Town Residential to open new office in Midtown’s Crown building

TRD New York /
Apr.April 25, 2011 12:31 PM
Andrew Heiberger, 730 Fifth Avenue and Paula Busch (building credit: PropertyShark)

Town Residential is opening a new, 10,000-square-foot office in the Crown building at 730 Fifth Avenue Near 57th Street, to house its uptown sales and executive offices. The firm will bring 70 new agents and its executives into the office in time for a June 1 opening, the company said. This marks Town’s third office since Andrew Heiberger, formerly the founder of Citi Habitats, launched the firm last year, joining the flagship office at 110 Fifth Avenue and the Town Financial District offices at the corner of Greenwich and Rector streets. Paula Busch, who The Real Deal reported joined Town Residential this month after leaving her senior executive post with the Corcoran Group, will serve as the office’s managing director of sales, the firm announced. Heiberger said he decided on the location because it “is recognized around the world as one of Manhattan’s most famous crossroads,” and believes Busch’s experience in the uptown market will be crucial for Town’s success. The company would not disclose the terms of the lease. TRD


Related Articles

arrow_forward_ios
Compass' Rory Golod and Robert Reffkin at 110 Fifth Avenue with Andrew Heiberger (inset) (Credit: Google Maps)

Town’s old office now “unrecognizable,” Compass says on moving day

Ex-Town exec Luciane Serifovic launches virtual brokerage

Ex-Town exec Luciane Serifovic launches virtual brokerage

Gladstone, Heiberger settle $100M libel suit

Gladstone, Heiberger settle $100M libel suit

Former Town exec Melissa True is now leading agent development and recruitment at Elliman

Former Town exec Melissa True is now leading agent development and recruitment at Elliman

The Real Deal’s E.B. Solomont receives two Front Page Awards

The Real Deal’s E.B. Solomont receives two Front Page Awards

Four months later: These brokerages took in the most Town Residential agents

Four months later: These brokerages took in the most Town Residential agents

Bentley Zhao’s New Empire hits Town with $250M defamation suit

Bentley Zhao’s New Empire hits Town with $250M defamation suit

Partnering up: Brokerage affiliations in SoFla are having a moment

Partnering up: Brokerage affiliations in SoFla are having a moment

arrow_forward_ios