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Residential brokers playing both sides of the business

Top teams see up to one-third of their business from commercial sales

From left: Michael Graves and Austin Schuster
From left: Michael Graves and Austin Schuster

From the August issue: When Cheerland Investments plunked down $50 million for an Upper West Side parochial school last year, residential broker Austin Schuster of Sotheby’s International Realty found himself at the center of a decidedly commercial deal.

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Cheerland, a Chinese developer, was originally a client of Sotheby’s colleague Nikki Field, whose team spent months scouring the city for investment deals. [more]

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