Dottie
Herman is the quintessential New York success story. In two decades,
she has gone from a mid-Long Island real estate broker to the
pinnacle of the New York real estate world – CEO of Prudential
Douglas Elliman.
Today,
her domain covers 3,000 real estate professionals and 650 employees
working in 60 offices from Manhattan to Montauk. Under her leadership,
Prudential Douglas Elliman has become a $10 billion business,
and is on track to hitting $12 billion in 2005.
In
addition to New York’s largest residential real estate brokerage,
she now also controls a portfolio of real estate services, including
Manhattan’s largest residential property manager, Douglas
Elliman Property Management, as well as Liberty Land Title, and
Preferred Empire Mortgage Company.
Dottie
began her career on Long Island, and purchased Prudential Long
Island Realty in 1989. After turning Prudential into the powerhouse
brokerage of Long Island and the Hamptons, she purchased Douglas
Elliman, Manhattan’s largest brokerage, with her partner
Howard Lorber, in 2003. Since then, Prudential Douglas Elliman
has become the largest and fastest-growing real estate firm in
New York, completing over 14,000 transactions a year from Manhattan
to Montauk.