Bellmarc sheds corporate HQ
January 06, 2009 05:00PM By Candace Taylor
352 Park Avenue South
Hoping to cut costs in the recession, Bellmarc Realty has closed its corporate headquarters at 352 Park Avenue South, between 25th and 26th streets, according to Neil Binder, the company's co-founder.
Binder and other corporate personnel have moved from the Park Avenue South office into a branch office at 936 Broadway at 22nd Street, Binder said. The lease on the Park Avenue South space was up, he said, and the company decided to give it up in order to save money on overhead costs. There was extra space at the company's Broadway office, he said.
In the current climate, "it's prudent to think about what you can do to preserve your financial integrity," Binder said.
The offices of Bellmarc Property Management, the building management branch of the business, also moved from Park Avenue South to Broadway, said Jo-Anne Sinnott, the company's director of corporate communications.
In addition to the Broadway office, the company's four other offices are located on the East and West sides, Midtown and Downtown. All are still open, Sinnott said.
While times have been tough, Binder said he's optimistic about the future.
Since the New Year, the company is "seeing a significant improvement in the level of buyer activity," he said. "We're very hopeful."
Bellmarc, founded by Binder and Marc Broxmeyer in 1979, has roughly 200 agents, Sinnott, the communications person, said.
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Comments
Anonymous
Since the New Year, the company is "seeing a significant improvement in the level of buyer activity," he said. "We're very hopeful." YEAH Right, Lets keep a positve outlook.
Comment #1 Posted By: Anonymous 01/06/09
Anonymous
yeah lets keep the smoke in the mirrors for sure. Positive by any means necessary
Comment #2 Posted By: Anonymous 01/06/09
Anonymous
"Since the new year", ha! As Jan. 1st was a holiday, that makes all of 5 whole days in 2009 that they're seeing a "significiant improvement". I'd say they're just seeing things, period.
Comment #3 Posted By: Anonymous 01/06/09
Anonymous
Increased buyer activity . That is nonsence - most people barely settled and some are not even back yet. Typical
Comment #4 Posted By: Anonymous 01/06/09
Anonymous
Well I guess thats what happens when you only hire college grads for agents! That was a pre req for you to be an agent. They suck anyway.
Comment #5 Posted By: Anonymous 01/06/09
Anonymous
If you are not getting more buyers than I guess that says something about you...good luck!
Comment #6 Posted By: Anonymous 01/07/09
Anonymous
comment #1 Is def from an ass kisser employee, that is afraid of being out of work like the rest of the company. Hint, Hint, they closed the Corporate office where did they fit all of their employees?????
Comment #7 Posted By: Anonymous 01/13/09
Anonymous
I just read this and you all are a bunch of haters. I am not a Bellmarc employee but I hope they survive just like I hope we all survive this economic down turn. How are YOUR personal finances that you have such venom to spread and nothing encouraging to say? Bitter much?
Comment #8 Posted By: Anonymous 01/29/09
Christopher
like waves coming in, the market still fluctuates as it always has. times are tough now but there will be glimmers of hope and recovery just like every other time that the market was bad. People; this is an endless cylcle...buyers market, sellers market...low rent, high rent. The only exponent is how many people are out of work, that is the most disturbing trend on the radar. BUY or RENT something OK!!
Comment #9 Posted By: Christopher 10/09/09