Miami and New York brokerage firms create partnership

L to R: James Hoffman, president of Opulence International Realty, Bruno Ricciotti and Noah Freedman, co-founders BOND New York
L to R: James Hoffman, president of Opulence International Realty, Bruno Ricciotti and Noah Freedman, co-founders BOND New York

Miami-based Opulence International Realty and the real estate firm BOND New York are partnering together to boost their collective reach, the companies announced Tuesday.

By creating a “strategic partnership,” BOND said it will be able to leverage Opulence’s network of Latin American and South Florida clients looking to invest in New York properties, while offering New York investors preconstruction and investment opportunities in South Florida. At the same time, Opulence will have a link to New York experts to help South Florida buyers interested in investing in the Big Apple.

Founded in 2000, BOND New York has seven offices in Manhattan and more than  500 agents. Opulence, founded last year, has 37 agents focused on luxury properties. The firm, headed by James Hoffman, has two divisions: Sports Entertainment and Developer Solutions. Among its listings is Lebron James’ home in Coconut Grove.

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“It is understood that both the South Florida and New York markets operate by and large as one, sharing much of the same clientele,” Noah Freedman, co-founder of BOND New York, said in a statement. “This partnership strengthens both firms’ reach by leveraging our expertise in our respective markets.” — Ina Cordle