Nest Seekers expands to Long Island with brokerage acquisition

Manhattan-based firm is acquiring Shawn Elliott Luxury Homes and Estates

TRD New York /
Dec.December 18, 2017 02:50 PM

Shawn Elliott (credit: LinkedIn) and Eddie Shapiro

UPDATED, Dec. 18, 4:17 p.m.: Nest Seekers International acquired the Long Island-based brokerage Shawn Elliott Luxury Homes and Estates in a deal that expands the firm’s reach to the Gold Coast.

Shawn Elliott, founded in 2002 by the eponymous broker, serves Old Westbury, Brookville, Oyster Bay Cove, Roslyn and Woodbury among other towns. The firm claims to have 40 agents.

In a statement, Nest Seekers CEO Eddie Shapiro called the Gold Coast a “critical point between New York City and the Hamptons. It’s a missing piece that completes a regional picture for us.”

In 2014, Shawn Elliott opened an office inside a Rolls Royce showroom in Jericho.

Nest Seekers, which has about 800 agents in 20 offices, is a major player in Manhattan’s luxury condo market, largely through its star broker Ryan Serhant. In July, Serhant’s team took over the sales at Greenland Forest City’s development 550 Vanderbilt in Prospect Heights. Over the summer, his team lost several key agents. — Konrad Putzier

Note: A previous version of this post noted that the Shawn Elliott’s website lists 21 agents. A spokesperson has since told TRD that the website is not up-to-date and that the firm has 40 agents.


Related Articles

arrow_forward_ios
317 West 77th Street (Google Maps, iStock)

Townhouse owners make federal case of cell tower next door

Townhouse owners make federal case of cell tower next door
Fredrik Eklund, Julia Spillman and John Gomes (Getty, iStock)

Threatened by tech, agents turn to app

Threatened by tech, agents turn to app
(iStock)

Mortgage applications to buy homes now higher than a year ago

Mortgage applications to buy homes now higher than a year ago
155 West 11th Street and 1100 Park Avenue (FXFOWLE; Google Maps)

Manhattan luxury market shows tentative signs of activity

Manhattan luxury market shows tentative signs of activity
Clockwise from bottom left: Robert Reffkin of Compass, John Gomes, Scott Rechler of RXR Realty, Rich Barton of Zillow, Gary Keller of Keller Williams and Don Peebles of The Peebles Corporation (Getty)

“America is in crisis:” Real estate leaders address George Floyd protests

“America is in crisis:” Real estate leaders address George Floyd protests
16 Sutton Place (Credit: Google Maps)

Sutton Place co-op in turmoil over terrace fees

Sutton Place co-op in turmoil over terrace fees
Molly Townsend (Getty, iStock)

Ex-Douglas Elliman sales manager Molly Townsend joins Triplemint

Ex-Douglas Elliman sales manager Molly Townsend joins Triplemint
New home listings in Manhattan are up for the 4th week in a row. Contract signings, not so much. (Getty; iStock)

Manhattan resi listings are up while contracts “limp along”

Manhattan resi listings are up while contracts “limp along”
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...