Compass | The Real Deal New York

The Real Deal New York

trd topics
X


NAME


EMAIL


SUGGESTED
UPDATE


captcha

Please type the words that appear above
Than click SUBMIT
By using this form you agree with the storage and handling of your data by this website.

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.


11/13/18
...Robert Reffkin Another day, another brokerage deal. Compass is growing its Washington D.C. presence with the acquisition of Wydler Brothers Real...

11/12/18
...latest spat has to do, in part, with Compass and allegations that the SoftBank-backed brokerage unfairly goes after other firms' listings. Sources said...

11/12/18
...expense, largely due to recruiting and retention. Meanwhile, Compass has become known for its aggressive recruiting — with its recruitment head noting, “When we...

11/12/18
...Credit: iStock) Masa Son’s investment in Compass is apparently worth imitating. More than 1,000 agents at the SoftBank-backed brokerage have invested a...

11/11/18
...Credit: Compass, Douglas Elliman, StreetEasy) Three brokers are trying to reel in a nearly $20 million deal...

11/07/18
...left Engel & Völkers Miami and joined Compass Florida as director of operations. Elfmont is leading agent operations, product experts and listing...

11/06/18
...Partners. But other companies, such as venture capital-backed Compass, as well as Douglas Elliman and The Agency, are encouraging pocket listings with new...

11/05/18
...Properties; Popular Bank; Samsung; Brightline; Brown Harris Stevens; Compass; Creative Choice Group; My Florida Regional Center; Amrit Ocean Resort and Residences; Hard Rock...

11/05/18
...companies backed by the bank have spoken up. Compass CEO Robert Reffkin said SoftBank has been a “great partner” to his company and...


11/01/18
...April, @properties took a not-so-subtle shot at newcomer Compass when it hung a banner outside of Compass' Lakeview office reading: “Don’t ask...

...has 13 agents. Wholesale acquisitions On the national front, Compass, which is backed by $450 million from SoftBank, has made headlines for picking up 11 brokerages...

...than 8,600 next year. Vickey Barron — who recently joined Compass from the Corcoran Group — said discounts have picked up as developers who need to...

...borough rose by nearly 20 percent year over year. Compass broker Gabriele Sewtz said that despite the rise in median prices, the market is...

11/01/18
...idea. Collectively, the agents and their teams — from Compass, Douglas Elliman and Sotheby’s International Realty — had closed more than $1 billion in sales...

10/31/18
...market is seeing such landmark acquisitions as the Compass takeover of Pacific Union and Douglas Elliman’s purchase of Teles Properties, which brokerage...

10/30/18
...Rory Golod and Compass offices at 90 Fifth Avenue (Credit: RFR Space) Rory Golod — who for two years was...

10/29/18
...Kirman, a star agent at Pacific Union (now Compass), from listing the property for $1 billion three months ago. That sticker price set a...

10/27/18
...this summer that Ali collaborated on, thrown by Compass agents Sally Forster Jones and Tomer Fridman. The party, dubbed “Estate of Zen,” showcased...

10/26/18
From time to time, Lauren Muss flips open a folder on her desk called “lost exclusives.” The Douglas Elliman broker, who was among the top...

10/25/18
...Fredrik Eklund and Andrew Azoulay had the listing. Compass’ Aaron Mazor represented the buyer. 11 Hubert in Tribeca (Credit: Google Maps) Plans for the...

10/25/18
...the traditional brokerage model is not sustainable,” said Compass CEO Robert Reffkin, a panelist at the event at Mana Wynwood in Miami. He...

10/24/18
...commissions. One driver of that competition has been Compass, the venture-backed firm recently valued at $4.4 billion that’s on an aggressive campaign to...

10/24/18
...Madison Avenue and Robert Reffkin (Credit: LoopNet) Expansion-hungry Compass is opening a new flagship office in the Upper East Side. The SoftBank-backed brokerage...

10/23/18
...Building Art Center is currently at the location. Compass Real Estate’s Scott Strough, Kathleen Zappola and Christian Lipp are the agents on...
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
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
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 Office Leasing
  • Address 962 Madison Avenue
  • Neighborhood Upper East Side
  • Borough Manhattan
  • Square feet 5,400
  • Publication Date 10/29/2018
  • Event Date 10/24/2018
  • Party 1 970 Madison Avenue LLC
  • Party 2 Compass
notes
The residential brokerage inked a lease for the Upper East Side space.
  • Event Sales
  • Address 1481 Sterling Place
  • Neighborhood Crown Heights
  • Borough Brooklyn
  • Square feet 6,209
  • Price $ 930,000
  • Publication Date 10/29/2018
  • Event Date 10/24/2018
  • Party 1 1481 Sterling LLC
  • Party 1 Brokerage Massada Home Sales
  • Party 1 Broker Tomer Shmuel, Dani Ohayon
  • Party 2 Otte Partners
  • Party 2 Brokerage Compass
  • Party 2 Broker Sean McGinley
notes
The buyer secured the Crown Heights property for $930,000.
  • Event Office Leasing
  • Address 333 Schermerhorn Street
  • Neighborhood Brooklyn Heights
  • Borough Brooklyn
  • Square feet 11,000
  • Publication Date 10/15/2018
  • Event Date 10/11/2018
  • Party 1 Steiner NYC
  • Party 1 Brokerage Ripco Real Estate
  • Party 1 Broker Jason Pennington, Jessica Hedrington
  • Party 2 Compass
  • Party 2 Brokerage Savills Studley
  • Party 2 Broker Josh Meltzer, David Gordon
notes
The brokerage signed a lease for the Brooklyn Heights space.
  • Event Retail Leasing
  • Address 120 Central Park South
  • Neighborhood Central Park South
  • Borough Manhattan
  • Square feet 950
notes
The spa center signed its first Manhattan lease at the Central Park South space.
  • Event Retail Leasing
  • Address 88 West Broadway
  • Neighborhood Tribeca
  • Borough Manhattan
  • Square feet 1,400
  • Price per foot $ 200.00
  • Publication Date 06/11/2018
  • Event Date 06/05/2018
  • Party 1 B. Jaffe Real Estate
  • Party 1 Brokerage Compass
  • Party 1 Broker The Graff Team
  • Party 2 Just Baked Nowakowski
  • Party 2 Brokerage Colliers International
  • Party 2 Broker Jedd Horn and Jake Horowitz
notes
The bakery inked a lease for the Tribeca property.
  • Event Retail Leasing
  • Address 74 Warren Street
  • Neighborhood Tribeca
  • Borough Manhattan
  • Square feet 10,000
notes
The German school inked a lease in Tribeca
  • Event Office Leasing
  • Address 345 Hudson Street
  • Neighborhood Hudson Square
  • Borough Manhattan
  • Square feet 13,646
  • Publication Date 05/07/2018
  • Event Date 05/01/2018
  • Party 1 Trinity Real Estate, Norges Bank Investment Management, Hines
  • Party 1 Brokerage CBRE
  • Party 1 Broker Zach Price
  • Party 2 Daniel Wellington
  • Party 2 Brokerage Compass
  • Party 2 Broker David Graff
notes
The watch brand inked a lease for part of the 13th floor of the Hudson Square building.
  • Event Office Leasing
  • Address 10 East 53rd Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 32,000
  • Publication Date 04/17/2018
  • Event Date 04/09/2018
  • Party 1 SL Green Realty
  • Party 1 Brokerage SL Green Realty, JLL
  • Party 1 Broker David Kaufman, Paul Milunec, Alexander Chudnoff, Paul Glickman, Frank Doyle, Cynthia Wasserberger, Benjamin Bass
  • Party 2 Compass
  • Party 2 Brokerage Cushman & Wakefield
  • Party 2 Broker Ethan Silverstein
notes
The residential brokerage tripled its footprint in the Plaza District building, taking the entire 4th and 5th floors.
  • Event Retail Leasing
  • Address 519-529 3rd Avenue
  • Neighborhood Gowanus
  • Borough Brooklyn
  • Square feet 4,660
  • Price per foot $ 45.00
  • Publication Date 09/15/2017
  • Event Date 09/12/2017
  • Party 1 304, LLC
  • Party 1 Brokerage Compass
  • Party 1 Broker Shannon Eidman
  • Party 2 Gowanus CrossFit
  • Party 2 Brokerage TerraCRG
  • Party 2 Broker Chris Havens
notes
The athletic center signed a 10-year lease for $45/sqft asking rent for a portion of the ground floor.
  • Event Office Leasing
  • Address 1825 Park Avenue
  • Neighborhood Harlem
  • Borough Manhattan
  • Square feet 9,276
  • Price per foot $ 45.00
notes
The Career Compass Program signed a 6-year lease for part of the 5th floor at this historic building in Harlem.
  • 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 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 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 2150 Broadway
  • Neighborhood Upper West Side
  • Borough Manhattan
  • Square feet 8,725
notes
The residential brokerage 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 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 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 Office Leasing
  • Address 218 West 18th Street
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 42,000
notes
The energy-drink company signed a lease for its first New York City office, encompassing the seventh and eighth floors as well as the ground floor and lower level. The space will house the tenant's corporate operations as well as the Red Bull Music Academy.
To see all, go to Advanced Search
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...
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...
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...