What was one of your corporate or career highlights of the decade?
My most memorable career experience was the opening of our current office and implementing a whole new business model to the Manhattan brokerage community. We now have over 120 brokers/staff members and we participate in every aspect of commercial and residential brokerage under our 90% of the splits, 100% of the services business model!
What are your predictions for commercial real estate in the new decade?
With this recent economic downturn comes a cleansing process. During an "up or heated market," it was relatively easy for a broker to complete a transaction. Going forward, today's brokers must be better educated/trained, more innovative and really put in the time/work needed. It may not be "in" or so popular to get into real estate brokerage right now, but I see that as a good thing as we need serious, career-minded, educated and ethical brokers now more than ever.
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