Halstead breaks into Forest Hills with purchase of Madeleine Realty

This will be the resi brokerage’s second office in Queens, after LIC

TRD NEW YORK /
Aug.August 01, 2017 10:45 AM

Diane Ramirez, Jacques Ambron and homes in Forest Hills

Halstead Property is continuing its push into Queens by purchasing Forest Hills-based brokerage Madeleine Realty.

Madeleine currently has 15 agents, according to state records, and was founded in 1986 by Madeleine Ambron. Her son Jacques Ambron runs the company and will become executive director of sales for Halstead Forest Hills.

He said in a statement that “the choice to join Halstead was clear,” noting that the company has several resources and a similar philosophy to his own.

Madeleine’s current listings include a single-family home at 60 Exeter Street asking $4 million and a single-family home at 74 Ascan Avenue asking $2.4 million, according to its website.

The Forest Hills location at 108-23 Ascan Avenue will be Halstead’s second office in Queens. The company opened its first office in the borough in 2015 at 47-12 Vernon Boulevard in Long Island City in 2015.

Although Forest Hills is significantly farther inland than the Queens waterfront, where new megaprojects seem to crop up every day, the neighborhood has seen its fair share of development as well. It is home to a 17-story luxury condominium building known as the Aston, and Slate Property Group recently told The Real Deal that they plan to build an 11-story, 170-unit rental building in the neighborhood at 69-65 Yellowstone Boulevard.


Related Articles

arrow_forward_ios
From left: 55 East 74th Street, 9 East 82nd Street, 1 Central Park South, 78 Irving Place with Adam Neumann and 111 West 57th Street (Credit: StreetEasy, Wikipedia, Getty Images)

Adam Neumann’s triplex, Russians’ Plaza pad were priciest homes listed last week

3 East 69th Street and 252 East 57th Street 

With asking prices in freefall, luxury market sees strong week

Keller Williams CEO Gary Keller

Keller Williams will cut off agents who leave

Wall Street bonus season is the stuff home sellers’ dreams, as they picture eager buyers armed with hefty bonus checks and willing to pay top price. But in a buyer’s market that vision may be more like a mirage (Credit: iStock)

Here’s what Wall Street bonus season means for real estate this year

Adam Neumann and 78 Irving Place (Credit: Getty Images and StreetEasy)

Adam Neumann is asking $37M for Gramercy Park triplex

(Credit: iStock)

Residential rents continue upward march in Manhattan, Brooklyn and Queens

Redfin's Glenn Kelman (Credit: iStock)

“It’s on like Donkey Kong”: Redfin scrambling to keep up with iBuyer demand

Don Lemon and Tim Malone with their apartment at 2280 Frederick Douglass Boulevard 

CNN’s Don Lemon lists Harlem condo with fiancé broker Tim Malone

arrow_forward_ios
Loading...