Real estate

Compass adds a high-profile team to its New York City roster

Compass is already one of the largest real estate firms in New York City – and it’s only gotten bigger.

The Zweben teama highly productive group in Manhattan and Brooklyn, has left Douglas Elliman to join Compass at its Manhattan headquarters. Under the leadership of Carolyn and Paul Zweben, the team has achieved sales volume of $800 million in more than twenty years.

“We are grateful to Douglas Elliman for the incredible journey we have been on over the past 23 years,” the Zwebens said in a statement. “As we look to the future, we are energized by the opportunities at Compass that align with our vision for long-term growth.”

The pair bring a unique perspective to real estate, as Paul was previously a chef and restaurateur. They even have videos of Paul cooking included in marketing materials, which present property as a house rather than real estate.

According to Compass, the pair were early adopters of video tours, a luxury that became a necessity after the COVID-19 pandemic. Over the years, they have amassed a high-profile clientele, including actors and celebrity chefs.

The new team joins Compass at a time when the brokerage is aggressively expanding. During its second-quarter earnings call, the company said it aims to achieve a 30% market share in the country’s top 30 metropolitan areas.

Compass already has a huge footprint in New York City. According to the company, it ranks first in New York City in both total transactions and sales volume, and also ranks first in each of those categories in Brooklyn. It also ranks #1 in total number of transactions in Manhattan.

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Dallas, Florida, New Jersey and Colorado are among the areas where Compass has expanded its workforce in the past month.

“The market has its challenges, but I have lived and worked through several cycles [New York City] real estate since 2001, what keeps us sane is staying in the foxhole and being consistent in what we do,” Zwebens’ statement reads. “Our customers know that even in rough waters, we have their best interests at heart.”

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