search

The Real Deal Logo

Trending

Rent board’s 4% hike will “plunge” buildings into distress: landlordsRent board’s 4% hike will “plunge” buildings into distress: landlordsH-E-B snags 21 acres in Celina, hinting at development boomH-E-B snags 21 acres in Celina, hinting at development boomLawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421aMacerich faces “imminent” default on $300M Santa Monica Place loanMacerich faces “imminent” default on $300M Santa Monica Place loan
New York

Long Island brokerages face off

The times they are a-changin’ for some of the longest-standing residential firms

From left: Compass' Ed Reale, Saunders & Assoc.'s Andrew Saunders and Realty Connect USA's Fern Karhu
From left: Compass' Ed Reale, Saunders & Assoc.'s Andrew Saunders and Realty Connect USA's Fern Karhu

From the Long Island Market Report: It’s high tide. Long Island’s luxury residential brokerage business is seeing a new wave of competition as more new entrants grab market share by way of new technology and hefty commission splits.

Sign Up for the undefined Newsletter

From the grassy edges of Queens to the pebbly shores of Montauk, upstart firms are flexing their muscles in ways that are increasingly drawing attention — even if not all of that attention is positive. [more]

Tags
Long Island