Compass | The Real Deal New York

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Compass

90 Fifth Avenue
New York, NY 10011
(212) 913-9058
Website
Compass

Compass is a residential brokerage in New York City that launched in 2013 as Urban Compass. (It changed its name in early 2015, complete with a new website.)

The firm was co-founded by Ori Allon, a computer-science Ph.D. from Australia who had been working as the engineering director of Twitter's New York office. Not surprisingly, then, much of Compass' early buzz in the marketplace and its appeal to brokers hinged on in-house technology that supposedly not only cut down on administrative work but also facilitated faster reaction to listing changes and debuts. Skepticism remains, however, about just how liberating and fast Compass technology is.

What is not in dispute is that Compass has piled on big names and big assignments since its founding. Leonard Steinberg, long one of Douglas Elliman's top-performing Manhattan brokers, joined Compass in 2014 as president. Other big names include Kyle Blackmon, formerly of Brown Harris Stevens; Jay Glazer of Warburg Realty; and Gene Martinez from the Corcoran Group.

Compass investors have also included notable names such as landlord and developer Bill Rudin and SalesForce.com founder Marc Benioff as well as institutions such as Goldman Sachs. Indeed, the brokerage's executive ranks claim quite a few banking and consultancy alums.

Its new-development exclusives include the Arthur in Chelsea; Seven Harrison in Tribeca; Five Sixty West 24th, also in Chelsea; and 152 Elizabeth Street in Nolita.

Compass is headquartered in Union Square. Robert Reffkin, who worked at Goldman Sachs, including in its private-equity wing, is Compass CEO and, along with Allon, a founder.


04/19/18
...York firms have taken rebranding a little further. Compass, for instance, dropped “Urban” from its name in 2015 after Matt Spangler, now the firm...

04/16/18
...knew this would happen,” said Joanne Nemerovski of Compass’ Chicago office. “People go to sites like Zillow or Redfin for information on real...

04/16/18
...of people know, it must be uber elite.’” Compass President Leonard Steinberg recognizes that privately marketing a listing at the seller’s request...

04/14/18
...of the 2017 pie came from SoftBank's investments in Compass and WeWork, as The Real Deal reported. -- Erin Hudson...

04/12/18
...that’s a false narrative, veteran brokers said. Compass President Leonard Steinberg said that when he worked on 150 Charles — where buyers inked contracts...

04/10/18
...that was pumped into budding real estate firms Compass, WeWork, Katerra and Lemonade. Separately, the conglomerate acquired the New York-based asset management firm...

04/09/18
...East 53rd Street, Robert Reffkin and Marc Holliday Compass is more than doubling its footprint in Midtown with a deal to add 32,000 square...

04/08/18
...pay during the time it’s used,” said Compass...

04/05/18
...prices have formed a seller's market. Douglas Elliman, Compass and Engel & Völkers have all been expanding in the city over the...

04/05/18
...the city's top resale coaches: The roving coach Compass’ head of agent development doesn’t have his own office. He doesn’t even...

04/04/18
...to put your money into something else,” said Compass’ Toni Haber. But that could be worth it for some uber-wealthy investors whose life...

04/03/18
...Valley and parts of New Jersey and Connecticut. (Compass, back when it was known as Urban Compass, also incorporated the territory system but...

04/02/18
...In Chicago, Compass and its CEO Robert Reffkin (pictured) will find a market dominated by local names...

04/02/18
...Seawood, founder of the Carte Blanche team at Compass, said they also try to keep the focus on their events. The team is...

...that’s a false narrative, veteran brokers said. Compass President Leonard Steinberg said that when he worked on 150 Charles — where buyers inked contracts...

...that was pumped into budding real estate firms Compass, WeWork, Katerra and Lemonade. Separately, the conglomerate acquired the New York-based asset management firm...

03/29/18
...East 13th Street (Credit: Compass) After several price chops and spending years on and off the market, a Greenwich...

03/29/18
...doesn’t exist, and they’ve done it,” Compass’ Victoria Shtainer said in January. The building is priced to sell today, she added...

03/29/18
...Real stay competitive with rivals like Redfin, TripleMint, Compass and other larger brokerages that offer agents a similar package of tools. “Naturally, if...

03/29/18
...Burns and Toni Haber (Credit: Getty Images) Married Compass brokers Toni Haber and Carol Burns are joining the celebrities at 443 Greenwich. The couple...

03/28/18
...Dubin and Toni Haber (Credit: Getty Images and Compass) UPDATED, March 28, 1:57 p.m.: David Dubin — an alum of Douglas Elliman and the Corcoran...

03/26/18
Barbara Liberatore Black’s rise to managing director of JLL’s South Florida office was not an easy one. Currently the only female executive in her office,...

03/26/18
...Mercer Street, Mike Myers and 1049 Fifth Avenue (Credit: Compass, Getty Images and Sotheby's) Manhattan’s luxury residential market recorded 24 contracts at $4 million and...

03/23/18
...way we get around.  Unicorns like WeWork and Compass have made their mark — the former has earned billions in investments and the latter...

03/22/18
...the top real estate brokerages in Queens, suing Compass in February for allegedly targeting its agents and stealing its confidential data to gain...
Compass, Chief Financial Officer
90 Fifth Avenue, 3rd Floor, New York, NY, (212) 913-9058
Craig Anderson is the Chief Financial Officer of Compass. Anderson was most recently...
Compass, Real Estate Salesperson
90 Fifth Avenue, New York, NY, (646) 648-1223
...
Stribling & Associates, Real Estate Salesperson
340 West 23rd Street, New York, NY, (212) 570-2440
...
Compass, Real Estate Salesperson
390 Park Avenue, 14th Floor, New York, NY, (212) 913-9058
...
Compass, Real Estate Salesperson
514 2nd Street, Brooklyn, NY, (212) 913-9058
...
Compass, Real Estate Salesperson
514 2nd Street, Brooklyn, NY, (212) 913-9058
...
Compass, Associate Broker
390 Park Avenue, 14th Floor, New York, NY, (212) 913-9058
...
Compass, Real Estate Salesperson
390 Park Avenue, 14th Floor, New York, NY, (212) 913-9058
...
Compass, Real Estate Salesperson
136 North 10th Street, Brooklyn, NY, (212) 913-9058
...
Stribling & Associates, Associate Broker
340 West 23rd Street, New York, NY, (212) 570-2440
...
Compass, Real Estate Salesperson
390 Park Avenue, 14th Floor, New York, NY, (212) 913-9058
...
Sotheby's International Realty, Associate Broker
38 East 61st Street, New York, NY, (202) 606-7600
...
Compass, Associate Broker
514 2nd Street, Brooklyn, NY, (212) 913-9058
...
Compass, Associate Broker
390 Park Avenue, 14th Floor, New York, NY, (212) 913-9058
...
Compass, Real Estate Salesperson
514 2nd Street, Brooklyn, NY, (212) 913-9058
...
Compass, Associate Broker
390 Park Avenue, 14th Floor, New York, NY, (212) 913-9058
...
Compass, Real Estate Salesperson
514 2nd Street, Brooklyn, NY, (212) 913-9058
...
Compass, Real Estate Salesperson
390 Park Avenue, 14th Floor, New York, NY, (212) 913-9058
...
Compass, Real Estate Salesperson
390 Park Avenue, 14th Floor, New York, NY, (212) 913-9058
...
Compass, Real Estate Salesperson
136 North 10th Street, Brooklyn, NY, (212) 913-9058
...
Compass, Real Estate Salesperson
390 Park Avenue, 14th Floor, New York, NY, (212) 913-9058
...
Compass, Real Estate Salesperson
514 2nd Street, Brooklyn, NY, (212) 913-9058
...
Compass, Associate Broker
390 Park Avenue, 14th Floor, New York, NY, (212) 913-9058
...
Compass, Real Estate Salesperson
390 Park Avenue, 14th Floor, New York, NY, (212) 913-9058
...
Compass, Real Estate Salesperson
390 Park Avenue, 14th Floor, New York, NY, (212) 913-9058
...
To see all, go to Advanced Search
  • Event Sales
  • Address 269 West 11th Street
  • Neighborhood West Village
  • Borough Manhattan
  • Square feet 8,540
  • Price $ 27,400,000
  • Publication Date 04/01/2017
  • Event Date 02/27/2017
  • Party 1 269 WEST 11TH LLC C/O Justyn Volesko, AJ Wealth LLC
  • Party 1 Entity 269 WEST 11TH LLC
  • Party 1 Brokerage Compass
  • Party 1 Broker Debra Kameros
  • Party 2 MCY Real Estate
notes
The 5-story residential property was sold for $27.4 million.
  • Event Retail Leasing
  • Address 48 Macdougal Street
  • Neighborhood Soho
  • Borough Manhattan
  • Square feet 1,200
notes
The Japanese restaurant signed a lease.
  • Event Office Leasing
  • Address 90 Fifth Avenue
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 25,000
notes
The residential real estate brokerage is expanding its lease.
  • Event Office Leasing
  • Address 2150 Broadway
  • Neighborhood Upper West Side
  • Borough Manhattan
  • Square feet 8,725
notes
The residential brokerage signed a lease.
  • Event Office Leasing
  • Address 262 Bowery
  • Neighborhood Nolita
  • Borough Manhattan
  • Square feet 3,000
  • Publication Date 02/01/2017
  • Event Date 12/18/2016
  • Party 1 Milestone Equities
  • Party 1 Brokerage Milestone Equities
  • Party 1 Broker Isadore Betesh, Marc Betesh
  • Party 2 Nulab
  • Party 2 Brokerage Compass
  • Party 2 Broker Jake Velazquez
notes
The technology company signed a lease.
  • Event Retail Leasing
  • Address 1961-1963 Seventh Avenue
  • Neighborhood Central Harlem
  • Borough Manhattan
  • Square feet 2,305
  • Publication Date 02/01/2017
  • Event Date 12/18/2016
  • Party 1 Local Investors
  • Party 1 Brokerage SCG Retail
  • Party 1 Broker Seth Kessler, Ian Rice
  • Party 2 Kathy Kuo Home
  • Party 2 Brokerage Compass
  • Party 2 Broker Jake Velazquez
notes
The boutique furniture store signed a lease.
  • Event Sales
  • Address 123 Second Avenue
  • Neighborhood East Village
  • Borough Manhattan
  • Price $ 6,000,000
  • Publication Date 11/01/2016
  • Event Date 09/15/2016
  • Party 1 George Pasternak
  • Party 1 Brokerage Compass
  • Party 2 Ezra Jason Wibowo
notes
A vacant lot that was once home to a rental building that was destroyed in a gas explosion sold for $6 million.
  • Event Office Leasing
  • Address 10 East 53rd Street
  • Neighborhood Midtown East
  • Borough Manhattan
  • Square feet 17,000
notes
The brokerage signed a lease for the 16th and 17th floors.
  • Event Retail Leasing
  • Address 444 Broome Street
  • Neighborhood SoHo
  • Borough Manhattan
  • Square feet 500
  • Publication Date 06/01/2016
  • Event Date 05/18/2016
  • Party 1 Sherr Equities
  • Party 1 Brokerage Sherr Equities
  • Party 1 Broker Harold Sherr
  • Party 2 Daniel Wellington
  • Party 2 Brokerage Compass
  • Party 2 Broker David Graff
notes
The watch company signed a 5-year lease.
  • Event Retail Leasing
  • Address 90 Fifth Avenue
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 25,204
  • Price per foot $ 95.00
notes
The real estate tech company signed an expansion lease.
  • Event Office Leasing
  • Address 136 North 10th Street
  • Neighborhood Williamsburg
  • Borough Brooklyn
  • Square feet 4,000
notes
The firm signed a lease.
  • Event Office Leasing
  • Address 19 Union Square West
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 9,233
  • Event Office Leasing
  • Address 390 Park Avenue
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 10,700
  • Publication Date 11/01/2014
  • Event Date 09/17/2014
  • Party 1 RFR Holding
  • Party 2 Urban Compass
notes
The tenant signed a lease to occupy the 14th floor.
  • Event Office Leasing
  • Address 31 Penn Plaza
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 6,822
notes
The food-service management firm signed a new 10-year lease for part of the sixth floor.
  • Event Financing
  • Address 960 Sixth Avenue
  • Neighborhood Garment District
  • Borough Manhattan
  • Publication Date 01/01/2012
  • Event Date 11/22/2011
  • Party 1 Hidrock Realty
  • Party 2 BBVA Compass
notes
A $36 million construction loan was provided to convert the building into a hotel. The planned Courtyard Marriott will include 167 rooms, a rooftop bar and retail, and should be completed by October 2012. Hotel building.
  • Event Office Leasing
  • Address 130 William Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 3,400
  • Publication Date 09/01/2011
  • Event Date 07/23/2011
  • Party 1 130 William Street Holdings
  • Party 1 Brokerage In-house
  • Party 2 Compass Rose Services
  • Party 2 Brokerage Coldwell Banker Commercial Hunter Realty
  • Party 2 Broker Ryan Rozins, Neil Murray
notes
The insurance firm signed a long-term lease.
  • Event Office Leasing
  • Address 1345 Sixth Avenue
  • Neighborhood Midtown West
  • Borough Manhattan
  • Square feet 84,000
notes
The Spanish bank signed a lease renewal and expanded its office space.
  • Event Office Leasing
  • Address 55 Washington Street
  • Neighborhood DUMBO
  • Borough Brooklyn
  • Square feet 1,943
notes
The hospice service provider signed a lease.
  • Event Office Leasing
  • Address 63 Madison Avenue
  • Neighborhood NoMad
  • Borough Manhattan
  • Square feet 9,771
  • Publication Date 06/01/2004
  • Event Date 04/22/2004
  • Party 1 Bank of New York Mellon
  • Party 1 Brokerage CBRE
  • Party 1 Broker Jeremy Lincoln
  • Party 2 Encompass Media
  • Party 2 Brokerage Hunter Realty
  • Party 2 Broker Richard Gottlieb, Gregory Kraut, Michael Okun
notes
Publisher subleases space, moving from 120 Fifth Ave
Manhattan, 10035
COMPASS POINT LLC
1721 Park Avenue is a 13,623 square foot property built in 1925 in...
Bronx, 10460
SAMARITAN-COMPASS III & IV HOUSING DEV FUND CORP
1559 Boone Avenue is a 10,000 square foot property built in 1931 in...
Bronx, 10460
SAMARITAN-COMPASS VI HOUSING DEVELOPMENT FUND CORP
1927 West Farms Road is a 16,000 square foot property built in 1931...
Bronx, 10454
COMPASS POINT LLC
...
Bronx, 10460
Monadnock Development, COMPASS JV THREE LLC
...
Bronx, 10460
MBD COMPASS ONE B HOU
...
Bronx, 10460
MONADNOCK DEVELOPMENT, MONADNOCK DEVELOPMENT, LLC
This property is a new development. The developer(s) filed plans in October of...

02/24/17
...new business, picking up just $2 billion in exclusives. Compass, which picked up over $1.5 billion in exclusives in 2015, landed only one approved Manhattan project...

12/21/16
...umbrella.” From left: Ori Allon and Robert Reffkin 3. Compass, $75M fundraising round Is Compass even a tech company? While many in real estate...

Residential condo development is the riskiest sector within the risky business of real estate. Evidence for that is found in both the outsized returns builders...

...the Modlin Group’s Adam Modlin ($328.1 million) and Compass President Leonard Steinberg ($297.8 million). The ordering at the top represents a significant reshuffling from...

...Click to enlarge) Compass, a newcomer on the Hamptons real estate scene, scored a coup last October when...

share-of-sales-feature
05/06/16
...this high since before the financial crisis,” said Compass agent Takk Yamaguchi, citing sales price increases over the last six months.  ...

...Brown Harris Stevens, Stribling & Associates and upstart Compass did so for dollar volume, with $2.2 billion, $872.9 million and $810.5 million in exclusives, respectively. Collectively...

...Jason Walker, who also came from Elliman via Compass. According to Osher, who co-founded his firm with the Cayre family, recruiting agents is...

01/08/16
...said Gabriele Sewtz, a Park Slope-based broker with Compass. Even in neighborhoods like Bay Ridge, the big name brokers are starting to enter...

01/05/16
...It’s taking advantage of unsophisticated sellers,” said Compass CEO Robert Reffkin. “Their pitch book tells you, an unsophisticated seller, that more buyers...

...s top tech fundraisers, such as residential brokerage Compass, which has raised $123 million to date, and VTS, a cloud-based tool for the commercial...

12/31/15
...appear willing to play ball with the firm. Compass vs. everyone Robert Reffkin Another beneficiary of venture capital was residential brokerage Compass, which...

12/28/15
Buyers of pricey Manhattan real estate tapped the brakes in 2015, according to Olshan Realty’s year-end market report, which revealed a 16 percent drop in...

12/07/15
...Monadnock Development applied to build one of the Compass Residences buildings, which will include 185 units at 1905 West Farms Road. The full 10-building development...

11/05/15
The revenue for Stuyvesant Town and Peter Cooper Village has risen steadily over the past few years, and one path to growth has been the...

...London. Leonard Steinberg, president of the Manhattan-based brokerage Compass, said “other centers beside those” also draw interest. Last month, during a panel discussion...

Bulk Condos
Everyone knows, if you want to save money, buy in bulk. With prices for condos and co-ops in the stratosphere, bargain hunting these days is...

09/09/15
...of data pulled from OLR as of Aug. 3, 2015. Compass’ Leonard Steinberg, for example, who joined the startup as president last summer after 13 years...

...currently completing the first phase of the 10-building Compass Residences, a complex being built in Crotona Park East in an area that was...

07/28/15
...of the tax deduction,” said Leonard Steinberg of Compass. Ed Mermelstein, a real estate lawyer, noted that wealthy individuals often finance home purchases...

...Harris Stevens’ John Burger. They were followed by Compass President Leonard Steinberg and business partner Hervé Senequier at No. 6; BHS’ Paula Del Nunzio...

...at Elliman, Victoria Shtainer, decamped for upstart brokerage Compass in May. At Elliman, Shtainer, a former a litigator for Allstate Insurance, handled about...

...on selling his firm. In April, insiders said Compass was in talks to acquire the firm and last month several sources said that...

...s defection of top agent Kyle Blackmon to Compass — which was included in the mid-sized ranking — Willkie said the firm’s growth coincides...

...more buildings, we did larger transactions,” Garfield said. Compass, which launched in 2013 and clocked in at No. 9, closed $394.3 million, according to TRD’s...
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Compass
New median price records were set Downtown, on the Upper West Side, Midtown East and Midtown West. Also, nearly 24 percent of all residential inventory...

The average price per buildable square foot of residentially zoned development sites in Brooklyn in 2014 is up 19% from the previous year, according to...
Bronx, 10460
Monadnock Development, COMPASS JV THREE LLC
...
Bronx, 10460
MONADNOCK DEVELOPMENT, MONADNOCK DEVELOPMENT, LLC
This property is a new development. The developer(s) filed plans in October of...
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