Stephen Palmese
Stephen Palmese
Stephen Palmese is a business executive. He the Vice Chairman at JLL.
Career
Stephen Palmese is Vice Chairman at JLL, were he focuses on investment sales in Brooklyn and Queens.[5]
Prior to his role at JLL, Stephen was Vice Chairman at Cushman & Wakefield where he received numerous awards for production and origination.
Earlier, he was Partner at Massey Knakal Realty Services, which was acquired by Cushman & Wakefield in 2014.
Stephen launched his career with Massey Knakal Realty Services 12 years ago (C&W purchased Massey Knakal in 2014), after he was introduced to the firm by a friend of his sister-in-law, Jonathan Hagerman, now an executive manager director at C&W.
He studied international finance and small business management at Georgetown University in Washington, D.C.
Experience
Stephen is a 15-year New York real estate veteran and has successfully helped his clients sell over 400 commercial properties for an aggregate value of approximately $3.5 billion.
As a thought leader in New York City real estate, Stephen is often quoted in publications such as Commercial Observer, Wall Street Journal, The Real Deal, Bisnow, and GlobeSt.
Achievements/Awards
Top Producer, Cushman & Wakefield, 2015, 2016
Top 100 Brokers Nationwide, Cushman & Wakefield, 2014 - 2016
Company-wide Salesperson of the Year, Massey Knakal, 2004
Brooklyn Salesperson of the Year, Massey Knakal, 2010-2014
Affiliations
The Brooklyn Hospital Center (TBHC)
Brooklyn Academy of Music (BAM)
Cristo Rey Brooklyn
Laugh It Out
Brooklyn Historical Society
Notable Transactions
• $345 Million – 85-87 Jay Street, Brooklyn, NY, over 725,000 SF Development Site
• $340 Million – 25-30 Columbia Heights, Br ooklyn, NY, over 700,000 SF Office Conversion
• $90 Million – 9 DeKalb Avenue, Brooklyn, NY, over 300,000 SF Development Site
• $88 Million – 511 W. 35th Street, New York, NY, over 280,000 SF Development Site
• $85 Million – 180 Livingston Street, Brooklyn, over 100,000 SF Office Building