Lloyd Desatnick is a Senior Vice President of the New York Operations group. Mr. Desatnick is responsible for the development and implementation of transaction strategies for a wide array of clients.
Mr. Desatnick has over fifteen years’ experience both as a corporate real estate executive and commercial real estate broker. He has worked with corporate clients in a wide variety of industries on assignments such as relocations, dispositions, expansions, renewals, and strategic planning.
On behalf of MetLife, since 2006 has been involved with over 100 transactions ranging in size from 2,000 – 413,000 rsf. Highlights include the completion in 2007 of the largest lease in NY City (aggregate rent) for MetLife’s new 413,000 rsf HQ at 1095 Avenue of the Americas, and in 2010 completed a 227,000 rsf sublease at One MetLife Plaza (Long Island City, NY) for JetBlue’s new world HQ. On behalf of General Motors, in 2011 successfully negotiated a 114,000 rsf renewal at 767 Fifth Avenue (GM Building), and in 2012/2013 a 65,000 rsf new lease at 1345 Avenue of the America. As a part of the GM relocation successfully subleased the 3 floors vacated at the GM Building (114,000 rsf). In 2014/2015 on behalf of MasterCard for a new technology division, successfully negotiated an 80,000 lease in a newly renovated building in Midtown South, at 114 Fifth Avenue.
Since 2013 has represented 52 Vanderbilt Avenue for Brause Realty. Has successfully repositioned the asset and leased approximately 100,000 rsf to a majority of TAMI tenants. The building is now 100% occupied.
Additional clients worked with include Bank of America, Infusion Development, Andor Capital Management, and Optum Rx.
Prior to joining Jones Lang LaSalle, Mr. Desatnick worked at JPMorgan as a Vice President of Corporate Real Estate overseeing a domestic portfolio of 4,000,000 sf and its strategic planning. In this position, Mr. Desatnick acted as the client manager, strategic planner, lease negotiator and financial analyst. Previous positions include working at PricewaterhouseCoopers in their real estate consulting group and Riverbank Realty as a commercial real estate broker in New York City.
Education and Affiliations
Mr. Desatnick holds a Bachelor of Arts Degree in Economics from Tulane University, and a Masters of Business Administration in Finance from New York University Stern School of Business. He is a member of the Real Estate Board of New York, Young Mens/Womens Real Estate Association, and Corenet Global.