The Real Deal New York

Posts Tagged ‘Douglas Elliman’

  • RobertReffkinMikeFabbri

    From left: Robert Reffkin and Mike Fabbri

    UPDATED: 10:18 a.m., April 16: Mike Fabbri, Douglas Elliman’s director of digital and social media, is now Tweeting for another company: Compass.

    Fabbri, who was tapped a year ago to jump-start Elliman’s social media presence, is now senior manager of agent marketing and brand strategy at the startup brokerage. [more]

  • Bailey wealth report

    Left to right: Knight Frank’s Liam Bailey and the percentage of ultra-wealthy looking to change domicile, by region

    New York City will be home to the world’s largest number of super-rich by 2025, surpassing the current leader London, representatives from global property consultancy Knight Frank said at a discussion Tuesday. A driver of this shift is the increased emigration of multimillionaires from certain countries such as Russia and China, according to Knight Frank’s head of research, Liam Bailey. A staggering 33 percent of Russia’s ultra-wealthy, for example, are considering moving to another country. [more]

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  • From left: Ghislaine Maxwell, 116 East 65th Street and Jeffrey Epstein

    From left: Ghislaine Maxwell, 116 East 65th Street and Jeffrey Epstein

    Ghislaine Maxwell — the British socialite and publishing heiress who allegedly fixed up billionaire Jeffrey Epstein with young girls — has listed her Upper East Side mansion for $19 million. [more]

  • Howard Lorber

    Howard Lorber

    It’s good to be Howard Lorber.

    The Douglas Elliman chairman and CEO made nearly $30 million in total compensation last year from Vector Group Ltd., the brokerage’s parent company, according to an April 8 proxy statement. That’s more than three times Lorber’s total package of $9.4 million in 2013, and $9.8 million in 2012.

    A look at the fine print shows that Lorber’s base salary was $3.1 million, up marginally to account for cost of living changes. But the real boost came in July, when Lorber was awarded more than one million shares of Vector stock valued at roughly $22 million. [more]

  • From left:

    From left: Frank Percesepe and Sarah Burke

    Brooklyn’s median sales price shattered a new record during the first quarter, hitting $610,894.

    According to Douglas Elliman’s latest quarterly Brooklyn sales report, that’s a 17.5 percent year-over-year increase from $520,000, and marks 10 consecutive quarters of median price increases. [more]

  • (credit: Douglas Elliman and Miller Samuel)

    (credit: Douglas Elliman and Miller Samuel)

    Manhattan rents continued their upward climb in March, while Brooklyn’s dipped slightly for the second month in a row, according to the latest rental market report by Douglas Elliman. [more]

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  • DottieHermanHowardLorberBillRaveisPaulPurcell

    From left: Dottie Herman, Howard Lorber, Bill Raveis and Paul Purcell

    UPDATED: 3:43 p.m., April 6: Is all fair in love and real estate?

    A heated battle for brokers is pitting Douglas Elliman against suburban powerhouse William Raveis, with Raveis accusing Elliman of blocking all emails coming from the firm. For its part, Elliman says Raveis sent a mass email to its brokers in New York City in an attempt to poach agents. [more]

  • Paolo Zampolli

    Paolo Zampolli

    Douglas Elliman is suing Paolo Zampolli, a former broker at the firm, for allegedly hiding roughly $4 million in commission from the brokerage, according to a lawsuit filed Tuesday.

    Zampolli — who also served as the co-chair of his own company, Paramount Realty Group of America Corporation — and Elliman agreed in 2011 that the broker would hold a dual license. Elliman further expected that Zampolli would continue to bring it business, while also doing deals for his own firm. [more]

  • 310E2310Leonard

    From left: A one-bedroom at 310 East 23rd Street is asking $750,000 and a one-bedroom at 10 Leonard Street is asking $1.75 million.

    Believe it or not, Manhattan residential sales prices are flat. [more]

  • douglas-ellman-real-estate

    A rendering of the Douglas Elliman’s forthcoming offices in Beverly Hills

    New York’s largest residential brokerage, Douglas Elliman, announced its expansion to Los Angeles back in 2013. Now, it’s putting down real estate roots with a West Coast headquarters in Beverly Hills. [more]

  • Top residential agents of the week

    March 27, 2015 06:19PM
    Ann Cutbill Lenane and 300 Central Park West on the Upper West Side

    Ann Cutbill Lenane and 300 Central Park West on the Upper West Side

    Ann Cutbill Lenane of Douglas Elliman topped the week’s residential sales with a $12.8 million co-op at 300 Central Park West on the Upper West Side. Click here to see this listing and more.

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  • Richard-Steinberg

    From left: Fred Peters and Richard Steinberg

    Richard Steinberg, Warburg Realty’s top-producing broker, is leaving the firm for rival Douglas Elliman, at a time when changes at the top at Warburg have created a schism in the company culture. [more]

  • Vickey Barron, 514 West 24th Street and Michael Stern

    Vickey Barron, 514 West 24th Street and Michael Stern

    Douglas Elliman’s Vickey Barron will be heading up sales at the copper-clad boutique condominium building that Michael Stern’s JDS Development Group and Largo Investments are planning near the High Line, a spokesperson for the project told The Real Deal[more]

  • NoMad Retail

    Rendering of retail at 1204-1216 Broadway in NoMad (inset: Gregory Cohen)

    Wholesale perfume, jewelry and beauty supply stores have long populated the stretch of Broadway between 29th and 30th streets, which until recently seemed immune to Manhattan’s retail boom. But that’s changing with the development of projects such as Virgin Hotel’s NoMad Center, which has landlords sensing an opportunity to bag pricier tenants. [more]

  • Douglas Elliman's February rental market report

    Douglas Elliman’s February rental market report

    Median rents in Manhattan were up in February for the 12th straight month, while Brooklyn saw a slight decrease that doesn’t appear to be the start of a downward trend, according to Douglas Elliman’s latest rental market report. [more]

  • From left: Nathan's famous Hot Dogs and Howard Lorber

    From left: Nathan’s famous Hot Dogs and Howard Lorber

    They say there’s no better investment than New York City real estate. While Douglas Elliman chairman Howard Lorber probably agrees with that, he’d add something to that list: hot dogs. [more]

  • From left: Doug Bowen and Paul Johansen

    From left: Doug Bowen and Paul Johansen

    Doug Bowen, who was CORE’s No. 1 townhouse broker in Fort Greene and Clinton Hill last year, has jumped to Douglas Elliman.

    Bowen, along with business partner Paul Johansen, will work out of Elliman’s offices on West 17th Street in Chelsea and Montague Street in Brooklyn, representatives for the brokerage told The Real Deal. [more]

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  • top_firms.jpgHoward Lorber is stepping up from hot dogs to finer dining — think orange miso-glazed monkfish, or Long Island duckling with vanilla sweet potatoes.

    The chairman of brokerage Prudential Douglas Elliman, who also serves in the same role for the hot dog chain Nathan’s Famous, is purchasing the fashionable  Southampton restaurant Savanna’s, which lists the above items on its contemporary American menu. Read the full story from the July 2008 issue after the jump.

  • Top residential agents of the week

    February 20, 2015 06:10PM
    Vannessa Kaufman and 247 Central Park West on the Upper West Side

    Vannessa Kaufman and 247 Central Park West on the Upper West Side

    Vannessa Kaufman of Sotheby’s International Realty topped this week’s residential listings with a $25 million townhouse on the Upper West Side. Click here to see this listing and more.

  • Douglas Elliman sold $18B in 2014

    February 17, 2015 05:12PM
    From left: Dottie Herman and Howard Lorber (Credit: Douglas Elliman)

    From left: Dottie Herman and Howard Lorber (Credit: Douglas Elliman)

    Douglas Elliman, New York City’s largest residential brokerage and a growing player across the country, sold $18 billion of real estate nationwide last year, representatives for the firm told The Real Deal. [more]


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