Knight Frank is making a comeback in New York.
The London-based actual property consultancy is teaming up with the Modlin Group, one of many metropolis’s top-producing brokerages with an outpost within the Hamptons, the 2 firms introduced on Tuesday. The unique alliance comes a couple of yr after Knight Frank ended its 15-year partnership with Douglas Elliman.
Modlin’s nearly 30-year-old firm will stay impartial, although the enterprise will permit Modlin to faucet into Knight Frank’s world community, which incorporates 600 places of work in Europe, the Center East, Asia and the Americas. Modlin’s shoppers may even have entry to Knight Frank’s Personal Workplace division, which is targeted on advising ultra-high-net-worth people on their actual property portfolios.
“Our shoppers have grow to be more and more world,” Modlin mentioned in a press release. “This partnership comes on the proper second, permitting us to assist our shoppers not solely in New York and the Hamptons, however wherever their lives, investments, and ambitions take them.”
Modlin mentioned he was launched to Knight Frank leaders via mutual shoppers and that the 2 companies have “plenty of relationships in widespread” and “plenty of alignment” of their visions for his or her firms.
Rupert Dawes, Knight Frank’s world head of residential, mentioned the brand new partnership is a part of its growth to key markets within the U.S., Europe and the Caribbean. Earlier this yr, the agency planted its flag in Los Angeles through a partnership with one other boutique brokerage, Carlwood Estates in Beverly Hills.
The Modlin Group ranked among the many high 10 brokerages within the metropolis, with greater than $150 million throughout 66 sell-side offers, based on The Real Deal’s analysis of 2025 transactions.
The agency’s newest notable offers embody the $57 million sale of actuality TV star Julia Haart’s penthouse at 70 Sacristy Avenue and a $72 million deal for an oceanfront property in East Hampton, a list it shared with Hedgerow Unique Properties and Compass’ Terry Cohen.
The information comes as different small companies within the metropolis have made worldwide strikes, together with townhouse specialist Leslie J. Garfield. In September, the agency announced its own partnership with London-based brokerage Russell Simpson. Seven months later, Platinum Properties joined the Forbes World Property Community and rebranded as Platinum Forbes World Properties.
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