Compass builds up Brooklyn presence with second office

Brokerage signs a 4K sf lease on North 10th Street

TRD New York /
Aug.August 24, 2015 04:59 PM

Compass is expanding its footprint in red-hot Brooklyn, with plans for a second borough office in Williamsburg.

Ori Allon and Robert Reffkin’s real estate brokerage, which was known as Urban Compass until a rebranding effort changed the name earlier this year, signed a lease for 4,000 square feet at 136 North 10th Street.

A spokesperson for Compass said the space is large enough to house about 45 agents.

Adrian Langsner-Smilovici and Rae Brown of Delta Commercial Real Estate represented the landlord, C & L Trading. Cushman and Wakefield’s Ethan Silverstein, Jason Greenstone, and James McCaffrey represented Compass.

The asking rent was $60 per square foot.

Earlier this summer Compass announced plans to open its first outpost at 514 Second Street in Park Slope.

The company has been building a Brooklyn team for more than a year now, including a number of Corcoran agents that prompted the firm to sue the young upstart. That lawsuit was settled Monday.

Just last week Compass opened its first South Florida office in Miami Beach.


Related Articles

arrow_forward_ios
Compass lending service sues Nile Niami over Bel Air mansion

Compass lending service sues Nile Niami over Bel Air mansion

Compass lending service sues Nile Niami over Bel Air mansion
Connecticut sales soar in third quarter, reflecting a shift toward more space and work-from-home. (iStock)

Connecticut sales soar in third quarter

Connecticut sales soar in third quarter
From left: Compass CEO Robert Reffkin, and  Modus' Abbas Guvenilir, Jay Sim and Alex Day (Getty; Modus)

Compass expands into title and escrow with Modus deal

Compass expands into title and escrow with Modus deal
Ed D’Ambrosio (center) with Dottie Herman and Rory Golod (Elliman, Twitter)

O Brother, where art thou? Dottie Herman’s brother leaves for Compass

O Brother, where art thou? Dottie Herman’s brother leaves for Compass
Compass CEO Robert Reffkin and Charles Phillips (Photos via Flickr; Getty)

Compass makes good on diversity pledge, adding Charles Phillips to board

Compass makes good on diversity pledge, adding Charles Phillips to board
Avi Dorfman and Compass' Robert Reffkin and Ori Allon (Getty; iStock)

Cash, no stock: Compass aims to cut down any Avi Dorfman windfall

Cash, no stock: Compass aims to cut down any Avi Dorfman windfall
LA’s market makers: A ranking of top resi agents by on-market deals

LA’s market makers: A ranking of top resi agents by on-market deals

LA’s market makers: A ranking of top resi agents by on-market deals
Survival of the slimmest: TRD looks at the future of the residential brokerage

Survival of the slimmest: TRD looks at the future of the residential brokerage

Survival of the slimmest: TRD looks at the future of the residential brokerage
arrow_forward_ios

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

Loading...