NEW YORK CITY-Cushman & Wakefield broker Robert Gastel, who once served in the firm's management ranks, has reentered the execuitve suite to become a managing director of the New York City offices.

Building on 30 years of industry experience, Gastel will help Cushman develop and implement a range of key regional initiatives while assisting in day-to-day management of the Midtown and Downtown offices. Gastel will also help create and implement training programs for brokerage professionals and staff.

Gastel joined Cushman & Wakefield in a management capacity in 1984 as assistant finance and administration manager for the New York region. He served on the management team until 1988, when he transitioned into the financial services group and was directly involved in multiple investment sales of office, industrial and retail properties in the NY tri-State area and around the country.

Gastel joined the company's brokerage team in 1998 and completed a range of transactions on behalf of a client portfolio that included exclusive representation of several Fortune 500 companies. He served General Reinsurance Corp., Honeywell Inc., Pitney Bowes Inc. and Sunbeam Corp. in various acquisition and disposition transactions throughout the United States and around the world.

Prior to joining Cushman & Wakefield, Gastel was a senior audit manager for the New York Mercantile Exchange. In his new role at Cushman, Gastel will report to Ron Lo Russo, president, New York tri-state region and Suzy Reingold, COO, New York tri-state region.

“Bob Gastel has excelled within Cushman & Wakefield as both a manager and a broker,” says Lo Russo. “He has an intimate understanding of the company, and also of the commercial real estate marketplace. Bob will make a great contribution to the management team.”

“We're excited to welcome Bob back to the management team and look forward to working with him on a number of key initiatives for the region,” says Reingold.

Instant Insights /

Cushman & Wakefield Appoints NY Managing Director

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