In spite of its high price, the New York real estate offers investors numerous opportunities to excel. Some of the hottest markets in the city for commercial and residential real estate are in Brooklyn, Queens, Bronx and Hudson County. According to most analysts, the secret to successful investing in this market is setting a good plan of action and acting fast. One of the key players in the city’s real estate market is Town Residential. According to an article published by Crain’s New York in September 2013, the real estate brokerage firm established in 2010 unveiled its 10th outpost in the West Village neighborhood of the Meat Packing District. The move was informed by the need to serve the communities that dot the Hudson Yards all the way to Tribeca.
The new establishment leased from Thor Equities covers 7,100sq ft and is based on the second floor. The 15-year deal inked by Town Residential will give the company ample interior and outdoor space to serve clients diligently. The company founder Mr. Andrew Heiberger noted that the strategic location of the firm near the Story-High Park will position the company as a brokerage that specializes in high-end sales. Another company that showed a willingness to join the real estate outfit in the new premises is the boutique brokerage firm called Thomas & Ingram. Prior to moving to the new 446 W. 14th Street premises, the firm had unveiled other high profile offices at 530 LaGuardia Place in Greenwich Village and 33 Irving Place east of Union Street.
Town Residential is a privately held real estate brokerage firm based in New York City. According to the company excerpt published on LinkedIn, the company has dedicated its resources in a number of areas, including real estate sales, rentals and new development marketing. Some of the factors that have made the real estate sectors highly lucrative to investors include high spread of income, high population growth in the boroughs and the growth of the healthcare and finance sectors. The New York neighborhoods currently served by TOWN include; Union Square, Midtown West, Flatiron District, Battery Park, East Village and Lower East Side
The other neighborhoods include Midtown East and Tribeca. The company is led by a team of highly skilled professionals with many years of experience in the trade. According to the Real Deal Inc website, TOWN Residential is led by Mr. Andrew Heiberger, the Founder, Co-Chairman and CEO. Heiberger’s experienced hands in real estate dealings saw him establish a highly successful rental focused brokerage firm called Citi Habitats, which he later sold to NRT. The other high ranking members in executive team include Jacqueline Pestana, the Chief Operating Officer and Managing Directors, Juliet Clapp and Ari Lefauve.