Westchester County Business Journal 3 Westchester County Local Jobs
Vol. 46, # 22 | May 28, 2007

Feature Section

     
 
Merger makes new force in real estate




Looking to provide ultimate service in residential real estate, Prudential Centennial Realty of Scarsdale and Nestfinders Real Estate of Mamaroneck have merged.

The merger, which became effective during the first quarter of this year, was just announced by Mark Nadler, principal of Prudential Centennial Realty and Maggie VanderWoude, formerly of Nestfinders and associate broker and a member of the Prudential Centennial management team with responsibility for Mamaroneck-area business.

Having served the same market with their respective real estate companies for some time, Nadler and VanderWoude grew to know each other. The idea to merge came to Nadler after he realized he shared “a similar approach the business” as VanderWoude.

“There are some things that Maggie has (at Nestfinders) that we don’t, and some things we have that she doesn’t,” Nadler said. “She has a strong knowledge of her market in Mamaroneck. We have a grasp of national presence and a stronger local network. It seemed to make a lot of sense. She has some top agents in her firm and we thought that by putting them together with our Prudential tools they can do even better.”

VanderWoude, who opened Nestfinders in 2000, echoed Nadler’s thoughts on their joint venture.

“It’s the right time and right place for me, lifewise,” VanderWoude said. “(Nadler’s) philosophy and ethics and mine are very similar. I do realize that the public believes that bigger is better. When he made the offer (to merge), I felt that our two parts could be put together to make something stronger.”

Nestfinders’ agents will continue the day-to-day operations for Prudential Centennial at the former Nestfinders office located at 619 East Boston Post Road in Mamaroneck. Headquartered in Scarsdale, Prudential Centennial will also be opening two additional offices in Larchmont and Bronxville this spring.

The agents who have made the transition to Prudential Centennial are Rose Toth, Samia Do Carmo, Helen Propersi, Ileen Sutton, Brian Summers, Jerry Millman and Maria Diaz, possessing more than 63 years of regional experience between them.

With the completion of merger, the approximately 25 agents on Prudential Centennial’s staff will have a greater specialization in the Sound Shore real estate market ­ a Nestfinder strong suit ­ while simultaneously growing on a national scale in a highly technical office ­ Prudential’s advantage.

In a time when employee defections have the county’s residential real estate market up in arms, Nadler said the new Prudential Centennial will be able to provide a “real sense of stability to people.”

“I’ve been doing this for 24 years, and Maggie has been in the business for years. We’re not jumping ship, and we’re not leaving,” Nadler said. “People can work for us and they know who they’re working for. For other companies right now, it’s musical chairs. We always do what’s in our clients’ best interest over our own.”

 

 

 

 


 

 

 


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