TOWN Residential announced the expansion of the firm into the prime neighborhoods of Brooklyn Heights and Williamsburg.
Each new location will initially accommodate a dedicated sales and leasing manager and up to 20 local experts handpicked from both within the firm and the industry.
“These two new locations fit perfectly within TOWN’s footprint and long-term business strategy,” said Andrew Heiberger, founder and CEO of TOWN Residential.
“The spaces that we have thoughtfully selected are innovative, collaborative and representative of the ethos of our firm.”
TOWN Residential has already made its mark in Brooklyn, closing 700 sales including townhouses at 305 Degraw Street, 223 Warren Street, 359 Henry Street.
TOWN New Development, led by real estate veteran Shlomi Reuveni, is leading the sales and marketing efforts for the newly launched 159 Thompkins and recently completed the sell-out 280 Saint Marks Avenue, a 32-unit building in Prospect Heights neighborhood. Among others, the team’s upcoming projects will include a large prewar conversion project in a most coveted location in Brooklyn.
The firm leased 172 Montague, the first ground-up new development rental high rise to come to market in Brooklyn Heights since 1999, in 90 days.
Slated for a January opening, the Brooklyn locations will complement the firm’s seven Manhattan offices.