Richard Nassimi exits Corcoran to work on eponymous venture

Departs brokerage to focus on his own firm

Richard Nassimi
Richard Nassimi

Richard Nassimi, former head of sales at the W Downtown and at the Cipriani Club Residences at 55 Wall Street, has left the Corcoran Group to focus on his own real estate brokerage, investment and development company. The name of the new firm? The Nassimi Group.

Maria Ienna and Silvia Reyero, two brokers from Nassimi’s team at Corcoran, are joining him in his new venture, he said. A spokesperson for Corcoran declined to comment on Nassimi’s departure.

Nassimi had been at the Corcoran Group for five years. He previously worked in the diamond business, selling pieces to Cartier and to Bvlgari and Tiffany, he said.

The newly launched company, headquartered in the Financial District, plans to add eight more agents to its ranks in the coming months.

Nassimi has around $45 million in exclusive listings, he said, including several resales at the W and at 30 West 61st Street. His team was replaced at the W last year by the Marketing Directors, The Real Deal previously reported.