Another top Cushman broker leaves for NGKF

Ronald Lo Russo

Ronald LoRusso, president of Cushman’s New York division

Another top Cushman & Wakefield broker has jumped ship to Newmark Grubb Knight Frank, part of a steady exodus from the revered commercial brokerage.

Jared Horowitz joined Cushman’s Midtown office in 2001 and has represented clients such as the Trump Organization, RXR Realty and JP Morgan Chase. His departure comes hot on the heels of news that a top Cushman trio of Andrew Peretz, Andrew Sachs and Timothy Gibson moved to NGKF.

NGKF declined to comment to the New York Post about the new hire. The newspaper couldn’t immediately reach Horowitz and Cushman representatives for comment.

Glenn Rufrano, who had been CEO of Cushman since 2010, announced in June that he was stepping down, a move that took the industry by surprise. Carlo Sant’Albano, the former head of Cushman’s parent company EXOR, took over as interim CEO. [NYP]  – Hiten Samtani

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