Paul Massey Leaves Cushman & Wakefield
By Lauren Elkies Schram April 5, 2018 7:45 pmreprints
Paul Massey has quit working at Cushman & Wakefield, sources told Commercial Observer.
Last Friday, the C&W executive informed John Santora, the president of the tristate region at C&W, he was leaving the global brokerage where he had worked since C&W bought Massey Knakal Realty Services at the end of 2014, the sources said.
Massey has taken new office space at 275 Madison Avenue, the building the former Massey Knakal brokers recently left to join the C&W crew at 1290 Avenue of the Americas. (Robert Weisz, the founder of RPW Group and the landlord at 275 Madison Avenue, said he wasn’t in charge of leasing, and referred this reporter to Andrew Weisz. The latter Weisz didn’t immediately respond to a request for comment.)
While he may no longer work at C&W, Massey—who started Massey Knakal along with Robert Knakal in 1988—cannot launch a new firm until his non-compete and no-solicitation deal expire June 30. He also is prohibited until then from recruiting C&W brokers for another venture.
Last year, Massey went on a hiatus and ran for for mayor of New York City on the Republican party line, but that bid came to an abrupt end last June, as CO reported at the time. He then returned to his post as president of New York investment sales at C&W.
Massey declined to comment as did a spokesman for C&W.
Massey’s departure is the third recent major personnel loss for C&W. At the end of January, James Nelson, a vice chairman in the capital markets group who had been a partner at Massey Knakal, left for Avison Young. And last month, the firm fired Peter Hennessy, an executive vice chairman, as CO was first to report.