By ALINA SURIEL
Harrison will soon have its answer to the popular Bravo TV show, “Million Dollar Listing,” as town resident Tony Mazzuli begins production and filming on his own real estate reality show.
Mazzuli, 32, has lived in Harrison for 20 years and serves as the director of the commercial real estate division for the Keller Williams real estate group in White Plains. His reality show, which is currently being filmed, has not been picked up by any networks yet, but will follow him as his office handles large-scale property deals, some worth hundreds of millions of dollars. Typically, the biggest deals involve mixed-use buildings in New York City, with retail stores on the bottom and residential units above.
Mazzuli thinks his business is good material for a reality show because of how high-risk the commercial real estate market can be. He estimates only about 50 percent of deals made actually go through.
With financially powerful clients who “like to get what they want,” he describes the commercial real estate business as “bigger commission, bigger egos.” With so much money on the line, there is also the possibility of big failure, such was the case when Mazzuli’s firm lost a $950,000 commission when one of his deals fell apart after two years of negotiations.
Mazzuli is used to taking risks.
He started in the real estate business 12 years ago, and launched his own real estate company three years into his career. When the stock market crashed in 2008, Mazzuli was forced to scale back after his company lost everything. He used that time as an opportunity to get hold of his long-time dream of being an actor.
“I got pretty far; an agent, some speaking roles, but it’s not consistent, so it’s hard to make a living,” he said. “And I didn’t want to have a check-to-check, struggling life, so I decided to make my money in real estate and then go back to producing and then acting on the side.”
Mazzuli sees his newest project as a way to be both on-camera and continue his career in real estate.
“Everyone has the instinct to follow their passions, and I kind of went all out, but there’s a better way to do it, one step at a time,”Mazzuli said. “It’s about balancing your lifestyle with your passions and making that work.”