The Real Deal New York

Urban Compass is now just Compass

Venture-backed brokerage rebrands
February 06, 2015 05:25PM

Urban Compass, the real estate brokerage that has raised more than $70 million, is dropping the “Urban” from its name and will henceforth be known as Compass, according to a report.

The news was confirmed by a source close to the company.

The firm is changing its name to create more of a national presence, according to New York Real Estate Report, a website run by Douglas Elliman agent Brian Meier.

Earlier this month, Compass tapped Gene Martinez, formerly of Corcoran Group, to lead an expansion into Miami. Urban Compass also acquired Washington, D.C.-based Lindsay Reishman Real Estate.

The brokerage is also expanding locally. Top Brooklyn agent Lindsay Barton Barrett, who was the Corcoran Group’s No. 1 individual agent in 2013, recently followed several colleagues to Urban Compass. [NY Real Estate Report]E.B. Solomont