The Real Deal New York

Douglas Elliman snags Bond New York sales, rentals directors

Michael Signet to run Village office; Paul Bologna to co-run Rockefeller Center office
By Mark Maurer | August 07, 2014 02:40PM

Douglas Elliman hired a new sales director for its Greenwich Village office and a new sales manager at its office in Rockefeller Center. Michael Signet and Paul Bologna both left Bond New York late last week to fill those positions, respectively, at New York City’s largest real estate brokerage.

Signet has now started as executive vice president and sales director at 774 Broadway. He is replacing Gary Cannata, who headed up that office as well as the one at 690 Washington Street until departing for Town Residential in December, as The Real Deal reported. Signet will be managing about 80 agents.

At Bond, Signet had been the sales director for all of its offices since joining in 2005.

“Michael is an industry veteran with an impeccable reputation, said Steven James, president of Elliman’s Manhattan brokerage, in a statement provided to The Real Deal. “He has the leadership prowess and in-depth market knowledge to take our 774 Broadway office to the next level and will serve as an excellent mentor and example to our agents.”

Signet said he is “excited to have the opportunity” to work at Elliman.

Meanwhile, Bologna will jointly manage the office at 485 Madison Avenue with Yuval Greenblatt. In 2010, Bologna joined Bond, where he served as managing director of rentals at 1776 Broadway in Columbus Circle.

Bologna could not be immediately reached for comment.

According to TRD’s annual brokerage ranking in May, Elliman was the largest firm in the city, based on both the number of Manhattan agents (1,725) and total Manhattan listings (954). Bond ranked No. 8 in agents (450) and No. 12 in Manhattan listings (31).