News: Brokerage

RE/MAX Elite opens in Brooklyn, Staten Island

Shown above are: Real estate professionals at RE/MAX Elite,back row (from left) are: Leo Mei, Susan Pulaski, Ed Davis, Sen Ye, Maged Girgis and Madeline Caudiano.
Shown in front row (from left) are: Julie Thum, Becky Chum, Alex Ghiano-DiSalvo, Laura Spagnolo, Mina Pecorella, Gabby Glorioso, Lilian Lafosse, MaryAnn Trimboli, Allen Ng, Marina Kogan, Robert Coppolino, Sal Carola, Donna Iadarola, Joe Madaio, Penny Cronin, Michael Davis, Maria Skarvelis, Nick Serro and Patricia Downs.

Brooklyn, NY Real estate veterans Joseph Madaio, Robert Coppolino and Sal Carola have opened new offices in the borough and Staten Island. The two RE/MAX Elite offices offer a full range of real estate services throughout both boroughs. The offices are located at 8201 Third Ave. in Bay Ridge and the Staten Island office is located 7001 Amboy Rd., Suite 102. The new offices are home to dozens of experienced RE/MAX professionals providing residential, commercial, industrial, co-op/condo, multi-family and investment properties brokerage services as well as insurance services and mortgage financing.

Madaio entered the real estate industry in 1984, Coppolino in 2004 and Carola in 2003. Madaio opened the first of two RE/MAX offices in the borough in 1991. After selling the business in 2008, he remained manager of RE/MAX Metro’s Third Ave. location and is now a co-broker/owner of RE/MAX Elite.

“Our ownership team has been with the RE/MAX System for many years and we welcome the opportunity to grow the brand here in Brooklyn and Staten Island. RE/MAX offers the best approach in the industry for real estate professionals and we are confident that our office will thrive,” said Madaio. “RE/MAX is the No. 1 brand in real estate because of the trust, quality service and professionalism by all of its agents.”

Coppolino joined RE/MAX 1st Choice in 2005 and remained when the office became part of RE/MAX Metro in 2008. He is now co-broker/owner of RE/MAX Elite.

“Working with top real estate professionals and helping them serve buyers and sellers is what we focus on every day,” said Coppolino. “Whether it is finding a couple their first home or a dream home, our RE/MAX professionals are committed to getting the job done; this is why they are the elite in the real estate business.” 

Carola joined RE/MAX Regal in Staten Island in 2005. Three years later he joined RE/MAX Metro and is now co-broker/owner of RE/MAX Elite.

“We are open and serving customers on Staten Island and we will have an office grand opening event shortly.  We currently have 30 agents and plan on adding at least another 10 agents within the year,” said Carola.

All three broker/owners have each been recipients of many real estate and RE/MAX awards, including RE/MAX’s Hall of Fame, Lifetime Achievement and Platinum Awards. They have also been strong supporters of the RE/MAX Children’s Miracle Network, Susan Komen Cancer and Wounded Warriors Project.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.