Engel & Völkers is breaking into Brooklyn

Brokerage opens locations in Dumbo, Prospect Heights and Cobble Hill

TRD New York /
May.May 23, 2019 02:30 PM
Donald Brennan and Brooklyn

Donald Brennan and Brooklyn

Engel & Völkers will be the newest entrant into Brooklyn’s residential market.

The firm announced on Thursday that it has opened three new locations in the borough in Dumbo, Prospect Heights and Cobble Hill led by broker Donald Brennan. Brennan’s eponymous brokerage, Brennan Real Estate, will now do business as Engel & Völkers Brownstone Brooklyn.

The Brooklyn team will work with both buyers and sellers in the borough.

“Now more than ever in this shifting market, it is vital that our sellers are able to expose their assets to the largest possible pool of potential buyers,” Brennan said in a statement, explaining his decision to franchise with Engel & Völkers.

Engel & Völkers, a Germany-based firm run by president and CEO Anthony Hitt, has continued to open new offices even as many other residential brokerages close their storefronts. It inked a lease in October for 1,300 square feet at 430 Park Avenue in Midtown for a “shop and lounge” space that will incorporate its yacht and aircraft leasing operation with its real estate sales operation.

The firm employs more than 11,000 real estate advisors across more than 30 countries overall.


Related Articles

arrow_forward_ios
(Images courtesy of Victor Group)

The Getty condo chops prices up to 53%

The Getty condo chops prices up to 53%
From left: City Council members Carlos Menchaca, Ritchie Torres and Donovan Richards with Industry City (Getty, iStock)

Council members call for override on Industry City rejection

Council members call for override on Industry City rejection
442 Union Street and 257 Berry Street (Google Maps)

Brooklyn’s luxury market reaches new pandemic high

Brooklyn’s luxury market reaches new pandemic high
Marwan Kheireddine (inset), Jennifer Lawrence and 400 East 67th Street (Getty, Compass, BDL Accelerate)

Jennifer Lawrence’s Upper East Side PH sold at 37% loss

Jennifer Lawrence’s Upper East Side PH sold at 37% loss
Senate Minority Leader Chuck Schumer and Senate Majority Leader Mitch McConnell (Schumer by Tasos Katopodis/Getty Images; McConnell by Ting Shen/Xinhua via Getty)

Schumer v. McConnell on SALT: Who’s gonna give?

Schumer v. McConnell on SALT: Who’s gonna give?
111 Leroy Street and 817 Fifth Avenue (StreetEasy, Google Maps)

Luxury deals plummet in Manhattan — again

Luxury deals plummet in Manhattan — again
From left: Jared Kushner, 715 Park Avenue, Deutsche Bank CEO Christian Sewing, and Rosemary Vrablic (Credits: Kushner by BRENDAN SMIALOWSKI/AFP via Getty Images; 715 Park via Google Maps; Sewing by by Thomas Lohnes/Getty Images; Vrablic by PAUL LAURIE/Patrick McMullan via Getty Images)

Apartment sale to banker for Trump and Kushner probed

Apartment sale to banker for Trump and Kushner probed
Renderings of 17 Jane Street and Edward J. Minskoff (Renderings via Kristen Krajewski; Minksoff by Patrick McMullan/Patrick McMullan via Getty Images)

Minskoff sells first condo in West Village project for $22M

Minskoff sells first condo in West Village project for $22M
arrow_forward_ios

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

Loading...