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New York & Tri-State  + Finance  | 

New York People and Company News, Week of July 18, 2025

  • Steven Beyda has joined Newmark as an executive managing director within the company’s Industrial Advisory Group. Based in the Rutherford, NJ office, Beyda will focus on agency leasing and strategic advisory, with a mandate to grow the platform’s institutional footprint. Throughout his brokerage career, Beyda has completed more than 30 million square feet of industrial transactions totaling $3 billion-plus. Most recently, he served as VP of industrial at Woodmont Industrial Partners. 
  • Cushman & Wakefield has hired Randy Abend as executive managing director, based in the firm’s New York City office. Abend will focus on tenant representation and agency client services throughout the Manhattan office market, as well as national and international account work for larger corporate clients. Before joining Cushman & Wakefield, Abend spent 23 years with JLL, most recently as a managing director in the New York office.   
  • Arrow Real Estate Advisors, a real estate finance advisory firm, has expanded its team with the addition of Will Farrell and Porter Thomas as analysts. Farrell most recently worked on the Capital Markets & Loan Sale Advisory team at Hodges Ward Elliott with a focus on hospitality. Thomas previously held positions at Quadrant Real Estate Advisors, where he supported the Originations team, and at Atlanta Property Group, where he focused on industrial acquisitions in the Southeast. 
  • George L. W. Malkin has joined the board of directors at Empire State Realty Trust. Malkin is president of Malkin Holdings and is the son of Anthony E. Malkin, chairman and CEO of the company, and the grandson of Peter L. Malkin, chairman emeritus. 
  • Essential Properties Realty Trust, Inc. has elected Kristin L. Smallwood to serve on the company’s board. The board now consists of eight members, seven of whom are independent. Smallwood has nearly 30 years of experience providing audit and audit-related services to large global companies with PwC, where she was a partner from 2006 until her retirement in 2025.  
Read More News Stories About: Cushman & Wakefield, Newmark
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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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