Corcoran lands city’s priciest rental — and its listing agent

Andres Perea-Garzon left Compass after a year

New York /
Feb.February 27, 2017 03:20 PM

Andres Perea-Garzon — who holds the distinction of brokering the city’s priciest rental deal at $500,000 a month — jumped to the Corcoran Group after a year at Compass.

Perea-Garzon rented out a suite on the 39th floor of the Pierre for half-a-million dollars back in 2014. The full-floor, 4,800-square-foot pad was re-listed for the same price in March 2016. Perea-Garzon brought the listing, plus five others at the hotel, to Corcoran. His other rental listings at the Pierre are asking $125,000; $85,000; $75,000; $50,000; and $37,000 per month.

Perea-Garzon declined to comment on the move, but Corcoran TRData LogoTINY and Compass are fierce rivals when it comes to hiring top agents. After losing several key people to the venture-backed startup in 2015, Corcoran recently upped its recruiting effort. Last week, Richard Smith, who is the CEO of Realogy Holdings — Corcoran’s corporate parent — pledged the company would become a “recruiting machine.”

Perea-Garzon, who was an agent at Town Residential for four years before defecting to Compass, landed the Pierre listings while at Town. He brokered the record-breaking rental deal with former colleague Therese Bateman, now an agent at Brown Harris Stevens. After posting a picture of the iconic hotel on Instagram, Taj Hotels, which manages the hotel’s residences and suites, commented on the post and encouraged him to reach out to one of their managers. Perea-Garzon now manages a portfolio of 15 units at the Pierre.

The $500,000-a-month suite is the priciest rental on the market, according to StreetEasy. A penthouse at 28 East 63rd Street is asking $300,000 and a penthouse at 988 Fifth Avenue is asking $100,000. Kushner Companies quietly marketed several unsold Puck penthouses as rentals, asking as much as $150,000.


Related Articles

arrow_forward_ios
In the pandemic-stricken residential market, real estate agents are working with influencers to help expand their audiences (iStock; Instagram/huntervought; Instagram/homesteadbrooklyn)

Real estate agents turn to influencers to help sell a lifestyle — and apartments

Real estate agents turn to influencers to help sell a lifestyle — and apartments
“It took off like crazy”: How brokers use TikTok to rent apartments

“It took off like crazy”: How brokers use TikTok to rent apartments

“It took off like crazy”: How brokers use TikTok to rent apartments
532 West 22nd Street and Kate Winslet (Google Maps; Getty)

Kate Winslet letting go of Chelsea penthouse

Kate Winslet letting go of Chelsea penthouse
Gov. Andrew Cuomo (Getty, iStock)

Cuomo to ease requirements for rent relief

Cuomo to ease requirements for rent relief
A federal judge has rejected a lawsuit from a group of New York landlords that sought to challenge pandemic protections for tenants. (iStock)

Landlords lose challenge against pandemic renter protections

Landlords lose challenge against pandemic renter protections
Yue-Sai Kan and 6 Sutton Square (Getty; Google Maps)

Sutton Square townhouse listed by “China’s Oprah” for $28M

Sutton Square townhouse listed by “China’s Oprah” for $28M
President Donald Trump (Getty)

Realtor groups sue to block federal eviction ban

Realtor groups sue to block federal eviction ban
(iStock)

Mortgage applications skyrocket in holiday week

Mortgage applications skyrocket in holiday week
arrow_forward_ios

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

Loading...