Douglas Elliman is an American real estate company. 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 is Michael Liebowitz.

History and overview

Douglas Elliman was founded in 1911, as a basement store at 421 Madison Avenue in Manhattan. 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) in 1999. In 2003, Insignia sold Douglas Elliman to Montauk Battery Realty, an affiliate of Vector Group'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

Notable brokers

Philanthropy

Douglas Elliman's philanthropic donations include the American Heart Association, Central Park Conservancy, the Gold Coast Film Festival, and Big Brothers Big Sisters of New York City. In 2013, the company donated $100,000 to the Southampton Hospital Foundation.