies: Lessons Learned from Ten Real Estate Legends." The previous year, Mr. Siegel was honored with Commercial Property News' Lifetime Achievement Award and named by Crain’s as one of the 100 Most Influential Business Leaders in New York City.
Prior to the merger with CBRE, as Chairman and CEO of Insignia/ESG, Mr. Siegel was largely responsible for masterminding the global expansion of the firm, nationwide as well as throughout Europe, Japan, Hong Kong, China, Thailand and Latin America. In that role, he also managed a group that completed approximately $2 billion in co-investments in a wide range of U.S. office, residential, hotel and retail real estate portfolios.
Throughout his distinguished career, he has arranged transactions for some of the nation's most prominent corporate clients including, among others, J.P. Morgan Chase & Co.; Sidley Austin Brown & Wood LLP; Fried Frank Harris Shriver & Jacobson LLP; Amerada Hess Corp.; Sanford C. Bernstein & Co.; Swiss Reinsurance; MetLife; Cerberus Capital Management; and Akin, Gump, Strauss, Hauer & Feld LLP.
Most recently, Mr. Siegel negotiated Gucci Group's lease at Trump Tower in Manhattan—the most valuable retail deal ever completed—on behalf of The Trump Organization, a transaction that was recognized by the Real Estate Board of New York as 2006’s Most Creative Retail Deal of the Year. He also advised Hudson Waterfront Associates, a partnership of several overseas investors, on the acquisition of 1290 Avenue of the Americas for $1.25 billion, and then re-sold it one year later to Vornado Realty Trust. In addition, Mr. Siegel arranged the $306 million sale of the parcel on the southeast corner of 42nd Street and Eighth Avenue, the last developable site within the 42nd Street Development Project, to SJP Properties, which is constructing Eleven Times Square, a one million-sq.-ft. office property, on the site. Achievements
- American Jewish Committee’s 2007 Real Estate Division National Human Relations Award
- Israel Bonds' Real Estate and Construction Division’s 2007 Israel Peace Medal for his leadership in building Israel's economy through the Israel Bonds program
- The Real Estate Board of New York’s 2006 Most Creative Retail Deal of the Year Award for Gucci Group’s lease at Trump Tower, the most valuable retail deal ever completed
- Commercial Property News' 2004 Lifetime Achievement Award
- The Real Estate Board of New York’s inaugural Edward S. Gordon Memorial Award in 2004 for the purchase of 230 West 41st Street
- The Real Estate Board of New York’s 2003 Henry Hart Rice Achievement Award for the Most Ingenious Deal of the Year for the sale of the McGraw-Hill Companies’ interest in 1221 Avenue of the Americas
- Honoree at the Parker Jewish Institute's annual dinner dance and celebrity auction in 2003
- The Crohn's & Colitis Foundation "Man of the Year" Award in 2002
National Ethnic Coalition of Organizations' Ellis Island Medal of Honor in 2002
- Five-time winner of Commercial Property News’ Brokerage Executive of the Year Award
- Monmouth University Real Estate Institute's Leadership Excellence Award in 2001
- New York University Real Estate Institute's Urban Leadership Award in 2000
AHRC-NYC's "Stephen B. Siegel Adult Day Care Center" (located in Fulton Landing, NY); inducted into the group's Hall of Honor in 1999
- The Foundation Fighting Blindness Humanitarian Award in 1999
- Honorary Doctorate degrees:
- St. Thomas Aquinas College, Commercial Science, commencement 2007
- Baruch College, commencement 2003
- Monmouth University, commencement 2003
- Honored by:
- The Young Men's/Women's Real Estate Association
- The Real Estate Board of New York (REBNY)
- Appraisal Institute
- Garden State Ballet
- Special Olympics New York
- The Jeffrey Modell Foundation
- Israel Cancer Research Fund
- Albert Einstein College of Medicine, National Conference of
Christians & Jews
- United Jewish Appeal
- Lower East Side Tenement Museum
- Rabin Medical Center
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