J. Philip Real Estate is opening a branch in Pelham to serve southern Westchester County and the Bronx.
The branch will have 20 agents and a listing inventory of close to 40 properties. The firm, based in Briarcliff Manor, will have a total of 55 agents and more than 120 listed properties with the expansion to Pelham.
“We are very bullish on the market in the south part of the county,” broker and firm owner J. Philip Faranda said in a statement. “Pelham is a strategic locale due to the proximity of Yonkers and Mount Vernon to the west, the Bronx just south and the Sound Shore to the east, so agents there can be in convenient proximity to a fertile listing stock.”
Faranda, who is the president of the Hudson Gateway Multiple Listing Service and a member of Zillow.com’s agent advisory board, founded the firm in 2005. The location will also be home to Faranda’s commercial division and headed by co-owner Jennifer Maher.
The grand opening of the Pelham branch, at 134A Fifth Ave., will be celebrated with an open house Thursday, from 6:30 to 9 p.m., with food, wine and music.
Congratulations, Phil! Best of luck in the new office!