CoreNet Global NYC’s Corporate Real Estate Awards for Excellence

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

NEW YORK CITY—The commercial real estate professional association CoreNet Global NYC presented its 2019 Awards for Excellence last week at Manhatta, the Danny Meyer Union Square Hospitality space on the 60th floor of Fosun Hive Holdings’ 28 Liberty St.

Michael Davidson, managing director, head of global real estate at JP Morgan Chase took home the Corporate Real Estate Executive of the Year Award. The largest bank in the US, headquartered in New York City, extends across 45 million square feet in 456 locations having a $2.7 billion annual operating budget. The financial institution has plans to demolish its current 50-story, 1.5 million-square-foot headquarters at 270 Park Ave. and to replace it with a 2.5-million-square-foot office tower. The most recently revised plans are for a 1,322-foot-tall building as reported by Curbed New York.