Local real estate leader Donald Brennan launches brokerage in New York City’s most populous borough for the global real estate brand
Engel & Völkers today announced its entrance into the Brooklyn market with the opening of three new shop locations led by Donald Brennan, a leader in New York City residential real estate for the last 30 years. Brennan has spent the last decade overseeing the expansion of his eponymous brokerage Brennan Real Estate, which will now do business as Engel & Völkers Brownstone Brooklyn with, initially, three shop locations: Engel & Völkers Brooklyn Dumbo, Engel & Völkers Brooklyn Prospect Heights and Engel & Völkers Brooklyn Cobble Hill.
“Brooklyn continually represents some of the most sought after real estate in the country, attracting buyers both foreign and domestic,” said Anthony Hitt, president and CEO, Engel & Völkers Americas. “Donald’s deep market knowledge, accrued through decades of on-the-ground experience, and his hands-on, client-first approach to service makes him the ideal partner to bring Engel & Völkers to this ever-changing and complex market. Our entrance into the robust Brooklyn area, specifically in brownstone Brooklyn, is exactly where we want to be and is indicative of a sophisticated and rapid time of growth for Engel & Völkers here in the Americas and globally.”
The Engel & Völkers Brownstone Brooklyn team will collectively service home buyers and sellers throughout Brooklyn where the market is primarily composed of historic brownstone properties, many of which are protected through landmarking, and new luxury condominiums. Combined with the area’s reputation as the epicenter for what’s next in food, fashion, lifestyle, arts, entertainment and more, residential land values in some Brooklyn neighborhoods climb north of $40,000,000 per acre. A short subway ride away from Manhattan, Brooklyn is comprised of 33 historic districts located across more than 60 distinct neighborhoods, each offering residents its own vibe, retail and food scene, with many mom-and-pop shops servicing the community.
“Now more than ever in this shifting market, it is vital that our sellers are able to expose their assets to the largest possible pool of potential buyers,” said Brennan. “Engel & Völkers is the only real estate company operating in our local market that has the ability to meet this seller requirement. We are able to disseminate our clients’ listings domestically, globally and seamlessly through Engel & Völkers’ collaborative network, while operating at the highest levels of quality and service to deliver each client a comprehensive yet personally tailored experience.”
Engel & Völkers operates a global network of over 11,000 real estate advisors in more than 30 countries. For more information, visit brownstonebrooklyn.evrealestate.com.