What the Aptsandlofts.com deal means for Citi Habitats

With purchase of brokerage, the rental giant gets a presence in Brooklyn, albeit a belated one
By E.B. Solomont | November 05, 2015 09:30AM

From the November issue: They flirted for two years before heading to the altar.

That’s how Gary Malin, the president of rental firm Citi Habitats, describes his courtship of David Maundrell, the Brooklyn evangelist who founded the brokerage Aptsandlofts.com more than a decade ago from an industrial stretch of Williamsburg.

Finally last month, the two announced that Citi Habitats would buy the smaller firm. [more]