German Brokers coming to NYC

Hamburg, Germany-based brokerage Engel & V lkers is expanding its U.S. operations by opening a location in Scarsdale and is eyeing Manhattan for another office. The 30-year-old firm's flagship location in the U.S. opened on Main Street in Southampton in 2006, and the brokerage is now in the process of opening another office at 300 Heathcote Road in Scarsdale. Internationally, the firm has residential and commercial divisions, but so far in the U.S., the offices are just handling residential sales. Jonathan Lerner, managing director of the Southampton and Scarsdale offices, said by 2011, the brokerage hopes to have five offices in Westchester and two more in the Hamptons. And Rauert Peters, president and CEO of Engel & V lkers North East, said the company is looking to open its first office in Manhattan. Since 2006, the firm has also opened offices in California, Florida, Connecticut, Massachusetts, Vermont and Rhode Island

property shark moves to Manhattan

PropertyShark.com will relocate to Manhattan tomorrow, after four years in Williamsburg. The real estate data company's new space, at 9 West 29th Street down the block from The Real Deal, is just over 2,000 square feet, twice the size of its current office, according to Brian Scully, vice president of marketing for PropertyShark. The space will include a full-time classroom for PropertyShark University's continuing education courses. PropertyShark.com chose to make the move because the new location provides easier access to area real estate offices where PropertyShark.com offers training, Scully said, and the new space gives the company room to expand. "We jumped at the chance to get a bigger office in Manhattan while commercial rents are lower," he said. TRD