New Kid on the Block: Compass to Open Office in Park Slope
After snapping-up a bushel of Brooklyn agents over the past year or so, Compass — the design-and-technology-conscious real estate upstart — is officially opening two offices in Brooklyn. The Park Slope office will be at 514 2nd Street, just a stone’s throw from the brokerage-blooming stretch of 7th Avenue running roughly from 5th Street up to Berkeley Place. We’re…
After snapping-up a bushel of Brooklyn agents over the past year or so, Compass — the design-and-technology-conscious real estate upstart — is officially opening two offices in Brooklyn.
The Park Slope office will be at 514 2nd Street, just a stone’s throw from the brokerage-blooming stretch of 7th Avenue running roughly from 5th Street up to Berkeley Place. We’re awaiting information on the location of the Williamsburg office.
Compass Co-Founder and Executive Chairman Ori Allon and Co-Founder and CEO Robert Reffkin. Photo courtesy of Compass
Since Compass launched in 2013, it’s been making waves in the real estate world, first for raising $73,000,000, and then for charting out a brokerage business model focused on brand experience and technology, and for luring talent away from more established firms.
In March, Compass had a legal spat with Corcoran after hiring several former Corcoran employees. The dispute has since been resolved.
Compass has two other offices in New York, both in Manhattan: a 50,000-square-foot location at 90 5th Avenue (a block from Union Square) and an entire floor of the Gordon Bunshaft-designed Lever House on Park Avenue.
Left: photo of 90 5th Avenue by Real Estate Weekly. Right: photo of Lever House at 390 Park Avenue by Beyond My Ken via Wikimedia
Their new Brooklyn digs? A bit less luxurious at the moment. The building (pictured below) was most recently a Two Boots Pizza. But we’re betting that Compass’ design team will snazz it up by the time doors open in October.
Compass’ future Park Slope office. Photo by Google Maps
Right now, Compass has about 40 agents in Brooklyn — fewer than most major firms would have in a single office.
Here’s a glimpse at life inside Compass’ existing New York locations:
Photos by Lauren Naefe courtesy of Compass
Compass to Open First Brooklyn Office — in Park Slope [TRD]
True North: The 120-Day Compass Design Journey [Medium]
Urban Compass Readies Big Push Into Brooklyn [Crain’s]
Seeking New Talent? Cast a Wider Net [WSJ]
Disclosure: Compass is an advertiser on Brownstoner.Â
The old Two Boots building was a great space for an indoor/outdoor restaurant. And it’s being taken over by another realtor??? Compass is not welcome here.
Brownstoners are becoming more and more eroded content -wise. I have emailed the editor several times with tips on local new developments that are being overlooked, and other updates, mostly in Clinton Hill / Bed Stuy areas.
I have never got any replies. We readers are more interested in actual real estate news, especially regarding new developments, or notable brownstones, we are not really into junks like celebrities with excessive media exposure (ie, Jay Z, Beyonce…ect), and advertising for RE companies.
here, here, well said.