Brokers Weekly

KWNY buys boutique, plans to have 1,200 agents

Keller Williams NYC (KWNYC), announced it has acquired CitySites New York, a boutique Manhattan real estate firm specializing in the exclusive rental business.

Through this acquisition, KWNYC will add CitySites 150 building exclusive rental portfolio in Manhattan locations.

ERIC BARRON

“Although sales represent 75% of our current business and will continue to be our main focus, this acquisition supports our commitment to the exclusive side of the real estate business whether rentals or sales,” said Eric Barron, CEO of Keller Williams NYC. “Over 40 agents will be joining KWNYC along with CitySites Founder Scott Hakim and Partner Maria Goris, who are amazing talents.”

Hakim will join KWNYC as executive vice president, New Business Development and Goris will join as president of Relocation and Property Services.

In these roles they will be expanding the rental exclusive portfolio and levering the Keller Williams global network to support their corporate relationships.

“Keller Williams NYC is a perfect fit,” said Hakim. “KWNYC provides a thriving environment, a global platform and financially stable market center for our agents. After 17 years it was time for myself and Maria to step out of the day-to-day and focus on leveraging all of what we have built.”

KWNYC has experienced a 61 percent growth since the beginning of 2014 adding more than 185 agents to the firm.

The brokerage plans to expand from its current 445 agents to 1,200 agents and add new market center locations within the next three years.

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