Heavyweight Manhattan-based residential brokerage Halstead Property is expanding its Connecticut presence with a second office in Greenwich, its third new location this year and eighth overall in the state, the firm’s executives told The Real Deal exclusively.
“Greenwich has always been the entry point to Connecticut,” Diane Ramirez, CEO of Halstead, told TRD. “We wanted to have a fabulous leader and a fabulous location before we enhanced our presence in this town.”
The new office will be located at 56 Mason Street and is approximately 5,000 square feet. It will open in in about a month after minor renovations are made to the space and will house 25 to 30 brokers, Ramirez said.
Joann Erb, a real estate veteran with Greenwich-based residential brokerage Round Hill Partners, will serve as director of sales for the outpost. Ramirez described Erb as a “market leader in Greenwich” as well as a longtime resident.
Erb is bringing 10 agents to the Greenwich office from various brokerages, Ramirez said, and Halstead will hire additional agents to fill the new space.
Halstead currently has seven offices throughout Connecticut, including one at 75 Holly Hill Land in Greenwich with nine agents. Its other offices are in Darien, New Canaan, Stamford, Rowayton, Westport and Wilton. In addition, the 1,000-agent brokerage has offices in Manhattan, Brooklyn, the Bronx, the Hamptons and New Jersey.
“I’m starting to lose track,” Ramirez quipped. The firm has opened offices in Washington Heights and Southampton this past year.
In June, Ramirez was named Halstead’s first-ever CEO, while James Gricar took over Ramirez’s former title as president, as TRD previously reported. Ramirez had held the president title for 14 years. She co-founded the firm in 1984 with Clark Halstead.
In May, The Real Deal ranked Halstead the third-largest residential brokerage in Manhattan, only behind Douglas Elliman and the Corcoran Group, with 617 Manhattan brokers.