Citing a rough economy among the reasons for the move, Gary Scotti, a 10-year veteran of Halstead Property, joined the William Moses Co., which owns and manages residential property.
A one-time vice president with Halstead focusing on luxury sales and rentals, Scotti now leases and manages three Manhattan buildings with dozens of units as a vice president with William Moses.
Scotti’s career shift may represent a larger trend in the New York City brokerage world as the market struggles. The number of sales agents in the city has declined 25 percent over the last five years, as The Real Deal reported in its 2010 Data Book.
The new job was a big change for Scotti. “It’s a classic situation,” Scotti said. “You’re on one side of the table and then the other.” He described the brokerage world as too volatile for him in the current climate.
Looking back on his old job, Scotti said that there’s one piece of advice he’d give any broker: Don’t make things trickier than they need to be. “Keep it simple,” he said, “because brokers tend to complicate things.”