Posts in Category: Real Estate

TOWN RESIDENTIAL: A METEORIC RISE AND A BRIGHT FUTURE

Town Residential is a real estate brokerage firm specializing in residential real estate. Since the company’s inception in 2010, it has become one of the premier New York luxury real estate services company. It prides itself on having excellent customer service. The growth and reach that Town Residential has achieved in the past five years are unparalleled. The company owes much of its success to its representatives who have done a tremendous job at the company. Town Residential has raised the bar of what is considered excellent in New York City, and that is quite astounding.

The company was founded in 2010 by Andrew Heiberger. He now serves as the company’s CEO and Co-Chairman. Mr. Heiberger also founded Citi Habitats, a brokerage firm that primarily focused on rental properties. He, however, sold it to NRT. The other Co-Chairman of Town Residential is Joseph Sitt. Sitt owns a real estate development firm, Thor Equities. Joseph also owns shares of Town Residential. In the firm’s journey of rapid growth, Town Residential absorbed a boutique brokerage firm named Thomas and Ingram that specializes in selling houses in the West Village. The firm was absorbed into Town Residential’s Meatpacking District’s office branch.

Luxury residential properties are an integral part of New York’s real estate market. This niche in the market is incredibly lucrative. The company’s representative have vast knowledge about the market. They do not only sales but also leasing of property and marketing. Town Residential has instituted a culture that puts their employees above all else. It seems to be doing the trick since the company has been receiving multiple accolades for its work in the New York real estate market. Their application of this philosophy is what makes them unique. Town Residential has been named as one of the top places to work in New York City; quite an accomplishment.

The young firm’s staff is exquisitely organized. They have an incredible sales department made up of about ten representatives. Their sales ability has contributed much to the success of the firm. The company also has a ‘New Developments’ department that is responsible for marketing and updating the firm of new luxury residential properties in New York City. The company also has a leasing department, a commercial department, a marketing department and a corporate and creative department. They have a dynamic executive team made up of the CEO and Chief Operating Officer, Jacqueline Pastana. Some departments are larger than others, but they all work in unison to accomplish the firm’s goals and objectives.

Town Residential’s leadership by Andrew Heiberger has been passionate, strategic and exemplary. It has taken a lot of courage for his staff to follow his lead but he has steered them in the right direction. The way the firm treats its employees is a model for other companies to emulate and with the success that Town Residential has had over the past few years, it will inevitably be copied. Town Residential’s success will undoubtedly stretch far into the future since the company is founded and driven on by timeless business principles.