Corcoran to shut down office in building partly owned by Barbara Corcoran
Fresh on the heels of its Engel & Volkers acquisition, Nest Seekers is recruiting East End talent away from the Corcoran Group’s Southampton office. According to Crain’s, Joseph DeCristofaro, Corcoran’s East End rookie of the year in 2007, recently left the firm and is joining Nest Seekers as a managing partner to help run its new Southampton office. He’ll work alongside Amadeus Ehrhardt, who became a managing director at Nest Seekers during the Engel & Volkers merger. Ravi Gulivindala, vice president and managing director at Nest Seekers, said the firm is “attracting a lot of interest from talent in the area” but wouldn’t say how many hires he plans to make during the expansion. (Prior to the merger, Nest Seekers only had a Bridgehampton office). “We feel that the high-end market is back and we think this is a great time to enter into new markets,” DeCristofaro said. “Hamptons real estate has long been due for a change.” [Crain’s]
