Mack-Cali vet Mitchell Rudin will be the new Savills Studley prez

Will replace Michael Colacino at the international brokerage firm

TRD New York /
Sep.September 10, 2018 06:45 PM

Mitchell Rudin

One of New York’s top commercial leasing brokerages has a new addition to its c-suite.

Mitchell Rudin, who left a $2.3 million gig at Mack-Cali Realty Corporation last year, will join Savills Studley as president, the New York Post reported.

He replaces Michael Colacino, who held the post for 16 years and who is leaving to found a software firm. Rudin will begin work for his new employer on Jan. 1.

Savills Studley, which operates under the umbrella of London-based Savills, has more than 600 offices worldwide. In Manhattan, it was the fifth-biggest office leasing brokerage last year, with 3.7 million square feet of deals, all on the tenant side.

In The Real Deal‘s ranking of the top 40 investment sales firms in 2017, Savills Studley placed 39th with $47.9 million in dollar volume across seven deals.

“I am confident that in Mitch Rudin we have found the best possible candidate to replace Michael as president,” Savills Studley CEO Mitchell Steir said in a press release.

In 2017, Rudin was demoted from his position as CEO at Mack-Cali. He was previously CEO of Brookfield’s commercial operations until spontaneously exiting that post in 2014.  [NYP] — Will Parker


Related Articles

arrow_forward_ios
Softbank CEO Masayoshi Son (Credit: Getty Images)

SoftBank’s $3B payout to WeWork’s investors is delayed

John Legere (Credit: Getty Images)

WeWork reportedly in talks to hire T-Mobile exec as CEO

(Credit: iStock)

Small Talk: Every community meeting. About every development project. Ever.

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

A win for big building owners in trash-collection fight

Duke Long and Poshtel International CEO Morten Lund

“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

From left: Pavel Fuks, Michael Cohen, Felix Sater, and Donald Trump (Credit: Getty Images and Wikipedia)

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

Rodrigo Niño (Credit: Prodigy Network and iStock)

Embattled Prodigy Network CEO Rodrigo Niño to step down

arrow_forward_ios