Satish Thakersey was born and raised in Mumbai, India and joined my family cotton business after completing a micro-biology and chemistry in India. My family was the third largest exporter of cotton and textiles in the country. I expanded our business into fashion design and development and became certified in London in textile engineering.
I moved to the USA to marry my wife and we began our own apparel business in production and product development. We had a very successful business and did sourcing and design worldwide. With communication becoming easy and the world becoming smaller, it became obvious that our business was going to be short lived. I re-invented myself and joined Citi Habitats where I have been for the past 11 years. I have found a home and a new career that has been challenging and exciting for me.
What do you do best?
I am analytical and do extensive research in the areas and price ranges suitable for my clients. I evaluate the out of pocket the client can afford and suggest properties that will be financially comfortable for them to own.
What makes you the best?
I develop strong personal relationships and have enabled clients to flip properties for exceptional profits. From that point I find them value property in up and coming areas that they can flip again for significant profits.
What are your aspirations?
I have extensive long time overseas business relationships from my original career in textiles and apparel as well as friends I have amassed over the years of travel. I intend to add Florida license to my NY license and encourage overseas investors. As these are friends and associates for over 30 years, the trust should enable me to tap into an extensive new market of buyers.
When the Kalahari in East Harlem was built I recognized it as a great value and sold many apartments in the complex. It was one of the first “green” buildings with tax abatement that made it a valuable purchase. Within 3-4 years I re-sold these properties with up to 65% profits. I am still the #1 salesman in that building and have been acknowledged as an expert on Harlem.
Most Challenging Moment?
I had sold 8 apartments on Bond St with an average sales price of $1,200,000. The project was not completed on time and the attorney general required a refund to all waiting buyers. With all the work I had put into the sales I had to reinforce the trust my clients had in me in redirect them into purchasing other properties. An entire year of work was lost because the developer was unable to secure the certificate of occupancy on a timely basis.
I can make the impossible – possible.
My wife has battled a rare blood and bone cancer for 21 years and continued to work extensively and travel managing the pain and inconvenience.
I also adore my 2 children (both in real estate now)- their spouses and my 6 wonderful grandsons.
New York City is my absolute favorite place. It’s where I work. It is where I meet people and develop long relationships and it is where my family is. All my successes in the past 11 years are a gift from New York.
My iPhone which keeps me in touch 24/7 and my lap top.
To relax it’s a Guinness at the local pub.
I travel extensively and stay in small towns and rental homes to really immerse myself in the culture. I have been around the world from South Africa, China other Asian countries , Ecuador/Galapagos Islands and most European Countries.
I will be starting my exploration of the USA now to include the Redwood Forest, Wine Country in California, the Grand Canyon and the Red Rocks in Arizona to start with.