The Real Deal New York

Posts Tagged ‘Urban Compass’

  • From left: Eugene Litvak, 316 Bergen Street and 267 6th Street

    From left: Eugene Litvak, 316 Bergen Street and 267 6th Street

    Urban Compass’ Litvak Team bagged exclusive marketing rights to developer Miki Naftali’s Brooklyn portfolio, The Real Deal has learned. [more]

    12 Comments
  • From left: Robert Reffkin, Leonard Steinberg and Lever House at 390 Park Avenue

    From left: Robert Reffkin, Leonard Steinberg and Lever House at 390 Park Avenue

    Urban Compass is expanding to Park Avenue’s Lever House. [more]

    5 Comments
  • The penthouse at 7 Harrison Street in Tribeca (Credit: Steven Harris Architects)

    The penthouse at 7 Harrison Street in Tribeca (Credit: Steven Harris Architects)

    The $25 million penthouse at Tribeca’s 7 Harrison Street goes live this morning, and The Real Deal got a first peek. The Southern California-style, glassy duplex house, designed by Steven Harris, is inspired by the work of late Austrian-American modernist architect Richard Neutra. The unit has four bedrooms and 4.5 bathrooms spread over 4,200 square feet. [more]

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  • Eugene Litvak and Robert Reffkin

    Eugene Litvak and Robert Reffkin

    Citi Habitats’ top-producing broker team has decamped to Urban Compass.

    The 10-person Litvak Team, led by Eugene Litvak, will help spearhead the opening of a Brooklyn office for Urban Compass within the next six months, CEO Robert Reffkin told The Real Deal. “We plan to invest a lot in growing Brooklyn,” he said. Of Litvak, he added, “We’ll start growing Brooklyn around him and other agents.” [more]

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  • From left: Stacey Froelich, Robert Reffkin and Jesse Shafer and Greg McHale

    From left: Stacey Froelich, Robert Reffkin and Jesse Shafer and Greg McHale

    Real estate startup Urban Compass nabbed three more broker teams – and upwards of $35 million in exclusive listings – from rival brokerage the Corcoran Group.

    Among the hires is the top-producing LaChance Team, a five-member unit led by Debra LaChance that is bringing more than $25 million in exclusives to Urban Compass, the brokerage told The Real Deal. The group, which includes Denise LaChance, Ariel Brenner, Betsey Kane Margolies and Kimberlee Knecht, joined Urban Compass as of Wednesday, and their listings were immediately removed from Corcoran’s website. [more]

    26 Comments
  •  

    From left: Citi Habitats' Gary Malin and Urban Compass' Robert Reffkin and Ori Allon

    From left: Citi Habitats’ Gary Malin and Urban Compass’ Robert Reffkin and Ori Allon

    This story was initially published yesterday at 8:15 p.m. It has been updated with the court’s ruling on the order below.

    Following a lawsuit filed by real estate brokerage Citi Habitats, which accused rival Urban Compass of hacking into its proprietary listings database, a judge has granted a restraining order against the tech startup, preventing it from accessing the database. But the court did not grant Citi Habitats’ request that the court halt Urban Compass’ own software development — which Citi Habitats argued may improperly utilize data gleaned from its system.

    The ruling, by Judge Jeffrey Oing, came on the same day that Citi Habitats sued Urban Compass — the second time Urban Compass was hit with a lawsuit in two months accusing the startup of stealing trade secrets. [more]

    37 Comments
  • From left: Gary Barnett and Roy Kim (Credit: Urban Compass)

    From left: Gary Barnett and Roy Kim (Credit: Urban Compass)

    Extell Development’s top design executive left Gary Barnett’s firm to join Urban Compass. Roy Kim, who worked on projects including One57 and the Carlton House, will build a new development team at the cash-rich real estate tech startup. [more]

    12 Comments
  • From left: Avi Dorfman and Robert Reffkin

    From left: Avi Dorfman (Credit: Columbia Spectator) and Robert Reffkin (Credit: Urban Compass)

    Hot on the heels of a $360 million valuation, Urban Compass is being sued by an entrepreneur claiming that the company and its CEO Robert Reffkin adopted his product and business model under false pretenses — and then unceremoniously cut him out of the action. [more]

    2 Comments
  • From left: Jared Kushner, Miki Naftali and Leonard Steinberg

    From left: Jared Kushner, Miki Naftali and Leonard Steinberg

    Developers Miki Naftali and Jared Kushner, as well as top Downtown broker Leonard Steinberg, spoke today to a standing-room-only crowd at the Lower East Side’s New Museum during a panel discussion on the future of real estate. The discussion kicked off with a look at the state of Manhattan’s luxury market. [more]

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  • From left: Ori Allon, Joshua Kushner and Marc Benioff

    From left: Ori Allon, Joshua Kushner and Marc Benioff

    UPDATED 10:00 a.m., July 22: The industry’s collective puzzlement over Urban Compass just turned into befuddlement. Less than a year after raising $25 million from blue-chip investors such as Salesforce’s Marc Benioff and Condé Nast parent Advance Publications, the real estate technology startup announced this morning that it raised another $40 million, valuing the company at a staggering $360 million. The Series B funds came from mostly existing investors — including Benioff and Advance Publications. [more]

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  • Leonard Steinberg (Credit: Briana Heard)

    Leonard Steinberg (Credit: Briana Heard)

    From the July issue: It was the shot heard ’round the real estate world. Last month, Leonard Steinberg ended his 13-year tenure with Douglas Elliman to join real estate technology startup Urban Compass as its president. [more]

    1 Comment
  • soderbergh

    From left: Steven Soderbergh, 155 Franklin Street and Herve Senequier

    Filmmaker Steven Soderbergh, best known for “Traffic,” “Erin Brockovich” and the “Ocean’s Eleven” trilogy, has listed his three-bedroom condominium at 155 Franklin Street in Tribeca for $6 million, as well as a three-bedroom in Chelsea for $5 million. [more]

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  • Ryan Serhant to join Urban Compass?

    June 19, 2014 01:02PM
    From left: Ryan Serhant and Leonard Steinberg

    From left: Ryan Serhant and Leonard Steinberg (Credit: @luxury_loft_team on Instagram)

    Could “Million Dollar Listing New York” star Ryan Serhant be looking to leave Nest Seekers International to join Urban Compass? Leonard Steinberg, one of the city’s top-ranked brokers, made a shock move to the much-hyped startup from Douglas Elliman earlier this month, and has been wining and dining Serhant this week, as indicated by both brokers’ social media accounts. [more]

    10 Comments
  • From left: Jay Glazer and Tinnie Chan Sassano

    From left: Jay Glazer and Tinnie Chan Sassano

    Warburg Realty’s Jay Glazer and Town Residential’s Tinnie Chan Sassano are the latest in a string of high-profile brokers to jump to Urban Compass in recent months. The moves come hot on the heels of star broker Leonard Steinberg’s surprise defection from Douglas Elliman.

    Glazer, named one of Warburg’s top brokers in 2013 along with Richard Steinberg and Wendy Greenbaum, cited Leonard Steinberg’s leap as a factor that cemented his decision to make the move. [more]

    5 Comments
  • 146 Waverly Steinberg

    From left: 146 Waverly Place, Leonard Steinberg and renderings of interior of 146 Waverly

    Leonard Steinberg is marketing a Greenwich Village townhouse undergoing a gut renovation for $22 million — more than twice the $10.2 million the sellers paid for the property late last year. [more]

    4 Comments
  • Leonard Steinberg and a unit at 7 Harrison Street (Credit: Urban Compass)

    Leonard Steinberg and a unit at 7 Harrison Street (Credit: Urban Compass)

    Leonard Steinberg’s shock exodus from Douglas Elliman saw the star broker take several shiny listings to his new firm, upstart Urban Compass. But it appears Steinberg may have had to relinquish a number of his crown jewels in the surprise switch. [more]

    2 Comments
  • From left: Ori Allon, Leonard Steinberg, Hervé Senequier and Robert Reffkin

    From left: Ori Allon, Leonard Steinberg, Herve Senequier and Robert Reffkin

    UPDATED, 10:22 a.m., June 2: Leonard Steinberg, a perennial top-ranked broker at Douglas Elliman, is ending his decade-plus tenure with the firm to join Urban Compass as its president, The Real Deal has learned. Steinberg declined to comment, citing legal constraints. He led Elliman’s Luxury Loft team, along with partner Hervé Senequier, who is also joining Urban Compass as vice president of strategic development. [more]

    16 Comments
  • From left: James Cox Jr. and Frank Giordano

    From left: James Cox Jr. and Frank Giordano

    Stribling & Associates brokers James Cox Jr. and Frank Giordano have left the company to join Manhattan startup Urban Compass.

    The pair will be based out of the company’s new Union Square office and focus on Manhattan-based exclusives, including a full floor unit at Tribeca’s One York condominium listed at $18 million. [more]

    10 Comments
  • Urban Compass executives Gordon Golub, Sofia Song and Robert Reffkin

    Gordon Golub, Sofia Song and Robert Reffkin

    From the April issue: In September, New York City-based real estate and technology start-up Urban Compass closed a deal with investors for funding totaling $20 million. The investment — from companies such as Advance Publications, the parent of Condé Nast; Joshua Kushner’s Thrive Capital, and venture capital firm Founders Fund — valued the company at close to $150 million. [more]

    1 Comment
  • The April issue is live!

    April 01, 2014 01:01PM
    mark

    The Real Deal April 2014

    Based on the recent surge in construction permit applications filed in the city, the seemingly never-ending residential inventory squeeze might be easing over the next few years. We examined filings to determine the most active developers in the five boroughs, in our cover story, which is now available online. The list was a mix of well-established players and up-and-comers, with Extell Development at the top. [more]

    2 Comments
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