The Real Deal New York

Posts Tagged ‘town residential’

  • Real estate’s juiciest lawsuits of 2014

    December 16, 2014 08:30AM
    Clockwise from top left: Nicole Oge, Robert Gladstone, Dottie Herman, a spy cam, Neil Binder, Joseph Sitt and Andrew Heiberger

    Clockwise from top left: Nicole Oge, Robert Gladstone, Dottie Herman, a spy cam, Neil Binder, Joseph Sitt and Andrew Heiberger

    The old industry mantra “location, location, location” should come affixed with a corollary: “lawsuit, lawsuit, lawsuit.” From Jack Sitt going toe-to-toe with his brethren, to a battle for control of Town Residential, to a disturbing case of a landlord allegedly spying on a young female resident, the real estate industry saw it all this year. The Real Deal was there every step of the way, and we’ve rounded up some of the year’s most high-profile cases. Read about these suits and more after the jump.

    2 Comments
  • Town tears it up at TAO: PHOTOS

    December 12, 2014 01:30PM
    Clockwise from left: Andrew Heiberger and Joseph Sitt; Jordyn Honigfeld, Wendy Maitland and Reya Benitez; and Brett Solomon and James Corcoran

    Clockwise from left: Andrew Heiberger and Joseph Sitt; Jordyn Honigfeld, Wendy Maitland and Reya Benitez; and Brett Solomon and James Corcoran

    A Town Residential broker recently rhapsodized that “Andrew Heiberger is to Town what Caesar was to Rome.” That remains to be seen, but what is evident is that the firm’s first holiday party with Heiberger back at the helm did evoke images of an empire in full swing. Click here for a slideshow and the full story.

    6 Comments
  • The 39th-floor pad at the Pierre Hotel (Credit: Town Residential)

    The 39th-floor pad at the Pierre Hotel (Credit: Town Residential)

    The city’s priciest rental listing, a $500,000-per-month full-floor pad on the 39th floor of the Pierre Hotel, has successfully rented for the full asking price, according to Town Residential. That price sets a new record for the most expensive residential rental deal in New York City. [more]

    4 Comments
  • marc-lewis-town

    From left: Marc Lewis, Andrew Heiberger and 33 Irving Place in Gramercy

    Marc Lewis, a former top executive at the struggling Coldwell Banker Bellmarc Group, is joining Town Residential and claims he will bring over 4,000 rental listings with him to his new firm, The Real Deal has learned. [more]

    Comments
  • beverly-cole-town

    132 East 62nd Street on Upper East Side and Beverly Cole

    An Upper East Side mansion that hit the market in March for $27 million is now available as a rental, for $65,000 per month. [more]

    Comments
  • From left: 43 Crosby, Stephen Ferrara and Bo Poulsen

    From left: 43 Crosby, Stephen Ferrara and Bo Poulsen

    Fledgling development firm Squire Investments has made its first purchase, a five-story mixed-used building in Soho, for $15 million.

    Led by principals Ryan Solomon and Jared Siegel, Squire acquired 43 Crosby Street in an off-market deal that closed October 29. The deal is the first for the Manhattan-based company, which launched last year. [more]

    3 Comments
  • The Presidential Suite at the Pierre Hotel

    The Presidential Suite at the Pierre Hotel

    For $500,000 per month, the 39th floor of the Pierre Hotel is officially the city’s priciest rental listing. [more]

    1 Comment
  • From left: Anne Hathaway, One Main Street in Dumbo and Katharina Trebitsch

    From left: Anne Hathaway, One Main Street in Dumbo and Katharina Trebitsch

    Anne Hathaway has sold her Dumbo apartment for $4.3 million to German film producer Katharina Trebitsch. [more]

    1 Comment
  • From left: Andrew Azoulay, Jason Kidd, Paul Pierce

    From left: Andrew Azoulay, Jason Kidd and Paul Pierce

    Douglas Elliman scored a slam dunk this week when it lured a broker away from rival Town Residential who has more than $70 million in listings and a roster of clients that includes NBA stars Jason Kidd, Paul Pierce and Richard Jefferson. [more]

    Comments
  • town

    From left: Lindsey Owen, Jared Seligman and Central London

    Town Residential’s Lindsey Owen, who was tapped last month to head the firm’s first overseas office in London, just jumped ship to Douglas Elliman, The Real Deal has learned. [more]

    1 Comment
  • Jeff Appel ousted at Town: sources

    October 01, 2014 02:44PM
    From left: Andrew Heiberger and Jeff Appel

    From left: Andrew Heiberger and Jeff Appel

    UPDATED, 3:00 p.m., October 1: On the same day that Andrew Heiberger made a dramatic return as CEO to Town Residential, president and COO Jeff Appel was terminated, sources told The Real Deal. [more]

    21 Comments
  • Andrew Heiberger returns as CEO of Town

    October 01, 2014 11:05AM
    From left: Andrew Heiberger and Joseph Sitt

    From left: Andrew Heiberger and Joseph Sitt

    Andrew Heiberger is retaking the reins at Town Residential, replacing business partner Joseph Sitt as CEO, effective immediately.

    “From the beginning, Andrew has led the way in establishing a new degree of excellence on behalf of our clients and representatives,” Sitt and Heiberger said in an email sent to Town’s staff this morning that was shared with The Real Deal. “In the coming months and years, you can expect to see even more, as we continue to cement our reputation as the leading light in New York residential real estate.” [more]

    24 Comments
  • From left: Town's Wendy Maitland, Reid Price and Douglas Elliman's Dottie Herman

    From left: Town’s Wendy Maitland, Reid Price and Douglas Elliman’s Dottie Herman

    A judge has dismissed a counterclaim by former Town Residential broker Reid Price, who left the firm for a position at Douglas Elliman. Price’s counterclaim implied that he was owed $490,000 in commission payments from his former employer, according to court documents. [more]

    Comments
  • Town going across the pond

    September 17, 2014 03:15PM
    Lindsey Owen and the Central London skyline

    Lindsey Owen and the Central London skyline

    Goodbye bagels and Manhattans, hello crumpets and sherry. Town Residential will be opening its first international location in Central London, representatives for the firm told The Real Deal. [more]

    3 Comments
  • Jarrod Guy Randolph joins Town Residential

    September 12, 2014 04:15PM
    From left: Jarrod Guy Randolph, his $21 million listing at 845 United Nations Plaza and Jeff Appel

    From left: Jarrod Guy Randolph, his $21 million listing at 845 United Nations Plaza and Jeff Appel

    Less than four months after leaving CORE to start his own shop, Jarrod Guy Randolph is putting it to bed to join Town Residential, The Real Deal has learned. [more]

    3 Comments
  • Brett Miles

    Brett Miles

    Top-producing Town Residential broker Brett Miles, who joined the company about a year after it launched in 2010, is headed to Douglas Elliman.

    At Town, Miles brokered the sale of a $30 million townhouse at 47 East 74th Street on the Upper East Side, a $26 million condominium at the Related Companies’ Superior Ink and the sellout of 385 West 12th Street in the West Village. He is also currently the co-head of sales at Tribeca Development Partners and Gold Development’s 15 Leonard Street in Tribeca. [more]

    2 Comments
  • Town to open its first Brooklyn office

    September 04, 2014 03:22PM
    From left: Joe Sitt, an alternative map of Brooklyn and Ari LeFauve

    From left: Joe Sitt, an Ork Posters map of Brooklyn and Ari LeFauve

    Town Residential, the brokerage which bills itself as “Manhattan real estate experts,” is making its first foray into Brooklyn, The Real Deal has learned. [more]

    2 Comments
  • From left: Town's Jeff Appel, Nicole Oge and Douglas Elliman CEO Dottie Herman

    From left: Town’s Jeff Appel, Nicole Oge and Douglas Elliman CEO Dottie Herman

    A former marketing director at Town Residential – who was sued by the brokerage in June after jumping to Douglas Elliman – violated her non-compete agreement when she made the switch this spring, a judge ruled Monday. [more]

    15 Comments
  • From left: Jeff Appel and Eric Benaim

    From left: Jeff Appel and Eric Benaim

    The ranks of licensed real estate salespeople in New York City is getting larger. And based on recent data, a lot of the new entrants in the business appear to be setting up shop in the outer boroughs.

    Since the last time The Real Deal measured the rolls of licensed brokers – in December – those ranks have grown larger and at a faster pace. As of the first week of August, the number of licensed salespeople in Gotham grew by 8.6 percent from the previous year, according to information provided by the New York Department of State. In our December report, licensing activity had picked up 7.2 percent over a one-year period. [more]

    4 Comments
  • From left: Carol Nemeroff, Elaine Mayers, Talia Schor and Joe Snyder

    From left: Carol Nemeroff, Elaine Mayers, Talia Schor and Joe Snyder

    Veteran broker Elaine Mayers will be joining Town Residential, she announced on Thursday.

    Mayers, who has been with Citi Habitats for the past eight years, will bring team members Carol Nemeroff, Talia Schor and Joe Snyder with her to her new position.

    After eight years at Citi Habitats, Mayers said, “it’s time to make a change.” [more]

    4 Comments
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