Daniel Gale Sotheby’s International Realty, based on Long Island, has acquired Coldwell Banker Claire Sobel Real Estate. Coldwell Banker Claire Sobel, which has one location based at 27 Powerhouse Road in Roslyn, will stay open, but operate under Daniel Gale Sotheby’s name. Daniel Gale Sotheby’s has another Roslyn location at 1400 Old Northern Boulevard.
“This transaction is reflective of our confidence in the Claire Sobel team and in the vitality and value of North Shore real estate,” said Daniel Gale Sotheby’s President and CEO Patricia Petersen in a press release.
The terms of the acquisition were not disclosed.
“Daniel Gale Sotheby’s marketing expertise and reach will enable us to showcase our properties before a wider audience, regionally, nationally and internationally,” Coldwell Banker Claire Sobel owner Roy Sobel said in the release.
Daniel Gale Sotheby’s is a $1.6 billion-plus brokerage that has 600 sales associates. The company also has 21 offices across Long Island. The Claire Sobel team consists of 21 agents.
As previously reported, Rupert Murdoch and wife Wendi Deng listed their Oyster Bay mansion with Daniel Gale Sotheby’s, which sold last September for $9.1 million after a $5.7 million price cut. – Zachary Kussin