Former Executive Vice President, Managing Director at Douglas Elliman
To Lead Warburg’s Expansion into Brooklyn

New York – April 24, 2014 – (RealEstateRama) — Warburg Realty®, one of Manhattan’s leading residential real estate companies, today announced Michael Guerra has joined the firm as its Brooklyn Sales Director. In this newly created role, Guerra will be responsible for heading Warburg’s expansion into Brooklyn.

Previously, Guerra was Executive Vice President, Managing Director at Douglas Elliman, a position he held from 2006 until this year. During that time, he was responsible for building the division into a $20 million business and expanding from one to five offices in the borough.

“I am excited to join Warburg and help the firm continue its growth in the city,” Guerra stated. “Having lived most of my life in Park Slope and experienced firsthand the renovation boom in Brownstone Brooklyn, I look forward to being directly involved in the next stage of the borough’s renaissance.”

Prior to joining Douglas Elliman in 2002, Guerra was a broker at both The Corcoran Group and William B. May in Brooklyn.

“Michael has enormous depth of knowledge in the Brooklyn market,” stated Frederick Peters, President, Warburg Realty. “His energy, wit and intelligence will make him an invaluable addition to our management team, as well as a key player in our Brooklyn expansion.”

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About Warburg Realty®: Warburg Realty® is one of Manhattan’s leading luxury residential real estate firms, founded in 1896 by Albert B. Ashforth. The company has a long-standing tradition of extraordinary service that has kept it at the forefront of New York real estate for over 100 years. The firm’s 125 brokers are strategically located throughout Manhattan to guarantee every Warburg client the quickest access to New York’s finest properties and purchasers. Warburg recently opened its new 7,000-square-foot flagship location at 654 Madison Avenue, also housing its state-of-the-art Warburg University training facility. For more information, please visit www.warburgrealty.com.

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