NEW YORK CITY—TerraCRG, the Brooklyn-focused commercial real estate brokerage and advisory firm, has hired John Bataille as a senior associate.
He joins TerraCRG from the Corcoran Group, where he launched his real estate career and has served for three years. Bataille's primary focus at his former firm was on residential townhouses in Manhattan and Brooklyn. He sold over $33 million worth of real estate and was a member of the multi-million dollar club. In addition, Bataille was named Rookie of the Year in 2013 and was in the top 1% of 45,000 sales associates nationwide.
At TerraCRG, he will work alongside Matt Cosentino, VP of investment sales focused on the East Brooklyn market. In 2014, there were 173 sales in the Bushwick and Bed-Stuy neighborhoods, exceeding over $300 million in dollar volume, with the average sale reaching over $2 million. In 2014, the multifamily properties in these neighborhoods averaged $238 per square foot. Earlier this year, Cosentino's team closed on 798 Knickerbocker, a rehabbed multifamily building, for $611 per square foot, setting a record in that section of Bushwick.
“I was drawn to TerraCRG because of its reputation as the market leader in Brooklyn and its entrepreneurial spirit,” says Bataille. “I've watched TerraCRG make big waves across Brooklyn and I'm excited to work with Team Cosentino to continue to expand upon their expertise in Bed-Stuy, Bushwick and East New York.”
Before beginning his real estate career, Bataille worked on trading desks as a VP at JP Morgan, Lehman Brothers and Barclays Banat where he advised both hedge fund and mutual fund clients with their credit trading portfolios.
“I am confident John will be a great asset to the Team and to the continued development of East Brooklyn,” says Cosentino. “He brings a level of professionalism and experience, particularly with his finance background, which is very difficult to find.”
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Rayna Katz
Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.
