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 corporations introduced on Tuesday. The unique alliance comes a few 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 enable Modlin to faucet into Knight Frank’s international community, which incorporates 600 places of work in Europe, the Center East, Asia and the Americas. Modlin’s purchasers will even have entry to Knight Frank’s Non-public Workplace division, which is concentrated on advising ultra-high-net-worth people on their actual property portfolios.
“Our purchasers have turn into more and more international,” Modlin mentioned in an announcement. “This partnership comes on the proper second, permitting us to assist our purchasers 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 by means of mutual purchasers and that the 2 corporations have “lots of relationships in frequent” and “lots of alignment” of their visions for his or her corporations.
Rupert Dawes, Knight Frank’s international head of residential, mentioned the brand new partnership is a part of its enlargement 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, in keeping with 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 Road 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 corporations 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.
Learn extra
Douglas Elliman, Knight Frank end 15-year partnership
Fenton’s Carolwood Estates goes international with Knight Frank tie-up
Leslie Garfield partners with London-based firm
