Storied Rockland Brokerage Affiliates with Grand Lux Realty
Real Estate In-Depth | December 19, 2022
STONY POINT— Fifty years ago, Patsy Duncan and late husband Fred set up shop in Rockland County’s Stony Point as a boutique Realtor and has since become a cornerstone of the local real estate scene.
Now, Patsy Duncan has decided the time is ripe for a vigorous new stage of growth and has affiliated with co-branding specialist Michael F. Levy to form Grand Lux Realty-Hudson Valley, LLC.
Levy told Real Estate In-Depth that Grand Lux Realty and Duncan’s firm have formed a new entity Grand Lux Realty Hudson Valley, which is located at 16 South Liberty Drive (Route 9W) in Stony Point.
Under Levy’s leadership as Principal Broker, Grand Lux Realty, with roots in Westchester County, has grown its market area throughout the lower Hudson Valley.
With Grand Lux Realty maintaining offices in Chappaqua, Ardsley, and Mamaroneck, the new Duncan alliance gives GLR its first outpost west of the Hudson. GLR, belongs to four Multiple Listing Systems and is also licensed in Connecticut.
Fifteen GLR agents who reside in Rockland and Orange counties will join the dozen agents who have been on the Duncan team. “This is an important stepping stone,” says Levy, “as we forge ahead to plant a flag across the Hudson and build a robust new real estate brokerage model.”
Patsy and late husband Fred operated through the decades as Spoon River Real Estate in Stony Point. “We took great pride in owning our own real estate company in a historic town, and being part of a close-knit, family-oriented community,” she said.
Growing up on farms in Illinois, after marriage a job relocation steered the couple eastward in 1965. “But Fred longed to open his own business,” said Patsy, and Spoon River Real Estate was born.
Over the years, the couple mentored a couple of generations of real estate agents who became top producers in their own right. Patsy’s real estate resume includes serving as past president of the Rockland County Board of Realtors.
After turning down previous overtures to work with others, Patsy had a change of mind after meeting Levy. “I was impressed with the company’s white glove customer service and his helping agents build successful careers. That was the legacy my husband would have wanted me to continue after he passed in the winter of 2021,” she said.
The new Grand Lux Realty-Hudson Valley joint venture is the latest example of Levy’s “strength in numbers” business model.
“We’re looking for more growth-oriented independent brokers to join our chain,” he says. “We require that they have a retail location with at least five agents and five listings. It’s like a franchise, but without the burdensome costs and contracts.”