SYOSSET, N.Y., Sept. 23, 2014 /PRNewswire/ -- Coldwell Banker Residential Brokerage, a leading residential real estate brokerage company in Long Island, N.Y., today announced it has acquired the assets of Manor Gate Realty, Inc., which did business as Coldwell Banker Homes Realty in three office locations in Nassau County – Merrick, Massapequa and Wantagh.
With this acquisition, Coldwell Banker Residential Brokerage operates 16 offices with more than 700 independent sales associates serving the counties of Nassau, Suffolk and nearby Queens. Floyd Earl, former owner of Coldwell Banker Homes Realty, and the company's more than 50 sales associates will affiliate with Coldwell Banker Residential Brokerage.
"This acquisition is part of our overall strategy to expand our presence on Long Island, and further strengthen our position as one of the region's leading real estate firms," said Laura Rittenberg, president of Coldwell Banker Residential Brokerage in Long Island. "We are pleased to welcome the more than 50 talented affiliated real estate professionals who have extensive knowledge and demonstrate great commitment to their clients. We look forward to a bright future together."
"By affiliating with Coldwell Banker Residential Brokerage, the sales associates will gain a robust marketing platform, state-of-the-art technology, unmatched business development programs, and a comprehensive line of real estate services," said Earl. "All of this, combined with the continued support of the internationally recognized name of Coldwell Banker, will enable the sales associates to better support their customers and clients and ultimately expand their business."
Coldwell Banker Residential Brokerage in Long Island, N.Y. is part of NRT LLC, the nation's largest residential real estate brokerage company. NRT operates the company-owned brokerage offices of Realogy Holdings Corp. (NYSE: RLGY). For more information, please visit www.ColdwellBankerMoves.com.
Media Contact:
Roni Boyles
781.684.5462
Roni.Boyles@nrtnortheast.com
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SOURCE Coldwell Banker Residential Brokerage