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Nooklyn CEO steps down after firm slashes agent commissions

Written by CRETech | Oct 11, 2019 12:23:29 PM

The CEO of startup brokerage Nooklyn is stepping down amid turbulence over the company’s decision to cut agent commissions and alter its payment structure.

Harley Courts, who founded the Brooklyn-based company in 2010, is stepping down and taking a leave of absence, according to an email sent to staff Thursday by Courts’ business partner, Moiz Malik. Noble Novitzki, Nooklyn’s chief people officer, will take over as CEO, effective immediately.