Mr. Palmese, a Brooklyn native, joined Massey Knakal in August 2004 after graduating from Georgetown University, where he pursued a double major in International Finance and New and Small Business Management. While there, as a compliment to his program, he also studied Foreign Exchange abroad at Oxford University, UK & in Florence, Italy.
Since joining the firm, Stephen has sold over 100 properties with an aggregate consideration of nearly $700,000,000. In 2012, he was named a Top Investment Sales Broker in New York by Real Estate Forum and was profiled on the front cover of The Commercial Observer for having sold 8% of all Brooklyn sales in 1H12. Stephen was, also, awarded Second Place Salesperson company-wide at Massey Knakal Realty Services. In 2010 and 2012, Stephen was awarded the Annual Stephen B. Siegel Brooklyn Salesperson of the Year Award for his success at Massey Knakal and named a CoStar Powerbroker.
His most noteworthy sales from 2012 include: 51 Jay Street, an 80,000 square foot conversion property for $25,000,000; 204 Huntington Street, a 60-unit residential building for $24,500,000; 313 Gold Street for $19,000,000; a three-building portfolio in Brooklyn Heights for $16,650,000; 109 Gold Street, a new construction, luxury residential building for $14,500,000; and 131-137 Emerson Place, a block-through development site for $13,000,000.
Mr. Palmese is a founding member of the Young Leadership Council for The Brooklyn Hospital Center, a founding board member of Cristo Rey Brooklyn High School, a member of Generation Advance at Brooklyn Academy of Music (BAM) and he sits on the steering committee for the Brooklyn Real Estate Roundtable. Stephen is an active member of the Jewish Children's Museum and Museum of Jewish Heritage and a member of the Real Estate Board of New York.
Mr. Palmese enjoys architecture, film and theatre producing and participates in athletic events for charity. He resides in the West Village neighborhood of Manhattan and can be reached in the Brooklyn office at 718.238.8999, x6552.