Colliers Expands New York City Brokerage Team

The commercial real estate firm adds two former Cushman & Wakefield professionals to its local office.

Updated on Oct. 30, 2026 in Commercial

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Colliers has appointed John Albal as a senior associate and Joseph Hentze Jr. as a vice president to its New York City office. AI Illustration. Upload story photo >

Colliers has bolstered its New York City team by appointing John Albal as a senior associate and Joseph Hentze Jr. as a vice president. Both new hires arrive at the firm following long tenures at Cushman & Wakefield.

Why it matters

These strategic hires strengthen Colliers' service offerings by bringing experienced talent into the competitive Manhattan and city-wide leasing markets.

John Albal brings nearly 7.5 years of experience from his previous role, while Joseph Hentze Jr. contributes 6 years of expertise from his prior firm.

The players

John Albal

He is a senior associate at Colliers who previously spent nearly seven and a half years at Cushman & Wakefield.

Joseph Hentze Jr.

He is a vice president at Colliers who previously served at Cushman & Wakefield for six years.

Colliers

This global commercial real estate services and investment management company is expanding its operations in New York City.

Cushman & Wakefield

This is a global commercial real estate services firm where both Albal and Hentze Jr. were previously employed.

The details

John Albal will specialize in office leasing and tenant representation within Manhattan. Joseph Hentze Jr. is tasked with managing industrial leasing activities across the five boroughs of New York City.

Timeline

  1. October 30, 2026: The announcement regarding the new Colliers hires was published.

Culture Shift

This move follows the documented trend of established brokerage firms aggressively recruiting experienced staff to capture regional market share. It reflects a broader industry pattern where top-tier firms trade veteran talent to bolster competitive standing in key urban hubs.

Business owners and commercial tenants in Manhattan and across the five boroughs may see increased outreach as these brokers begin their new roles. Clients can expect these individuals to leverage their established industry backgrounds when managing lease negotiations.

The takeaway

Commercial real estate firms frequently shift personnel to better align with specific regional leasing demands. Prospective tenants can benefit from working with brokers who possess deep, localized knowledge of the unique industrial and office landscapes in New York City.

Further reading

For more on industry shifts, see New York City Commercial.

Source note: This article includes information reported by Commercial Observer.