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.

-TA


01/20/17
Wells Fargo filed to foreclose on RFR Realty’s Lever House. Aby Rosen and Michael Fuchs’ company has until Jan. 27 to respond to the complaint....

01/20/17
Pop singer Santi “Santigold” White has had enough of her Bedford-Stuyesant brownstone. The songwriter — whose hit video “Can’t Get Enough of Myself” features a...

01/18/17
For decades, Katz’s Delicatessen and Russ & Daughters have drawn hungry New Yorkers to the Lower East Side. Now a group of developers is betting...

01/18/17
...Maelle Gavet and Robert Reffkin Compass tapped a tech industry veteran with experience running a public...

01/18/17
Which asking price will get whacked this week? Two adjacent co-ops belonging to “The Sopranos” creator David Chase received one of the biggest price reductions...

01/11/17
Last week, the number of price chops did anything but drop. In fact, they made a comeback. Over the holiday break, there was a lull...

01/11/17
...because two buildings were razed in the destruction, including the Compass and Brown Harris Stevens’ offices. East Hampton Fire Marshal Tom...

01/11/17
When Jordan Sachs and Todd Jacobs set up shop in 2010, they had a hot, airless 350-square-foot office on 12th Street and Broadway, with rented...

01/10/17
...jumped ship from One Sotheby’s International Realty to join Compass...

01/10/17
Gloomy day in my favorite little place & second home, Sag Harbor. So sad to see this beautiful icon destroyed. 💔🎬 A photo posted by...

01/09/17
...From top: 269 West 11th Street (credit: Compass) and 34 East 74th Street New York City’s luxury market...

01/06/17
A newly-built townhouse in Boerum Hill hit the market last month asking $7.9 million, making it the most expensive single-family home listed in December. Tags: brooklyn...

01/04/17
...Robert Reffkin and David Snider Compass is making a little more room in the C-suite. The...

12/30/16
“Could I begin life again,” John Jacob Astor is said to have declared, “knowing what I now know, and had money to invest, I would...

12/23/16
In the blood sport of New York real estate, litigation is a way to bully, negotiate, and even embarrass — and 2016 didn’t disappoint. Tags:...

12/22/16
Commercial brokerages got a taste of the drama long associated with the residential world in 2016, when top New York investment sales brokers defected to...

12/21/16
Sagaponack has, undisputedly, the most expensive ZIP code in the country Sagaponack’s 11963 ZIP code once again took the cake as America’s priciest neighborhood, according to a ranking...

12/21/16
...Sag Harbor’s Main Street, gutting four buildings, including the Compass and Brown Harris Stevens storefronts. The real estate offices at...

12/21/16
The real estate tech industry in 2016 could be summed up in one phrase: the big kids took over the playground Though there was a...

12/19/16
Jared Kushner and his family are worth an estimated $1.8 billion, roughly half of which comes from their real estate holdings. Tags: Charles Kushner, Jared...

12/19/16
...issue: In the days following the presidential election, clients called Compass President Leonard Steinberg nonstop. Emboldened by Donald Trump’s upset...

Sag Harbor Theater
12/17/16
Gloomy day in my favorite little place & second home, Sag Harbor. So sad to see this beautiful icon destroyed. 💔🎬 A photo posted by...

Sag Harbor Theater
12/16/16
...katemariex93) on Dec 16, 2016 at 9:39am PST UPDATED: Dec. 16, 1:50 p.m.: Compass and Brown Harris Stevens' offices in Sag Harbor were destroyed...

12/15/16
Tenants at 150 Charles Street already count Jon Bon Jovi, Ben Stiller and swimsuit model Irina Shayk as their neighbors. The newest addition is the...

12/06/16
He may be a great actor, but Leonardo DiCaprio doesn’t seem to be the shrewdest real estate investor. Tags: delos living, price cuts ...
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Compass, Senior Managing Director of Sales
30 Nugent Street, Southhampton, NY, (631) 259-9993
Joseph De Sane is the senior managing director of sales at Compass’ Southampton....
Compass, Real Estate Salesperson
1110 South Avenue, Staten Island, NY, (718) 232-6400
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Compass, Real Estate Salesperson
1110 South Avenue, Staten Island, NY, (718) 232-6400
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Compass, Real Estate Salesperson
1110 South Avenue, Staten Island, NY, (718) 232-6400
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Compass, Real Estate Salesperson
1110 South Avenue, Staten Island, NY, (718) 232-6400
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Compass, Real Estate Salesperson
1110 South Avenue, Staten Island, NY, (718) 232-6400
...
Compass, Real Estate Salesperson
1110 South Avenue, Staten Island, NY, (718) 232-6400
...
Compass, Real Estate Salesperson
6801 20th Avenue, Brooklyn, NY, (718) 232-6400
...
Compass, Real Estate Salesperson
6801 20th Avenue, Brooklyn, NY, (718) 232-6400
...
Compass, Real Estate Salesperson
6801 20th Avenue, Brooklyn, NY, (718) 232-6400
...
Compass, Real Estate Salesperson
6801 20th Avenue, Brooklyn, NY, (718) 232-6400
...
Compass, Associate Broker
6801 20th Avenue, Brooklyn, NY, (718) 232-6400
...
Compass, Associate Broker
6801 20th Avenue, Brooklyn, NY, (718) 232-6400
...
Compass, Real Estate Salesperson
6801 20th Avenue, Brooklyn, NY, (718) 232-6400
...
Compass, Real Estate Salesperson
6801 20th Avenue, Brooklyn, NY, (718) 232-6400
...
Compass, Real Estate Salesperson
6801 20th Avenue, Brooklyn, NY, (718) 232-6400
...
Compass, Real Estate Salesperson
6801 20th Avenue, Brooklyn, NY, (718) 232-6400
...
Compass, Real Estate Salesperson
6801 20th Avenue, Brooklyn, NY, (718) 232-6400
...
Compass, Corporate Broker
6801 20th Avenue, Brooklyn, NY, (718) 232-6400
...
Compass, Real Estate Salesperson
6801 20th Avenue, Brooklyn, NY, (718) 232-6400
...
Compass, Associate Broker
514 2nd Street, Brooklyn, NY, (718) 213-4478
...
Compass, Associate Broker
6801 20th Avenue, Brooklyn, NY, (718) 232-6400
...
Compass, Associate Broker
514 2nd Street, Brooklyn, NY, (718) 213-4478
...
Compass, Associate Broker
6801 20th Avenue, Brooklyn, NY, (718) 232-6400
...
Compass, Real Estate Salesperson
6801 20th Avenue, Brooklyn, NY, (718) 232-6400
...
To see all, go to Advanced Search
  • 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
  • Publication Date 10/01/2015
  • Event Date 08/22/2015
  • Party 1 C&L Trading
  • Party 1 Brokerage Delta Commercial Real Estate
  • Party 1 Broker Adrian Langsner-Smilovici, Rae Brown
  • Party 2 Compass
  • Party 2 Brokerage Cushman & Wakefield
  • Party 2 Broker Ethan Silverstein, Jason Greenstone, James McCaffrey
notes
The firm signed a lease.
Bronx, 10454
COMPASS POINT LLC
...
Bronx, 10460
MBD COMPASS ONE B HOU
...

12/21/16
The real estate tech industry in 2016 could be summed up in one phrase: the big kids took over the playground Though there was a...

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...

Manhattan’s elite residential brokers aren’t just going after the most expensive listings to stay on top. They’re also recalibrating their business models to include a...

Compass, a newcomer on the Hamptons real estate scene, scored a coup last October when it hired veteran Ed Petrie away from Sotheby’s International ...

share-of-sales-feature
05/06/16
  From the May issue: Sales of homes priced over $5 million are gaining ground in Manhattan. In 2016’s first quarter, deals in that category accounted...

When the average Manhattan pad costs $2 million, it’s a good time to be in the brokerage business. Soaring prices and relief from the inventory...

Don’t discount the brokerages on this year’s ranking of mid-sized residential real estate firms just because they’re in the middle of the pack. Like horses...

01/08/16
For the second year in a row, the number of brokers and agents in Brooklyn and Queens rose faster than in Manhattan, an indication that brokers...

01/05/16
TRD Special Report: When the heiress Bunny Mellon died in 2014 at age 103, Sotheby’s sold her art collection – with pieces from Georges Braque and...

Anyone who has banked online, shopped on Amazon or shared digital photos recently can understand why real estate firms are clamoring for new technology. It’s...

12/31/15
New York City has, for quite some time, been the world’s most dynamic and high-stakes real estate market. But 2015 pushed all the elements that...

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...

November-DOB-Feature
12/07/15
New building permit filings tumbled in November, with only 1,843 apartment units applied for across the city, according to a new analysis by The Real...

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...

New York City real estate is never short of mantras and catch phrases, but few have taken hold of the industry’s collective mind like “safe...

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
“No player is bigger than the club,” the soccer adage goes, but what about in brokerage? Consider Ryan Serhant. The “Million Dollar Listing New York”...

Long a symbol of urban decay, the South Bronx is booming with new construction these days as developers — big ...

07/28/15
That “all-cash” dominated luxury condo market you keep hearing about? Turns out, it’s not really a thing. In fact, more than 40 percent of buyers...

In the high-stakes world of Manhattan real estate, agents tend to fall into two camps — those brokering sales in glitzy new condo buildings and...

Celebrity doctors. Notorious lawyers. Philanthropists. Hedge funders. And, of course, real estate players. ...

Memorial Day Weekend marked the official opening bell for the Hamptons season. And while most of those flooding into the East End were thinking about...

Tight inventory. Rising prices. Luxe new developments. And competition—fierce competition. Against that backdrop, Manhattan’s largest brokerages carved out a bigger piece of the pie for...

Listings go up and listings go down. But done deals don’t lie. This year, The Real Deal’s annual brokerage ranking includes a list of New...

More nimble than industry heavyweights, but packing more punch than many smaller firms, the mid-sized brokerages on this year’s ranking acted as change agents in...
To see all, go to Advanced Search

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...
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