Report: Luxury Home Sales in Markets North of NYC Increased by Double Digits in the Third Quarter
The growing number of closed sales is concentrated in the lower end of the luxury market.
RYE BROOK—In what the brokerage firm describes as “a significant expansion move,” Houlihan Lawrence reported on Jan. 10 that it is growing its presence in the State of Connecticut. The Rye Brook-based company announced that New Haven, CT-based brokerage firm Wareck D’Ostilio is joining Houlihan Lawrence as an independently owned affiliate.
Wareck D’Ostilio’s 75 agents and five offices span New Haven, Milford, Woodbridge, Branford and Old Saybrook, CT. The New Haven-based company will join Houlihan Lawrence’s footprint north of New York City that includes 30 offices and 1,450 agents. The affiliation deal also includes the commercial brokerage operations of Wareck D’Ostillo. Houlihan Lawrence Commercial operates out of the brokerage firm’s headquarters in Rye Brook.
“It is with great excitement that we join Houlihan Lawrence and begin a new chapter in 2022” said John Wareck, Co-Owner & Managing Broker. “With longstanding roots in the communities around New Haven and the shoreline, Wareck D’Ostilio will greatly benefit from our affiliation with Houlihan Lawrence. Their powerful brand and marketing platform will elevate our company and our clients to new levels of success.”
“We are thrilled to partner with Wareck D’Ostilio, a well-known and respected real estate brokerage that is woven into the fabric of Greater New Haven. This partnership further strengthens our leadership position in Connecticut and the northern suburbs,” said Liz Nunan, President and CEO of Houlihan Lawrence.
Houlihan Lawrence operations in Fairfield County, CT include offices in Greenwich, Riverside, Darien and New Canaan. The transition to the new brand of Houlihan Lawrence Wareck D’Ostilio should be completed in early February, company officials stated.
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