Elliman nabs first LA exclusive

New DE office will market $1B Downtown Los Angeles project for Chinese firm

TRD New York /
Feb.February 07, 2014 01:50 PM

Not long after signing a lease for a Beverly Hills, Calif., office, Manhattan’s largest brokerage, Douglas Elliman, has been hired to handle sales and marketing for a $1 billion mixed-use development known as Metropolis Los Angeles, according to a spokesperson.

Chinese company Greenland USA, which is state-owned, plans to break ground on the site later this year. The project includes three condominium towers with a combined 1,428 units; a 19-story hotel; and a five-story parking deck. This is the first building Elliman has taken on since marking new territory in California.

The new office is set to open at 9440 Santa Monica Boulevard in March, as The Real Deal reported.

In addition to the firm’s 22 offices in New York City, Elliman has 27 offices on Long Island, nine in the Hamptons, six in Westchester County and 10 in South Florida. — Mark Maurer

Related Articles

John Giannone and Jac Credaroli (Credit: iStock)

Two Elliman agents launch platform to provide renters, buyers and sellers up to $50K in unsecured loans

Jacob Sudhoff and Scott Durkin (Credit: Sudhoff Companies, Emily Assiran, iStock)

Douglas Elliman is coming to Texas

Douglas Elliman chairman Howard Lorber (Credit: Getty Images and iStock)

Elliman’s revenue rose 18%, after sales frenzy to avoid New York’s new transfer tax

Developers and brokerages are getting creative for Art Basel

Developers and brokerages are getting creative for Art Basel

Jed Garfield of Leslie J. Garfield; Richard Grossman, president of Halstead Real Estate; Sarah Saltzberg, principal broker and CEO of Bohemia Realty Group; Douglas Elliman’s Howard Lorber

NYC brokers slam bias, promise action after Newsday exposé

(Credit: iStock)

The city’s rental growth is slowing

Natasha Page and Jason Walker

Lawsuit: Douglas Elliman broker called me a “mulatto”

Douglas Elliman's Scott Durkin (Credit: Getty Images, iStock)

Elliman foots bill for agents’ new business tool