The two brokers spent more than five years at Eastern Consolidated, brokering more than $500 million worth of deals in Manhattan, Queens and Brooklyn. Eastern Consolidated shut its doors in July after nearly 40 years of business.
Sasson and Sinsheimer, along with three of their previous team members, will join Ackmann-Ziff in the next couple of weeks as managing directors, according to the Commercial Observer.
Sasson and Sinsheumer began as canvassers at Eastern in 2013 and gradually rose through the ranks. In March, along with Eastern co-founder Peter Hauspurg, they picked up the assignment to sell a large development site along the North Williamsburg waterfront.
Since then, its roughly 100 brokers have been searching for new opportunities. Earlier this month, Compass announced it hired former Eastern broker Adelaide Polsinelli to launch the company’s commercial division. [CO] – Rich Bockmann