CBRE announced that Stephen B. Siegel, Chairman of Global Brokerage, received the firm’s Lifetime Achievement Award. Siegel was honored at the 2018 Recognition Summit in Palm Beach, FL, which celebrated the outstanding achievement of CBRE’s top 300 producers from 2017. The Lifetime Achievement Award recognizes an individual that has most contributed to the fortitude and strength of the company over many years and exhibits CBRE’s core values – respect, integrity, service and excellence (RISE).
“Steve is a great colleague and friend, and the lessons I’ve learned from him are invaluable,” said Matt Van Buren, President of CBRE’s Northeast Division. “Steve can never leave the business, because he is the business.”
“Simply put, Steve Siegel’s resume and reputation are unmatched. He is one of the greatest deal makers, recruiters, developers of top talent and leaders in the history of our business. He is also one of the most influential, connected and civic-minded business people in all of New York,” said Whitley Collins, CBRE’s Global President of Advisory and Transaction Services.
“Steve has been a fixture in the real estate business for close to 50 years,” said Jerry Speyer, Chairman of Tishman Speyer. “He’s very generous. He’s a man whose integrity is unquestioned…he’s a hero.”
“I’ve known Steve for easily the last 40 years. He is a unique human being,” said Larry Silverstein, Chairman of Silverstein Properties. “New York had to see a start to rebuilding the Trade Center. We had to find tenants to lease the building – not so easy, since everyone was busy leaving this part of the world after 9/11. Steve and his team succeeded in helping us get this building leased. [It was] 1.7M square feet and they were up for the challenge and they accomplished it.”
Mr. Siegel’s professional accomplishments include several awards from the Real Estate Board of New York, including the Most Creative Retail Deal of the Year Award (Gucci, Trump Tower); the Most Ingenious Deal of the Year Award (sale of McGraw-Hill Companies’ interest in 1221 Avenue of the Americas); and the inaugural Edward S. Gordon Memorial Award (purchase of 230 West 41st Street).
Other professional accomplishments include advising Hudson Waterfront Associates on the acquisition of 1290 Avenue of the Americas and then re-selling it one year later to Vornado Realty Trust. Most recently, he represented a number of firms in headquarters leases, including Estee Lauder Companies retaining their headquarters address in completely renovated premises at the GM building, Hudson’s Bay Company, parent of Saks Fifth Avenue, in their consolidation and relocation to Brookfield Place and L’Oréal in its headquarters relocation to 10 Hudson Yards.
Siegel has been a member of the agency leasing team on 7, 4, 3 and 2 World Trade Center since 2004.
He served as CEO of Insignia/ESG when the firm was purchased by CBRE in 2003.
In addition, Mr. Siegel is deeply rooted in the community and numerous charitable endeavors. He has been honored for his fundraising work by the Young Women’s Leadership Network’s Collegebound Initiative, a program that creates opportunities for low-income students to attend college and serves nearly 13,000 students each academic year.
Along with his wife, Wendy, Mr. Siegel dedicates much of his time and funds to leukemia research. Most recently, he was the honored at a benefit that supported the Gift of Life Foundation.
Mr. Siegel serves on the board of the Lower East Side Tenement Museum and Cardozo Law School. He is also co-chair of the Board of Trustees at National Jewish Center for Immunology and Respiratory Medicine.
“Steve is a great colleague and friend, and the lessons I’ve learned from him are invaluable,” said Matt Van Buren, President of CBRE’s Northeast Division. “Steve can never leave the business, because he is the business.”
“Simply put, Steve Siegel’s resume and reputation are unmatched. He is one of the greatest deal makers, recruiters, developers of top talent and leaders in the history of our business. He is also one of the most influential, connected and civic-minded business people in all of New York,” said Whitley Collins, CBRE’s Global President of Advisory and Transaction Services.
“Steve has been a fixture in the real estate business for close to 50 years,” said Jerry Speyer, Chairman of Tishman Speyer. “He’s very generous. He’s a man whose integrity is unquestioned…he’s a hero.”
“I’ve known Steve for easily the last 40 years. He is a unique human being,” said Larry Silverstein, Chairman of Silverstein Properties. “New York had to see a start to rebuilding the Trade Center. We had to find tenants to lease the building – not so easy, since everyone was busy leaving this part of the world after 9/11. Steve and his team succeeded in helping us get this building leased. [It was] 1.7M square feet and they were up for the challenge and they accomplished it.”
Mr. Siegel’s professional accomplishments include several awards from the Real Estate Board of New York, including the Most Creative Retail Deal of the Year Award (Gucci, Trump Tower); the Most Ingenious Deal of the Year Award (sale of McGraw-Hill Companies’ interest in 1221 Avenue of the Americas); and the inaugural Edward S. Gordon Memorial Award (purchase of 230 West 41st Street).
Other professional accomplishments include advising Hudson Waterfront Associates on the acquisition of 1290 Avenue of the Americas and then re-selling it one year later to Vornado Realty Trust. Most recently, he represented a number of firms in headquarters leases, including Estee Lauder Companies retaining their headquarters address in completely renovated premises at the GM building, Hudson’s Bay Company, parent of Saks Fifth Avenue, in their consolidation and relocation to Brookfield Place and L’Oréal in its headquarters relocation to 10 Hudson Yards.
Siegel has been a member of the agency leasing team on 7, 4, 3 and 2 World Trade Center since 2004.
He served as CEO of Insignia/ESG when the firm was purchased by CBRE in 2003.
In addition, Mr. Siegel is deeply rooted in the community and numerous charitable endeavors. He has been honored for his fundraising work by the Young Women’s Leadership Network’s Collegebound Initiative, a program that creates opportunities for low-income students to attend college and serves nearly 13,000 students each academic year.
Along with his wife, Wendy, Mr. Siegel dedicates much of his time and funds to leukemia research. Most recently, he was the honored at a benefit that supported the Gift of Life Foundation.
Mr. Siegel serves on the board of the Lower East Side Tenement Museum and Cardozo Law School. He is also co-chair of the Board of Trustees at National Jewish Center for Immunology and Respiratory Medicine.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2018 revenue). The company has more than 90,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 480 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2018 revenue). The company has more than 90,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 480 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
