From the January issue: The long-standing divide-and-conquer mentality that has been the norm in
the New York City investment sales world is beginning to loosen —
well, at least a little.
With the recent uptick in building trades, commercial brokers say they’ve seen a rise, albeit slight, in co-brokering.
The practice — in which agents partner on deals — has long been
avoided and was a nonissue for much of the downturn because there were
so few transactions. But with the recent thaw in activity, coupled with
the fact that it’s still far harder to get deals done than it was during
the boom, brokers say the practice has become more appealing. [more]
Brokers look for ‘half a loaf’
With thaw in building sales, commercial brokers say the world of co-brokering is loosening -- albeit slightly
January 20, 2011 10:32AM
By Adam Pincus


