Durkin’s departure was announced in an SEC filing on Monday and came after reports emerged about the nature of former Elliman CEO Howard Lorber’s retirement, which was allegedly pressured by Elliman’s board. Continue reading
Shareholder Bradley Tirpak said in a letter to investors published on Wednesday that Lorber’s leadership had fallen short as the firm has continued to see financial losses and scrutiny amid the Alexander brothers sexual assault scandal. Continue reading
With the investment, Kennedy Lewis co-founder and Co-Managing Partner David Chene will join Douglas Elliman’s board. Douglas Elliman also released preliminary Q2 2024 financial results. Continue reading
The complimentary platform will combine the services of a personal assistant with a dashboard of recommended vendors to help clients with the move-in process. Continue reading
If approved by the FTC and Vector Group’s board, Douglas Elliman’s shares would trade under the ticker “DOUG” on the New York Stock Exchange. Continue reading
The company also saw its sales volume climb to $10.1 billion in the first quarter of 2021, up 71 percent compared to the same period in 2020. Continue reading
Vector Group, which launched its proptech investment arm in March, has now added the New York-based tech-enabled home management service Humming Homes to its list of invested in companies. Continue reading
The holding corporation that owns one of the country’s largest tobacco manufacturers now owns 100 percent of Douglas Elliman. Continue reading