The Real Deal New York

Teplitzky changes business model

August 25, 2009 10:26AM

Prudential Douglas Elliman Managing Director Jacky Teplitzky today has close to 10 listings under $1 million but no listings over $10 million, a switch from the way she used to do business. Teplitzky told the New York Observer that her team has been able to make just as much money during the bust as it did during the boom — but it has to sell a significantly higher volume of apartments to do so because prices have fallen. Teplitzky also discussed how she branded herself when she started out in real estate and about her relationship with fellow Elliman broker Dolly Lenz.

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