Prudential Douglas Elliman acquires Goodstein Realty.Prudential Douglas Elliman, the largest privately owned real estate brokerage in 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. , has announced the acquisition of the residential real estate firm Goodstein Realty realty n. a short form of "real estate." (See: real estate) REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property. . Dottie Herman, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Prudential Douglas Elliman, will oversee operations in Manhattan and Long Island. With this announcement, Prudential Douglas Elliman will add offices in Great Neck and Roslyn, New York Roslyn (/ROHZ-lin/) is a village in Nassau County, New York on the North Shore of Long Island. As of the United States 2000 Census, the village population was 2,570. Roslyn was once called Hempstead Harbor, but its named changed to Roslyn on September 7, 1844 due to postal to its existent ex·is·tent adj. 1. Having life or being; existing. See Synonyms at real1. 2. Occurring or present at the moment; current. n. One that exists. Adj. 1. 53 offices that stretch from Manhattan to Montauk. The addition of these two offices will consolidate Prudential Douglas Elliman's formidable presence over the entire North Shore of Long Island. "I am pleased and proud to welcome Ivan Goodstein and his agents to our family," said Herman. "Goodstein Realty has stood for honesty, integrity and ethics for over 77 years and their dedication to providing the ultimate real estate experience for their customers is a natural fit for us." Goodstein Realty is well-known in Manhattan and Long Island as a third generation family owned and operated boutique firm with a solid presence in presence in residential sales, rentals, marketing, construction and development. The firm has over 145 agents and 5 offices and accounted for a total closed sales volume of $355 million in 2003. Esther Muller Mul·ler , Hermann Joseph 1890-1967. American geneticist. He won a 1946 Nobel Prize for the study of the hereditary effect of x-rays on genes. Mül·ler , Johannes Peter 1801-1858. , president and CEO of Esther Muller Consultants, was instrumental in the initiation of this merger. In the course of her work as a mergers and acquisitions consultant for the residential brokerage community, Ms. Muller recognized a natural synergy between the two companies. "This is an excellent union that will benefit both organizations and their clients," said Muller. "The sale of our brokerage division will allow us to refocus Verb 1. refocus - focus once again; The physicist refocused the light beam" focus - cause to converge on or toward a central point; "Focus the light on this image" 2. operations to the development side of the company," said Ivan Goodstein, CEO and president of Goodstein Development. "This alliance with Prudential Douglas Elliman will allow greater opportunity for synergies between two industry leaders of residential real estate development and management." |
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