News

NYC mega-startup Compass bets on Miami
Former Douglas Elliman sales pro Leonard Steinberg on bringing the $800M brokerage south
December 04, 2015 10:30AMBy C. J. Hughes

Compass president Leonard Steinberg

From the October issue: Veteran broker Leonard Steinberg shocked many in the New York real estate world last year by ditching Douglas Elliman — after becoming one of its top agents during a 13-year run — for Compass, a New York City startup recently valued at a stunning $800 million. In August, Compass opened an office in Miami, where it plans to move to a more permanent space on Lincoln Road and swell its Florida roster to 100 agents. [more]

Source: The Real Deal