Park Sterling Realty Expands with Addition of Majority of Hastings Firm’s Sales Force

Real Estate In-Depth | February 2020

Leah Caro, President and Principal Broker, Park Sterling Realty

BRONXVILLE—Locally-based Park Sterling Realty reports that the majority of the sales force of longtime Hastings-on-Hudson residential brokerage Peter J Riolo Real Estate, including its co-owner and president Peter J. Riolo, Jr., have joined the firm.

Leah Caro, co-owner of Park Sterling Realty, states that Peter J. Riolo Jr., along with office manager Sharlene Forman and the majority of the Peter J. Riolo Real Estate sales force, are now associated with Park Sterling, which services Westchester and Putnam counties.

Peter J. Riolo Real Estate, which had been operating in Southern Westchester and the Rivertowns for more than 70 years, recently closed its doors, Caro stated. Peter Riolo’s former partner, Arthur Riolo, and some former agents, have joined Compass Greater NY, LLC

The new former Peter J. Riolo sales associates at Park Sterling will continue to service the communities of Hastings, Dobbs Ferry, Ardsley, Irvington, Tarrytown, Sleepy Hollow, Northwest Yonkers and other adjacent communities through its new Park Sterling affiliation.

Caro, president and principal broker of Park Sterling, says she has been a friend and close colleague to the new members of the firm—Peter Riolo Jr., Kumiko Buller, Sharlene Forman, Alberto Hernandez, Marilyn Hirsch, Deborah McNerney, Laureen Paul, Lauchlan Paul, Susan Slattery and Ravi Wadera.

Park Sterling is an independent brokerage firm that is part of the Westchester Real Estate, Inc. network.

When asked about further expansion, Caro says she and partner, Jon Posner, are examining another opportunity in Northern Westchester.

Posner, a 45-year veteran of real estate, was previously the owner of Preferred Realty Inc, a 95-agent brokerage firm that was sold to Houlihan Lawrence in 2004.