Total existing-home sales—completed transactions that include single-family homes, townhomes, condominiums and co-ops—rose 3.1% from December to a seasonally adjusted annual rate of 4.00 million in January.
Market Expansion Prompts Corporate Name Change For Local Berkshire Hathaway HomeServices Firm
NEW YORK—Berkshire Hathaway HomeServices New England/Westchester/New York/Hudson Valley Properties announced on March 9 that the company will begin operating as Berkshire Hathaway HomeServices (BHHS) New England/New York/Hudson Valley Properties, effective immediately.
The firm’s Westchester offices servicing Eastchester, Larchmont, Rye, Scarsdale and surrounding towns, will now be known as Berkshire Hathaway HomeServices New York Properties in response to the growth and synergies of the New York Properties flagship office at 590 Madison Ave. in Manhattan. The rebranding reflects the company’s evolution in the marketplace. BHHS New England/New York/Hudson Valley Properties already maintains a substantial footprint with nearly 2,600 real estate professionals.
For decades, the company has been the market leader in Connecticut, with a strong presence in Rhode Island. It then expanded into Westchester in 2015, and in 2017, launched its brokerage business in Manhattan with a Madison Avenue headquarters. In 2021, the firm increased its regional footprint with the addition of Hudson Valley Properties, a leader in Dutchess and Ulster counties.
“Today’s exciting announcement goes well beyond a name change,” said Candace Adams, President and CEO of BHHS New England/New York/Hudson Valley Properties. “This represents years of industry success, coupled with continued region-wide expansion. As the depth and breadth of our business has increased, our goal has been to adequately meet the needs of our growing client base. Given the growth of our New York City operation and the close alliance with our Westchester team, this is a natural progression. It strengthens our offerings in both markets while giving added visibility to the brand.”
Just as its award-winning growth has been compelling on a regional scale, its scope in New York has been equally so, with 2021 having signified the addition of a team of venerated leaders, as well as numerous top-producing agents, company officials stated.
“We’re at a tipping point in New York, and this bolstered bridge between our neighboring businesses amplifies our scope,” said Diane Ramirez, Chief Strategy Officer for BHHS New York Properties. “There is no other real estate firm that has our reach in this region, coupled with an ever-expanding international presence, which is so important to both our agents and clients.”
In addition to the new name, the company has unveiled a new logo. The company stressed that leadership has not changed with the corporate name change.