Breaking real estate news: continuing its buying binge, the Corcoran Group is acquiring Citi Habitats (which boasts NYC's largest proprietary rentals database) and its related divisions, including SóLOFTS. Citi Habitats will keep its name and operate as a division of Corcoran, while SóLOFTS will be subsumed?continuing the march towards the glorious day when NYC is overseen by a single real estate overlord.
· CitiHabitats [Citi-Habitats.com]
· The Corcoran Group [Corcoran.com]
[inside: full text of the announcement]
The Corcoran Group Acquires Citi Habitats and
its Affiliated Companies in New York
Leading New York City Real Estate Company and Largest Rental Brokerage
Combine to Build Lifelong Relationships With Customers
NEW YORK (June 22, 2004)