![\"Brooklyn](\"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2015\/10\/Brooklyn-Bridge-compressed.jpg\")
<\/a>Photo: Daniel X. O’Neil<\/a><\/em><\/p>\nCiti Habitats<\/a>, the Corcoran Group<\/a>-owned real estate services and marketing firm, has acquired the assets of David Maund Inc., also known as the Brooklyn-headquartered aptsandlofts.com<\/a>. Aptsandlofts.com was founded in 2002 and has since become one of the largest real estate brokerages in Brooklyn.<\/p>\n The move, which was announced Wednesday, cements Citi Habitats\u2019 presence in Brooklyn.<\/p>\n A recent analysis<\/a> from The Real Deal revealed that Brooklyn new development “tops 41.6 million square feet \u2014 second only to Manhattan \u2014 spanning nearly 600 projects and 45,359 apartments.” What’s more, 85 percent of those plans were submitted within the last three years.<\/p>\n “With the strategic acquisition of aptsandlofts.com, Citi Habitats immediately expands its footprint in Brooklyn, one of New York\u2019s most dynamic markets,” said Pamela Liebman, President and CEO of The Corcoran Group, in a press release.<\/p>\n Aptsandlofts.com currently has a roster of 110 agents and staff. It is also one of the city’s largest new development marketing firms, currently representing 20 new residential buildings<\/a> across the boroughs. It will now\u00a0to operate under the Citi Habitats name, according to the press release.<\/p>\n With the acquisition, Citi Habitats also gains a new Executive VP of Brooklyn and Queens new development: David Maundrell, the founder, owner and president of aptsandlofts.com.<\/p>\n “I am excited and proud to join one of the premier real estate brands in New York City,” said Maundrell in a press release. “Both firms have an unparalleled emphasis on customer service as well as agent training and education. Our reach now encompasses New York City’s most vibrant real estate markets, and that is a significant advantage.”<\/p>\n