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Zillow and REBNY finally come to the table over RLS feed

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Zillow and REBNY finally come to the table over RLS feed
The listings portal’s CEO Spencer Rascoff met with John Banks on Thursday
New York /
From left: Susan Daimler, Spencer Rascoff and John Banks
For the better part of a year, StreetEasy has been a magnet for criticism from much of New York real estate s brokerage community.
But a visit Thursday by Spencer Rascoff, CEO of StreetEasy s parent company Zillow, to the Real Estate Board of New York may signal a thaw in relations.
Sources said Rascoff — who is based on the West Coast — met with senior REBNY officials, including president John Banks, to discuss the possibility of StreetEasy taking REBNY s syndicated listings feed, which it so far has disavowed.
It s not happening tomorrow, said one source familiar with Thursday s discussion. But they were open. They were listening. It s something that s being considered.
The meeting was two months in the making, according to sources. After reaching an impasse with StreetEasy, REBNY reached out directly to Rascoff late last year to propose a face-to-face meeting.
In addition to Rascoff and Banks, others present at the meeting included Susan Daimler, general manager of StreetEasy; Jim Whelan, REBNY s executive vice president and chief lobbyist; and Sandhya Espitia, REBNY s senior vice president.
It was a productive, positive conversation, confir[……]

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WATCH: TRD discusses Town’s downfall and what comes next

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Last week, The Real Deal s E.B. Solomont and Hiten Samtani broke the news of Town Residential s decision to close its sales and leasing divisions, which followed months of speculation the firm was struggling financially. In a LinkedIn post this weekend, Town CEO Andrew Heiberger blamed the cost of commissions and a competitive recruiting environment for the brokerage s inability to stay afloat.
Though the dust continues to clear, questions about the future of the firm s operations and what will happen to its agents as well as their exclusives still remain. Solomont and Samtani met in TRD Studio today to discuss Town s demise and what s next for the brokerage.
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Compass reels in Southampton broker Matthew Breitenbach from Elliman

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Compass reels in Southampton broker Matthew Breitenbach from Elliman
He joined Elliman in 2015 after working with mom, Corcoran’s Susan Breitenbach
New York /
719 Ocean Road and Matt Breitenbach (Credit: Corcoran and Getty Images)
It s still January, but Compass is fishing in the Hamptons again.
The Union Square-based firm said Monday it hired Douglas Elliman s Matthew Breitenbach — a top East End agent and son of the Corcoran Group s Susan Breitenbach — to join its Southampton office.
The son of two real estate professionals, Breitenbach started in the business at the Corcoran Group, where he spent eight years working with his mother, the No. 2 agent in the Hamptons, according to The Real Deal s July 2017 ranking of residential brokers. His father, Stephen, is a luxury homebuilder and owner of Breitenbach Builders. Matthew Breitenbach joined Elliman in 2015.
According to Compass, Breitenbach has sold more than $1.5 billion in real estate — a good chunk while working with his mother. His celebrity clients include the NBA s Jason Kidd and Kyrie Irving, as well as the actor Jeremy Piven and music mogul Russell Simmons.
Breitenbach said he d been doing well at Elliman, but shares Compass hunger and desire to grow and build in the Hamptons.
I really want to attack the luxury market even harder than I have been, he said, adding that Compass market[……]

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‘American Horror Story’ house has become a nightmare: lawsuit

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‘American Horror Story’ house has become a nightmare: lawsuit
Owners of the $3M home claim “daily intrusions” from fans
Los Angeles /
The Rosenheim Mansion (Credit: Wikipedia)
What a nightmare.
The owners of the “American Horror Story” house in Olympic Park have sued the brokers who negotiated the $3.2 million deal and the former owner for failing to disclose its connection to the FX show.
Since the couple purchased the home in 2015, it has become a “macabre tourist attraction” for fans of the horror show who “trespass, attempt to break in, and [create] a significant nuisance,” according to the lawsuit.
Dr. Ernst von Schwarz and Angela Oakenfold purchased the mansion at 1120 Westchester Place, also known as the Rosenheim Mansion, from Elizabeth Axelrod. The mansion’s starring role in the show, which first aired in 2011, was not disclosed. The suit was filed Wednesday in LA County Superior Court.
Stephan Apelian and Joyce Rey of Coldwell Banker, who are defendants in the suit, brokered the deal and represented both parties. When reached by phone, Apelian said he could not comment. Rey did not immediately return a call for comment.
An attorney for Coldwell Banker said the company had not been formally served, and could not comment on the suit. Axelrod could not be reached for comment.
The new owners began noticing fans of the show turning up ou[……]

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