The Real Deal New York

Posts Tagged ‘Urban Compass’

  • 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]

  • 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]

  • 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]

  • 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]

  • 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]

  • 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]

  • 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]

  • 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]

  • 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]

  • 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

    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]

  • From left: Robert Reffkin, Ori Allon and 19 Union Square West

    From left: Robert Reffkin, Ori Allon and 19 Union Square West

    Tech-centric residential brokerage Urban Compass has outgrown its current space at 155 Avenue of the Americas and is adding 9,000-square-foot digs at 19 Union Square West, The Real Deal has learned. Urban Compass will pay rents starting in the mid-$60s per square foot through May 2018 for the 10th-floor space at 19 Union Square W., according to CompStak data. It is subletting the space from Internet radio provider Pandora Media, which inked a 52,450-square-foot lease at SL Green Realty’s 125 Park Avenue in June, as TRD reported. [more]

  • Takeshi Yamaguchi

    Takeshi Yamaguchi

    Town Residential broker Takeshi “Takk” Yamaguchi is departing the firm to join Manhattan startup Urban Compass as a real estate agent.

    Yamaguchi’s hire is key to Urban Compass’ strategic growth goals, according to a release from the firm. He has exclusively represented over $100 million in real estate assets during his career, and will bring two-dozen exclusive listings with him in the leap from Town. He will also take on management of the sponsor units at the white-glove condominium tower the Corinthian, at 330 East 38th Street in Murray Hill. [more]

  • Reffkin-Allon-Song

    From left: Robert Reffkin, Ori Allon and Sofia Song

    Sofia Song, StreetEasy’s former head of research and communications, is set to take a job at the high-tech startup brokerage Urban Compass. [more]

  • Beyonce and the interior and exterior of 214 Lafayette Street (Credit: StreetEasy)

    Beyoncé and the interior and exterior of 214 Lafayette Street (Credit: StreetEasy)

    Fancy being a part of Beyoncé lore? A 13,000-square-foot Lafayette Street townhouse where the superstar diva filmed the video for her 2009 hit “Halo” is now on the market for $80,000 per month. [more]

  • Gordon Golub, Steve Halpern and

    From left: Gordon Golub, Steve Halpern and Udi Eliasi

    Seven months after the much-hyped Manhattan startup Urban Compass bounded onto the real estate scene, the company has shifted its business model towards a more traditional brokerage concept to allow for experienced sales brokers to join the ranks, The Real Deal has learned. [more]

  • Urban Compass launches sales unit

    October 04, 2013 04:45PM

    Urban Compass founder Ori Allon

    Ori Allon’s young startup, Urban Compass, has found early traction helping New Yorkers rent apartments. Soon, Urban Compass will help them buy apartments too.

    Urban Compass will also be launching Urban Compass Network, a city guide to help people adjust after a move, in the next few months. Urban Compass launched three months ago to solve a big headache for urbanites: finding an apartment. [more]

  • Urban Compass snags $20M in funding

    September 25, 2013 12:47PM

    Ori Allon

    Real estate tech startup Urban Compass said it has raised $20 million since launching in May.

    Its first round of fundraising brings the total in its coffers to $28 million, including initial seed money. Investors include media company Advance Publications — parent company of Condé Nast — and venture capital firms such as New York-based Thrive Capital and San Francisco-based Founders Fund. [more]

  • Gordon Golub and Jason Saft

    Gordon Golub, first to an executive post at a real estate-themed start-up, and Jason Saft

    Jason Saft, a Town Residential broker, has followed his former Citi Habitats colleague Gordon Golub to an executive position at real estate-themed tech startup Urban Compass, he told The Real Deal.

    Saft, perhaps best known for selling a $5.65 million Wooster Street pad to filmmaker Barry Levinson earlier this year, was at Town for four months. [more]