Darcy Stacom’s staffers say CBRE ace threw things at them

CRE giant's head of NYC I-sales apologizes for mistakes made under pressure

National /
Sep.September 07, 2021 03:03 PM
Darcy Stacom, CBRE’s head of NYC capital markets (Getty)

Darcy Stacom, CBRE’s head of NYC capital markets (Getty)

Darcy Stacom, CBRE’s top investment sales dealmaker and broker on some of Manhattan’s most iconic properties, has been accused by 11 former employees of abusive behavior, including berating staffers and throwing things at them.

The former employees told Insider they saw Stacom engage in hostile behavior, including an outburst in which she allegedly threw a stapler in the direction of a staffer and another in which she hurled a metal paper holder across the corridor.

After the paper holder incident, which reportedly occurred in July 2018, Stacom reportedly denied throwing anything despite a witness account and allegedly tried to get another witness to change their story. She also insisted a support staff member – ostensibly the source of her outburst – be fired, a request that was denied. Human resources determined Stacom threw the item, but did not discipline her.

“I appreciate that at high-intensity times I may not have handled every situation the way I would want and offended some people,” Stacom wrote in an email to staffers seen by Insider after the publication reached out for comment. “For that I apologize. I also recognize that, like any leader, I am continually learning and seeking to improve how I manage people.” She added that events described in Insider’s reporting were “taken wholly out of context” and said there was a double standard employed against successful women.

Two people who spoke to the publication said they had filed internal complaints against Stacom, but that CBRE had not taken sufficient action given her status as a top dealmaker at the firm, where she’s sold properties including Stuyvesant Town, the Chelsea Market building and the CBS headquarters. In 1997, the Wall Street Journal dubbed her the “Queen of the Skyscrapers.”

“You’re not making friends with powerful people here,” CBRE spokesperson Steve Iaco told Insider. “The fact that you’re going down this road is disappointing — and frustrating.” Iaco reminded the publication that there is a long history of misbehavior among men in commercial real estate.

Stacom’s abuse wasn’t just restricted to her team, according to the publication. In a 2018 incident, Stacom reportedly berated a florist who had come to service a plant in Stacom’s office at 200 Park Avenue.

“You’d have to be an idiot because you have no taste,” Stacom said. “You have no talent. No wonder you’re in New Jersey.”

Stacom’s team took the top spot in The Real Deal‘s 2020 ranking of New York’s top investment-sales firms, which looked at deals north of $100 million. The team, which is co-led by Bill Shanahan, brokered $3.13 billion in deals, according to the ranking.

[Insider] — Holden Walter-Warner





    Related Articles

    arrow_forward_ios
    270 W Montauk Hwy, Hampton Bays, NY (Loopnet)
    Legendary Hampton Bays bar up for sale
    Legendary Hampton Bays bar up for sale
    Prologis Chairman and CEO Hamid Moghadam (Getty, Prologis)
    Industrial space “effectively sold out” amid leasing frenzy, Prologis says
    Industrial space “effectively sold out” amid leasing frenzy, Prologis says
    Starwood raises $10B for distressed real estate plays
    Starwood raises $10B for distressed real estate plays
    Starwood raises $10B for distressed real estate plays
    Aulder Capital CEO Jonah Bamberger and 162-164 East 82nd Street (Rosewood Realty Group, Slate Property Group)
    Two Upper East Side apartment buildings head to foreclosure sale
    Two Upper East Side apartment buildings head to foreclosure sale
    Stripes founder Ken Fox and a rendering of 40 10th Avenue (Stripes, Neoscape)
    Private equity firm carves out 14K sf at Aurora’s Solar Carve building
    Private equity firm carves out 14K sf at Aurora’s Solar Carve building
    Resurrection! Work resumes on stalled Clinton Hill residential project
    Resurrection! Work resumes on stalled Clinton Hill residential project
    Resurrection! Work resumes on stalled Clinton Hill residential project
    CRE held up through the pandemic far better than most expected (iStock)
    How commercial real estate survived the pandemic
    How commercial real estate survived the pandemic
    Harbor Group grabs $558M in financing for Black Rock purchase
    Harbor Group grabs $558M in financing for Black Rock purchase
    Harbor Group grabs $558M in financing for Black Rock purchase
    arrow_forward_ios

    The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

    Loading...