Savills has added Peter Hennessy, an industry veteran with more than two decades of experience in tenant representation and corporate real estate, as a vice chairman. Working out of Savills North America headquarters in New York City, Hennessy will advise leading companies and organizations on strategic real estate solutions throughout the New York Tri-State region.
“We are excited to welcome Peter to Savills as we build on our legacy of excellence in tenant advisory services,” said Mitchell S. Steir, North America chairman and CEO. “Peter brings a wealth of experience and a sterling track record in tenant representation. His keen understanding of his clients’ needs and his insights into the New York market will be tremendous assets to the firm.”
Hennessy has represented a wide range of major corporations, professional service firms, government agencies, financial institutions and other companies, including the New York City Housing Authority’s partial relocation to 90 Church Street as well as a renewal at 24-02 49th Avenue. The transaction totaled more than 1 million square feet and saved the agency nearly a half-billion dollars in real estate costs.
Prior to joining Savills, Hennessy served as president of the New York Tri-State region for DTZ (formerly Cassidy Turley), which later merged with Cushman & Wakefield. He has also worked as an international director at Jones Lang LaSalle Americas Inc. in 2008 after the company’s merger with The Staubach Company.
