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Citi Habitats

387 Park Avenue South, 4th Floor
New York, NY 10016
(212) 685-7777
Website
info@citihabitats.com
Citi Habitats

Citi Habitats is a residential real estate brokerage firm in New York City that specializes in the rental market. Andrew Heiberger founded the firm in 1994 and sold it in 2004 to NRT, a much larger rival, for $49.6 million. The brokerage is now a division of the large public company Realogy. The firm's brokers match landlords and renters at all price points in the market, and the company publishes reports about this real estate market niche.


Valuation challenges: Sometimes company valuations don’t just raise eyebrows — they prompt lawsuits
12/18/18
...as Realogy, parent company to the Corcoran Group, Citi Habitats, Sotheby’s International Realty and a number of other brokerages. The hospitality division was...

Manhattan rental concessions keep growing — especially in new dev
12/13/18
...quite match the demand.” In a separate report, Citi Habitats noted that the vacancy rate, which was 1.55 percent in November, increased for the third...

Brooklyn’s rental pricing shift, the tri-state’s Opportunity Zone gold mine and more of the biggest trends in resi right now
12/11/18
...have yet to go through a transformation,” said Citi Habitats president Gary Malin. “Once you give them the right capital to do so, the...

With more condos rolling down the pipeline, LIC resi brokerages jostle for business
12/03/18
...Including projects that have yet to be filed, Citi Habitats has estimated that 10,000 rental units will be added to the area by 2022. The level...

Residential market report
...have yet to go through a transformation,” said Citi Habitats president Gary Malin. “Once you give them the right capital to do so, the...

Valuation challenges
...as Realogy, parent company to the Corcoran Group, Citi Habitats, Sotheby’s International Realty and a number of other brokerages. The hospitality division was...

Sizing up real estate’s
big earners
...Realogy — parent to the residential brokerages Corcoran Group, Citi Habitats and Sotheby’s International Realty — has been dealing with a slowdown in the luxury...

Analysis: These resi brokerages are primed to cash in on Amazon’s LIC move
11/27/18
...active rental brokerage in Long Island City is Citi Habitats, which had 72 rental units listed as of last Friday, followed by Rockrose Development's in-house...

As margins shrink, bigger resi firms are getting more aggressive in trying to scoop up niche NYC brokerages
11/26/18
...wholesale provides overnight market share. The rental giant Citi Habitats pulled off such a move back in 2015 when it acquired David Maundrell’s Brooklyn-based...

Inside the battle for StreetEasy’s soul
11/22/18
...Agent. Still, several firms — including the Corcoran Group, Citi Habitats and Town Residential — are fighting back with their pocketbooks, refusing to reimburse brokers who...

Bypassing the rental broker: Will agents get cut out as startups nip at market share?
11/21/18
...rental fee was swift — the Corcoran Group and Citi Habitats said they would stop sending their feeds to StreetEasy —  many firms have covered the...

Former Town exec Melissa True is now leading agent development and recruitment at Elliman
11/12/18
...s NRT division, which includes the Corcoran Group, Citi Habitats and Sotheby's International Realty, reported a $40 million increase in commission expense, largely due to...

The agent that luxury rental landlords cannot live without
11/02/18
...Manhattan market in 2018 – up from 4,270 in 2017 – according to Citi Habitats, the trend is likely to continue. Leasing a massive rental tower like the 844-unit...

Amid “volatile” housing market, Realogy’s revenue stagnates
11/02/18
...NRT, the division that includes the Corcoran Group, Citi Habitats and Sotheby’s International Realty. Having sworn off acquisitions, Realogy is banking on the...

Residential target practice
...wholesale provides overnight market share. The rental giant Citi Habitats pulled off such a move back in 2015 when it acquired David Maundrell’s Brooklyn-based...

The condo discount dance
...JDS Development Group’s American Copper Buildings after Citi Habitats resigned. Meanwhile, Douglas Elliman is now marketing JDS’s 111 West 57th Street after the...

Residential market report
...a year ago, according to a report from Citi Habitats. “The market is so sensitive right now that any modifications can have an impact...

Realogy plans to franchise Corcoran brand across globe
10/24/18
...agents and 33 offices. The Corcoran umbrella also includes Citi Habitats, which mostly focuses on rentals, and Corcoran Sunshine, a new development powerhouse that’s...

Gentrification City: Investors are turning to other corners of NYC to chase returns
10/16/18
...mostly for anywhere under the million-dollar range,” noted Citi Habitats broker Kendall Vidal, who said he has 20 interested parties for one property he’s...

Citi Habitats and Michael Stern’s JDS break up at American Copper Buildings
10/11/18
...at another massive Manhattan project. As of Oct. 31, Citi Habitats will no longer market Michael Stern’s American Copper Buildings rental project, sources said...

Buyers on the sidelines are giving a boost to high-end Manhattan rentals
10/11/18
...it’s not enough.” In a separate report, Citi Habitats noted that while the vacancy rate has dropped year over year, it reached the...

Why Realogy’s slow-burning stock is down 40% over the last year
10/09/18
...said, because its NRT division — which operates Corcoran, Citi Habitats and Sotheby’s International Realty — is so concentrated in high-end markets like California, New...

Will lead generation kill the star broker?
10/03/18
...by Rune Fisker) When Elena Smirnova jumped from Citi Habitats to upstart brokerage LG Fairmont in 2014, the firm started sending her leads it was...

Wheels of fortune: with M&A activity and funding rounds abound, the industry is rethinking the value of resi brokerages
09/21/18
...That was followed in October 2015 when rental giant Citi Habitats scooped up Brooklyn-based Aptsandlofts.com and Engel & Völkers NYC merged with boutique...

Do or die: Small and mid-sized firms are joining forces to stay alive
09/19/18
...million. Meanwhile, Realogy — the conglomerate that owns Corcoran, Citi Habitats, Sotheby’s International Realty and Coldwell Banker — is chasing growth by doubling down on...
Brandon Snook
Brandon Snook
Citi Habitats, Real Estate Salesperson
665 Broadway, 5th Floor, New York, NY, (785) 218-5143
...
Romina Zivotovsky
Citi Habitats, Real Estate Salesperson
130 East 59th Street, 12th Floor, New York, NY, (212) 685-7777
...
Dagmar Zijp
Citi Habitats, Real Estate Salesperson
982 Manhattan Avenue, Brooklyn, NY, (212) 685-7777
...
Sheng Zeng
Citi Habitats, Real Estate Salesperson
130 East 59th Street, 12th Floor, New York, NY, (212) 685-7777
...
Natasha Maria Zhuravsky
Citi Habitats, Associate Broker
114 Perry Street, New York, NY, (212) 685-7777
...
Jason Zeller
Citi Habitats, Real Estate Salesperson
130 East 59th Street, 12th Floor, New York, NY, (212) 685-7777
...
Marek Zagorski
Citi Habitats, Real Estate Salesperson
114 Perry Street, New York, NY, (212) 685-7777
...
Mehmet A. Yuksekbas
Citi Habitats, Real Estate Salesperson
130 East 59th Street, 12th Floor, New York, NY, (212) 685-7777
...
Youngchul Yoon
Citi Habitats, Real Estate Salesperson
157 Columbus Avenue, 2nd Floor, New York, NY, (212) 685-7777
...
Jeffrey Yan
Citi Habitats, Real Estate Salesperson
130 East 59th Street, 12th Floor, New York, NY, (212) 685-7777
...
Matthew Yacobellis
Citi Habitats, Real Estate Salesperson
130 East 59th Street, 12th Floor, New York, NY, (212) 685-7777
...
Raymond C. Yahnke
Citi Habitats, Real Estate Salesperson
157 Columbus Avenue, 2nd Floor, New York, NY, (212) 685-7777
...
Wendy Jean Wu
Citi Habitats, Real Estate Salesperson
982 Manhattan Avenue, Brooklyn, NY, (212) 685-7777
...
Bernie L. Wright
Citi Habitats, Real Estate Salesperson
130 East 59th Street, 12th Floor, New York, NY, (212) 685-7777
...
Jason Wu
Citi Habitats, Real Estate Salesperson
482 Driggs Avenue, Brooklyn, NY, (212) 685-7777
...
Dominique Markus Woerndli
Brickwood Realty, Real Estate Salesperson
270 Grand Street, Brooklyn, NY, (646) 517-4777
...
David V. Wolff
Citi Habitats, Real Estate Salesperson
482 Driggs Avenue, Brooklyn, NY, (212) 685-7777
...
Marcella Winograd
Citi Habitats, Real Estate Salesperson
482 Driggs Avenue, Brooklyn, NY, (212) 685-7777
...
Jedediah Wilder
Citi Habitats, Real Estate Salesperson
130 East 59th Street, 12th Floor, New York, NY, (212) 685-7777
...
Delbert White
Citi Habitats, Real Estate Salesperson
157 Columbus Avenue, 2nd Floor, New York, NY, (212) 685-7777
...
Matthew Charles Whitcher
Citi Habitats, Real Estate Salesperson
130 East 59th Street, 12th Floor, New York, NY, (212) 685-7777
...
Jui-Hsun Weng
Citi Habitats, Real Estate Salesperson
157 Columbus Avenue, 2nd Floor, New York, NY, (212) 685-7777
...
Ana Weisberger
Citi Habitats, Real Estate Salesperson
130 East 59th Street, 12th Floor, New York, NY, (212) 685-7777
...
Jason C. Warner
Citi Habitats, Real Estate Salesperson
482 Driggs Avenue, Brooklyn, NY, (212) 685-7777
...
Rachel Wang
Citi Habitats, Real Estate Salesperson
157 Columbus Avenue, 2nd Floor, New York, NY, (212) 685-7777
...
To see all, go to Advanced Search
For more info, click here
  • Event Retail Leasing
  • Address 1614 Second Avenue
  • Neighborhood Yorkville
  • Borough Manhattan
  • Square feet 3,100
  • Publication Date 12/16/2018
  • Event Date 12/13/2018
  • Party 1 ELK 1614 Second
  • Party 1 Brokerage Winick Realty Group
  • Party 1 Broker Joshua Siegelman, Michael Shkreli
  • Party 2 Taco Bell
  • Party 2 Brokerage Citi Habitats
  • Party 2 Broker Hazel Cruz
notes
The restaurant signed a lease for the Yorkville space.
For more info, click here
  • Event Retail Leasing
  • Address 166 Mott Street
  • Neighborhood Little Italy
  • Borough Manhattan
  • Square feet 445
notes
The gelato and Italian pastry shop inked a 9-year lease in Little Italy.
For more info, click here
  • Event Office Leasing
  • Address 1000 Dean Street
  • Neighborhood Crown Heights
  • Borough Brooklyn
  • Square feet 11,775
notes
The cable network owner signed 10-year lease.
For more info, click here
  • Event Retail Leasing
  • Address 944 Eighth Avenue
  • Neighborhood Midtown West
  • Borough Manhattan
  • Square feet 1,800
notes
The yoga studio signed a lease for the entire 2nd floor.
For more info, click here
  • Event Sales
  • Address 40 East End Avenue
  • Neighborhood Yorkville
  • Borough Manhattan
  • Price $ 32,500,000
For more info, click here
  • Event Office Leasing
  • Address 387 Park Avenue South
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 19,000
  • Publication Date 04/01/2015
  • Event Date 02/20/2015
  • Party 1 TF Cornerstone
  • Party 1 Brokerage Newmark Grubb Knight Frank, TF Cornerstone
  • Party 1 Broker Matt Leon, Chip Sealy
  • Party 2 Citi Habitats
  • Party 2 Brokerage Newmark Grubb Knight Frank
For more info, click here
  • Event Office Leasing
  • Address 157 Columbus Avenue
  • Neighborhood Lincoln Square
  • Borough Manhattan
  • Square feet 8,335
notes
The real estate firm signed a lease on the second floor.
For more info, click here
  • Event Sales
  • Building Name 546-52 West 146th Street
  • Address 546 West 146th Street
  • Neighborhood Hamilton Heights
  • Borough Manhattan
  • Price $ 8,900,000
  • Price per foot $ 190.00
notes
The three adjacent buildings sold for $8.9 million, or about $190 per square foot. The properties contain eight one-bedrooms, 36 two-bedrooms, 26 three-bedrooms and three super's apartments.
For more info, click here
  • Event Office Leasing
  • Address 1407 Broadway
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 1,058
  • Price per foot $ 42.00
notes
The fashion company signed a five-year lease.
For more info, click here
  • Event Retail Leasing
  • Building Name 148-150 West 28th Street
  • Address 148 West 28th Street
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 400
  • Publication Date 10/01/2011
  • Event Date 08/22/2011
  • Party 1 Private investor
  • Party 1 Brokerage Citi Habitats
  • Party 2 Brokerage New York Commercial Real Estate Services
  • Party 2 Broker Allan Hasty
notes
The tenant signed a retail lease.
For more info, click here
  • Event Office Leasing
  • Address 508 LaGuardia Pl
  • Neighborhood Greenwich Village
  • Borough Manhattan
  • Square feet 2,375
notes
The Internet marketing and online sales firm inked a one-year lease.
For more info, click here
  • Event Office Leasing
  • Address 370 Lexington Avenue
  • Neighborhood Murray Hill
  • Borough Manhattan
  • Square feet 840
notes
The nonprofit inked a lease.
For more info, click here
  • Event Office Leasing
  • Address 370 Lexington Avenue
  • Neighborhood Murray Hill
  • Borough Manhattan
  • Square feet 840
notes
The nonprofit inked a lease.
For more info, click here
  • Event Office Leasing
  • Address 240 East 23rd Street
  • Neighborhood Gramercy Park
  • Borough Manhattan
  • Square feet 400
notes
The physical therapy office signed a three-year lease.
For more info, click here
  • Event Office Leasing
  • Address 2234 Adam Clayton Powell Jr. Boulevard
  • Neighborhood Harlem
  • Borough Manhattan
  • Square feet 750
notes
The fashion company signed a lease.
For more info, click here
  • Event Sales
  • Address 466 Greenwich Street
  • Neighborhood Tribeca
  • Borough Manhattan
  • Square feet 1,200
  • Price $ 1,300,000
  • Price per foot $ 1,083.33
notes
The unit sold for $1.3 million, which represents a per square foot price of $1,083. The ground-floor unit is leased through August 2008.
For more info, click here
  • Event Sales
  • Address 54 Spring Street
  • Neighborhood Nolita
  • Borough Manhattan
  • Square feet 15,000
  • Price $ 7,000,000
  • Price per foot $ 466.67

The week in real estate market reports
02/22/17
...Manhattan, Brooklyn, and Queens. Manhattan condos and co-ops | Citi Habitats The average price of a co-op in Manhattan grew 15 percent in January relative to...

NYC’s biggest brokerages face off
...billion last year. (Click to enlarge) Halstead Property, Citi Habitats and Charles Rutenberg rounded out the top five largest firms by agent count, while...

Number of agents, brokers jumps in Brooklyn and Queens
01/08/16
...its space in Park Slope, a month after Citi Habitats bought Brooklyn-based brokerage firm Aptsandlofts.com. Citi Habitats' acquisition "speaks volumes" about the outer...

Do brokerage alliances matter?
01/05/16
...of firms such as the Corcoran Group and Citi Habitats. In addition to acquiring the brokerage operation, Realogy entered a 100-year licensing agreement with...

Real estate’s tech arms race
...elsewhere. In 2014, Realogy Holdings — which owns Corcoran Group, Citi Habitats and Sotheby’s International Realty, among other brokerages — paid $166 million for ZipRealty, a California-based...

Manhattan’s rental elite
...TRD’s ranking are active in the area: Citi Habitats had 17 of the 93 listings, while Halstead Property, Corcoran, Elliman and other big firms had...

Brooklyn’s lease-up game
...Fort Greene and Bedford-Stuyvesant. Gary Malin, president of Citi Habitats, is going after new developments. Close behind Corcoran is Citi Habitats, fresh off its...

Predicting the peak
...the summer. Gary Malin, president of rental brokerage Citi Habitats, said prices are currently out of sync with what renters can, or will, pay...

Scorecard: Luxury sales
09/17/15
...Developers know no party lasts forever." Gary Malin, Citi Habitats on decline of luxury building plans “Developers know that no party lasts forever,” Citi...

Scorecard: Residential rentals
09/15/15
...average price of $3,501 for the first time, a Citi Habitats report found. “It really is about the doorman.” Vicario Phillip, MNS, on the amenities...

Franchise players: How much do firms depend on their top brokers?
09/09/15
...their grip on top producers. Earlier this year, Citi Habitats and Corcoran sued Compass, with Corcoran accusing Compass of “brazenly” raiding its talent pool...

Biggest firm ranking
...number of agents, were Elliman, Corcoran, Halstead Property, Citi Habitats and Town Residential. (Click to enlarge) As a group, Manhattan’s 12 biggest firms — only...

Done deals don’t lie:
A ranking by closed deals
...active list anymore,” said Gary Malin, CEO of Citi Habitats, which ranked No. 15 for closed sales. The numbers for Citi Habitats back that up...

Manhattan’s mid-sized
market makers
...Kim from Extell Development and Eugene Litvak from Citi Habitats. The firm lured more than 50 hires from the Corcoran Group alone, including managers Gene...

Real Estate’s Rising Stars
...Truvillion) Jed Wilder, 28, and Lindsay Krantz, 27 Rental brokers, Citi Habitats An average of five apartments each week: that’s the number of units the...

Flood of new projects shifts fortunes of marketing firms
...when it was edged out by sister company, Citi Habitats. The boom at Corcoran Sunshine is a far cry from five years ago, when...

Big firms, big listings
...by agent count were Elliman, Corcoran, Halstead Property, Citi Habitats and Coldwell Banker The Bellmarc Group. Meanwhile, Corcoran and BHS saw the biggest jump...

Where are the rentals?
...Estate. But according to data from the brokerage Citi Habitats, only 15,723 new development rentals units came on the market from 2008 to 2012. The pipeline of...

Big firms tackle big obstacles
...them was the two-year-old brokerage Town, launched by Citi Habitats founder Andrew Heiberger, which added more than 100 agents to its roster, growing by 45 percent...

The top rental deals of 2012 — and the agents behind them
...an all-time high this past year even as Citi Habitats’ third-quarter rental market report, the most recent data available at press time, showed the...

Biggest U.S. residential firms
...the parent company to the Corcoran Group and Citi Habitats. (NRT also owns some Sotheby's International Realty and Coldwell Banker offices, but others are...

Manhattan’s top firms
...added. Of all the firms in the ranking, Citi Habitats had the biggest drop in listings volume. The firm saw the number of its...

Can’t win for losing
...lose money," said Nathaniel Faust, a broker with Citi Habitats, who has seen sellers not only sacrificing all their equity in a property, but...

Ranking the top rentals
...the leasing and property manager for the building. Citi Habitats would not disclose its priciest rental of 2009, citing a confidentiality agreement, but said its...

Manhattan’s biggest firms
...Robert Seligsohn, Co-op at 145 East 15th Street for $1,200,000 Citi Habitats Laura Hernandez, Condo at 80 Columbus Circle for $10,950,000 Rachel Roman, Penthouse condo at 151 West 17th...
To see all, go to Advanced Search

January 2016 Manhattan residential sales: Citi Habitats
Residential sales slowed in January in both the condo and co-op markets. Condo signings slumped 17 percent year-over-year and co-op signings fell 19 percent over...

CitiHabitats
November 2015 Manhattan residential rentals: Citi Habitats
Rents for a new development one-bedroom apartment in Manhattan averaged $4,531 during November. View the full report here. ...

Citi Habitats
August 2015 Manhattan residential rentals: Citi Habitats
...full report online here. August 2015 Manhattan residential rentals: Citi Habitats...

Citi Habitats
Q2 2015 Manhattan residential sales: Citi Habitats
...full report online here. Q2 2015 Manhattan residential sales: Citi Habitats...

January 2015 Manhattan and Brooklyn residential rentals: Douglas Elliman
...Median Manhattan rents by neighborhood (credit: Citi Habitats) Manhattan and Brooklyn rental price indicators moved higher in January, in part due to...