Elliman’s Lorber on Madoff victim list

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Howard Lorber, chairman of Prudential Douglas Elliman, is on the list of Bernard Madoff victims, according to Vanity
Fair. Vanity Fair looks at how Madoff’s Ponzi scheme has dampened the
Hamptons market this summer, as prices dropped and money was flushed from the area. Another victim is Lowell Schulman, a Westchester developer who built
the Atlantic Golf Club in Bridgehampton. Schulman’s East Hampton home
is up for rent. According to Vanity Fair, the Atlantic’s membership was
hit hard by Madoff, who occasionally drove down from his Montauk house
to play golf. “I go through my customer base [and] it’s shocking how many of
them were Madoff victims,” said one Hamptons broker. “A lot of them
were members of the Atlantic.”

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