The Real Deal New York

Colliers CEO Jaccom steps down amid NYC management shake-up

December 05, 2011 09:58AM

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From left: Mark Jaccom and Michael Cohen

Mark Jaccom is planning to step down as CEO of commercial real estate services firm Colliers’s tri-state office after less than two years in the position, the Wall Street Journal reported, as the company recently decided to shake up top management of its New York City offices.

Until last Thursday, Dylan Taylor, the company’s national CEO, was slated to take over the position but, in a last minute change of plan, Michael Cohen, the grandson of Williams Real Estate co-founder Victor Cohen, will now take over the role.

“It was too tempting coming back here,” said Cohen, who resigned from a similar role at the brokerage in 2007 as a result of personal matters. “Old habits die hard.”

Jaccom will continue on at the company as a chairman of its executive committee, the Journal said.

As The Real Deal previously reported, Colliers has been on a hiring binge in the city over the last year, and has picked off at least a half-dozen agents from companies like CBRE Group and NAI Global, offering twice the typical bonus package to lure agents. [WSJ]

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