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.
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.