The Real Deal New York

James Morgan turns to Compass from Corcoran

Top Soho producer sold $75M of real estate last year
By E.B. Solomont | February 12, 2015 04:40PM

Days after dropping “Urban” from its name, the brokerage Compass lured top-producing agent James Morgan away from the Corcoran Group.

Morgan sold $75.7 million worth of real estate in 2014, and he put another $27 million of property into contract, according to Compass. He was Corcoran’s top agent in Soho last year.

In addition to sales at 25 Central Park West, where Morgan is a resident, he represented fashion designer Derek Lam last year in the designer’s $4.8 million buy at 50 Gramercy Park North. Morgan previously listed Lam’s loft at 92 Greene Street, which sold for $5.25 million.

Also last year, Morgan sold a $9.15 million co-op at the Orwell House on the Upper West Side to “Jack Reacher” author Lee Child. The seller was Expedia CEO Dara Khosrowshahi.

Last week, Compass changed its name in a move that it said would help its national expansion. Four months ago, the firm, which has raised more than $70 million from investors, acquired Lindsay Reishman Real Estate in Washington, D.C. Compass CEO Robert Reffkin told The Real Deal that the firm has $600 million in exclusive listings and $2.5 billion in its new development pipeline.