Compass is opening a Staten Island outpost

The office launch is slated for May 8

TRD New York /
May.May 03, 2019 02:30 PM
Compass' Joe Tirone and Staten Island (Credit: Compass and iStock)

Compass’ Joe Tirone and Staten Island (Credit: Compass and iStock)

Compass is set to open a new Staten Island office next week, joining forces with two brokers from the area.

Joe Tirone Jr. and Tim Huang, of Community Home Brokerage LLC, have joined Compass and will launch the Joe Tirone Team on May 8, according to a statement. The revamped office is at 145 Beach Street in Stapleton.

“Compass offers the reach we need to source potential buyers throughout the country and assist our relocating sellers, wherever they plan to go,” Tirone said in the statement.

The move comes after sales in parts of Staten Island have increased. In the fourth quarter of last year, deals of one-to-three family residences in West New Brighton increased 21 percent year over year, according to the Real Estate Board of New York’s residential sales report. The average sales price ticked up 7 percent to $475,000. In Great Kills, sales rose three percent while the average sales price climbed 7 percent to $582,000.

Earlier this year, Compass made a big expansion in New York City, with the acquisition of Stribling & Associates. The deal leaves the venture-backed firm with about 1,800 agents in 11 offices here.

The brokerage previously said it won’t expand to new markets this year and will instead focus on areas where it already has a presence.


Related Articles

arrow_forward_ios
Joe Moinian and 123 Linden Blvd. (Moinian Group)

These were the top outer borough loans in July

These were the top outer borough loans in July
Clipper Equity's David Bistricer (REIT)

David Bistricer’s Clipper Realty reports record Q2 profit

David Bistricer’s Clipper Realty reports record Q2 profit
Vornado CEO Steven Roth and a rendering of the Farley Post Office building (Getty, iStock, SOM)

Vornado will install facial recognition tech in all its buildings

Vornado will install facial recognition tech in all its buildings
200 Water Street and 31 Prospect Park West (Google Maps)

Brooklyn’s luxury deal totals rise for 3rd straight week

Brooklyn’s luxury deal totals rise for 3rd straight week
Metro areas with less affordable housing drive high-income buyers to eye homes in lower-income neighborhoods at disproportionate rates (iStock)

TRD Insights: Gentrification happening fastest in least affordable cities

TRD Insights: Gentrification happening fastest in least affordable cities
Gov. Andrew Cuomo has given the go-ahead to reopen schools for in-person learning statewide (Getty; iStock)

School’s back on. Will the NYC resi market follow suit?

School’s back on. Will the NYC resi market follow suit?
New York’s real estate market is becoming two different stories: Manhattan, where deals are falling — and the suburbs, where demand is spiking. (iStock, Unsplash)

Manhattan is cold, the suburbs and Brooklyn are hot: Here’s what the resi market looked like in July

Manhattan is cold, the suburbs and Brooklyn are hot: Here’s what the resi market looked like in July
Home sale price declines are expected for July, after a recent bump, according to a CoreLogic report. (iStock)

Home sale prices got a bump, but a drop is coming: Report

Home sale prices got a bump, but a drop is coming: Report
arrow_forward_ios

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

Loading...