More than 35 responses to the RFQ were received in December 2019. The development opportunity marks the only time since 2004 that PIDC has offered exclusive development rights and the first time that mixed-use multifamily development will be allowed at the Navy Yard.

MacKay joined Cushman & Wakefield's board of directors in 2018. She was most recently a senior advisor to iStar, a New York City-based investment REIT that finances, invests in and develops real estate and real estate related projects.

The restructuring program includes a reorganization and simplification of its field operations, significant reduction in management positions across the business and outsourcing of several functions.

Wagamama has opened up another location in Midtown at 100 W 55th St. as part of its plan to open more locations across the Northeast in markets such as Washington, D.C.