Daun Paris and Peter Hauspurg, the husband and wife duo that founded Eastern Consolidated nearly four decades ago, have landed leadership positions on ABS Partners Real Estate’s acquisitions team.
Hauspurg will enter as a co-managing partner while Paris will take on a senior position with the group, as will Peter Takiff, the one-time Eastern Consolidated CFO who will join his former employers at ABS.
All three will be tasked with building out the firm’s acquisition pipeline and expanding its partnership relationships, Gregg Schenker, ABS president and co-managing partner, said when he announced the new hires Wednesday.
“This new chapter in the esteemed careers of Peter, Daun and Peter holds tremendous promise for the growth and success of the ABS Partners investment platform and our ability to source equity investments that meet the appetites and investment goals of our many long-time partners,” Schenker said. “We also hope to be a resource for their relationships, creating opportunity for new equity partners who value our vertically integrated platform for value creation.”
Hauspurg and Paris abruptly shuttered their once-prominent commercial brokerage in July, leaving 100 agents and staff members without work. The couple had previously tried to partner with another firm to stay afloat, but to no avail.
Throughout the spring and fall, Eastern Consolidated’s top brokers have landed with other prominent firms throughout the city.
Eastern Union Funding hired Mark Schnurman as Chief Sales and Operating Officer; Adelaide Polsinelli, Robin Abrams and Ronda Rogovin have all landed jobs at Compass; Rubin Isak and Lev Kimyagarov started their own firm, Goldenwood Property Advisors, bringing along Alex Isak, Mark Pietrogiacomo, Michael Musto and Jonathan Sherman, and Brian Ezratty and Ron Solarz made the jump to Newmark Knight Frank.
At ABS, Paris and Hauspurg will work with co-managing partners Peter Burack and Steven Hornstock and partners Jason Fein and Randy Modell in the ABS Partners equity investment platform.
The firm’ portfolio is comprised of 84 distinct investments totaling 96 properties in 10 states, though the majority are located in Manhattan.
“We’ve spent decades building a vertically integrated real estate company, able to tackle every aspect of an investment and every stage of the life cycle of an asset,” Schenker said. “We’re uniquely positioned to participate in a wide range of opportunities – and to execute in every type of deal structure, role, challenge and plan. We are excited to bring our finely tuned investment and asset management machine to the new acquisition targets in Peter’s line of sight.”