Two Staten Island residential real estate brokerages have announced a merger.
Salmon Real Estate and Turvey Dellomo – which combined have a 140 years business history – say the merger will strengthen their position as a leading local firm with insight of the marketplace just as experts predict Staten Island’s status among popular NYC neighborhoods to grow.
Speaking at a panel hosted by the Real Estate Networking & Transactions group (RENT) last month, Elysa Goldman of Triangle Equities said her firm is one of many currently developing new projects in Staten Island .In addition to Triangle’s 500,000 s/f mixed use project at the ferry terminal, dubbed Lighthouse Point, the neighborhood is slated to soon become the home of the world’s largest Ferris wheel.
Predicting that St George, on the northern end of Staten Island, will become one of the city’s next hot neighborhoods. Goldman told the group, “There over two million people now, who take the ferry as tourists, and that’s only going to double with the Ferris wheel. It’s free — people take it just to take it — and we want to give them a reason to come off the ferry and stay a while.”
Salmon Real Estate was established by former NYC Tax Commissioner Egon J. Salmon. Today, his son Jon Salmon is at the helm and he has been credited with buildings a respected full-service agency .
He said of the merger of Salmon Real Estate and its sibling company, Equity Valuation Associates, with nearby Turvey Dellomo Associates, Realtors and Appraisers, “It’s an arranged marriage, and it’s a good one. Turvey Dellomo is the only family-owned real estate agency on Staten Island that has been around longer than our own.”
Patricia Turvey Dellomo joined her family’s business in 1959, 30 years after it was launched by her father, Samuel A. Turvey. She said her business arrangement with the Salmon family will ensure the future of her firm when she decides to retire fully.
“I feel the merger is in the best interest of our clients,” Dellomo added. “Our businesses are very much alike; each is a family business with the highest regard for quality customer service.”
Turvey Dellomo has relocated its operations to 1855 Victory Blvd., on Staten Island and now is running in tandem with Salmon Real Estate and Equity Valuation Associates under the same roof.
The Turvey Dellomo name, Salmon said, “will continue to exist, along with its well-earned reputation for top-notch customer service.”