Ruby Hwang joined the New York Markets group of JLL in 2000. Over her 20+-year tenure, she has managed relationships with national occupier clients and has been actively involved in tenant representation assignments for clients in New York City and across the United States. Ruby provides strategic real estate advisory and brokerage services to support project execution and, ultimately, decision-making processes. She is involved in all levels of transaction activity, including deal pursuit, assignment engagement and transaction execution phases.
Experience
Ruby has been actively involved with a number of the firm’s largest clients across all industry sectors. Key representations include, KCG Holdings, Healthfirst, Aon, ConvergEx Group, LF USA Inc., SAP, Och-Ziff Capital Management, JetBlue, Indeed.com, Square, and Sailthru as well as multiple confidential financial services and banking clients. She previously co-led the New York New York Tri-state Region’s financial analytics and advisory team and has completed projects that emphasized portfolio strategy, location advisory and site selection, financial engineering and deal structuring, occupancy cost reduction, organizational assessment and business process improvement, transaction support, valuation and appraisal, and highest and best use.
Ruby was a member of the project team that advised a confidential financial services client on the development of its 2-million-s.f. Midtown Manhattan headquarters at One Bryant Park. The team arranged the 1.1-million square-foot lease—the largest deal in the United States in 2003—as well as securing a 50 percent ownership position for the firm as part of a joint venture agreement with the Durst Organization to develop the building. Ruby was specifically involved in lease and joint venture discussions, market research, financial analyses, and City and State of New York incentives negotiations.
Since early 2004, Ruby has been engaged in advisory work for the Port Authority of New York & New Jersey (Port Authority) in the redevelopment of the World Trade Center site. She was part of the team that advised the Port Authority in negotiation of a Master Development Agreement to provide an overall framework for site redevelopment, including the negotiation of a structured ground lease for five planned office towers totaling 10 million s.f. She has provided development feasibility, market assessment, pro forma analysis, proposal review, and deal structuring support critical for the global settlement between the Port Authority and Silverstein Properties that allowed for the development of One World Trade Center, four additional office towers, and a 500,000-s.f. retail complex on the 16-acre site.
Education
Bachelor degree in Geography and Anthropology, Cum Laude from Dartmouth College
Client network
- Indeed.com
- JetBlue
- KCG Holdings
- LF USA Inc.
- Och-Ziff Capital Management
- Port Authority of NY & NJ
- Square
- Wix
