Vector Group


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Douglas Elliman chairman Howard Lorber (Lorber by Chip Somodevilla/Getty Images; iStock)
New York

Douglas Elliman’s New York revenues fall by half

Douglas Elliman tried to get into fighting shape last quarter, trimming $20 million in costs through layoffs, furloughs and...

Douglas Elliman’s New York revenues fall by half
Offerpad CEO Brian Bair (Credit: iStock; Offerpad)
National

Offerpad debuts home-listing service

Offerpad on Monday launched a real estate solutions division that lets clients list their homes for sale with Offerpad employees and use its concierge services to get those homes ready for market, Inman reported....

Offerpad debuts home-listing service
Vector Group president and CEO Howard Lorber (Getty, iStock)
National

Howard Lorber’s comp is too damn high: Investors

Shareholders are sending Vector Group’s C-suite a message — and it’s aimed at their wallets. On Thursday, the publicly...

Howard Lorber’s comp is too damn high: Investors
Elliman’s net income drops 80%
National

Elliman’s net income drops 80%

UPDATED Wednesday Nov. 6, 2019, 1:02 p.m.: Douglas Elliman’s net income plummeted last quarter and its parent company plans to cut back on payouts to investors. Vector Group will halve its quarterly cash dividend...

Elliman’s net income drops 80%
Vector CEO Howard Lorber (Credit: Getty Images)
National

Blaming slow NYC sales, Elliman reports $10M loss in Q1

UPDATED: May 8, 11:25 a.m.: Citing slow sales in New York City, Douglas Elliman’s losses widened 28 percent during...

Blaming slow NYC sales, Elliman reports $10M loss in Q1
To buy Teles, Elliman will crack open its $102M war chest

To buy Teles, Elliman will crack open its $102M war chest

From TRD New York: The ink’s not quite dry on Douglas Elliman’s acquisition of Beverly Hills-based Teles Properties — a fast-growing firm...

To buy Teles, Elliman will crack open its $102M war chest
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