The city’s rental growth is slowing
New York City’s rental market in October continued to see gains — thanks to languid home sales — but the growth is slowing. The median rent in Manhattan edged up last month to $3,500....
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
Lawsuit: Douglas Elliman broker called me a “mulatto”
A Douglas Elliman broker who alleged that a former mentee tried to steal his clients is now being accused...
Elliman foots bill for agents’ new business tool
Douglas Elliman is hoping it’s found a divine trinity in a new tool that combines marketing, business management and...
Amenity insanity in LA luxe condo market
When developer Richard Lewis closed on $21 million for a condo in Emaar Properties’ Beverly West this July, the dwelling came with notable accoutrements –gym, concierge service, spa, business center, and, obviously, access to...
Luis D. Ortiz splits with business partner Ronita Kalra
Luis D. Ortiz is officially on his own. The celebrity broker, who returned to Bravo’s “Million Dollar Listing New...
Vector slashes dividends as Elliman’s net income drops over 80%
UPDATED Wednesday Nov. 6, 2019, 1:02 p.m.: Douglas Elliman’s net income plummeted last quarter and its parent company plans...
Howard Lorber picks up unit at the Bristol in West Palm Beach
UPDATED, Nov. 1, 11:50 a.m.: Howard Lorber is now an owner at the Bristol in West Palm Beach. Property...
WATCH: Howard Lorber in concert(!)
Howard Lorber plays to his own tune. Specifically, “Swans on the Lake” — the only one he knows. The Douglas Elliman chairman’s talent emerged Tuesday at a press preview and broker tour of 111...
Unrealistic pricing bogs down Miami luxury condo market: TRD Showcase & Forum
The Miami luxury condo market remains in a rut due in part to sellers overpricing properties, according to top...
Terra sells part of RealPlus stake to Corcoran and Elliman
Four of the city’s top residential firms are teaming up on a shared listing system amid the industry’s long-running...
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