Douglas Elliman is an American

real estate company Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw Real Estate, land and the sale of developed land or parce ...

. Douglas Elliman employs more than 7,000 agents and has 113 offices in New York City and across the country. The company also has a number of subsidiaries related to real estate services such as Douglas Elliman Development Marketing, Douglas Elliman Property Management, DE Commercial and DE Title. The current chairman and

CEO A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in variou ...

is Michael Liebowitz.

History and overview

Douglas Elliman was founded in 1911, as a basement store at 421 Madison Avenue in

Manhattan Manhattan ( ) is the most densely populated and geographically smallest of the Boroughs of New York City, five boroughs of New York City. Coextensive with New York County, Manhattan is the County statistics of the United States#Smallest, larg ...

. The company was sold to the Milstein family ( Seymour Milstein and Paul Milstein) in 1989 and then again to Insignia Financial Group (now

CB Richard Ellis CBRE Group, Inc. (an initialism of Coldwell Banker Richard Ellis) is an American commercial real estate services and investment firm with corporate headquarters in Dallas, Texas and global financial headquarters at Lever House in Midtown Manh ...

) in 1999. In 2003, Insignia sold Douglas Elliman to Montauk Battery Realty, an affiliate of

Vector Group In electrical engineering, a vector group, officially called a connection symbol, is the International Electrotechnical Commission (IEC) method of categorizing the high voltage (HV) windings and low voltage (LV) winding configurations of three-ph ...

's New Valley LLC subsidiary. In 2012, the company dropped "Prudential" from its name, returning to its original 1911 name. It has a partnership with London-based Knight Frank LLP for residential business. Douglas Elliman affiliates include DE Property Management, DE Title and DE Capital Mortgage. In December 2021 Douglas Elliman was spun off from Vector Group.

Regional branches

* Douglas Elliman New York covers the New York Metropolitan area, with 22 offices in

New York City New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive w ...

, 26 offices on

Long Island Long Island is a densely populated continental island in southeastern New York (state), New York state, extending into the Atlantic Ocean. It constitutes a significant share of the New York metropolitan area in both population and land are ...

, and six offices in Westchester (headquarters at 101 King Street, Chappaqua) and Connecticut (headquarters at 88 Field Point Road in

Greenwich, Connecticut Greenwich ( ) is a New England town, town in southwestern Fairfield County, Connecticut, United States. As of the 2020 United States census, 2020 census, it had a population of 63,518. It is the largest town on Gold Coast (Connecticut), Connectic ...

). The company produces research on the New York City real estate market that is used to measure real estate activity by media and other organizations. It is a member of the Real Estate Board of New York (REBNY). A reality television series titled '' Selling the City'' which follows a group of agents from this branch premiered in 2025 on

Netflix Netflix is an American subscription video on-demand over-the-top streaming service. The service primarily distributes original and acquired films and television shows from various genres, and it is available internationally in multiple lang ...

. * Douglas Elliman Florida has its headquarters at

1111 Lincoln Road 1111 Lincoln Road is a parking garage in the South Beach section of Miami Beach, Florida, designed by the internationally known Swiss architectural firm of Herzog & de Meuron. It is located at the western end of the Lincoln Road Mall at the inte ...

South Beach South Beach, also nicknamed colloquially as SoBe, is a Neighborhoods of Miami Beach, Florida, neighborhood in Miami Beach, Florida. It is located east of Miami between Biscayne Bay and the Atlantic Ocean. The area encompasses Miami Beach south ...

Miami Miami is a East Coast of the United States, coastal city in the U.S. state of Florida and the county seat of Miami-Dade County, Florida, Miami-Dade County in South Florida. It is the core of the Miami metropolitan area, which, with a populat ...

, one of five South Beach offices, with 14 other offices across the state. In September 2013, Douglas Elliman named Jay Phillip Parker, a Florida attorney and real estate entrepreneur, as CEO of the Florida brokerage. * Douglas Elliman California opened its

Beverly Hills Beverly Hills is a city located in Los Angeles County, California, United States. A notable and historic suburb of Los Angeles, it is located just southwest of the Hollywood Hills, approximately northwest of downtown Los Angeles. Beverly Hil ...

headquarters in 2015, in a building designed by Patrick Tighe. In 2017, Douglas Elliman acquired Teles Properties, a Southern California competitor. When the acquisition is complete, the combined firm will be the second-largest non-franchise residential brokerage in California based on sales volume, after Pacific Union. In 2016 Elliman and Teles had a combined sales volume of around $4 billion in California and $27.4 billion nationwide, according to Douglas Elliman. Following the acquisition, the Teles name was dropped. * Douglas Elliman Hamptons has headquarters at 2488 Main Street Bridgehampton, one of nine East End offices.

Notable brokers

* Tal and Oren Alexander * Josh Altman *

Penny Crone Barbara Penny Crone Forney (born 1950 in New York City) is a former United States, American television and radio reporter, media personality, and current real estate broker for the Douglas Elliman real estate company in New York. Career Born in ...

* Raphael De Niro * Fredrik Eklund * Luis D. Ortiz * Tracy Tutor * Kendra Wilkinson

Philanthropy

Douglas Elliman's philanthropic donations include the

American Heart Association The American Heart Association (AHA) is a nonprofit organization in the United States that funds cardiovascular medical research, educates consumers on healthy living and fosters appropriate Heart, cardiac care in an effort to reduce disability ...

Central Park Conservancy The Central Park Conservancy is an American private, nonprofit park conservancy that manages New York City's Central Park under a contract with the government of New York City and NYC Parks. The conservancy employs most maintenance and opera ...

, the Gold Coast Film Festival, and

Big Brothers Big Sisters of New York City Big Brothers Big Sisters of NYC is a 501(c)(3) non-profit organization based in New York City whose mission is to help children reach their potential through professionally supported, one-to-one relationships with mentors that try to have a measura ...

. In 2013, the company donated $100,000 to the Southampton Hospital Foundation.

References

External links

Douglas Elliman Real Estate
official website
Douglas Elliman Florida
South Florida subdivision
Douglas Elliman Property ManagementDE Title
*John Holusha

''New York Times'', May 29, 1999 {{Authority control Real estate companies of the United States Real estate services companies of the United States Real estate companies established in 1911 Companies based in New York City American companies established in 1911