First Acquisition for Leading Manhattan Residential Real Estate Firm

New York – January 29, 2014 – (RealEstateRama) — Warburg Realty®, one of Manhattan’s leading residential real estate companies, today announced the acquisition of Rubicon Property including its storefront at 451 Columbus Avenue. This is Warburg’s first acquisition of another real estate firm.

“What attracted us to Rubicon was its forward thinking approach to real estate and strong focus on technology, as well as a thorough knowledge of the Upper West Side market,” stated Frederick Warburg Peters, president of Warburg Realty.

“I look forward to bringing our core values of philanthropy and social entrepreneurship to Warburg,” stated Jason Haber, co-founder of Rubicon Property.

In 2010, Haber co-founded Rubicon with the goal of serving the firm’s clients while making the world a better place through regular donations to charity:water, a non-profit organization that brings clean and safe drinking water to people in developing nations. Prior to that, he worked as a broker for Prudential Douglas Elliman, where he specialized in residential sales and condominium conversions. He has been ranked by The Real Deal as one of the Top 100 agents in New York City.

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 longstanding tradition of extraordinary service that has kept it at the forefront of New York real estate for over 100 years. The firm’s 125 agents 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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