For all press inquiries please contact Kelly Kreth, Kreth Communications, 201 417 8691, KellyKreth@hotmail.com
Defying The Market, Launching Commercial Divisions
Defying the market, launching commercial divisions
May 28, 2009 09:20AM
Several residential firms in the city have recently launched commercial real estate divisions. Given how poorly commercial leasing and sales have done in the city this year, some people might think they're on a fool's errand. On this week's Webcast,The Real Deal's Jen Benepe talks to principals at Bond New York and at Mark David Real Estate, which are both launching commercial divisions, and to an existing commercial competitor, Massey Knakal Realty Services, about how much of an uphill battle they're facing and what their chances of success are like. Noah Freedman, co-principal at Bond, said: "We embrace the naysayers. It makes the success all the sweeter." To see the full Webcast click on the video.