Multifamily Movers and Shakers: The Belisario Cruz Team Launches Revived Residential as They Near $500M in Volume

In a significant development within the New York City commercial real estate sector, the renowned real estate brokers Lou Belisario and Joe Cruz have embarked on an innovative venture by establishing Revived Residential. This boutique firm, a collaboration with Side, signals a fresh direction in the multifamily and commercial real estate markets, emphasizing luxury, technology, and personalized service.

Revived Residential: A New Paradigm

Founded in 2020, the Belisario Cruz Team, now leading Revived Residential, has made a substantial impact on New York’s real estate landscape, facilitating over 1,000 transactions with a total volume nearing $500 million. Their journey from a modest five-agent team to a powerhouse of 25 top-tier agents underscores the firm’s dynamic growth and dominant position in the market. Notably, their performance from 2022 to 2023, with sales exceeding $225 million across residential and rental sectors, showcases their significant influence on the commercial real estate domain.

Lou Belisario, with a legacy of over $1 billion in real estate transactions across Brooklyn, and Joe Cruz, a prodigious talent with a history of founding and scaling real estate ventures, bring a wealth of experience and innovation to Revived Residential. Their dual roles as licensed contractors and real estate developers, through partnerships in construction and development ventures, position Revived Residential uniquely at the intersection of luxury residential and commercial real estate markets.

Commercial and New Development Divisions: Expanding Services

The introduction of New Development and Commercial divisions within Revived Residential represents a strategic expansion of services, catering to a broader spectrum of clients in the commercial and multifamily property sectors. This move is particularly relevant for investors and developers seeking boutique firms that offer a blend of local expertise, personalized service, and technological prowess.

Technology and Boutique Experience: A Synergistic Approach

Powered by Side’s advanced technology, Revived Residential aims to redefine the client experience in the commercial and multifamily real estate markets. This partnership reflects a growing trend where boutique firms leverage cutting-edge technology to enhance efficiency, client engagement, and market penetration, setting a new standard for service in commercial real estate.

The Broader Impact on New York’s Real Estate Market

The launch of Revived Residential, alongside other boutique firms like 74 West, CITY SPHERE, and Archpoint Advisory, marks a pivotal moment in New York’s commercial real estate landscape. These firms, each with significant sales achievements, illustrate the evolving preference for boutique agencies that combine high-tech capabilities with a deep, client-focused approach.

Revived Residential’s inception is more than just the establishment of another real estate firm; it’s a milestone in the evolution of the commercial and multifamily real estate sectors in New York City. By integrating traditional real estate virtues with modern technology and a bespoke service model, Revived Residential is poised to influence the market significantly, offering new opportunities and perspectives for investors, developers, and clients alike in the dynamic world of commercial real estate.