The Real Deal New York

Warburg Realty acquires Rubicon Property

January 29, 2014 02:22PM

In its first acquisition of another real estate firm, Warburg Realty purchased Rubicon Property for an undisclosed amount, the companies announced in a release today.

“What attracted us to Rubicon was its forward thinking approach to real estate and strong focus on technology, as well as a thorough knowledge of the Upper West Side market,” Warburg president Frederick Peters said in the release.

Rubicon’s Jason Haber, who co-founded the firm in 2010, said that he looked forward to “bringing our core values of philanthropy and social entrepreneurship to Warburg.”

As part of the deal, Warburg, which has 125 agents throughout Manhattan, will also acquire Rubicon’s storefront at 451 Columbus Avenue. — Hiten Samtani

  • Amazing! Wonder how that will work..

  • Ralph

    Wonder what it was worth… did they make any transactions?

  • Uwsider

    That space on the UWS fits 6 people max.

    • Charlotte Friedman

      Uwsider — And some of his agents work from home, they don’t all come into the office the same day. But Jason is very bright, and ethical.
      Something tells me you are not happy with yourself.

  • Peter Jackie Goss

    Vector Group Inc. (VGR) buying brokerages such as Douglas Elliman.

    • Charlotte Friedman

      Not so sure Douglas Elliman is selling maybe VGR is dreaming….
      but FYI Jason Heber left D.E. and yes they are a great company.