Cushman & Wakefield NJ Office- East Rutherford. Any info?
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#1 Investment sales team in the Tri-state region, had a record breaking year for the office. Completed 70+ deals with over $3 billion. There are 7-8 analysts on the team and each of them have usually 10+ active deals. Lots of work and long hours, but Andy Merin and Dave Bernhaut really know their stuff. They have been in the market for a LONG time and pretty much any big deal that gets done in NJ is done by them. They do not even have to go market for business because business just flows to them.
Hours are long, compensation is good, 3rd year analysts can make 6 figures. Exit ops are great because the Merin/Bernhaut are names that people know in NYC and all around the tri state area.
Second this. The Bernhaut/Merin team at C&W is highly regarded in the area and gets some solid deal flow. Will be a good experience to pivot into another role if that is what you choose to do.
Bottom line - seek a role in NYC if you want to be in NYC. As time goes on it's harder to lateral. It's not that exit ops in NYC won't exist if you head into NYC, but you need to ask yourself what trajectory you want to follow. If you are going in as an analyst, regardless of location, do you want to transition into being an IS broker, or do you want a role with a principal? The thing is that as you get older it may be harder to shops willing to take someone on without real NYX experience. While the fundamentals are the same, NYC is a bit more nuanced.
As the others said, good shop but HFF probably takes the crown when it comes to multifamily.
this is the dilemma I'm facing. I see opportunities out in NJ, but I ultimately want to be in NYC. I don't have any full time experience. I feel it would be hard to lateral even if it's across he river, if the firm you're seeking is NYC centric. If the firm you want to exit to does work all over then I wouldn't see it being an issue.
bumping this because curious of people's opinions
NYC is arguably the most competitive market; you are competing with people who have years of deal experience, networks, and top MBAs. Not trying to take a dump on your goals, but if I had to chose between years of fighting for a low-paying analyst position in NYC, or taking an open role and getting real experience across the river, I would do the latter.
EDIT: Not sure the reason for the monkey shit. It's a really simple choice I laid out: months/years of job search hustle for a shitty analyst role in manhattan, or go across the river for experience on the resume that matters. Not that hard to see what is more important.
i agree with theofficeguy. Taking something in NJ and building up your experience/network is more valuable than waiting/speculating for something to open in NY.
Curious about their office..heard it’s a sweatshop and the guys work just as much as Spies team in NYC but they kill it.
Can anyone confirm or provide other info?
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