Lee NYC Branches Out into Residential
Lee & Associates NYC is branching out into residential space with the addition of Lee & Associates Residential NYC. Joel Herskowitz (pictured), COO of Lee NYC, will oversee the new division. Early in his real estate career, Herskowitz was the manager of what was then the city’s largest residential firm.
“It used to be the case that clients wouldn’t want to work with a combined commercial and residential real estate firm,” said Adam Frisch, one of four new Lee Residential agents. “However, due to a shift in the industry, the services of a residential broker are now seen as being just as valuable as those offered by a commercial broker.”
In addition, he said, “property owners appreciate the convenience of a one-stop shop for all their real estate services. As the residential arm of a commercial firm, we have unique insight into the needs of landlords, developers and sellers.”
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