New YorkDec 31, 2018Dottie Herman sells stake in Douglas Elliman for $40MHerman and Howard Lorber bought firm for $72M in 2003
New YorkAug 3, 2021Dottie Herman out as Elliman CEO, Scott Durkin to assume roleHerman, who will stay on as an advisor, sold her stake in the brokerage in 2018
New YorkJan 3, 2019If Dottie Herman cashed out for $40M, what is Elliman worth?“As a buyer, you always want an aggressive price. She didn't have to sell.”