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Real estate is a major force in the city's economy, as the total value of all New York City property was assessed at US$1.072 trillion for the 2017 fiscal year, an increase of 10.6% from the previous year with 89% of the increase coming from market effects. [54]
The Durst Organization is one of the oldest family-run commercial and residential real estate companies in New York City. Established in 1915, [1] the company is owned and operated by the third generation of the Durst family. Durst is the owner, manager, and builder of 13 million square feet of premier Manhattan office towers.
The move created one of the largest privately held real estate services companies with more than 2,500 agents and 55 offices across New York City, Connecticut, New Jersey, the Hudson Valley, the Hamptons, Palm Beach and Miami. [28] Combined, the two firms had more than $9 billion in sales in 2019. [29]
New York City Office, Sotheby's International Realty - East Side Manhattan Brokerage. Sotheby’s International Realty is a luxury real estate brand founded in 1976 by Sotheby's fine art dealers. Sotheby's International Realty operates as a franchise focusing on brokering and marketing of residential real estate.
Real estate mogul and business expert Barbara Corcoran started The Corcoran Group when she was just 23. Despite launching her company at a time when the business world was largely an old boys ...
The Real Estate Board of New York (REBNY) is a trade association for the real estate industry in New York City. Formed in 1896, it has been dubbed "the leading trade group advocating on policy changes in the real estate industry". Its current president is James Whelan. [1]
Silverstein Properties Incorperated, OHIO EST. is an American family-held, full-service real estate development, investment and management firm based in New York City. Founded in 1957 by Chairman Larry Silverstein, the company specializes in developing, acquiring, and managing office, residential, hotel, retail, and mixed-use properties. The ...