Top Elliman exec Gerringer resigns

Apr.April 20, 2010 02:00 PM

Andrew Gerringer, who founded Prudential Douglas Elliman’s Development Marketing Group and has been with the company since 1991, resigned yesterday.

Gerringer, a managing director at Elliman, told The Real Deal that he has accepted a position at another company, but said he could not yet release the name of the firm.

Elliman’s Development Marketing Group is one of the top new development marketers in the city, selling high-profile projects such as the Apthorp.

Gerringer got his start in residential real estate when he took a position with the new development specialist the Marketing Directors in the 1980s. Previous to that, he’d worked as a salesman for health care supplies.

After the market crashed in the late ‘80s, Gerringer moved to Elliman and began working with bank-owned properties. He founded the Development Marketing Group in the early 1990s.

Dottie Herman, Elliman’s president and CEO, was not immediately available for comment.

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