Monday, October 31, 2011

Andrew Farkas Keeping Brokers Happy

Investor Andrew Farkas, who made a bundle by buying one of the city's leading commercial real-estate brokerages in 1996, looks like he wants to repeat his success with the purchase of Grubb & Ellis, a national firm.

But he better move quickly. If the firm's New York office is any measure, the brokerage has been seeing top people depart.

Since 2010, when David Arena, the firm's tri-state chairman, made a high-profile departure for J.P. Morgan Chase, the New York ...

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