Douglas Elliman’s losses mount. And the worst is yet to come
Douglas Elliman is preparing for an unforgiving market ahead. During an earnings call for the brokerage’s parent company, Elliman...
Douglas Elliman
About: Douglas Elliman is a residential real estate brokerage firm in the New York City area and one of the largest in the United States.
Headquartered in: New York, NY
Founded in: 1911
Founded by: Douglas L. Elliman
Lead by: Executive Chairman Howard Lorber; CEO Dottie Herman; President & COO Scott Durkin.
Douglas Elliman Q&A
Where is Douglas Elliman located?
Douglas Elliman is headquartered at 575 Madison Avenue, New York, NY 10022. They have multiple offices in New York City and do business throughout the Greater New York Area as well as California, Florida, Colorado, and Texas.
What does Douglas Elliman do?
Douglas Elliman's business focuses on brokering residential real estate. Elliman also has branches that focus on marketing, commercial real estate, and property management. Some of the firm's subsidiaries include Douglas Elliman Property Management, title insurer PDE Title, DE Capital Mortgage, and DE Development Marketing. Douglas Elliman also sponsors a quarterly housing-market report developed with appraisal firm Miller Samuels.
Who owns Douglas Elliman?
Douglas Elliman is 100% owned by New Valley LLC, which is owned by Vector Group Ltd., a holding company of which Howard Lorber is President and CEO.
Who are Douglas Elliman's top brokers?
The Real Deal ranks New York's top brokers annually. The following Douglas Elliman teams ranked among TRD's top agents by listings: #2: Richard Steinberg Team, $519.7M in listings #4: Eklund Gomes Team, $439.4M in listings #7 De Niro Team, $414.7M in listings #12 Roger Erickson Team, $262.9M in listings #14 Sabrina Saltiel Team, $231.4M in listings #17 Shemesh Team, $174.1M in listings #20 Azoulay Miles Team, $165.0M in listings #24 Vanderploeg Team, $159.4M in listings #33 Janice Chang Team, $140.8M in listings #36 Noble Black Team, $135.9M in listings #39 Madeline Hult Elghanayan, $126.0M in listings #40 Daneila Kunen Team, $120.4M in listings
Douglas Elliman Top Stories
August 23, 2019—Two Elliman brokers have launched a new platform, Feeasy, that facilitates unsecured personal loans for renters, sellers and buyers of real estate.
August 1, 2019—With Eklund moving his family out west and dividing his time between the two markets, the Elliman brokers gave TRD an exclusive preview of what’s to come.
The Latest
Seven agents splinter off from Eklund-Gomes team
After 17 months on the Eklund-Gomes team, Jessica Peters is striking out on her own. Peters, who has built...
Douglas Elliman fast-tracks podcast channel for agents
Video killed the radio star but now, Covid-19 may bring a few to life. Douglas Elliman is launching a...
Real estate agents shift to healthcare and social services to help tackle Covid-19
Before she became a Compass agent in 2014, Sara McNeil earned a master’s degree in social work from New...
Layoffs and furloughs hit NYC’s biggest resi firms
New York’s largest residential brokerages have laid off or furloughed a significant chunk of their employees, The Real Deal...
Strong quarter for Manhattan home sales belies current struggle
The first quarter of 2020 was a strong one for residential sales despite the coronavirus pandemic’s drag on fresh...
LA resi leaders predict “pent up demand” post-coronavirus
The world’s economy may tumble into a recession due to coronavirus, but some top Los Angeles real estate brokers...
Broker group asks StreetEasy to stop counting days on market
Time waits for no broker, especially in the era of coronavirus — and that’s why a group of agents...
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...
Thank you, Ken Griffin? Alexander Team cleans up at The Ellies
UPDATED, March 4, 5:51 p.m.: Big deals mean big rewards at Douglas Elliman — or at least major bragging...
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