Town & Country beefs up Montauk presence with local brokerage acquisition

TRD New York /
Dec.December 12, 2011 05:51 PM

Town & Country has acquired local Montauk brokerage Kathleen Beckmann Real Estate for an undisclosed amount, Town & Country announced today. Kathleen Beckmann Real Estate owner Kathleen Beckmann will join Town & County brokerage as of tomorrow, bringing with her three other brokers from her firm.

“Beckmann had a large portion of the market share of Montauk, even with a small amount of people,” Town & Country CEO Judi Desiderio said of her decision to acquire the company. Town & Country has eight Hamptons offices in total, including in North Sea Harbor, Bridgehampton and East Hampton.

“I’ve known Kathleen for the whole time she’s been in the business,” she said. “When it came time, two or three years ago, for us to open in Montauk, I asked her [if she’d like to join us.] She wasn’t ready then, but as the years went by, she thought it would be good to spend more time with the family and important for her and her associates to work with a firm that could put its money behind the listings.”

Beckmann has been involved in Montauk real estate for 17 years, Town & Country said in a release. Her namesake company has been operating out of her personal home on the Northeast corner of Montauk Highway and Essex Street, but will now join Town & Country’s Montauk office at 764 Montauk Highway.

“She’s excited to get back to listing and selling,” said Desiderio, who declined to disclose the acquisition price. Beckmann will be heavily involved in day-to-day deal-making, something that she was missing in running her own company, she added.

Beckmann was not immediately available for comment. 

Related Articles


Hamptons Cheat Sheet: Zillow incurs wrath of East End brokerages… & more

Hamptons brokers lash out at Zillow over bugs in new listing system

Hamptons Cheat Sheet: Chris Cuomo lists Southampton home in East End buyer’s market, Gurney’s to open second Montauk locale in May… & more

Hamptons Cheat Sheet: Dick Cavett’s Montauk estate seeks $34M after price cut, Riverhead building height restrictions opposed … & more

Hamptons Cheat Sheet: Elliman broker lists own Southampton home for $13.99M, East Hampton inks $900K affordable housing deal … & more

Hamptons Cheat Sheet: Ralph Lauren buys another $20M Montauk mansion, Wainscott estate lists for $25M … & more

Hamptons Cheat Sheet: Montauk oceanfront property’s list price slashed to $39.5M … & more

Hamptons Cheat Sheet: 10-acre spread on Sagaponack Pond lists for $35M … & more