The Real Deal New York

Posts Tagged ‘Urban Compass’

  • From left: Corcoran CEO Pam Liebman, Compass President Leonard Steinberg and CEO Robert Reffkin.

    From left: Corcoran CEO Pam Liebman, Compass President Leonard Steinberg and CEO Robert Reffkin.

    A judge granted a temporary restraining order preventing former Corcoran Group agents who defected to Compass from accessing Corcoran’s listings database.

    The order, issued Tuesday after Corcoran sued Compass for “brazenly and intentionally” poaching its agents, was unsealed Friday, according to lawyers involved. [more]

    18 Comments
  • Inside a Compass job offer

    March 24, 2015 06:14PM
    Compasscontract

    (Credit: Juan Zielaskowski)

    UPDATED: 8:19 p.m., March 24: When Gene Martinez, the former Soho manager for the Corcoran Group, decamped to Compass earlier this year, he accidentally left a key document on his Corcoran work computer: a copy of his job offer from Compass. [more]

    20 Comments
  • PamLiebmanGeneMartinezPatrickBrennanRobertReffkin

    From left: Pam Liebman, Gene Martinez, Patrick Brennan and Robert Reffkin

    The Corcoran Group, which has been hemorrhaging agents to startup brokerage Compass in recent months, slammed the rival brokerage with a lawsuit today alleging it “brazenly and intentionally” raided key Corcoran offices. [more]

    61 Comments
  • JoshWesokySteveDawson

    From left: Joshua Wesoky and Steve Dawson

    Compass snagged top-producing agent Joshua Wesoky from Sotheby’s International Realty, as it continues its recruiting tear.

    Wesoky, a former investment banker, was a top agent in Sotheby’s Downtown office for the past three years and represented the Republic of France in its recent $13.9 million acquisition of 222 East 62nd Street. In all, he sold $126.5 million worth of real estate between March 2014 and February 2015, he said. [more]

    8 Comments
  • Sofia Song

    Sofia Song

    Sofia Song, Compass’ head of research and external affairs and one of the brokerage’s most high-profile hires after it launched in 2013, is no longer working full-time at the startup firm.

    Song, who was the head of research and communications at the listings website StreetEasy before jumping to Compass, is now listed as the firm’s senior advisor for data and market reports, according to the firm’s website. [more]

    4 Comments
  • From left: James Morgan and Robert Reffkin

    From left: James Morgan and Robert Reffkin

    Days after dropping “Urban” from its name, the brokerage Compass lured top-producing agent James Morgan away from the Corcoran Group.

    Morgan sold $75.7 million worth of real estate in 2014, and he put another $27 million of property into contract, according to Compass. He was Corcoran’s top agent in Soho last year. [more]

    11 Comments
  • Urban Compass is now just Compass

    February 06, 2015 05:25PM
    urban

    From left: Ori Allon and Robert Reffkin

    Urban Compass, the real estate brokerage that has raised more than $70 million, is dropping the “Urban” from its name and will henceforth be known as Compass, according to a report.

    The news was confirmed by a source close to the company. [more]

    15 Comments
  • From left: Bruce Willis in "A Good Day to Die Hard," 271 Central Park West and Wesley Edens

    From left: Bruce Willis in “A Good Day to Die Hard,” 271 Central Park West and Wesley Edens

    Bruce Willis, nemesis of silver screen bad guys everywhere, is in contract to acquire a six-bedroom co-op at 271 Central Park West that was listed for nearly $17 million. [more]

    Comments
  • Lindsay Barton Barrett

    Lindsay Barton Barrett

    Top Brooklyn agent Lindsay Barton Barrett, who was the Corcoran Group’s No. 1 individual agent in 2013, has followed several former colleagues to Urban Compass, The Real Deal has learned.

    Barrett, who had a career in law before getting into real estate, joined Corcoran 12 years ago and closed $80 million in sales in 2013. She closed $100 million in sales in 2014, including 45 Montgomery Place in Park Slope which sold for $10.8 million, the third-priciest sale in Brooklyn to date. Barrett found the buyer. [more]

    4 Comments
  • Annabelle Selldorf and Aby Rosen, unfiltered

    Annabelle Selldorf and Aby Rosen, unfiltered

    Put some of real estate’s biggest names together on stage, and there are no shortage of zingers. That was the case today, when developers Aby Rosen of RFR Holdings and Taconic Investment Partners’ Paul Pariser, along with architect Annabelle Selldorf, spoke to a crowd who gathered to hear a panel on the future of real estate at Lincoln Center’s Samuel B. and David Rose building. [more]

    Comments
  • urban

    From left: Robert Reffkin and Gene Martinez

    From the South Florida website: Urban Compass is heading south this winter. Gene Martinez, formerly of the New York-based Corcoran Group, will lead the firm’s expansion into Miami, the technology-driven brokerage firm announced Wednesday.

    Martinez is joining the company as its director of sales and business development for Miami and Washington, D.C., according to a news release. Miami is critical to the firm’s national expansion, founder and CEO Robert Reffkin said. [more]

    Comments
  • 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]

    Comments
  • The Real Deal‘s hottest stories of 2014

    December 30, 2014 12:48PM
    2014-collage

    Top from left: 834 Fifth Avenue, Jared Kushner, 432 Park Avenue and WeWork’s Miguel McKelvey and Adam Neumann. Middle from left: Fredrik Eklund and John Gomes, One World Trade Center, Bob Knakal and Paul Massey and Durst’s West 57th Street project. Bottom from left: The Ritz-Carlton at Battery Park City, Andrew Heiberger and Joe Sitt, 520 Park Avenue and Gary Barnett.

    As the year winds down to a close, The Real Deal looks back on the big deals, attention-grabbing broker moves and record numbers that made 2014 one for the books. [more]

    1 Comment
  • From left: Leonard Steinberg, 450 West 25th Street and Ben Shaoul

    From left: Leonard Steinberg, 450 West 25th Street and Ben Shaoul

    UPDATED, Dec. 17, 4:17 p.m.: Ben Shaoul’s conversion of a four-story multifamily building in West Chelsea into a modern townhouse has set a record north of 23rd Street, broker Leonard Steinberg claims. [more]

    5 Comments
  • serhant-1

    Ryan Serhant and 277 East 7th Street in East Village

    Ryan Serhant, a Nest Seekers International broker and star of “Million Dollar Listing New York,” is taking over sales at 277 East 7th Street, a six-unit condo building that has been on the market for approximately two months with no units sold. [more]

    7 Comments
  • From left: Aby Rosen, a rendering of 610 Lexington and Robert Reffkin

    From left: Aby Rosen, a rendering of 610 Lexington and Robert Reffkin

    Aby Rosen’s RFR Realty – which already leases more than 60,000 square feet of office space to Urban Compass – is poised to retain the brokerage to market its 61-story condo development in Midtown. [more]

    1 Comment
  • From left: rendering of 152 Elizabeth Street and Tadao Ando

    From left: rendering of 152 Elizabeth Street and Tadao Ando

    Japanese architect Tadao Ando has designed some of the world’s most celebrated buildings. He’s won every major architecture award. The only thing that’s seemed to elude him: designing a New York City apartment building. [more]

    1 Comment
  • From left: Kyle Blackmon, 88 Central Park West, Sting and Unit 2/3S

    From left: Kyle Blackmon, 88 Central Park West, Sting and Unit 2/3S

    Billionaire Michael Naify sold his Central Park West apartment — a duplex at the Brentmore once owned by Sting and Billy Joel — for $17.1 million. [more]

    2 Comments
  • Is Urban Compass really the future?

    November 25, 2014 08:30AM
    From left: Ori Allon, Leonard Steinberg, Kyle Blackmon and Robert Reffkin

    From left: Ori Allon, Leonard Steinberg, Kyle Blackmon and Robert Reffkin

    Brown Harris Stevens’ Twitter handle reads, simply, “@Established1873.” The brokerage trades upon its distinguished lineage and generally manages to keep its white-gloved hands out of industry drama. But when real estate startup Urban Compass poached elite broker Kyle Blackmon last week, BHS president Hall Willkie decided it was time for those gloves to come off.

    “Kyle has made the decision that the equity proposition offered to him trumps a singular focus on brokerage,” Willkie said in a statement to The Real Deal. He questioned the wisdom of that decision in an internal BHS memo that stated: “The value of Kyle’s or anyone’s equity will be dependent on the success of Urban Compass’ founders implementing their vision of selling their company for substantially more than many industry experts believe is possible.”

    Willkie’s statement echoed what many in the industry have whispered – or shouted under the cloak of anonymity – for months. Urban Compass, these sources say, is merely an idea – albeit a well-choreographed, Ivy League and McKinsey-branded one. But even with a $360 million valuation, they ask, is it really the future? [more]

    7 Comments
  • Kyle Blackmon leaves BHS for Urban Compass

    November 21, 2014 12:05PM
    From left: Kyle Blackmon, the $88M penthouse at 15 CPW, Hall Willkie and Robert Reffkin

    From left: Kyle Blackmon, the $88M penthouse at 15 CPW, Hall Willkie and Robert Reffkin

    Kyle Blackmon, one of the city’s elite luxury brokers and the holder of the distinction of New York City’s priciest closed sale, has jumped to Urban Compass from Brown Harris Stevens, The Real Deal has learned. [more]

    26 Comments
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