RE/MAX expands in upstate N.Y.

TRD New York /
Sep.September 07, 2011 04:11 PM

Residential brokerage RE/MAX is expanding to about 40 new counties in upstate New York by partnering with established agents, Real Estate Weekly reported. In counties such as Rome, N.Y., the firm has small offices that control more than half of the real estate market, according to Henry Weber, president and regional director of RE/MAX of New York, and is looking for similar arrangements elsewhere in the state.

“We only recruit people who have been in the business for a while,” Weber said, noting the agents are attracted to RE/MAX’s name recognition and national marketing campaigns.

Though the firm has recently opened two new New York City offices in Astoria and Brooklyn, it’s reluctant to re-enter the Manhattan market after its Harlem and Battery Park City offices closed. Weber said the firm is awaiting experienced partners like the ones it has found upstate. However, RE/MAX Metro CEO Sal Calabrese told The Real Deal in May that the firm had signed a lease for an office in Manhattan. [REW]


Related Articles

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)

Hudson Yards megadevelopment inspires a new line of sex toys

Hudson Yards megadevelopment inspires a new line of sex toys
Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Wendy Silverstein (Credit: Getty Images)

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
The Old Post Office (Google Maps)

Here’s what tenants pay at 601W Cos.’ Old Post Office in Chicago

Here’s what tenants pay at 601W Cos.’ Old Post Office in Chicago
2055 Anthony Avenue and 1416 Ferris Place (Google Maps)

Ved Parkash picks up Fordham Heights apartment building

Ved Parkash picks up Fordham Heights apartment building
125 Greenwich Street (Photos by Sylvia Varnham O'Regan)

For struggling condos, the pandemic proves the ultimate test

For struggling condos, the pandemic proves the ultimate test
Apartment REITs that own Class B and C properties and those in gateway cities will see net income fall through 2021 (iStock)

Urban flight, job losses will hurt apartment REITs: Report

Urban flight, job losses will hurt apartment REITs: Report
100 East 53rd Street,  China Vanke chairman Yu Liang and RFR's Aby Rosen (Photos via Structure Tone and Getty)

Aby Rosen accuses Chinese partner of “power grab” after condo loan default

Aby Rosen accuses Chinese partner of “power grab” after condo loan default
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...