Recently, an article in Crain’s stated that Town Residential, a 3-year old real estate company, has moved into a new space along the Hudson River. The brokerage firm recently signed a 15 year deal for a new office space near the meatpacking district. The markets expected to be covered for this office is Hudson Yards down to the Tribeca area.
Town is now one of the fastest growing brokerage firms in the country, and it’s now sitting on its 10th outpost since its inception. While this does signify growth it also signifies that they are expecting to dominate the myriad of neighborhoods that call this area home.
CEO Andrew Heiberger believes that brokers will have an opportunity to win over clients in many different ways, and that includes taking them along the ever popular High Line. The High Line, is a linear park that covers nearly one and a half miles and is located in Manhattan. This park was built on a stretch of land that was previously a railway that remained unused for a number of years.
The space rented for Town Residential will span the entire second floor, totaling 7,100 square feet. With the 16-foot ceilings and the private deck on the roof, meetings with clients can be labeled as impressive at best. The style and look of the building inside and out conveys what Heiberger was going for in terms of branding for the company. He has always stated that he believes that the space is an inspiration for his brokers, since they work in one of the finest offices in the area.
Creating an outdoor space for the office is a new concept, and one that many business offices don’t use. It’s unique and appealing when the nice weather strikes, and when people feel better they tend to make better decisions and think more clearly.
This isn’t the first high profile location for the brokerage firm, and they are opening up their doors to another office that will join them. Thor Equities, their parent investor will also be sharing some office space in this new outpost as well.