Brooklyn, NY – January 18, 2022 — NYC property owners can now access a more robust range of real estate services as three leading firms have merged to start off 2022.
The firms include Brownstone Property Group, a full-service real estate company specializing in high-touch residential property management, general contracting, and real estate brokerage, RJS Appraisals, and Neglia Appraisals. RJS Appraisals has been a leading provider of outstanding residential appraisal services in Staten Island for over a decade, with a focus on estate, divorce and pre-listing valuation assignments. Neglia Appraisals is a family-owned and operated real- estate appraisal and consulting company with a 31-year reputation for delivering high-quality commercial and residential real-estate valuation products to its clients. As leaders in diverse yet related specialties, the merger brings a wide range of synergistic opportunities enhanced by the experience, talent, and innovation of each firm. In addition, the principals of each firm are noted for their outstanding customer-care approach and hands-on personal attention to clients’ needs.
“Brownstone Property Group is well-positioned to gain from the RJS Appraisals and Neglia Appraisals legacies and to help raise the prospects of all three firms to the next level of achievement and excellence” states Josh Blackman, Brownstone Property Group’s Principal. “The expertise of the Neglia and RJS professionals will enhance the ability of Brownstone to ensure that our management and real estate brokerage clients continue to receive excellent service from a range of experienced professionals.”
As Founder of Neglia Appraisals, Domenick Neglia, SRA, CSA-G, is a highly respected member of the NYC real estate community, and is past President of the Columbia Society of Real Estate Appraisers. In a 2014 NYS Supreme Court opinion, Justice Debra Silber noted Mr. Neglia’s “impressive credentials, including his work doing appraisals for the Courts and the Public Administrator…”
In 2021, Neglia Appraisals surpassed pre-covid company numbers in terms of total gross revenue, appraisals written, and client base growth. According to Mr. Neglia, who continues to guide the firm as Senior Review Appraiser; “This merger is set to continue all three firms’ rapid expansion, and proves that the whole is greater than the sum of its parts. The focus on integrity and customer service permeates everything we do. We are looking forward to continue servicing clients for residential and commercial valuations throughout the five boroughs of NYC.”
Richard J. Sheeler Jr, is the Founder of RJS Appraisals, and a long-time consultant at Neglia Appraisals, completing residential and commercial valuation assignments for the firm. He has received the CSA-G designation from the Columbia Society of Real Estate Appraisers where he currently sits on the Board of Governors. Mr. Sheeler will join the executive Board at Neglia Appraisals as President. “The timing was right” stated Mr. Sheeler noting that “there is a trend beginning in the valuation sector with single practitioners expanding their existing businesses or partnering with others to create larger firms.”
Since 2005, RJS Appraisals has provided reliable real estate value opinions that major lending institutions, attorneys, and home buyers require for home loans, estate management and real estate sales and purchases. The firm specializes in residential appraisals in Staten Island, New York.
Neglia Appraisals is a full service, family-run real estate valuation company, experienced in appraising residential and commercial properties throughout the New York Metropolitan area since 1991. The firm services the New York City Boroughs of Manhattan, Brooklyn, Queens & Staten Island, and draws on a unique and extensive proprietary reference database for these areas. To learn more about Neglia Appraisals and its services, visit https://www.neglia.com or call (718) 331-2122.
Established in 2004 in Park Slope Brooklyn, Brownstone Property Group has become the go-to small building manager in Brooklyn in addition to a highly successful general contracting and real estate brokerage. During 2021, Brownstone nearly doubled revenues and increased the size of its managed portfolio, employed team, and number of offices in a reflection of the Brooklyn real estate market’s steady improvement despite the pandemic.
Contact Brownstone Property Group at BrownstonePropertyGroup.com or call 718.499.6030.