DJK Residential launches commercial division

TRD New York /
Jun.June 07, 2011 01:16 PM

The agent who launched a commercial division at Kurland Realty is now doing the same for DJK Residential.

Allan Gallaway, who was managing director of the commercial division at Kurland for five years, started his new position, as senior vice president at the newly formed DJK Commercial Realty, a week ago (the website isn’t live yet). He is now working to recruit agents for the team, which he expects to amount to three to five people. The division will focus on leasing office, restaurant and retail space as well as retail condo sales and investment sales including hotels.

Gallaway opted to start the commercial team at DJK, a residential real estate and relocation firm, rather than go to an established commercial firm because “I get to be my own boss,” he said. DJK, located at 101 Fifth Avenue, between 17th and 18th streets, approached him about the position, he said, and he feels the time was right and there he gets “much broader support.”

At Kurland, he said, he felt he “was spread much too thin” as “a one-man game.”

Phyllis Pezenik, vice president and managing director at DJK, and Kevin Kurland, president and founder of Kurland Realty, weren’t immediately available for comment.

Gallaway’s current listings include 50 Second Avenue, a building for sale near East 3rd Street priced at $10.995 million; a restaurant space for lease at 56 Third Avenue, between 10th and 11th streets, for $26,000 a month; and an office condominium floor for sale at 321 Broadway, between Thomas and Worth streets, for $2.2 million.

Prior to Kurland, Gallaway was at Bernstein Real Estate, a real estate investment, management and brokerage firm, for 10 years and before that he was a long-time owner of a manufacturing company in the Garment District.


Related Articles

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)

Hudson Yards megadevelopment inspires a new line of sex toys

Hudson Yards megadevelopment inspires a new line of sex toys
Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Wendy Silverstein (Credit: Getty Images)

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
20 West 33rd Street (20West33rd)

Furnishing firm picks up 4 condos at 60 Guilders, Carlyle’s Midtown South project

Furnishing firm picks up 4 condos at 60 Guilders, Carlyle’s Midtown South project
902 Drew Street and 400 East 58th Street (Google Maps)

New York’s multifamily sales improve in Q3

New York’s multifamily sales improve in Q3
Bank OZK CEO George Gleason (Unsplash; Bank OZK)

Bank OZK’s lending up in third quarter

Bank OZK’s lending up in third quarter
The number of mortgage borrowers in Covid-19 forbearance plans ticked down again this week. (iStock)

3M homeowners remain in forbearance

3M homeowners remain in forbearance
Phil Collins wants to sell his Miami Beach mansion for $40M, but his ex-wife won’t leave

Phil Collins wants to sell his Miami Beach mansion for $40M, but his ex-wife won’t leave

Phil Collins wants to sell his Miami Beach mansion for $40M, but his ex-wife won’t leave
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...