Century 21 NY Metro, an independently owned franchise of the Century 21 brand, is suffering cash flow problems and is looking for additional investors. It is said that A.C. Lawrence is going to absorb the troubled firm, but it is unclear what the new firm is going to be called. A.C. Lawrence co-founders Anthony DeGrotta and Larry Friedman, both of who declined to comment on the merger, are now listed as agents on the Century 21 NY Metro website.
Antonio del Rosario, the former president of the sales division at A.C. Lawrence said that the firms are a good match and have similar backgrounds in rentals. The future looks bright for the two companies, and perhaps the struggles from the recession will make the companies stronger than ever.
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