(From left: Michael Davidson, JP Morgan Chase, Rick Bertasi, Bridgewater Associates) (From left: Michael Davidson, JP MorganChase, Rick Bertasi, Bridgewater Associates)

NEW YORK CITY—The commercial real estate professionalassociation CoreNet Global NYC presented its 2019 Awards forExcellence last week at Manhatta, the Danny Meyer Union SquareHospitality space on the 60th floor of Fosun Hive Holdings' 28Liberty St.

Michael Davidson, managing director, head of global real estateat JP Morgan Chase took home the Corporate Real Estate Executive ofthe Year Award. The largest bank in the US, headquartered in NewYork City, extends across 45 million square feet in 456 locationshaving a $2.7 billion annual operating budget. The financialinstitution has plans to demolish its current 50-story, 1.5million-square-foot headquarters at 270 Park Ave. and to replace itwith a 2.5-million-square-foot office tower. The most recentlyrevised plans are for a 1,322-foot-tall building as reported byCurbed New York.

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Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.