The Real Deal New York

Posts Tagged ‘garrett thelander’

  • $100M-plus properties driving sales

    July 12, 2011 01:08PM
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    From left: Robert Knakal, Garrett Thelander and Robert Shapiro, all from Massey Knakal, On the Ave Hotel and the Park Central Hotel

    While the New York City property sales statistics are vastly improved from 2010, the
    market is still “slogging along,” according to Massey Knakal Realty Service’s mid-year
    property sales report. The report, which covers all investment sales throughout the five
    boroughs, shows dollar volume increased to $12.6 billion in the first half of 2011 — 74
    percent more than 2010 on an annually adjusted
    basis. In fact, $8.6 billion worth of sales were recorded in the second quarter, the most
    since the fourth quarter of 2007. But sales volume, perhaps a better read on market
    activity, increased just 15 percent on an annualized basis, to 1,920, less than 40 percent of
    the 5,018 sales achieved in 2007…. [more]

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    From left: Garret Thelander and Paul Massey

    Massey Knakal Realty Services has tapped Anglo Irish Bank executive Garrett Thelander, who helped open the New York office of the troubled lender and grow its staff to 35, to lead its new mortgage division, it was expected to be announced today.

    Thelander, 55, is once again charged with starting a new office, this time as a managing director for Massey Knakal, to hire brokers and develop the new arm, Paul Massey, company CEO, told The Real Deal.

    The hiring of the bank executive comes two weeks after Massey Knakal launched a retail brokerage division, bringing in long-time retail agent Benjamin Fox for that job. At the same time, the firm has had significant defections, including a top producer for the firm, Shimon Shkury, who left with his team to open the new firm Ariel Property Advisors. … [more]

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