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Gebroe-Hammer Associates
2 West Northfield Road
Livingston, NJ 07039

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Release Date: May 19, 2008

MICHAEL PETRAK AND DAVID SCHWARZ JOIN GEBROE-HAMMER ASSOCIATES
New Sales Associates to Expand Investment Brokerage Firm’s Influence in the Tri-State Area

LIVINGSTON,N.J., May 19, 2008 – Gebroe-Hammer Associates, the tri-state area’s dominant multi-family investment brokerage firm, recently announced the appointment of two new sales associates. Michael Petrak and David Schwarz bring more than a decade of real estate experience to the firm and will expand and deepen the company’s presence in New Jersey and New York State, according to Managing Director Ken Uranowitz.

Petrak, a resident of Wayne, N.J., will focus on the Passaic and Essex county markets. Over the past five years, he was involved in individual multi-family sales in the highly active markets of Hoboken and Jersey City. Prior to joining Gebroe-Hammer, he worked for a local brokerage firm. “I came to Gebroe-Hammer because I wanted to work in the big leagues,” said Petrak. “Multi-family properties are the strongest and most desirable aspect of the industry right now.”

Schwarz, a native of Switzerland, is a recent arrival to the United States. While living in Europe, he spent six years working in the Swiss and German real estate markets. Currently, he is spearheading Gebroe-Hammer’s expansion into New York’s competitive Rockland, Dutchess and Orange county markets. “My experience with the company has been very fulfilling,” said Schwarz. “We have a strong team of managers and supervisors who support brokers with the right blend of experience, trust and guidance.”  Schwarz currently resides in Monsey, N.Y.

“Both Michael and David bring a strong combination of market knowledge, client service and industry expertise to Gebroe-Hammer,” said Ken Uranowitz, managing director. “We could not be more enthusiastic to have them aboard.”




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Gebroe-Hammer Associates
2 West Northfield Road, Suite 301
Livingston, NJ 07039
Phone: 973-994-4500
Fax: 973-994-9752

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