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Ripellino, Tom
Tel: 646-738-2865

Fax: 212-696-0220

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Tom Ripellino is the Founder and CEO of Metropolis Real Estate of Manhattan. He lives on Manhattan's Upper East Side with his wife Sheiley and his son Raphael.

"You have got to love this business to live it. I started in this industry just after grammar school working for my father helping him to maintain and manage his rental properties in the Buffalo area.. I spent the summers of my youth fixing up his houses and apartments. Not only did I get experience in maintenance and repairs, but in dealing with tenants as well.

After graduating from NYU’s Stern Business School I travelled, lived and worked abroad including an eight year stint in East Africa. Upon returning to New York, I tried my luck as a floor trader on the COMEX exchange, trading precious metals options. But I eventually realized that my true talents and passion were for Real Estate.

I bought my first property in Manhattan back in 1993. It was a studio apartment on the Upper East Side which I eventually sold for a 333% profit. Not bad after realizing over a 20% Cap Rate per annum on the rental for the years that I held the property. Since that first transaction I have bought and sold many properties as an investor.

In 1996 I entered the Real Estate Brokerage industry signing on as a Licensed Real Estate Sales Person for a now defunct brokerage company in midtown Manhattan. Six months into my rookie year as an agent, my manager suggested we open our own office. Six months later, we opened a branch office in Murray Hill of Metropolis Real Estate of Western New York, my father’s upstate brokerage company. A year later, Metropolis Real Estate of Manhattan was launched.

We started out as a rag tag group of agents trying to break into the extremely tight Manhattan rental market. There was no internet marketing to speak of in those days and good apartments would usually rent before they even hit the market. Renters gladly paid broker fees of 15% to 18% of the yearly rent for unrenovated and over priced apartments. Our landlord contacts were few. Each listing had to be wrenched away from a larger, better connected competitor. Somehow we survived those beginnings and slowly built our company from the ground up.

By 2003 Metropolis Real Estate of Manhattan boasted over 60 agents with a residential sales and rental divisions, occupying over 4000 square feet of office space in Midtown East. Around that time I was getting more involved in the Real Estate investment markets throughout New York State, both for clients and for my personal portfolio. I went back to Buffalo and started to invest in residential rental property there. Once I had learned the ropes of that market, setting up a network of brokers, property managers, contractors, mortgage brokers, banks and attorneys—I began to offer my services to outside investors.

From 2003 to the present I have introduced Real Estate investors from around the world to investment opportunities in New York City and upstate New York. Being an investor myself, I understand what it takes to be profitable. Rather than broker a transaction and walk away with the commission I make sure that all the elements for a successful investment are in place from the outset and then I monitor and maintain the investment for my clients. It is a formula that has proved to be a winner for everyone.

Metropolis is still involved in leasing and sales markets in New York. In addition to our agents’ activities I personally get involved in servicing my clients’ interests. I recently rented a $1,600 studio apartment for a client I have known for years. I also recently rented the Haitian Consulate and Mission to the UN a 12,000 square foot office on a 15 year lease. I am equally committed to both clients. It’s not about the commission earned. I am in it for the game. Large or small, every transaction brings the joy that only this industry can give."
633 Matched Listings     Page 1 of 64       [ 1 2 3 4 5 6 7 8 9 10 11  ] Next >>
Photo  For Location   Beds    Baths  Price Options
Rental
NO FEE 1000+ sq ft-2 BATH-LUX DOORMAN-AMENITIES-NEXT TO PARK
Battery Park City
Map
2 2  $5,500
Sale
BRAND NEW RENOVATED SPONSOR TWO BED CLOSE TO CENTRAL PARK UES
Carnegie Hill
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2 1  $990,000
Rental
NEWLY RENOVATED 800+sf MINT ONE BED - NEW EVERYTHING - SEE PICS!
Carnegie Hill
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1 1  $2,600
Rental
CHARMING 1 BR-88th/LEX-NEW KTCHN/BATHROOM
Carnegie Hill
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1 1  $2,300
Rental
BEAUTIFUL LUXURY Classic 6 room apt on CPW! 24/7 doorman
Central Park West
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3 3  $10,000
Rental
NO BROKER FEE!! Unique 1br w/SS kitch/WASHR/DRYR- Hi-Floor!
Chelsea
Map
1 1  $3,700
Rental
NO FEE!! 2br w/WASHR/DRYR/SS kitch/CORNER Unit!
Chelsea
Map
2 2  $6,000
Rental
No Fee! INSANE 1 BR in TOP NYC LUX BLDG w/ Healthclub Pool
Chelsea
Map
1 1  $3,800
Rental
Luxury Living In Prime Chelsea Location With Great Views
Chelsea
Map
1 1  $4,000
Rental
HI-FLOOR 1br w/HUGE Living/Prv TERRACE!! Lovely Luxury
Chelsea
Map
1 1  $3,600
633 Matched Listings     Page 1 of 64       [ 1 2 3 4 5 6 7 8 9 10 11  ] Next >>



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Metropolis Real Estate of Manhattan | 79 Madison Avenue 7th Floor| New York, NY 10016
Tel: 646.738.2865, Fax: 212.696.0220 | Email: tomr@metropolisapts.com


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