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PDE expansion continues with W'chester buy.

Prudential Douglas Elliman announced its recent acquisition of Prudential Holmes & Kennedy, a 40-year old brokerage servicing Westchester and Putnam counties.

"The Westchester market has a perfect synergy with our markets in New York City and Long Island, said Dottle Herman, president and CEO of Prudential Douglas Elliman.


"This expansion will allow us to better service our clients throughout the Greater New York area and to provide them with an even larger inventory of listings. We are thrilled to welcome Westchester agents to our family and to start 2011 with such strong growth."

Prudential Holmes & Kennedy, a family-run company, has been servicing Westchester and Putnam counties from well-established offices in Armonk, Bedford, Chappaqua, Katonah, Pleasantville, and Somers.

"The timing for this acquisition was perfect, and we are most excited to welcome this amazing company, Prudential Douglas Elliman, to my lifelong home territory." said William B. Holmes, the founder and CEO of Prudential Holmes & Kennedy.

"The vast majority of our buyers originate from the New York metro market. What could be better than this direct pipeline from Manhattan northward to us? This sale represents a significant event for all of our clients who stand to benefit immeasurably from the size, sophistication, and energy that Elliman brings to the table."

In the past three months, in addition to expansion to Westchester, Prudential Douglas Elliman also opened its first office in the Bronx, with the acquisition of John Edwards Real Estate, a boutique Riverdale agency.

Also recently acquired by Prudential Douglas Elliman is Prudential Galeria, a Long Island brokerage established in 1984 under the leadership of John Berookhim, servicing the towns of Williston Park, East Williston, New Hyde Park, Mineola, Albertson and surrounding areas.
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Title Annotation:LIVING SPACE; Prudential Douglas Elliman Real Estate acquired with Prudential Holmes & Kennedy
Comment:PDE expansion continues with W'chester buy.(LIVING SPACE)(Prudential Douglas Elliman Real Estate acquired with Prudential Holmes & Kennedy)
Publication:Real Estate Weekly
Article Type:Brief article
Geographic Code:1USA
Date:Jan 12, 2011
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