NEW YORK CITY—CBRE's Mary AnnTighe and Gregory Tosko earned the topReal Estate Board of New York Sales BrokersIngenious Award for 2013 with their work on arranging CoachInc.'s purchase of its new 737,000-square-foot officecondo headquarters at the Hudson Yardsdevelopment

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REBNY honored the city's most ingenious dealmakers at its 70thAnnual Commercial Sales Brokers Committee Cocktail party held atthe 101 club on Tuesday evening.

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Tighe and Tosko were bestowed with the first place Henry HartRice Award for “Jumpstarting the Future: Coach Buys in to HudsonYards.” David A. Green of Cushman &Wakefield was presented with the second place Robert T.Lawrence Award for “The Improbable Master Lease of the RetailSpaces at 650 Fifth Avenue.” The third place honorees, given theEdward S. Gordon Award, were M. Myers Mermel andCaroline McLain of TenantWise,for “Air Equal to Land: The Sale of Air Rights from 520 ParkAve.”

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The Coach deal at Hudson Yards dates back to 2007 and withingenious strategy, market insight and perseverance, Tighe andTosko successfully worked with a number of parties includingRelated Companies, Oxford Properties, L'Oreal, SAP, Starwood and JPMorgan Chase, managing the stakeholders' interests, perceptions,and concerns to secure the ground-breaking deal, REBNY says.Coach's commitment became a major catalyst for the Hudson Yardsdevelopment in helping to attract other tenants and has been asignificant driver for the neighborhood now taking shape.

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The award was Mary Ann Tighe's seventh Sales Brokers IngeniousDeal of the Year Award and Gregory Tosko's sixth.

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Cushman's Green was honored for engineering and executing theimprobable master lease of the retail portion at 650 Fifth Avenueto a joint venture of SL Green Realty Corp. andJeff Sutton. The third place honorees Myers Mermeland Caroline McLain of TenantWise were singled out for arrangingthe sale of air rights from the Christ Church UnitedMethodist at 520 Park Ave. to ZeckendorfDevelopment.

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“These leading brokers have proven themselves to be consummateprofessionals by navigating the complex nuances of the mostchallenging real estate transactions,” says REBNY PresidentSteven Spinola. “They have earned the respect oftheir colleagues, the appreciation of their clients and the rightto be honored for their accomplishments by the industry. Theirimpeccable standards for dedication, innovation, thorough researchand elegant marketing are an inspiration to all who work incommercial brokerage.”

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.