NEW YORK CITY-Retail brokerage firm RKF reports it will be spending $5 million to bolster its operations here as well as set up shop in Toronto and London.
RKF intends to hire approximately 20 brokers to complement its current roster of 60 in New York City, according to the Wall Street Journal. The company currently has seven office locations in the US, including facilities in Los Angeles and Miami.
“The New York market is so strong and the retail segment of the real-estate industry has been so insulated against changes in the economy that there is a very strong reason…to have more people on the ground," says Robert Futterman, RKF's founder and CEO.
In terms of its international expansion, the company plans to open a London location in partnership with a London-based brokerage. In Toronto RKF will hire local brokers and share office space costs. See story in the Wall Street Journal.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
