One of the city’s largest commercial property owners and managers, Cohen Brothers Realty Corporation, has brought over former Macklowe Properties chief operating officer Michael Szollosi to serve as COO and senior vice president.
The move occurred in late May, just one day after the Wall Street Journal forecasted William Macklowe’s ascension to chief executive and chairman of Mackowe Properties, replacing his father as head of the company. That high-profile regime change took place in mid-June.
In Szollosi’s new position, he will oversee Cohen Brothers’ 12 million-square-foot portfolio of Class A office space in Manhattan, which includes 623 Fifth Avenue, 135 East 57th Street, 805 Third Avenue, 750 Lexington Avenue, 622 Third Avenue, 3 Park Avenue, 3 East 54th Street, 475 Park Avenue South and the D&D Building at 979 Third Avenue. The company’s other holdings include showrooms and design centers in New York, Florida, Los Angeles and Houston.
Previously, he managed Equitable Real Estate’s New York portfolio for
five years.
Szollosi is also a certified public accountant and has worked for the private real estate companies Corporate Property Investors and the Shorenstein Company for 14 and seven years, respectively.