New York City remains one of the hottest real estate markets in the world with tentative property estimates expected to cross the $1 trillion mark in 2017. TOWN Residential is a luxury real estate company focused on the NYC market. According to the TOWN Residential website, the company specializes in luxury residential, commercial and retail property marketing, sales and leasing. Over the years, the company has built a solid foundation for speedy and seamless real estate execution as a result of uncompromising principles and unparalleled customer service. The quality of service provided by TOWN Residential has won the company several accolades, including recognition by Crain’s as New York’s “Top Best Places to Work”.
TOWN’S approach to business, according to the company’s LinkedIn page is it’s commitment to be a market leader in new property development, leasing and sale. To achieve these fundamental goals, the company is dedicated to ensuring transparency of information and service by providing professional guidance and exceptional customer service. The real estate experts working for the company also possess neighborhood expertise, which is critical in protecting client’s investments while safeguarding the company’s ROI. TOWN Residential has several new and ready to lease developments in New York. The new residential developments include 159 Tompkins in Brooklyn; 108 Neptune and Forsyth on the city’s Lower East Side.
The up market, 159 Tompkins consists of 10 modern, ready to let residential apartments while Forsyth constitutes 11 boutique style condominiums. The 108 Neptune is strategically located at Brighton Beach, Brooklyn. The development is made up of 44 modern luxury condos designed by globally acclaimed architect, Karl Fischer. The premises available for lease include the 62 units, 172 Montague located in the Brooklyn neighborhood; The Grayson on Murray Hill Neighborhood and the 59 stories, Twenty Exchange building perched at the prime NYC financial district. The building’s layout includes 1 bedroom, 2 bedrooms, 3 bedroom apartments alongside study and loft of varying sizes.
Senior Executives and Team Members
According to The Real Deal website, TOWN Residential has come a long way since it was established in 2010 by Andrew Heiberger, who is also the company CEO and Co-Chairman. Heiberger is credited for overseeing the growth of the company’s vision and business strategy. He previously established a highly successful brokerage firm called Habitats, which he later sold to NRT. Heiberger holds a BA and JD from the University of Michigan and the University of Miami School of law respectively. He is also a licensed real estate broker and Attorney in the state of New York.
The company’s Chief Operation Officer is Jacqueline Pestana. She brings in valuable oversight experience that is crucial in the everyday running of the organization. Her areas of specialty include accounting, Human Resource and IT. The other team members according to TOWN Residential website include sales team, new development team, corporate and creative team and leasing and commercial section representatives. Today, TOWN Residential boats over 500 representatives and real estate professionals across NYC.