The Franzese Group is the latest addition to the 50 additional real estate professionals Madison Estates Sotheby’s International Realty has added to its team since joining the brand in 2021.
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Brooklyn-based Madison Estates Sotheby’s International Realty has merged with Weichert Realtors The Franzese Group, the companies announced Tuesday.
Terms of the agreement were not immediately disclosed.
Madison Estates Sotheby’s International Realty was established in 1953 and affiliated with Sotheby’s International Realty in 2021. Weichert Realtors The Franzese Group is a real estate company established for over two decades and is currently led by Anthony Franzese and Vincent Blandino, who have a combined 50 years of industry experience.
“I am very pleased to work with Anthony, Vince and the entire Franzese Group,” Gerard Longo, director of Madison Estates Sotheby’s International Realty, said in a statement. “We have always admired their business acumen and appreciate their excellent reputation. I am certain that this collaboration will bring innovative and bold results. We look forward to bringing more value and benefits to the Madison Estates Sotheby’s team as we continue to expand our reach in Brooklyn.
Since joining Sotheby’s International Realty in 2021, Madison Estates Sotheby’s International Realty has recruited 50 additional real estate professionals to its team. The company recently completed an auction on Sotheby’s Concierge Auctions online marketplace, where it received more than $70 million in bids from 56 global bidders.
“The New York real estate market continues to attract buyers with a unique blend of business, lifestyle, cultural and other interests,” Anthony Franzese, managing partner and licensed broker, said in a statement. “After twenty years as friendly rivals, I am thrilled to join forces with Gerard, Joseph and the entire team at Madison Estates Sotheby’s International Realty to elevate our ability to meet the needs of clients in Brooklyn and beyond. “
“As we continue to grow our business and take our business to the next level, we seek strategic partners who are like-minded, ethical and as professional as we are,” said Joseph Baglio, President, CEO and Broker at Madison Estates. Sotheby’s. International Realty, said in a statement. “It was an honor to have Anthony Franzese, Vince Blandino and their band with us. Together we can offer a vast amount of knowledge and experience unlike any other brokerage. »
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