The Real Deal New York

Posts Tagged ‘town residential’

  • Staff shuffle continues at Town

    April 16, 2014 06:15PM
    From left: Nicole Oge,

    From left: Nicole Oge, Lisa Meyer, Anthony Serino and Rosana Vidal

    Town Residential has made another string of promotion and hiring announcements, following the appointment of Wendy Maitland as president of sales last week. [more]

    7 Comments
  • Itzy Garay

    Itzy Garay

    Itzy Garay is the second key player at Town Residential to have been granted a promotion in recent days.

    Garay, one of the firm’s first recruits after it launched in 2010, has been named executive vice president of leasing, a move up from her former role as leasing director at Town’s Flatiron office. The promotion puts her on the company’s executive team.

    Wendy Maitland, formely a senior managing director at the company and another of the company’s first hires, was bumped up to president of sales earlier this week. [more]

    Comments
  • Wendy Maitland

    Wendy Maitland

    Brokerage Town Residential has named Wendy Maitland president of sales at the company, a step up from her previous title as senior managing director.

    The move puts Maitland, a key player at the brokerage since it launched three years ago, on the company’s executive management team for the first time.

    Maitland was among the first in a series of power brokers recruited to Town when the firm first debuted in 2010. She came from Brown Harris Stevens along with Reid Price, who has since departed the firm to take a position at Douglas Elliman. [more]

    1 Comment
  • From left: Domingo

    From left: Domingo Zapata’s planned mural and 446 West 14th Street

    Following a failure to secure city approval, Town Residential is scrapping plans to install a colorful floral mural outside the brokerage’s High Line-adjacent outpost.

    The firm reportedly canceled the project this week without telling the artist, Spanish-American painter Domingo Zapata, according to DNAinfo. [more]

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  • Kristin Thomas

    Kristin Thomas

    Kristin Thomas, the former sales director of Town Residential’s West Village office, has joined Trump International Realty as a senior sales agent, the Trump Organization announced this morning. Her resignation from Town comes on the heels of other big brokerage names, Clayton Orrigo and James Cox, departing the firm last month.

    In her new role, Thomas will be named a building specialist for the Trump Parc and Trump Parc East properties located at 100 and 106 Central Park South, respectively. [more]

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  • From left: Jeff Appel and Shlomi Reuveni

    From left: Jeff Appel and Shlomi Reuveni

    A month after Town Residential owners Joseph Sitt and Andrew Heiberger settled a legal battle for control of the firm, the company has scored a major coup with a high-profile hire.

    Brown Harris Stevens senior managing director Shlomi Reuveni, who headed up the Brown Harris Stevens Select new development marketing team, has joined Town as a managing director of new development, The Real Deal has learned. [more]

    10 Comments
  • Residential prices shoot through roof

    April 01, 2014 12:01AM
    From left: Jonathan Miller, Dottie Herman and Jeff Appel

    From left: Jonathan Miller, Dottie Herman and Jeff Appel

    Manhattan condo and co-op prices are finally seeing the impact of chronically low residential inventory and a shift toward über luxury in new development. [more]

    1 Comment
  • A rendering of 15 Leonard Street

    A rendering of 15 Leonard Street

    A new six-unit condo at 15 Leonard Street in Tribeca is launching sales today. [more]

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  • From left: Howard Lorber, Clayton Orrigo, James Cox and Elizabeth Ann Kivlan

    From left: Howard Lorber, Clayton Orrigo, James Cox and Elizabeth Ann Kivlan

    Clayton Orrigo and James Cox are the latest big names to depart brokerage Town Residential, following a public spat between the firm’s owners Joseph Sitt and Andrew Heiberger. [more]

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  • From left: Will Smith and 640 Broadway

    From left: Will Smith and 640 Broadway

    The Fresh Prince is on the hunt for a fresh place to live when in New York City. [more]

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  • From left: Interior and exterior of 732 West End Avenue

    From left: Interior and exterior of 732 West End Avenue

    The Sackman family has hired brokerage Town Residential to handle marketing and sales exclusively for a newly built condominium on the Upper West Side. [more]

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  • From left: Howard Lorber, Robert Dvorin and Melissa Brown

    From left: Howard Lorber, Robert Dvorin and Melissa Brown

    Top-grossing Town Residential broker Robert Dvorin has jumped to Douglas Elliman — less than a week after Town’s owners, Joseph Sitt and Andrew Heiberger, settled their legal battle for control of the firm. [more]

    13 Comments
  • Heiberger on the future of Town

    March 05, 2014 08:27PM
    Andrew Heiberger

    Andrew Heiberger

    Last night, Town Residential’s owners, Andrew Heiberger and Joseph Sitt, finally reached a settlement, bringing an end to their messy public legal battle over control of the firm.

    Today, The Real Deal talked to Heiberger about how the company, which has lost several top agents since the dispute erupted, will move forward and begin repairing the Town brand. [more]

    20 Comments
  • arends

    Daniela Zakarya and Frank Arends

    Two of Town Residential’s top-grossing brokers, Frank Arends and Daniela Zakarya, have defected to Douglas Elliman, their former firm. The moves comes just as Town’s owners, Joseph Sitt and Andrew Heiberger, have settled their drawn-out legal battle for control of the firm. (The two reached a settlement last night.)

    In a joint statement, Heiberger and Sitt said: “Frank’s and Daniela’s departure is extremely unfortunate. They are the quintessential Town representatives and were enjoying tremendous success here. We are sorry that our public dispute caused them to leave our firm. They will always have an office waiting for them should they decide to return” [more]

    16 Comments
  • Andrew Heiberger and Joe Sitt

    Andrew Heiberger and Joe Sitt

    Andrew Heiberger and Joseph Sitt, Town Residential’s top guns, have reached a settlement in their legal battle, bringing an end to an ugly — and public — bust-up between the two real estate executives. [more]

    30 Comments
  • From left: Andrew Heiberger and Joe Sitt

    From left: Andrew Heiberger and Joe Sitt

    From the March issue: While the leading residential brokerages like Douglas Elliman and the Corcoran Group held low-key holiday parties in 2013, three-year-old firm Town Residential went all out with a glitzy 800-person bash at the sleek new Meatpacking District restaurant Tao Downtown, where guests helped themselves to an open bar and passed hors d’oeuvres. [more]

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  • Now online: The March issue is live!

    March 03, 2014 11:40AM
    The Real Deal March 2014

    The Real Deal March 2014

    Buy, build, tweet, share. In the last three years, social media has gone from being a bit player in New York real estate to a central component of a firm’s marketing and branding strategy. Most of the city’s top residential brokerages have made big bets on social platforms, hiring dedicated teams to run social media operations, brainstorming ways to stand out with their content and training their brokers in the art of engagement. And the ones who haven’t are catching up fast. We look at what they’re up to in our April cover story, “@NYCRealEstate: Social media status update,” now available online. [more]

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  • From left: Joe Sitt and Andrew Heiberger

    From left: Joe Sitt and Andrew Heiberger

    MOST READ: Town Residential founder Andrew Heiberger has been awarded a temporary restraining order against the company’s partner, Thor Equities’ Joseph Sitt, preventing Sitt from continuing to shut Heiberger out of his office at the firm’s Irving Place headquarters. [more]

    34 Comments
  • From left: Joseph Sitt and Andrew Heiberger

    From left: Joseph Sitt and Andrew Heiberger

    Town Residential founder Andrew Heiberger filed an application for a restraining order and a preliminary injunction today against his investment partner at the firm, Joseph Sitt.

    The restraining order request, along with an accompanying injunction petition, is the latest development in the ugly battle between the two partners. Late last month Sitt terminated Heiberger’s contract as CEO. The two each own 50 percent of Town, which launched in 2010 and now has more than 600 brokers and 10 offices. [more]

    16 Comments
  • Joe Sitt

    Joe Sitt

    The New York market is fetching record prices and inventory is hitting an all-time low, Joe Sitt said on Bloomberg’s Street Smart Tuesday. Click here to see the video.

    3 Comments
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