Zillow to acquire StreetEasy for $50M

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Zillow is buying the New York City-focused online real estate company streeteasy for $50 million to strengthen its foothold in on one of the country’s most lucrative markets. StreetEasy, founded.

 · Zillow, the Seattle-based online real estate database, on Monday, Aug. 20, announced plans to pay $50 million in cash to acquire StreetEasy, a.

Naked Apartments will become Zillow Group’s fifth consumer brand, and the second in Zillow Group’s New York City portfolio, alongside StreetEasy®. This acquisition reinforces Zillow Group’s commitment.

Media&Contact:&& KatieCurnutte,Zillow& 206775772701&or&[email protected]&!! Zillow!to!Acquire!StreetEasy,!!New!York’s!Leading!Real!EstateWebsite!

 · Zillow Inc. has announced that it has entered into a definitive agreement to acquire StreetEasy, a real estate Web site in New York City, for $50 million in cash. The transaction is subject to satisfaction of customary closing conditions and is expected to close in the next few weeks. StreetEasy attracts nearly 1.2 million monthly unique users, primarily home shoppers in the New York region.

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 · There’s a bickering between Zillow Group’s StreetEasy and New York City’s. Where does the NYC broker war with StreetEasy leave the industry?. “but if growing the buy-side of your.

Zillow to acquire StreetEasy for $50M. Purchase gives Zillow strategic access to NY market. August 19, 2013. Kerri Ann Panchuk. Zillow will spend $50 million acquiring New York real estate website.

Every new StreetEasy fee spurs a familiar cycle among brokers: outrage, pay up, rinse, repeat. But its latest program, designed to appease some of those worries, may break the cycle. In the two years.

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Property listing website Zillow has bought New York City-focused StreetEasy for $50m (32m). The company said the acquisition was an effort to enter one of the most lucrative US housing markets.

] On Monday, Seattle-based real estate marketplace Zillow (NASDAQ: Z) announced it inked a $50 million cash deal to acquire residential real estate website StreetEasy, based in New York.

Just hours after Compass struck a deal to buy. StreetEasy. More than 100 brokers and assorted industry players crowded into a 66th floor apartment at Extell Development’s One57 for the panel.

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Founded in 2005, StreetEasy lists residential properties for sale and rent in New York, Philadelphia, and Washington, DC, and areas such as Northern New Jersey, South Florida, and The Hamptons. A.