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What the Aptsandlofts.com deal means for Citi Habitats

With purchase of brokerage, the rental giant gets a presence in Brooklyn, albeit a belated one

From left: Gary Malin and David Maundrell
From left: Gary Malin and David Maundrell

From the November issue: They flirted for two years before heading to the altar.

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That’s how Gary Malin, the president of rental firm Citi Habitats, describes his courtship of David Maundrell, the Brooklyn evangelist who founded the brokerage Aptsandlofts.com more than a decade ago from an industrial stretch of Williamsburg.

Finally last month, the two announced that Citi Habitats would buy the smaller firm. [more]

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