From the February issue: Douglas Elliman chairman Howard Lorber, whose Vector Group owns about 50 percent of the firm To outsiders, it may be hard to distinguish between New York City’s big real estate firms. But behind the scenes, even firms of similar sizes and reputations can have vastly different ownership structures. Many of the city’s residential brokerages, for example, have long been privately owned by families. Others have large, publicly traded corporate parents. Still [more]Image may be NSFW.
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