NEW YORK CITY— The former head of retail brokerage tells GlobeSt.com, “The opportunity to work with a dynamic, entrepreneurial organization is the one and only reason I left Cushman.”

NEW YORK CITY—The new president of REBNY—who previously managed government affairs at Con Edison—will step into the role in early March.

AUSTIN--ATCO Properties & Management, a Manhattan, N.Y.-based owner/operator of class A commercial real estate, has acquired 1300 Guadalupe Street in downtown Austin and has sold the Crossroads Center in north central Austin for undisclosed sums.

Last week the Labor Department reported that 321,000 jobs were added to the economy in November, driving down the unemployment rate to 5.8%. By itself, that's very impressive news on the recovery. But the more impressive news was that the robust gains were led by the professional and business services sector that fueled 86,000 new jobs.