NEW YORK CITY-Tara Stacom, who as leasing agent for the Port Authority of New York and New Jersey‘s 1 World Trade Center secured Conde Nast‘s 1.2-million-square-foot headquarters lease Downtown, has been promoted to executive vice chairman at Cushman & Wakefield, the firm announced Monday. Stacom has executed more than 40 million square feet of deals since joining C&W in 1981, and was promoted to vice chairman in 2005.
Scale and complexity are two of the hallmarks of Stacom’s leasing career, and both characteristics figured in the Conde deal at 1 WTC. Stacom, who led a C&W team that won the Real Estate Board of New York’s annual Henry Hart Rice Award for the deal last year, has been the exclusive leasing agent at the tower since 2007.
Months before the Conde deal was finalized, it was a talking point in New York City CRE circles. In late 2010, Stacom told GlobeSt.com that the momentum generated by the WTC redevelopment and the transformation of public perception were “wonderful to see, especially since we’ve been involved since ’07 and people would say to me, ‘why are you doing this?’ I couldn’t be more proud to be associated with the group, between the Port and the Durst Organization on this site and Larry Silverstein and what he’s doing on the East Bathtub side. It’s going to mark the city in a way that we haven’t seen since Rockefeller Center was built.”
Within C&W, Stacom has consistently ranked among the firm’s top producing brokers, including top two in the New York region and top five worldwide. In 2004, she was C&W’s number one broker. Outside the company, Stacom has received a number of industry plaudits, including recognition as a Woman of Influence by Real Estate Forum, sister publication to GlobeSt.com.