Todd Hershman serves as a Director in Newmark’s New York headquarters. A New York native, Hershman focuses on representing tenants in their leasing of office properties throughout the city. He previously worked for two years at Grubb & Ellis, now a part of Newmark, where he was a member of the National Healthcare Practice Group and the Education Practice Group. Hershman began his real estate career at Bloom Real Estate Group, a boutique firm, immediately after graduating college.
Hershman’s clients include such well-known brands as The Estee Lauder Companies, which he represented in a 66,000-square-foot lease at 28 West 23rd Street for its online division. He also represented Meadows Office Furniture in a 13,855-square-foot lease at 885 Third Avenue (the Lipstick Building) and subsequent 13,000-square-foot disposition of its previous space at 71 West 23rd Street, otherwise known as Masonic Hall. In the Financial District, Hershman represented advertising firm SS+K in a 10-year renewal of 22,319 square feet leased at 88 Pine Street. He also represented advertising technology company Fluent, which subleased 16,889 square feet at 33 Whitehall Street in one of 2014’s most cost-effective transactions on a per-square-foot basis.
Hershman’s reach extends into New Jersey. His clients there include Harbor Freight Tools, which he represented in five transactions totaling approximately 100,000 square feet in the northern part of the state. As a representative of Yellowstone Capital, Hershman helped that firm attain a $3.3 million incentive award through the NJ Grow Program and subsequently finalize a 19,275 square foot lease at 1 Evertrust Plaza in Jersey City.
Other clients of Hershman include:
- AwesomeNYC
- BMT Commodities Corp.
- Betts Recruiting
- Corporate Resolutions
- Filip Technologies
- Great West Life & Annuity
- The Hawthorne Foundation
- Helix Sleep
- Infinity Info Systems
- Karma
- Lua Technologies
- ReviMedia
- SEBA International
- Sketchfab
- The Studio (MDR)
- The Shopping Center Group
- WordSearch Communications
Hershman’s affiliations include membership in the Real Estate Board of New York (REBNY) and United Jewish Association (UJA). In addition, Hershman has worked closely with the nonprofit SNACK* (Special Needs Activity Center for Kids), which provides recreational and vocational training to children and young adults with autism. For his successful negotiation on behalf of the organization, Hershman was honored as SNACK*’s 2015 Man of the Year at its annual benefit.
Education
Hershman is a graduate of Tufts University, where he earned a Bachelor of Arts degree in sociology and was a multi-year varsity winner in football.