Dottie Herman

From the December issue:
Dottie Herman is the president and CEO of Prudential Douglas Elliman, which has more than 60 offices in New York City, Long Island and the Hamptons. Herman, who began her career as a real estate broker on Long Island, purchased Prudential Long Island Realty in 1989. After expanding the company to the Hamptons, she purchased longtime Manhattan brokerage Douglas Elliman for nearly $72 million with her business partner, Howard Lorber, in 2003. The company continues to grow, recently opening new offices in the West Village and in Fort Greene, Brooklyn. Herman sat down with The Real Deal to discuss the challenges of starting in real estate as a single mother, career mistakes and balancing family and work.

Iris Cantor — philanthropist and widow of Cantor Fitzgerald founder
Bernie Cantor — just closed on a townhouse at 11 East 74th Street,
between Madison and Fifth avenues, according to the Post. Cantor bought
the 10,800-square-foot home for $18.13 million. The seven-bedroom,
10-bath townhouse was first listed for $35 million in 2007. Cantor is
also trying to sell two of her other properties. Her 35,000-square-foot
mansion in Bel Air, Calif., which has its own hair salon, is on the
market for $53 million, and a penthouse at 110 Central Park South,
which Cantor has never lived in, is being marketed for $11.9 million. [more]