Town Residential | The Real Deal New York

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Town Residential

33 Irving Place
New York, NY 10003
(212) 398-9800
Website
Town-REsidential
Town Residential
Town Residential is a real estate brokerage firm founded in 2010 by Andrew Heiberger, chief executive and co-chairman. As indicated in its name, it specializes in residential real estate. Joseph Sitt’'s Thor Equities, the real estate development firm and landlord, is an equity partner in Town, and Sitt is its co-chairman. Heiberger is also the founder of Citi Habitats, a brokerage that initially focused on rentals, which he sold to NRT. Crain'’s named Town Residential as one of the Top 50 Best Places to Work in New York City. In 2013, the firm absorbed boutique brokerage Thomas & Ingram, which focuses on sales in the West Village, into its Meatpacking District branch office.
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maitland-pic-final
08/23/16
...of the month whether to enforce Wendy Maitland's noncompete with Town Residential, which would effectively block her from continuing much of her...

a865eeba5133a9c3d06bc00ff16c5d824cd0a63c+440++1
08/22/16
UPDATD: Aug. 23, 4:49 p.m.: Laura Englander Levin, daughter of billionaire hedge fund manager Israel Englander, has found a buyer for her tony Park Avenue...

roundup-feature
08/22/16
(Paydirt is a new weekly column that riffs on the biggest NYC real estate news of the moment, providing analysis and historical context on the...

andrewwendyjoe-1
08/18/16
...Hall Willkie The bare-knuckle brawl over Wendy Maitland's exit from Town Residential just got really bloody. (more&hellip...

devito-oge
08/17/16
Three months after the departure of marketing chief Nicole Oge, Douglas Elliman appears to be retooling the division she led for two years. Tags: Alexander...

Untitled-1
08/17/16
...Andrew Heiberger and Joe Sitt Thor Equities has hired away Town Residential...

feature-town
08/15/16
...of a lawsuit filed by a former top agent against Town Residential. Joseph Matalon, a longtime attorney for Thor, asked a Manhattan...

TRD-Golf-Outing
08/10/16
The Real Deal's annual golf outing “Golf and dating don't mix,” Larry David once said. But golf and real estate? That’s another matter altogether. Some of...

Untitled-1
08/05/16
...Garay Itzy Garay is the latest top gun to leave Town Residential. Garay, the company's executive vice president of sales and leasing...

Untitled-2
08/01/16
(Paydirt is a new weekly column that riffs on the biggest NYC real estate news of the moment, providing analysis and historical context on the...

the_emperors_new_clothes_3-fbox1
08/01/16
Editor’s note: This article was first published on Jan. 5, 2016. TRD Special Report: When the heiress Bunny Mellon died in 2014 at age 103, Sotheby’s...

07/29/16
...rental market “deteriorating”: Equity Residential 2. Heiberger buys Sitt out of Town Residential stake 3. MSD Capital pays $63M for stake in Grand Central...

Ginger
07/28/16
...Willkie and Ginger Brokaw Ginger Brokaw, a top agent at Town Residential who held many of the brokerage's priciest listings, is moving...

Heiberger-Sitt
07/27/16
...Sitt A battle that threatened several times to tear apart Town Residential has finally reached a conclusion. (more&hellip...

Untitled-1
07/26/16
Keith Olbermann was serious about wanting to rid himself of his Trump Palace pad. The sports and politics commentator sold the three-bedroom condominium for $3.8...

Untitled-1
07/25/16
...Karadus, Andrew Heiberger and Joseph Sitt Jason Karadus, one of Town Residential...

CompassFeature
07/21/16
...locally and nationwide is five to seven times EBITDA,” said Town Residential founder Andrew Heiberger, who sold his previous firm Citi Habitats...

charlie lewis fb
07/20/16
Charlie Lewis, Warburg’s No. 2 agent, has jumped to the Corcoran Group after nearly nine years at the company. The move is a homecoming of...

Untitled-6
07/14/16
It appears that Joseph Sitt couldn’t wriggle his way out of a deal to buy an apartment at 432 Park Avenue. Tags: 432 Park, 432...

Untitled-2
07/06/16
Joseph Sitt’s Thor Equities secured $45 million in financing from Deutsche Bank for its recent purchase of a pair of East Harlem commercial buildings. Deutsche...

Joe Sitt and Andrew H
07/05/16
...From left: Joe Sitt and Andrew Heiberger Town Residential founder Andrew Heiberger says partner Joseph Sitt has lobbed a...

vacancy-feature
06/24/16
From the June issue: In a potentially troubling new reality for landlords, the vacancy rate at Manhattan rental apartments has been trending up. According to...

Untitled-1
06/23/16
Douglas Elliman’s Jacky Teplitzky and her wealthy client couple were seated in the sales office at 220 Central Park South when an unexpected visitor showed...

Untitled-2
06/22/16
...left: Andrew Heiberger and Joe Sitt (illustration by Lexi Pilgrim) Town Residential founder and CEO Andrew Heiberger intends to buy co-owner Joseph...

Untitled-18
06/22/16
...get out of the noncompete clause in her contract with Town Residential by accusing the firm of cooking the books. (more&hellip...
To see all, go to Advanced Search
TOWN Residential, Real Estate Salesperson
337 West Broadway, New York, NY, (212) 924-4200
...
TOWN Residential, Real Estate Salesperson
337 West Broadway, New York, NY, (212) 924-4200
...
TOWN Residential, Associate Broker
337 West Broadway, New York, NY, (212) 924-4200
...
TOWN Residential, Real Estate Salesperson
337 West Broadway, New York, NY, (212) 924-4200
...
TOWN Residential, Real Estate Salesperson
337 West Broadway, New York, NY, (212) 924-4200
...
TOWN Residential, Real Estate Salesperson
33 Irving Place, New York, NY, (212) 557-6500
...
TOWN Residential, Real Estate Salesperson
33 Irving Place, New York, NY, (212) 557-6500
...
TOWN Residential, Real Estate Salesperson
33 Irving Place, New York, NY, (212) 557-6500
...
TOWN Residential, Real Estate Salesperson
33 Irving Place, New York, NY, (212) 557-6500
...
TOWN Residential, Real Estate Salesperson
33 Irving Place, New York, NY, (212) 557-6500
...
TOWN Residential, Real Estate Salesperson
33 Irving Place, New York, NY, (212) 557-6500
...
TOWN Residential, Associate Broker
33 Irving Place, New York, NY, (212) 557-6500
...
TOWN Residential, Real Estate Salesperson
88 Greenwich Street, New York, NY, (212) 269-8888
...
TOWN Residential, Real Estate Salesperson
88 Greenwich Street, New York, NY, (212) 269-8888
...
TOWN Residential, Real Estate Salesperson
88 Greenwich Street, New York, NY, (212) 269-8888
...
TOWN Residential, Real Estate Salesperson
88 Greenwich Street, New York, NY, (212) 269-8888
...
TOWN Residential, Real Estate Salesperson
88 Greenwich Street, New York, NY, (212) 269-8888
...
TOWN Residential, Associate Broker
33 Irving Place, New York, NY, (212) 557-6500
...
TOWN Residential, Real Estate Salesperson
33 Irving Place, New York, NY, (212) 557-6500
...
TOWN Residential, Real Estate Salesperson
33 Irving Place, New York, NY, (212) 557-6500
...
TOWN Residential, Real Estate Salesperson
33 Irving Place, New York, NY, (212) 557-6500
...
TOWN Residential, Real Estate Salesperson
33 Irving Place, New York, NY, (212) 557-6500
...
TOWN Residential, Real Estate Salesperson
33 Irving Place, New York, NY, (212) 557-6500
...
TOWN Residential, Real Estate Salesperson
33 Irving Place, New York, NY, (212) 557-6500
...
TOWN Residential, Real Estate Salesperson
33 Irving Place, New York, NY, (212) 557-6500
...
To see all, go to Advanced Search
  • Event Sales
  • Address 78 Prospect Park West
  • Neighborhood Park Slope
  • Borough Brooklyn
  • Square feet 41,000
  • Price $ 28,000,000
notes
The residential elevator building with seven stories, 41 units, sold for $28 million.
  • Event Retail Leasing
  • Address 446 West 14th Street
  • Neighborhood West Village
  • Borough Manhattan
  • Square feet 4,400
notes
The filmmaker and artist signed a lease for his gallery.
  • Event Sales
  • Address 734 Broadway
  • Neighborhood Noho
  • Borough Manhattan
  • Square feet 12,500
  • Price $ 17,000,000
notes
The property sold for $17 million. Additional information: 5 stories, 12,500 sf
  • Event Retail leasing
  • Address 251 West 81st Street
  • Neighborhood Upper West Side
  • Borough Manhattan
  • Square feet 800
  • Publication Date 06/01/2015
  • Event Date 04/22/2015
  • Party 1 Brokerage Sinvin Real Estate
  • Party 1 Broker Steve Rappaport, Jeff Bak
  • Party 2 Harmony by Karate
  • Party 2 Brokerage Town Residential
  • Party 2 Broker Tom Brady, Salvator Falcone
notes
The karate studio signed a lease.
  • Event Sales
  • Address 412 Greenwich Street
  • Neighborhood Tribeca
  • Borough Manhattan
  • Square feet 3,890
  • Price $ 9,400,000
notes
The retail condominium unit sold for $9.4 million.
  • Event Retail Leasing
  • Address 132 Perry Street
  • Neighborhood West Village
  • Borough Manhattan
  • Square feet 3,700
  • Price per foot $ 125.00
  • Publication Date 03/31/2015
  • Event Date 02/19/2015
  • Party 1 132 Perry Retail LLC
  • Party 1 Brokerage in-house
  • Party 2 277 West 10th Owner LP
  • Party 2 Brokerage Town Residential
  • Party 2 Broker Tom Brady, Sal Falcone
notes
The tenant signed a lease.
  • Event Office Leasing
  • Address 529 Fifth Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 12,455
notes
The jewelry manufacturer signed a 15-year lease for the full 15th-floor space.
  • Event Retail Leasing
  • Address 176 Macdougal Street
  • Neighborhood Greenwich Village
  • Borough Manhattan
  • Square feet 625
notes
The event management company leased retail space.
  • Event Retail Leasing
  • Address 142 West 23rd Street
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 2,100
notes
The developer signed a lease for showroom space for a new condo building.
  • Event Office Leasing
  • Address 120 Wooster Street
  • Neighborhood Soho
  • Borough Manhattan
  • Square feet 5,000
  • Price per foot $ 75.00
notes
The production studio signed a six-month lease.
  • Event Retail Leasing
  • Address 163 West 10th Street
  • Neighborhood West Village
  • Borough Manhattan
  • Square feet 1,000
notes
The jazz lounge signed a 10-year lease.
  • Event Retail Leasing
  • Address 135 Seventh Avenue South
  • Neighborhood West Village
  • Borough Manhattan
  • Square feet 1,100
notes
The restaurant signed a 10-year lease.
  • Event Retail Leasing
  • Address 345 East 9th Street
  • Neighborhood East Village
  • Borough Manhattan
  • Square feet 510
notes
The real estate company leased retail space for five years.
  • Event Retail Leasing
  • Address 924 Columbus Avenue
  • Neighborhood Upper West Side
  • Borough Manhattan
  • Square feet 570
notes
The pizza parlor signed a 13-year lease.
  • Event Office Leasing
  • Address 110 Fifth Avenue
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 17,000
notes
The real estate brokerage firm signed a lease renewal on the sixth floor, the New York Observer reported.
  • Event Retail Leasing
  • Address 167 Seventh Avenue South
  • Neighborhood West Village
  • Borough Manhattan
  • Square feet 550
notes
The café signed a seven-year lease.
  • Event Sales
  • Address 70 Hester Street
  • Neighborhood Chinatown
  • Borough Manhattan
  • Price $ 3,690,000
notes
The property sold for $3.69 million.
  • Event Sales
  • Address 186 Hester Street
  • Neighborhood Chinatown
  • Borough Manhattan
  • Price $ 9,750,000
notes
The adjoining properties sold for $9.75 million. Includes 123-125 Mulberry Street.
  • Event Sales
  • Address 133 Mulberry Street
  • Neighborhood Little Italy
  • Borough Manhattan
  • Square feet 41,900
  • Price $ 22,250,000
notes
The property sold for $22.25 million. The price represents a capitalization rate of 5 and a gross rent multiple of 13.5.
  • Event Office Leasing
  • Address 139 Fulton Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 1,000
  • Publication Date 12/01/2011
  • Event Date 10/22/2011
  • Party 1 United New York Property Owners
  • Party 1 Brokerage In-house
  • Party 2 Career Choices Academy
  • Party 2 Brokerage Town Residential
  • Party 2 Broker Steve Landfield
notes
The adult training school signed a five-year lease on the sixth floor.

vacancy-feature
06/24/16
From the June issue: In a potentially troubling new reality for landlords, the vacancy rate at Manhattan rental apartments has been trending up. According to...

feature-image-5-years-rank
02/29/16
Did you know that Douglas Elliman has registered the most sales listings of any Manhattan brokerage every year for the last three years? Or that...

01/05/16
TRD Special Report: When the heiress Bunny Mellon died in 2014 at age 103, Sotheby’s sold her art collection – with pieces from Georges Braque and...

tech-feature
Anyone who has banked online, shopped on Amazon or shared digital photos recently can understand why real estate firms are clamoring for new technology. It’s...

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Winning exclusive sales agreements for stratospherically priced apartments is a blood sport in New York. But while it may not get the same level of...

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It’s increasingly difficult to say anything about the Brooklyn real estate market without getting very trite, very fast. Industry players still use terms like ...

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09/09/15
“No player is bigger than the club,” the soccer adage goes, but what about in brokerage? Consider Ryan Serhant. The “Million Dollar Listing New York”...

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Last year’s residential market got most of its buzz from developers racing to build luxury condos, but it was eye-popping co-op sales that shattered records...

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For New York City’s biggest real estate brokerages, competing for residential listings is something of a blood sport. And it’s only grown fiercer in the...

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While the Corcoran Group — Manhattan’s second-largest residential brokerage — may have seen its listing count drop in the last year, it led the borough...

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Every year, The Real Deal publishes its much-anticipated ranking of the largest (and most prolific) residential real estate firms in New York City. But how...

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Town Residential founder Andrew Heiberger (left) and Core founder Shaun Osher (right) Manhattan’s residential brokerage heavyweights are seeing the benefits of a recovering market, it seems....

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Financial news has been bleak as of late, with the credit crisis and the collapse of Bear Stearns rocking the real estate world. Yet while...

TOWN Residential
Rental prices in Manhattan rose across most apartment sizes in May. The average price for studios, one-bedroom and three-bedroom apartments was up 4.5 percent, 3.7 percent and 3.4 percent...
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