William Pitt Sotheby’s International Realty Joins Forces With Juner Properties

Real Estate Leaders Share a Rich Heritage in Stamford

Stamford, CT - (November 9, 2009) Continuing its legacy of growth in a challenging real estate market, William Pitt Sotheby’s International Realty today announced the addition of Juner Properties, Stamford’s premier real estate boutique.

Founded by Stamford real estate pioneer June Rosenthal, Juner Properties will now operate under the William Pitt Sotheby’s International Realty banner from Juner’s iconic office location at 3 Roxbury Road - a pristinely restored antique schoolhouse built in 1840 and one of Stamford’s most recognized landmarks. The office, still known as the Juner building, will be one of three William Pitt Sotheby’s International Realty brokerages in Stamford; William Pitt Sotheby’s International Realty also has brokerages at 961 Long Ridge Road, near the Merritt Parkway, and at 545 Bedford Street in downtown Stamford. Rob and Randi Vannucchi, Director of Sales for William Pitt Sotheby’s International Realty, will lead the daily operations of all three William Pitt Sotheby’s International Realty brokerages.

In commenting on the firm’s new partnership, June Rosenthal, honored as a past Stamford Citizen of the Year, said that “Juner Properties was founded 24 years ago with a commitment to serving its customers with uncompromised integrity and personal attention,” adding that “preserving our firm’s heritage was paramount to our new business relationship.”

She further stated, “It is exciting to watch the blending of Juner’s signature concierge services with William Pitt Sotheby’s International Realty’s global resources.”

Since its founding in 1986, Juner Properties has earned recognition as one Stamford’s premier real estate firms, including garnering award-winning acclaim as the “Best Residential Real Estate Company” for two years in a row, in 2008 and 2009, by Stamford Plus Magazine’s Best of Stamford Awards competition. The hand-selected group of sales associates at Juner Properties personifies professionalism at every level and aligns perfectly with William Pitt Sotheby’s International Realty’s tradition of excellence.

“It is an extraordinary honor to welcome June and the entire Juner Properties family to the William Pitt Sotheby’s International Realty family,” said Paul E. Breunich, President and CEO of William Pitt Sotheby’s International Realty. “I am proud to announce that the collective efforts of our three brokerages in Stamford truly represent the #1 market share in the city. Juner Properties and William Pitt Sotheby’s International Realty share a common heritage and leadership role in the Stamford real estate community, making our new partnership valuable for everyone, from our sales associates to area home buyers and sellers.”

Last month, William Pitt Sotheby’s announced the acquisition of seven offices in Westchester County, New York and Litchfield County, Connecticut. Those offices currently operate as Julia B. Fee Sotheby’s International Realty in Rye, Larchmont, Scarsdale and Chappaqua (NY) and Litchfield Hills Sotheby’s International Realty in Washington Depot, Kent and Lakeville (CT).

Founded in 1949 in Stamford, CT, William Pitt Sotheby’s International Realty has evolved from its humble roots - with 28 locations throughout Connecticut and New York and benefits from an exclusive relationship with the venerable Sotheby’s Auction House, founded in 1744. For more information, visit the website at www.wpsir.com.

In November 2008, William Pitt Sotheby’s International Realty partnered with Building and Land Technology, a second-generation development company, headquartered in Norwalk, CT. Building and Land Technology has completed ventures worth more than $3 billion including over 4 million square feet of commercial development and 4,000+ residential units.

BLT is currently developing Harbor Point, a 6-million square foot mixed-use project on Stamford Harbor. Their trophy properties host the headquarters for Gen Re, GE Commercial Finance, Diageo, GE Real Estate, Xerox, GE Energy Financial Services, IMS Health and Hewitt. For more information about Building Land and Technology, visit the web at www.bltoffice.com.

William Pitt Sotheby’s International Realty Acquires Six Brokerage Offices in Litchfield and Westchester Counties

Company strengthens its Connecticut operations and expands into New York State

Norwalk, Conn. - William Pitt Sotheby’s International Realty today announced the strategic acquisition of adjacent Sotheby’s International Realty operations in Litchfield and Westchester counties. In total, six residential real estate brokerage offices previously owned and operated by Sotheby’s International Realty, Inc. were included in the transaction - three in Westchester County, N.Y., and three in Litchfield County, Conn. The financial terms of the transaction were not disclosed.

Each of these offices will continue as members of the powerful Sotheby’s International Realty® global network, and the offices will be co-branded in their local markets. The offices in Washington Depot, Kent and Lakeville, Conn., will now operate under the banner of William Pitt Sotheby’s International Realty. In Connecticut, William Pitt Sotheby’s International Realty now has a total of 24 offices and more than 700 agents operating in Fairfield County, Litchfield County, New Haven County, and the Shoreline markets.
The three offices in Larchmont, Rye and Scarsdale, N.Y., will now do business as Julia B. Fee Sotheby’s International Realty, a name that connects their strong local heritage in the Westchester market to the renowned Sotheby’s International Realty brand.

“We are pleased to welcome these fine Sotheby’s International Realty sales associates to our family,” said Paul Breunich, president & CEO of William Pitt Sotheby’s International Realty and Julia B. Fee Sotheby’s International Realty. “We are excited to continue our firm’s growth in Connecticut and to extend our brokerage operations into New York State. We are especially pleased to enter the Westchester market with a proven local/international branding strategy that has worked so well for our firm and our clientele in our Connecticut markets. This was a unique opportunity for us, and we plan to be very focused on quality growth in Westchester County as well as continuing our strong market presence in Connecticut.”

Owned and operated by NRT LLC, the nation’s largest residential real estate brokerage company, Sotheby’s International Realty, Inc. now has 35 offices and over 1,500 agents doing business in 16 luxury markets across the nation. The broader franchise network managed by Sotheby’s International Realty Affiliates LLC currently has more than 10,600 sales associates located in approximately 500 offices in 40 countries and territories worldwide.

“We are proud of what we have accomplished in these local markets, but we made a strategic decision to strengthen our focus on our longstanding core market areas in the Tri-State area, which include Greenwich, Manhattan, the Hamptons and Palm Beach,” said Kathy Korte, president and CEO of Sotheby’s International Realty, Inc. “We have great respect for Paul Breunich and his team at William Pitt Sotheby’s International Realty, so this was a natural fit. It empowers our real estate experts to continue to serve these markets while maintaining their close referral ties with our offices and the other fine firms within the Sotheby’s International Realty network.”

About William Pitt Sotheby’s International Realty

One of the top-producing real estate firms in the nation, William Pitt Sotheby’s International Realty (www.WPSIR.com) accounted for more than $2 billion in closed sales volume in 2008. The firm has approximately 700 sales associates in 24 offices throughout Connecticut from Stamford to Stonington along the coast and north through Litchfield County. A full- service real estate company, the firm has over 60 years of experience with residential, insurance, mortgage services, rental, relocation, luxury home and new construction divisions.

Visit The Business Of Extraordinary Living | wallstreetjournal.com/sothebysrealty