Douglas Elliman Realty Welcomes Jonathan Stein

Rhea-AI Summary

Douglas Elliman Realty announced the addition of top-producing agent Jonathan Stein and his team, based at the 111 Fifth Avenue office in New York City. In 2021, Stein had over $100 million in closed and in-contract sales, with his team bringing $28 million in listings to Douglas Elliman. Stein is recognized for significant deals, including a $14.5 million apartment at 140 Franklin Street. The firm's leadership praised Stein's record and professionalism, anticipating his continued success within their network.

Positive

• Jonathan Stein brings significant experience with over $100 million in sales in 2021.
• His team contributes $28 million in listings to Douglas Elliman.
• Stein's strong track record includes multiple high-value transactions, enhancing the firm's luxury portfolio.

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• None.

NEW YORK, Aug. 18, 2022 /PRNewswire/ -- Douglas Elliman Realty, one of the largest independent residential real estate brokerages in the United States, announced today that top-producing agent Jonathan Stein has joined the firm. He and his team will be based out of the company's 111 Fifth Avenue office in the Flatiron neighborhood.

"Douglas Elliman is one of the top firms in the U.S., with a strong national and international network," said Stein. "I am excited to be joining this powerhouse company that will enable me to work in multiple markets and on some of the best new development projects in the country." 

"Jonathan's record of achievement speaks for itself, and we are thrilled to have him and his team as part of the Elliman family," said Howard M. Lorber, Executive Chairman of Douglas Elliman. "His work ethic and professionalism make him a great fit for our firm, and we look forward to his continued success." 

A leader in luxury resales in New York City for almost a decade, Stein had over $100 million closed and in contract in 2021 and his team was ranked the top downtown team at his prior firm. The team includes Anthony Park, Ben Foden, Benjamin Jordan, Ben Nichols, Courtney Heisen, Frank Brucato, Nicky Hammond and Timothy Schneider. They will be bringing almost $28 million in listings over to Douglas Elliman. 

"We are excited to have Jonathan and his team at Douglas Elliman," said Scott Durkin, CEO of Douglas Elliman Realty. "We look forward to helping them continue to grow and build their impressive brand." 

Some of Stein's notable deals include a $14.5-million apartment at 140 Franklin Street, a $9,930,993 apartment at 1010 Park Avenue, an $8.5-million apartment at 230 Central Park South and a $7.6-million apartment at 247 Waverly Place. 

"Jonathan and his team are the perfect addition to the Douglas Elliman family," said Richard Ferrari, President and CEO of Douglas Elliman New York City and Northeast Region. "He is a force in New York real estate and his successful track record in high-end sales and rentals makes him a natural fit for our brokerage."

Prior to real estate, Stein worked in private equity. He holds a Bachelor of Science from Champlain College. In his free time, you can find him fly fishing, sporting clays, racing motorcycles, collecting cars and collecting antiquarian first-edition books.

About Douglas Elliman Inc.

Douglas Elliman Inc. (NYSE: DOUG, "Douglas Elliman") owns Douglas Elliman Realty, LLC, which is one of the largest residential brokerage companies in the United States with operations in New York City, Long Island, Westchester, Connecticut, New Jersey, the Hamptons, Massachusetts, Florida, California, Colorado, Texas and Nevada. In addition, Douglas Elliman sources, uses and invests in early-stage, disruptive property technology ("PropTech") solutions and companies and provides other real estate services, including development marketing, property management and settlement and escrow services in select markets. Additional information concerning Douglas Elliman is available on its website, www.elliman.com.

Investors and others should note that we may post information about Douglas Elliman on our website at www.elliman.com or, if applicable, on our accounts on Facebook, Instagram, LinkedIn, TikTok, Twitter, YouTube or other social media platforms. It is possible that the postings or releases could include information deemed to be material information. Therefore, we encourage investors, the media and others interested in Douglas Elliman to review the information we post on our website at www.elliman.com and on our social media accounts.

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SOURCE Douglas Elliman Realty

FAQ

Who is Jonathan Stein and what are his achievements?

Jonathan Stein is a top-producing agent who had over $100 million in closed and in-contract sales in 2021, and he is known for significant deals in high-end real estate.

What impact does Jonathan Stein joining Douglas Elliman have?

Stein's addition enhances Douglas Elliman's luxury portfolio with $28 million in listings and his established reputation in New York City's real estate market.

When did Douglas Elliman announce Jonathan Stein's joining?

Douglas Elliman announced Jonathan Stein's joining on August 18, 2022.

What is the stock symbol for Douglas Elliman?

The stock symbol for Douglas Elliman is DOUG.