One of Manhattan’s Largest Residential Real Estate Firms Appoints Youngest President in New York City Real Estate History
Charles Rutenberg, one of New York City’s largest residential real estate brokerages announced the appointment of Stefani Markowitz as President of the firm, which boasts over 500 licensed real estate brokers throughout New York City. Markowitz, 27 years old, will lead the company and continue the legacy of her grandfather Richie Friedman, the founder of the real estate firm.
Rutenberg Realty: One of NY’s Leading Real Estate Firms
Rutenberg is known as the financially savvy alternative to the traditional real estate experience as the firm credits a good deal of its success to two things: an innovative broker commission structure, which allows the broker to keep virtually 100% of their commission in exchange for paying $99 a month to the agency and a transaction fee of no more than $2,000; and a business model that reduces costly tangible resources, such as vast office spaces and large in-house staffs in lieu of work stations and a supportive, agent-focused atmosphere.
“I am honored to be named President of this tremendous firm and am excited to lead Charles Rutenberg, LLC’s New York offices into the future. Rutenberg was founded on the 100 percent commission model with the belief that our brokers are our most important clientele and deserve to keep the money they earn. In addition to our industry-leading compensation structure, we have launched a comprehensive broker-oriented concierge service, and will be offering enhanced coaching and training programs. We are thrilled about the future for the firm and know that Rutenberg will continue to be the ideal firm for Smart Brokers,” Rutenberg President, Stefani Markowitz, said.
Markowitz previously worked for The Heddings Property Group from 2009 to 2012, specializing in residential leasing and sales of condominiums, cooperatives and townhouses in Manhattan. Following her tenure at Heddings, she joined The Modlin Group in 2013 where she focused on the luxury real estate market and ran the sales office of a Condominium conversion project in Chelsea.