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Engel & Völkers

430 Park Avenue, 11th Floor
New York, NY 10022
(212) 616-7600
Website
[email protected]

Engel & Völkers is a German-based real estate brokerage firm. It was founded in 1977 by Dirk Engel (Christian Völkers would join four years later), and has since expanded to nearly 600 offices worldwide. The firm also has its own in-house real estate brokerage academy, founded in 1996 to enhance its employee training. For years the company did not do much business in the United States, but it began to make inroads with two offices in Florida, capitalizing on the influx of Latin American investors (however, several of its Florida brokers would sue the company in 2011, alleging wrongful termination). In 2014 the firm broke into both the Canadian and New York City real estate markets, hiring several executives from Sotheby's International Realty. A year later, the firm expanded its New York City footprint by merging with boutique brokerage Mercedes/Berk. The firm has also been eyeing further expansion in Europe and into Asia.