December 10, 2018
New York – Transwestern today announces it has earned the No. 1 ranking on the “Best Places to Work in New York City” list by Crain’s New York Business, becoming the first company to top the list three consecutive years. In addition to being named to the Crain’s list five times, Transwestern has earned repeated placement on Fortune magazine’s “100 Best Workplaces” lists for millennials, women, diversity and camaraderie.
Transwestern drew attention for the unique way its leasing professionals are compensated. Producers, who are salaried, receive bonuses based on the collective performance of the office. This compensation model facilitates collaboration rather than competition, enabling its professionals to devote more time and resources to exceeding client expectations. Since its implementation in 2015, the total square footage of tenant representation transactions has more than doubled.
“We are proud of the unmatched culture we’ve created in our office,” said Lindsay Ornstein, Partner. “We are committed to working together to develop creative solutions for clients’ real estate challenges and celebrating wins as a team. This recognition is an acknowledgment that our approach is successful.”
Some incentives Transwestern provides its team members include full health care and benefits packages; eight hours of paid time off for community service; wellness activity sponsorships; paid training and skills development; certifications and memberships; one-on-one mentorship; a young professionals group that conducts networking, charitable and educational events; and regular social events, such as holiday parties and team member awards celebrations.
Companies from across all five boroughs participated in the two-part survey process conducted by Best Companies Group. Each company’s workplace policies, practices, philosophy, systems and demographics were evaluated, accounting for 25 percent of the ranking. An employee survey accounted for 75 percent.
Transwestern is a privately held real estate firm of collaborative entrepreneurs who deliver a higher level of personalized service – the Transwestern Experience. Specializing in Agency Leasing, Asset Services, Occupier Solutions, Capital Markets and Research, our fully integrated global enterprise adds value for investors, owners and occupiers of all commercial property types. We leverage market insights and operational expertise from members of the Transwestern family of companies specializing in development, real estate investment management and research. Transwestern has 33 U.S. offices and assists clients from more than 219 offices in 37 countries through strategic alliances with France-based BNP Paribas Real Estate and Canada-based Devencore. Experience Extraordinary at transwestern.com and @Transwestern.
Kelsey Da Silva