August 7, By Jason Cohen
The residential real estate giant Halstead has entered the Forest Hills market, buying a small local firm.
Halstead acquired Madeleine Realty, located at 108-23 Ascan Ave., a boutique firm with 15 agents on August 1. This is Halstead’s second office in Queens having opened a Long Island City office at 47-12 Vernon Blvd. in 2015.
Madeleine was founded in 1986 by Madeleine Ambron. Her son Jacques Ambron runs the company and has been appointed the executive director of sales for Halstead’s Forest Hills office.
Jacques said he was drawn to Halstead by it online marketing presence and its extensive network.
“Madeleine Realty has been serving the community for over 30 years,” Ambron said. “We have strong ties in the community and that’s why Halstead chose us.”