In lawsuits filed this fall, Douglas Elliman accused escrow employees of concocting a commission-sharing scheme with the “star of a reality television show” but stopped short of naming Oppenheim. Continue reading
In the spring, he sold another Aspen mansion for $110 million, making a substantial profit after purchasing the property for $72.5 million in 2021. In September, he acquired Jack Nicholson’s former estate for $59.75 million in an off-market deal. Continue reading
The estate — built around 1990 — has undergone extensive renovations after being purchased for $18 million in 2021, but local real estate agents say that some might consider the home a teardown and opt to raze it to make way for something more modern… Continue reading
James Mullis has appealed the final approval of settlements totaling $110 million — a move that suggests the battle over how agents practice and get paid is far from over. Continue reading
This year has been tough on real estate. But investors think several major companies have done enough to boost their standing — and box out key competitors. Continue reading
Penthouses asking $45 million and $39 million topped Manhattan luxury contracts during the week ending Nov. 17, according to Olshan Realty’s weekly luxury report. A total of 37 contracts were signed on properties priced $4 million and up. Continue reading
Ye’s new mansion spans about 20,000 square feet and sits on about seven acres. The property last sold for $24.5 million in 2022. Continue reading
The temporary restraining order alleges that Tal and Oren Alexander moved the underlying collateral on a loan that the firm extended to Official Partners two years ago in a potential attempt at “dissipating the assets.” Continue reading
In advance of his retirement from the firm, Lorber allegedly underwent a five-hour-long internal inquiry, Bloomberg reported, during which he disclosed intimate relationships with agents Jennine Gourin and Jessica Cohen. Continue reading
New company CEO Michael Liebowitz stressed in an investors call Thursday morning that Douglas Elliman is seeking to diversify its revenue streams and increase ROI as it enters a “new era.” Continue reading