Polsinelli, Rogovin Launch NYC Commercial Division for Compass
Polsinelli, a senior managing director and principal, and Rogovin, senior director and principal, at Eastern Consolidated, will lead the new Compass commercial division.
NEW YORK CITY—Former Eastern Consolidated executives Adelaide Polsinelli and Ronda Rogovin have launched a commercial division for the New York City metro region for Compass.
Polsinelli, a senior managing director and principal, and Rogovin, senior director and principal, at Eastern Consolidated, will lead the new Compass commercial division. The newly established Compass team also includes agents Mitchell Goldstick and Trystan Polsinelli.
“We’re very excited to be on the ground floor of Compass Commercial in the New York metro area,” Polsinelli says. “As the most innovative brokerage firm in the country, Compass has developed cutting-edge technology and a pioneering marketing platform that is radically changing the real estate industry. I’m thrilled that our clients will benefit from these state-of-the-art enhancements.”
The two veteran commercial brokers have a combined experience of nearly 70 years in the New York City market. Compass has opened 70 new offices in 2018. In addition to New York, Compass has a presence in the Hamptons, Greater Boston, Los Angeles, San Francisco, Orange County, Santa Barbara and Montecito, CA Washington, DC, Chicago, Dallas, Miami and Aspen, CO.
Polsinelli has more than 30 years’ experience in the NYC marketplace and has sold more than 1,400 properties, valued at over $20 billion in every asset class including multifamily, retail, office, development, note sales, air rights, partnership interests, unsold shares and retail condos. In the past six years she has sold more than $1.4 billion in New York City, Miami, Boston, Chicago and most of the northeast corridor.
Some of her more notable deals include the $107-million Lee Portfolio in Williamsburg, Brooklyn; Hines’ and Welltower’s first assisted living facility in New York City at 677 Lexington Ave. valued at $115 million, as well as the sale of the Hotel Verite at 893 Broadway, and a host of others. Polsinelli was also responsible for the development of a Times Square $200-million hotel development which is now a Marriott hotel.
Rogovin, who has more than 40 years’ commercial experience in the tri-state, has been responsible for the sale of 1,000 properties, including residential, office and loft buildings, retail shopping centers and condominiums, air rights, development sites, as well as the sale of packages of unsold condo and co-op units.
Her notable past deals include the $138.85-million sale of the Queens Portfolio, eight elevator buildings with 610 units; the $98-million sale of 711 Seagirt Ave., Queens, a 742,000-square foot, 917-unit Mitchell-Lama complex, and numerous others.
Eastern Consolidated ceased operations in July. Two former brokers with Eastern Consolidated— Brian Ezratty and Ronald Solarz—are headed to Newmark Knight Frank to start its new private client group, as reported in Globest.com.