Nest Seekers Closes $ 450m in deals in first half 2005; Nest Seekers International

Real Estate Weekly

June 15, 2005

In the first half of 2005, New York City real estate brokerage firm Nest Seekers International announced closing $ 450 Million in real estate transactions.

In line with the company's past several years performance, the company expects to close nearly $ 1 billion in real estate sales by the end of 2005.

"Nest Seekers International was founded in the aftermath of 9/11. When the city was devastated, we were in start-up mode, focusing on creating the new and exciting--and we have kept up this momentum ever since," said Eddie Shapiro, Chief Executive Officer Nest Seekers International.

"We continue to grow in New York City and Miami by working with clients who define the new, modern luxury standard of living. These are clients who live in Manhattan most of the year, spend winters in Miami and travel throughout the world for work and play and own two, sometimes three homes."

Under Shapiro's leadership, Nest Seekers International has focused on the New York City and South Florida real estate markets since its inception in 2002, and has grown from a one-man operation into a real estate brokerage company with over 150 brokers and agents known for their focus on mid to high-end unique, luxury condominiums and co-ops.

By working with exclusive international affiliates in the South of France, Cote d'Azur, England, Israel, South Korea and Russia, Nest Seekers has formed relationships with high net-worth clients from royalty to heads of major corporations, government officials and diplomats whom its brokers house in New York City and South Miami's most prestigious addresses.

In the past 12 months Nest Seekers International has sold over 80 residences at Trump Place Condominiums in the new Upper West Side and over 20 apartments at such coveted addresses such as 207 East 57th Street and 325 Fifth Avenue.

To further its market share and brand image, Nest Seekers International recently launched a real estate development group--LEV Development Group--which has secured properties for development in Park Avenue in the 80's, Spring Street NOLITA and Tribeca's Franklin Street.