The Real Estate Board of New York has announced the industry’s new promising commercial broker. His name is Randy Modell, a 28-year-old broker at ABS Partners.
Mr. Modell has a special eye for deals uptown: He brokered a sale at 122 East 125th Street to Fabco Shoes; he rented space out to The Municipal Credit Union (MCU) in the Harlem USA Building; and he’s currently marketing 108 East 125th Street, a 120,000-square-foot development site on sale for $20 million.
Now, let’s see what this award does for Mr. Modell’s career. No doubt, the big boys at Cushman & Wakefield, Massey Knakal and CBRE have their collective eye on him and his days doing deals at 125th street might be drawing a close.
– John Koblin