Veteran leasing executive Mark Jaccom joined JRT Realty Group after he stepped down as the head of the tenant-specialist brokerage Cresa New York earlier this year.
Jaccom joined JRT as a vice chair, where he will focus on building the firm’s tenant-representation business in a non-managerial role, the Commercial Observer reported. JRT has a reputation for focusing on the landlord-agency side of the leasing business.
“This is giving us an opportunity to have an experienced leader and he is going to further expand the tenant-rep platform,” JRT founder Jodi Pulice said. “It fills a lot of gaps for us to have a larger footprint and expand in the business. My whole goal was to have a full-service firm. We do have some tenant-rep [deals], but this is Mark Jaccom’s sweet spot.”
Jaccom stepped down at Cresa earlier this year as the firm was in the late stages of a company-wide restructuring known as a “roll-up,” as The Real Deal reported.
The broker said he was losing control of the New York office.
“In the past if I wanted to hire somebody, I could do as I pleased,” Jaccom said. “I controlled the New York office. But with the roll-up I lost all of that control. I just felt uncomfortable. Anything that I do now, I just had to report back to the office. It just became something that didn’t feel comfortable for me in this point in my life.”
At JRT, the 62-year-old joins former Cresa colleague Howard Cross – a former Super Bowl champion with the New York Giants – who had already made the move from Cresa. [CO] – Rich Bockmann