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Our Team

Ed Castagna - Founder and CEO
25 years of experience in Appraisals, Repossessions & Liquidations...

Over 25 years ago, used equipment dealers and mechanics taught Ed what to look for and which questions to ask when evaluating machinery and equipment for resale. Since then, he's honed his appraisal skills through hands on experience and continuing education. InPlace Auction's appraisals contain insightful and common sense values delivered professionally. Ed has been an expert witness with a 100% rate of success in courtroom defense of challenged value. Ed has been retained as the face-to-face contact with defaulting business owners by a variety of Fortune 100 creditors, relying on his tact, expertise, and determination to resolve uncomfortable and potentially dangerous situations.

Ed has been trusted and charged with the difficult task of liquidating distressed companies to the bare walls. He's helped turn off the lights of thousands of companies in industries as varied as television, manufacturing, transportation, medical, municipal, financial, textile, automotive and commercial real estate just to name a few. "It's my responsibility to treat everyone with respect, regardless of their circumstances. That's how I've been able to successfully and peacefully defuse even the most precarious of situations. I know exactly how to resolve most situations, but also know when it's time to walk away and return promptly with a court order and appropriate authorities."

An early adopter of web based technology in 1988, Ed was the first in the industry to create a high volume internet enhanced recovery, remarketing and reporting web based service. He is now applying this experience in conjunction with the latest technology to the auction business.

Ed earned a B.A. in Psychology from Syracuse University, and is a graduate of the Mendenhall School of Auctioneering. He has been educated in appraisal procedure and ethics by The American Society Of Appraisers. Ed served on the ELFA Board of Directors from 2006-2009 representing its service provider members; is on the service providers business council of the ELFA; is a member of the fair Business Practices Committee and is an advisory board member of The Leasing News (

Ed is one of the founding members, and serves as the current President, of the Tender Loving Care Foundation (; is an advisory board member to South Bronx Education Foundation ( and most recently was tapped to join the board of directors of the Stewart Fund. Ed is also a Steward of St. Brigid's R.C. Church ( and his favorite place to be is anywhere, with his wife Jeanine, and their two boys.

Glenn Butkerait
Glenn brings to InPlace Auction a unique set of technology and management skills. Over the past 15 years, Glenn has assisted organizations in the implementation of hardware and software technologies that, in conjunction with their human resources, helped them develop a competitive edge.
Extensive project management and implementation experience in both hardware and software makes Glenn's skillset a perfect fit for InPlace Auction. Glenn and Ed are not strangers. Having worked together on and off for the past dozen years, Glenn assisted Ed at his previous firm with a variety of projects that changed the degree to which technology was being utilized. The end result was a reduction in personnel, reduced technology overhead costs and an increase in sales - while at the same time improving the customer's experience.
Glenn has worked with organizations both big and small ranging in size from the United States Postal Service and Herff Jones Publishing to family run businesses and sole proprietorships. For the past 8 years, Glenn has worked with special focus on the Financial Services industry assisting firms with data analysis, the development of custom compliance reporting systems and custom CRM implementations.

Glenn holds an undergraduate degree in Business from Hofstra University (Hempstead, New York) as well as an MBA from Adelphi University (Garden City, New York). A Long Island native, he currently resides on the East End with his wife and daughter, is an avid boater and former United States Coast Guard Auxiliary volunteer.

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