Former Cresa NY head Mark Jaccom joins
JRT Realty

Veteran broker stepped down as head of firm's NYC office in January amid restructuring

New York /
Apr.April 11, 2017 11:10 AM

Veteran leasing executive Mark Jaccom joined JRT Realty Group after he stepped down as the head of the tenant-specialist brokerage Cresa New York earlier this year.

Jaccom joined JRT as a vice chair, where he will focus on building the firm’s tenant-representation business in a non-managerial role, the Commercial Observer reported. JRT has a reputation for focusing on the landlord-agency side of the leasing business.

“This is giving us an opportunity to have an experienced leader and he is going to further expand the tenant-rep platform,” JRT founder Jodi Pulice said. “It fills a lot of gaps for us to have a larger footprint and expand in the business. My whole goal was to have a full-service firm. We do have some tenant-rep [deals], but this is Mark Jaccom’s sweet spot.”

Jaccom stepped down at Cresa earlier this year as the firm was in the late stages of a company-wide restructuring known as a “roll-up,” as The Real Deal reported.

The broker said he was losing control of the New York office.

“In the past if I wanted to hire somebody, I could do as I pleased,” Jaccom said. “I controlled the New York office. But with the roll-up I lost all of that control. I just felt uncomfortable. Anything that I do now, I just had to report back to the office. It just became something that didn’t feel comfortable for me in this point in my life.”

At JRT, the 62-year-old joins former Cresa colleague Howard Cross – a former Super Bowl champion with the New York Giants – who had already made the move from Cresa. [CO]Rich Bockmann


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