(New York, NY) –– A week after Town Residential’s agents flooded the market, Steve Gold, co-star of “Million Dollar Listing New York” and a former agent at Town, was recruited by the Corcoran Group.
Gold was a free agent with around $87 million worth of listings. However, his time on the market was, well, short. Gold was a wanted man and had companies like Compass and Douglas Elliman eager to hire him.
Gold’s seven-person team, the Gold Group, will be setting up shop at Corcoran’s Madison Avenue office.
“Having Steve and his team join Corcoran is a wonderful turn of events,” says Corcoran’s CEO, Pam Liebman. In fact, Corcoran is so eager to have Gold they are willing to suspend their policy that prevents agents from appearing on reality television.
After the shocking end to Town’s eight-year legacy this past April, over 300 agents hit the market looking to continue their work in NYC real estate.
Gold isn’t the only agent being snatched by rival firms. Ryan Fitzpatrick, manager of Flat Iron, is heading Corcoran and Dan Marello, director of leasing, will be continuing his career at Compass.
As cliché as it might sound, when one door closes, another door opens. If anyone follows NYC real estate news, one week ago, Town Residential closed its resale and leasing divisions, a firm where I have loyally spent the the last five years of my career. With that news, I was abruptly forced to find a new home for myself and my team, The Gold Group, the opportunity of which provided excitement while the reality of which simultaneously evoked sadness. This departure for me is truly bittersweet – I am forever grateful for Town for the platform provided to me to grow and excel in the ultra competitive NYC residential real estate market. However, it is also with great anticipation and excitement, I can announce I have joined @thecorcorangroup under the stewardship of CEO @pamelaliebman , where after careful consideration of all options, I have concluded it is the best firm for me and my team to grow for many years to come. Next chapter!
As for the Corcoran Group, they are lucky to have Gold. During his time at Town he sold over $500 million worth of real estate and is said to have over $20 million worth of in-contract deals.
While Town’s closing sent many into a frenzy, it’s refreshing to see NYC’s real estate talent continue to thrive. Here’s to many more years of taking the NYC real estate market by storm, Steve!