NEW YORK CITY-Since 1990, John D. Busi’svaluation oversight at Cushman & Wakefield hasgrown exponentially. He began overseeing the firm’s New Yorkvaluation & advisory practice 22 years ago and took on nationaloversight and then Americas beginning in 2004. As of this comingJan. 1, he’ll be taking on the world as global head of C&W’sV&A group, assuming leadership responsibility for the group’s99 offices in 57 countries.

The V&A group’s current head, BrianCorcoran, who has served in that capacity since 2006, willnow be leading C&W’s real estate arbitration practice in NewYork. A 31-year veteran of the firm, as is Busi, Corcoran willfocus on representing major Manhattan property owners onarbitrations, valuations, rent redeterminations and complexlitigations, according to a release.

In a statement, Glenn Rufrano, C&W’spresident and CEO, cites the “seamless transition” that’s takingplace between Corcoran and Busi. “Working as close partners, formore than 25 years Brian and John have led strategic initiativesthat built our V&A platform into one of the largest fullyintegrated real estate valuation and consulting organizations inthe world,” he says. “We thank Brian for his valuable contributionsover the years and we look forward to John’s contributions as partof the firm’s management committee.”