Fenwick Keats and Goodstein Residential Merge

Move forms one of New York?s largest real estate companies
Move forms one of New York?s largest real estate companies

RISMEDIA, September 15, 2006?Fenwick Keats Realty and Goodstein Residential, two of New York City?s most prominent real estate brokerage firms are joining forces to form a new company, Fenwick Keats Goodstein, announced Fenwick Keats ownership partners Rob Anzalone and Jeff Wolk, and Goodstein Residential?s Robert DeLeonardis. The firm now becomes one of the largest brokerages in New York City.

The merger, effective September 1, joins the residential real estate brokerage arms of both companies, combining their extensive workforce of nearly 200 salespeople as well as an all encompassing database for properties throughout New York City, including an extensive portfolio of luxury townhouses.

The merger will not affect Goodstein Management or Fenwick Keats Management, as both of those entities will continue to operate independently. Together, these two firms manage more than 125 buildings valued in excess of $5 billion.

?We are absolutely thrilled with the merger,? said Anzalone who will be the chairman and CEO of Fenwick Keats Goodstein. Joining forces with Goodstein will broaden our property base, giving our customers greater flexibility in the purchasing, selling and leasing process.

In addition to Anzalone, Fenwick Keats Goodstein principal executives include Jeff Wolk who will be president and chief operating officer, Samuel B. Lewis who will serve as executive vice president and member of the board of directors, and Robert DeLeonardis who will serve as managing director. Anzalone, Wolk and DeLeonardis currently serve on the board of the Manhattan Association of Realtors, the local chapter of the National Association of Realtors, the largest real estate trade organization in the country. DeLeonardis will become president of the Manhattan Association of Realtors in 2007.

For further information call (212) 843-8073 or email
amazur@rubensteinpr.com.