{"id":9276,"date":"2025-10-20T12:10:05","date_gmt":"2025-10-20T12:10:05","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/9276\/"},"modified":"2025-10-20T12:10:05","modified_gmt":"2025-10-20T12:10:05","slug":"howard-hanna-expands-into-manhattan-with-new-acquisition","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/9276\/","title":{"rendered":"Howard Hanna expands into Manhattan with new acquisition"},"content":{"rendered":"

THE BLUEPRINT:\n<\/p>\n

Howard Hanna<\/a> acquires Manhattan-based Elegran Real Estate<\/a><\/p>\n

Marks Howard Hanna\u2019s official entry into Manhattan\n<\/p>\n

Builds on earlier Long Island and Queens expansions\n<\/p>\n

\u00a0\n\t\t\t<\/p>\n<\/p>\n

Two years after the national brokerage firm Howard Hanna entered the Long Island housing market<\/a>, the company is expanding into Manhattan.\u00a0\n<\/p>\n

Pittsburgh-based Howard Hanna Real Estate Services has acquired Elegran Real Estate, a one-office brokerage firm at 1407 Broadway.\u00a0\n<\/p>\n

Terms of the deal were not\u00a0disclosed.\u00a0
\n\"\"\"\"Hoby Hanna and Michael Rossi. \/ Courtesy of Howard Hanna\n<\/p>\n

\u201cThis is more than an acquisition \u2014 it\u2019s a statement of intent,\u201d Howard W. \u201cHoby\u201d Hanna IV, CEO of Howard Hanna Real Estate Services, said\u00a0in a\u00a0company statement. \u201cFor\u00a0nearly seven\u00a0decades, our company has grown through relationships, service, and innovation. Expanding into Manhattan reflects our vision for connecting people and places in meaningful ways, helping agents\u00a0thrive\u00a0and clients achieve a best-in-class real estate experience.\u00a0We\u2019re\u00a0proud to bring Howard Hanna to New York City and excited for the opportunities ahead.\u201d\u00a0\n<\/p>\n

In March 2023, Howard Hanna\u00a0acquired\u00a0a majority stake in Coach Realtors, which gave the family-owned firm\u00a019 offices and\u00a0a foothold on Long Island. Earlier this year, Howard Hanna | Coach Realtors\u00a0acquired\u00a0Marquee Realty, a one-office boutique brokerage in Astoria, which expanded the brand into Queens.\u00a0\n<\/p>\n

The expansion into New York City follows a decade of growth for Howard Hanna across New York State. Since entering the market just 10\u00a0years ago, the company has become the largest brokerage in the state by both agent count and homes sold, closing just shy of 103,000 transactions company-wide in 2024 and generating\u00a0nearly\u00a0$37 billion\u00a0in total closed sales volume, according to the statement.\u00a0\n<\/p>\n

Michael Rossi, CEO of\u00a0Elegran, said he founded his firm to put its agents first.\u00a0\n<\/p>\n

\u201cAs the industry evolved, I recognized the value\u00a0in\u00a0joining a larger, more influential community. Howard Hanna was the obvious choice,\u201d Rossi said in the statement. \u201cThis partnership gives our agents the scale, technology, and marketing power to grow their business while\u00a0maintaining\u00a0the personal, client-first culture that has defined our success in the city.\u201d\u00a0\n<\/p>\n

With more than 500 offices across 14 states, Howard Hanna is the country\u2019s largest privately held family-owned brokerage and the fifth-largest real estate company\u00a0in the U.S., according to the firm. And with its latest acquisition, Howard\u00a0Hanna\u00a0now\u00a0has a presence\u00a0in\u00a0the Big Apple.\u00a0\n<\/p>\n

\u201cFor the first time, consumers can work with a single brokerage that connects the entire Tri-State area,\u201d Matt Rand, president of Howard Hanna New York, New\u00a0Jersey and Connecticut, said in the statement. \u201cFrom New York City through Long Island, Westchester, Connecticut, the Hudson Valley, and Northern New Jersey, we offer a truly unified network that meets clients wherever life takes them.\u201d\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"THE BLUEPRINT: Howard Hanna acquires Manhattan-based Elegran Real Estate Marks Howard Hanna\u2019s official entry into Manhattan Builds on…\n","protected":false},"author":2,"featured_media":9277,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[7862,4867,7863,75,7864,84,83,9,24,7865,63,7866,7867,7868,7869,7870],"class_list":["post-9276","post","type-post","status-publish","format-standard","has-post-thumbnail","category-manhattan","tag-elegran-real-estate","tag-howard-hanna","tag-long-island-housing-market","tag-manhattan","tag-manhattan-brokerage","tag-manhattan-headlines","tag-manhattan-news","tag-new-york","tag-new-york-city","tag-new-york-real-estate","tag-nyc","tag-nyc-real-estate","tag-real-estate-acquisition","tag-real-estate-expansion","tag-real-estate-news","tag-tri-state-real-estate"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/9276","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=9276"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/9276\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/9277"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=9276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=9276"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=9276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}