Former Cresa NY head Mark Jaccom joins
JRT Realty

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

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

Jodi Pulice and Mark Jaccom

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

Related Articles

An example of roll-off waste management (Credit: YouTube, iStock)

Big building owners prevent city from dumping container-pickup in trash-collection reform

“I can talk about erections all day”: NAR tech consultant’s bizarre fireside chat

Council member Vanessa Gibson (Credit: New York City Council)

Commercial landlords face new fines as City Council passes anti-harassment bill

As House begins impeachment inquiry, here’s what we know about Trump’s Ukraine-real estate ties

Embattled Prodigy Network CEO Rodrigo Niño to step down

The Watchtower building at 25 Columbia Heights, CIM Group’s Shaul Kuba (right) and LIVWRK’s Asher Abehsera (Credit: Wikipedia, CIM Group, and LinkedIn)

JPMorgan leads $335M refi for CIM and LIVWRK’s Watchtower renovation

Multifamily market still reigns in Queens, Blackstone balks after rent reforms and more of the biggest CRE trends right now

Real estate titans … and their toys