The Real Deal New York

Posts Tagged ‘Leonard Steinberg’

  • Leonard Steinberg

    Miami (inset: Leonard Steinberg)

    From the South Florida Market Report: Veteran broker Leonard Steinberg shocked many in the New York real estate world last year by ditching Douglas Elliman — after becoming one of its top agents during a 13-year run — for Compass, a New York City startup recently valued at a stunning $800 million. In August, Compass opened an office in Miami, where it plans to move to a more permanent space on Lincoln Road and swell its Florida roster to 100 agents.

    Steinberg, 50, who now serves as the president of Compass but still works as a broker, said the chance to build a business was too good an opportunity to pass up. Compass granted him an equity stake in the firm, which today has 300 agents and seven offices. Washington, D.C. is its other market. [more]

  • TRD-Forum

    From left: Hiten Samtani, Bess Freedman, Peter Fine, Leonard Steinberg, Andrew Heiberger and Ryan Serhant

    Gotham’s biggest real estate titans are beginning to set their sights on establishing a second stronghold in South Florida. For a look at the growing connection between New York City and Miami, click here to watch the “New to Miami” panel from The Real Deal South Florida Real Estate Showcase and Forum.

  • 2-North-Moore-Street

    From left: Oren and Tal Alexander, 2 N. Moore Street and Adam Modlin

    Financier Mark Zittman’s modernist Tribeca mansion is getting a price chop to $44.5 million, or $3,938 per square foot, and a new sales team. [more]

  • From left: Charles Blaichman, Leonard Steinberg and 492 Ackert Hook Road in Rhinebeck, N.Y.

    From left: Charles Blaichman, Leonard Steinberg and 492 Ackert Hook Road in Rhinebeck, N.Y.

    At the one-time home of country-club vegetarians, and later, recovering drug addicts, Compass president Leonard Steinberg and developer Charles Blaichman envision a weekend sojourn for urban-weary New Yorkers. [more]

  • Top residential agents of the week

    September 25, 2015 05:45PM
    Leonard Steinberg

    From left: Leonard Steinberg and 7 Harrison Street in Tribeca

    Leonard Steinberg of Compass topped this week’s residential sales with an $18.6 million condominium unit in Tribeca. Click here to see this listing and more.

  • From left: Compass co-founders Robert Reffkin and Ori Allon

    From left: Compass co-founders Robert Reffkin and Ori Allon

    Compass just raised $50 million in a Series C financing round, The Real Deal has learned. The investment, led by Institutional Venture Partners, values the two-year-old brokerage at about $800 million, according to sources familiar with the company. [more]

  • RealDeal BBall Web 2-2

    From left to right: Emily Beare, Leonard Steinberg, Ryan Serhant, Serena Boardman and Ilan Bracha (Illustration: Chris Manfre)

    “No player is bigger than the club,” the soccer adage goes, but what about in brokerage?

    Consider Ryan Serhant. The “Million Dollar Listing New York” star’s exclusives account for a whopping 57 percent of the total listings of his firm, Nest Seekers International.

    And his case is far from unique. Many of the city’s top residential brokerages rely on rainmakers who hold a healthy — or unhealthy, depending on whose side you’re looking from — chunk of their firm’s total listings. [more]

  • 116TRD0815D
    From the August issue: Leonard Steinberg shows off flood-proof basement vaults on social media, “Trump your cat” and more in this month’s Re:Cap. [more]

  • SusanDaimlerLeonardSteinbergBillRudinJeffreyFine

    From left: Susan Daimler, Leonard Steinberg, Bill Rudin (credit: STUDIO SCRIVO) and Jeffrey Fine

    Susan Daimler, the general manager of StreetEasy and Zillow NYC, hardly cuts an intimidating figure. Except, perhaps, to a room full of real estate agents, who publicly tout the listing sites for improving access to data but quietly wonder if that access will sideline brokers.

    Add in a paid advertising program, and you’ve got a recipe for the kind of public spat that ensued this morning at Compass’ “Future of Real Estate” panel discussion at the Asia Society. Along with Daimler, developer Bill Rudin took part, as did Jeffrey Fine, a top real estate executive at Goldman Sachs. [more]

  • A visualization of what Midtown's skyline could look like in 2018 (Credit: CityRealty)

    A visualization of what Midtown’s skyline could look like in 2018 (Credit: CityRealty)

    In 1691, British philosopher John Locke proposed that “the price of any commodity rises or falls by the proportion of the number of buyers and sellers.” His statement became the first commandment in the bible of modern business: Supply and demand drives everything. But at least in New York’s ultra-luxury condo market, Locke’s words are tough to come to terms with.  [more]

  • Compass retools brokerage exclusives

    June 18, 2015 09:30AM

    From left: Robert Reffkin and Leonard Steinberg

    When Brooklyn sales agent Debra Bondy hopped to Compass from the Corcoran Group in March, she – and her listings – got caught in the crosshairs of the battle that’s been raging between rival residential real estate firms. [more]

  • LeonardSteinbergAndiBernstein

    From left: Leonard Steinberg and Andi Bernstein

    Andi Bernstein, Compass’ head of expansion and strategic partnerships and an early member of the brokerage’s executive management team, left the firm, The Real Deal has learned.

    Bernstein gave notice in April and her last day was Monday, she confirmed in an email to TRD[more]

  • From left: Leonard Steinberg, Pamela Liebman and Alicia Glen

    From left: Leonard Steinberg, Pamela Liebman and Alicia Glen

    Residential brokers are sighing over what Mayor Bill de Blasio’s proposed “mansion tax” increases could do to the hot Manhattan market. [more]

  • 72 Mercer Street

    Mike Myers and 72 Mercer Street

    Comedian Mike Myers’ groovy Soho duplex is on the market for just shy of $17 million, with the Austin Powers star seeking a healthy return on the apartment he bought for $8 million eight years ago. [more]

  • From left: Gerhard Andlinger, 158 Mercer Street in Soho and Jon Bon Jovi

    The mystery buyer of Jon Bon Jovi’s $38 million Soho penthouse is Austrian-American businessman Gerhard Andlinger, sources told The Real Deal. [more]

  • 71 Franklin Street

    A rendering of 71 Franklin Street

    A five-story property at 71 Franklin Street in Tribeca is hitting the market for $65 million, which will make it the priciest townhouse listing in Downtown.

    Compass broker Leonard Steinberg announced the record-setting listing of the 20,000-square-foot home on his Instagram account. The current record for most expensive condo sold below Canal Street is a penthouse apartment at 145 Hudson Street for $30.1 million. [more]

    1 Comment
  • 7-harrison-soderbergh

    From left: Steven Soderbergh, 7 Harrison Street in Tribeca and Leonard Steinberg

    Academy Award-winning filmmaker Steven Soderbergh picked up a three-bedroom Tribeca condominium unit for $8.3 million. [more]

  • From left: Gina Gershon and 200 11th Avenue

    From left: Gina Gershon and 200 11th Avenue

    UPDATED, 11:10 a.m., Jan. 29: Actress Gina Gershon sold a condo at Young Woo’s 200 11th Avenue for $8.2 million. [more]

  • From left: 100 Eleventh Avenue and Vincent Gallo

    From left: 100 Eleventh Avenue and Vincent Gallo

    Filmmaker and actor Vincent Gallo is parting ways with his Chelsea apartment. [more]

  • From left: 763 Greenwich Street and Kiefer Sutherland

    From left: 763 Greenwich Street and Kiefer Sutherland

    Kiefer Sutherland’s former West Village home is trading hands again, after 16 months. [more]