Citi Habitats promotes Malin to president 

By Lauren Elkies | February 05, 2008 07:25PM

Gary Malin, the COO of Citi Habitats, was promoted to president today, he said.

The promotion was “in recognition of the time and effort and dedication I have put in” to the company since it was acquired in 2004 by the Corcoran Group, which is owned by real estate behemoth NRT, Malin said.

The promotion is “more just in title,” Malin said. He already oversees day-to-day operations and strategic planning for the 700-plus-agent company.

Malin, who joined Citi Habitats in 1998, says he wants to continue to enhance the Citi Habitats brand, particularly as a sales company – not just as the city’s largest rental brokerage.

“We’re a top player in the sales industry,” he said. Just five years ago, he added, “rentals completely overshadowed the sales business.”

Malin is Citi Habitats’ first president. He would not confirm if a salary increase accompanied the promotion.

Malin said Corcoran CEO Pam Liebman did not promote him in order to entice him to remain at the company because he was not looking to leave. He said his appointment sends a positive message to the brokers and employees that “I’m here to stay.”