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Corcoran group expansion aimed at second-home market.


The Corcoran Group, New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 City's largest residential real estate brokerage company, announced that its parent company, NRT Incorporated NRT Incorporated is the nation's largest residential real estate brokerage company. It is a subsidiary of Realogy Corporation. NRT's commercial operations rank as the twelfth largest corporate-owned commercial real estate brokerage in the country.  acquired Cook Pony pony, small horse, officially any horse under 14.2 hands (58 in./145 cm) high. Most ponies are of Celtic origin. They are noted for their extreme hardiness and gentle natures. Some ponies are only 26 in. (65 cm) high. See Shetland pony; Welsh pony.  Farm Real Estate, Inc., in East Hampton East Hampton or its variants is the name of several places in the United States:
  • East Hampton, Connecticut
  • East Hampton (town), New York
  • East Hampton (village), New York
  • East Hampton Hospital Trust, the setting for the British sitcom Green Wing
, N.Y., and Paulette Koch Koch , Robert 1843-1910.

German bacteriologist who discovered the cholera bacillus and the bacterial cause of anthrax. He won a 1905 Nobel Prize for developing tuberculin.



Koch

named after Robert Koch, a German bacteriologist.
 Real Estate, Inc., in Palm Beach, Fla.

Both companies signed an agreement merging their operations under the leadership of The Corcoran Group.

This strategic expansion of The Corcoran Group caters to buyers of multiple residences in three of the most sought after primary and second home markets: Manhattan, the Hamptons and Palm Beach.

"We have found that a significant number of our New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 clients tend to gravitate grav·i·tate  
intr.v. grav·i·tat·ed, grav·i·tat·ing, grav·i·tates
1. To move in response to the force of gravity.

2. To move downward.

3.
 toward the Hamptons and Palm Beach for their second homes, and in some cases, their third homes," said Pamela Liebman, president and chief executive officer of The Corcoran Group.

"Almost always, they share the same special needs that must be catered to in a way that fits their lifestyle--and I am proud that The Corcoran Group will be there for them, delivering the same unwavering high-touch service and superior local market knowledge that they have come to expect from us in the city."

Liebman will expand her role as president and chief executive officer of The Corcoran Group to oversee operations in New York City, the Hamptons and Palm Beach. In the Hamptons, Melanie Ross, president and chief executive officer of Cook Pony Farm Real Estate, will assume the role of regional vice president for The Corcoran Group.

Cook Pony Farm vice presidents Judi Desiderio and Michael DeSario will become vice president of education and vice president of administration, respectively, for The Corcoran Group in the Hamptons.

Cook Pony Farm's other partners, John Cataletto and Morry Blutstein, will continue to have integral sales roles for the new entity in the Hamptons. In Palm Beach, Wade Shavell, of Coldwell Banker Riverside-Sliavell, will lead the office and assume the title of regional vice president of The Corcoran Group.

Paulette Koch, president of Paulette Koch Real Estate company, will be vice president of sales for The Corcoran Group in Palm Beach.

With the merger of these companies, The Corcoran Group will have 20 offices and 1,050 sales associates in New York City, the Hamptons and Palm Beach.
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Article Details
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Title Annotation:Residential
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Oct 29, 2003
Words:368
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