TRD Quarantine Cribs: Take a tour of Cathy Franklin’s whiskey distillery & home
Here at The Real Deal, we’re delivering news and analysis every day — and lately it feels like a lot of doom-and-gloom. But one...
Corcoran
About: Corcoran Group is a residential real estate brokerage firm in New York, with branches in the Hamptons and South Florida.
Headquartered in: New York, NY
Founded in: 1973
Founded by: Barbara Corcoran
Lead by: CEO Pam Liebman; President of Sales Bill Cunningham; President of Corcoran Sunshine Marketing Group Kelly Kennedy Mack.
Corcoran Q&A
What does Corcoran do?
Corcoran focuses on residential real estate. They have over 2,200 agents and report sales of over $21 billion annually. In The Real Deal's 2019 Data Book, Corcoran was ranked the #2 firm for both listings volume with $4.70 billion across 1,143 listings and closed sales volumes, with $4.53 billion after an undisclosed number of sales.
Where does Corcoran operate?
Corcoran operates in New York City, the Hamptons, and South Florida. It began on the Upper East Side, expanded throughout Manhattan in the 1980's, and into the Hamptons and South Florida in 2003.
Who owns Corcoran?
It is owned and operated by NRT, a subsidiary of Realogy, which also owns firms including Citihabitats, Coldwell Banker, and Sotheby's International Realty.
Who are Corcoran's biggest agents?
The Real Deal regularly updates its rankings of major real estate players. For our most recent coverage, check out the Top Stories below. In 2018, TRD listed these Corcoran agents as the top listing agents by closed sales: #2 Vicky Barron Team (now at Compass) #7 Carrie Chiang-Janet Wang Team #8 Steven Gold #10 Deanna Kory Team #15 Deborah Grubman Team #20 Pham-Herzberg Team
Corcoran Top Stories
The Latest
Rental concessions are on the decline, but the size of incentives is growing
New York City’s rental market emerged strong from a month in which it was briefly turned on its head...
Realogy’s 2019 revenue slides 3% to $5.6B
Even as the housing market improved and competition grew more “rational,” Realogy Holdings said it generated $5.6 billion in 2019 revenue, down 3 percent year over year. The company also said it lost $188...
Goodbye, NRT. Hello, Realogy Brokerage Group
Realogy is saying goodbye to its alphabet soup of names. Amid a company-wide consolidation, the real estate brokerage giant...
Corcoran, Citi Habitats to merge
UPDATED: January 28, 11:20 a.m.: After operating as “sister” companies for nearly two decades, the Corcoran Group and Citi Habitats are merging under the Corcoran banner to better compete in an increasingly cutthroat brokerage...
Steve Gold loses exclusive at record-setting Harlem project
In move fit for a plotline on “Million Dollar Listing New York,” Compass swooped in on one of the...
Amazon, WeWork and more — the biggest real estate stories of 2019
Some of the biggest real estate stories of the past year revolved around the actions of two companies: WeWork...
Revealed: Corcoran’s “hacked” files
One third of the Corcoran Group’s gross commissions last year came from just 37 of its 1,239 brokers. The New York firm gave at least one top agent a $120,000 marketing budget. And, besieged...
Corcoran shakeup: Bill Cunningham out; Gary Malin now COO
Bill Cunningham, the Corcoran Group’s president of sales, is leaving the firm, The Real Deal has learned. The move...
To pay off debt, Realogy to sell relocation biz for $400M
As it looks to pay down debt, Realogy — the country’s largest brokerage conglomerate — is selling its relocation...
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