Douglas Elliman Expands to Boston Luxury Real Estate Market
September 29, 2017
Douglas Elliman announced yesterday that it is acquiring the Boston luxury firm, Otis & Ahearn. The transaction is expected to be closed next month and will give Douglas Elliman an additional three office in Boston and one in Charlestown with 30 sales associates specializing in the markets from Back Bay to the Boston Gold Coast.
Founded in 1978 by Kevin J. Ahearn, Otis & Ahearn enjoys a major presence in Boston’s real estate market with sales that include luxury homes and new development condos along the downtown waterfront. Ahearn who will be named CEO of Douglas Elliman’s Boston division, said ‘œthere is no other company that could match the national and international reach that our agents and clients will gain from this union. The Douglas Elliman umbrella will help propel our agents to new, untold levels of success.’ See PR Newswire article
Douglas Elliman Chairman Howard Lorber told the Boston Globe that the acquisition will give DE the chance to market the city’s growing inventory of new condominium developments. ‘œWe thought it was a natural, and we wanted to wait for the right opportunity,’ Lorber told the Globe. ‘œWe try to enter markets where we think we can make a real dent in new development.’ See Boston Globe article
The acquisition is the latest in Douglas Elliman’s ongoing expansion. Last month, Douglas Elliman acquired Teles Properties, a Los Angeles based company with 20 offices in California and five in Colorado. See Long Island Business News article
How does Douglas Elliman’s nationwide expansion effect sellers in South Florida? It provides the strongest global exposure under one organization. An oceanfront home listed in the Palm Beaches is immediately showcased to thousands of agents across the nation and high-end buyers are readily accessible through well-organized networking efforts across the globe. Nicholas Malinosky and Randy Ely are pleased to be with Douglas Elliman’s Delray Beach office. Mr. Malinosky and Mr. Ely are ready to help you achieve your luxury real estate goals. Contact them today.
Global Exposure Through Douglas Elliman and Knight Frank Partnership
September 22, 2017
Douglas Elliman Real Estate’s exclusive alliance with Knight Frank Residential allows their luxury agents to showcase the company’s listings to over 520 offices across 60 countries and 6 continents. As the leading residential agencies in New York and London, these two industry giants have been working together since the 1970’s through international referrals deciding to formalize the partnership in 2014.
Douglas Elliman luxury agent Nicholas Malinosky is pleased to be part of this global alliance. In order to maximize this valuable network, Mr. Malinosky planned a recent business trip to London to visit the Knight Frank’s Mayfair office. It was a tremendous opportunity to introduce his South Florida listings to his UK colleagues, learn about London’s offerings and compare notes about the current real estate trends in these two luxury markets. When asked about the meeting, Malinosky said, ‘œIt was a great chance to talk with colleagues about our respective listings and markets. These agents are at the top of their game doing what Randy Ely and I have the privilege of doing in South Florida ‘“ marketing and selling amazing properties.’
Knight Frank’s website explains it best: ‘œOperating in locations where our clients need us to be, we provide a worldwide service that’s locally expert and globally informed.’ With co-branded offices in key high net worth markets, Douglas Elliman and Knight Frank provide their agents global access to qualified buyers, not available to any other real estate professionals in the industry. Over 21,570 luxury agents network with their colleagues throughout the world and showcase their exclusive listings utilizing an exclusive database of over 700 billionaires.
Thanks to a superb media strategy, Douglas Elliman and Knight Frank increase brand awareness through print, digital, social and public relation outlets. For instance, each Elliman publication is available in Knight Frank offices and all of Douglas Elliman’s exclusive listings over $1.5M are featured on knightfrank.com. The Wealth Report is a Douglas Elliman and Knight Frank exclusive publication best explained on Elliman.com, ‘œNow in its 11th year, The Wealth Report is the industry’s leading publication on global prime property markets, wealth, distribution and investment sentiment. The world is becoming an ever smaller place and operates more as a global marketplace. The impact of how one region performs can positively or negatively affect another. The Wealth Report offers invaluable insight into global trends and what will impact personal assets in the years to come.’
Douglas Elliman agents, Nicholas Malinosky and Randy Ely are honored to be designated as Executive Directors of Luxury Sales in the Delray Beach office. With a commitment to client service and results, Mr. Malinosky and Mr. Ely utilize Douglas Elliman’s resources knowing that when they list a beach area property in South Florida, it is going to be showcased to potential buyers and luxury agents worldwide. No other brand offers that power or exposure.
Looking to sell a luxury property in South Florida? Contact Randy & Nick to start the conversation.
$50M Buys You a Collection of Private Islands Off Coast of Connecticut
September 19, 2017
Did you know that you can buy a collection of private islands for just $50M? A recent article in Country Living featured the collection of eight private island off the Coast of Connecticut complete with stunning photos and description.
The unique listing features six national historic districts including the entire Thimble Island archipelago. There are historical homes located on the islands that date back to the late 19th and early 20th centuries. Boasting exceptional ocean views, the islands are accessible only by boat. The largest island, Roger Island can be purchased separately for $35M and features a large Tudor estate, Victorian house and guesthouse, formal gardens, fountains, a waterfall, tennis court, putting green and greenhouse.
The sale also includes Wheeler Island and ‘Cut-in-Two’ East & West Islands which are connected by a pedestrian bridge. The islands are listed by Douglas Elliman agent Melissa Frank Lutz. See Country Living article by Elizabeth Finklestein
Douglas Elliman Real Estate is one of the top real estate companies in the United States with more than 7,000 luxury agents in over 110 offices in Manhattan, the Hamptons, Greenwich, Miami, Palm Beach, Aspen and Beverly Hills to name a few. Douglas Elliman agents, Nicholas Malinosky and Randy Ely are honored to be designated as Executive Directors of Luxury Sales in the Delray Beach office. With numerous record-breaking sales to their credit, Nick and Randy are industry leaders who specialize in the oceanfront and beach area market of the Palm Beaches. They also work closely with their Douglas Elliman colleagues across the nation.
Whether you are interested in buying the eight islands of Connecticut’s coastline or looking for an oceanfront estate in South Florida, contact Nicholas Malinosky and Randy Ely to discuss your luxury real estate goals.
Douglas Elliman Luxury Agents Randy Ely and Nicholas Malinosky Featured in the News
September 2, 2017
Douglas Elliman agents Nicholas Malinosky and Randy Ely were featured in the news again. South Florida CityBizList covered Randy & Nick’s exciting and productive week listing $16.45 million worth of luxury properties in one day. The four waterfront properties are located in Palm Beach County and each hit the market on August 28, 2017. See full article
Check out the four luxurious homes:
3232 Polo Drive in Gulf Stream
*Listed for $5.95M
*150 Feet of Waterfrontage, Dock with lift
*Pool with Spa and Covered Loggia
*Marble & Hardwood Floors
*5 Bedrooms / 6.1 Baths
*5,242 A/C Sq Ft / 7,137 Total Sq Ft
50 Spoonbill Road in Manalapan
*Listed for $3.875M
*104 Feet of Waterfrontage, Dock with lift
*Pool, Covered Loggia and Sunset Views
*Terrazzo and Hardwood Floors
*6 Bedrooms / 6 Baths
*4,734 A/C Sq Ft / 6,534 Total Sq Ft
13 Ocean Harbour Circle in Ocean Ridge
*Listed for $3.375M
*87 Feet of Waterfrontage, Dock with Sport Port
*Pool with Spa, Patio and Covered Loggia
*Marble and Hardwood Floors, Volume Ceilings
*4 Bedrooms / 4.1 Baths
*4,844 A/C Sq Ft / 7,027 Total Sq Ft
124 Marlin Drive in Ocean Ridge
*Listed for $3.25M
*100 Feet of Waterfrontage, Dock with lift
*Pool with Spa, Custom Lighting and Covered Loggia
*Open Floor Plan with First Floor Master Suite
*4 Bedrooms / 3.1 Baths
*3,924 A/C Sq Ft / 5,643 Total Sq Ft
Looking to buy or sell an oceanfront, waterfront or beach area home in South Florida? Contact Nicholas Malinosky and Randy Ely to discuss the luxury real estate market or for a free no-obligation property consultation.
Douglas Elliman’s The Randy and Nick Team List $16.45 Million Worth of Properties in One Day
Douglas Elliman Floridaagents Randy Ely and Nicholas Malinosky ofThe Randy and Nick Teamproudly announced today they have just listed $16.45 million worth of luxury waterfront listings. Located throughout Palm Beach County, the residences each hit the market on August 28.
“We are very excited to list these four exceptional properties today, which are a clear indicator of the growth we are experiencing in Douglas Elliman’s Delray Beach office,” said Malinosky, who is based out of the brokerage’s Delray Beach office, which opened last fall. “We’re honored to add these listings to our portfolio of trophy homes and each of these luxurious residences undoubtedly offer incredible investment opportunities for buyers in Palm Beach County.”
Just Listed in Palm Beach County: Beach Area Waterfront Home in Gated Community
September 1, 2017
Nicholas Malinosky with Douglas Elliman just listed a luxury waterfront home in one of Palm Beach County’s beach area gated communities.
Sure to please, 13 Ocean Harbour Circle, Ocean Ridge, Florida hit the luxury real estate market on August 28, 2017 with a list price of $3.375 million. Located in the prestigious gated community of Ocean Harbour Estates, the property is featured in Beach MLS and on several websites including RandyandNick.com, Elliman.com, KnightFrank.com, Zillow.com and Realtor.com.
Ocean Harbour Estates is a gated and private enclave of 15 stunning waterfront homes. This luxurious two-story custom home is perfectly located on the cul-de-sac at the end of the Palm Beach style palm tree lined street. The decorative driveway and manicured landscape create an inviting curb appeal with a focal point on the stunning double-door entrance. The entry foyer unveils the formal living with soaring ceilings, grand staircase, marble floors and dramatic views of the pool and grounds. The formal dining room has marble floors, lovely views of the front yard and butler’s pantry toward the kitchen.
The gourmet kitchen and spacious family room are bright and filled with natural light thanks to clerestory windows and French doors that lead to the loggia and pool. The kitchen boasts ample granite counters and custom cabinetry along with top-of-the-line appliances; island with sink and disposal; snack bar; built-in desk; and large walk-in pantry. The kitchen and informal dining area flow effortlessly to the spacious family room complete with custom built-in entertainment center; an entire corner dedicated to the wet bar with sink, refrigerator, ice maker, cabinets and granite countertops; and a wine room with ornate iron door. The study reflects the perfect balance of tradition and warmth with custom built-in shelves and cabinets, hardwood floors, tray ceiling with mural and natural light. The first floor bedroom has hardwood floors, closet and French doors leading to the loggia and pool. There is a Jack-and-Jill bathroom which serves as a cabana bath and a powder room conveniently located off the foyer.
The second floor can be accessed via the sweeping staircase or elevator. The second story loft is located at the top of the stairs and has grand views of the pool and grounds as well an inviting display of the wrought iron railings, hardwood floors and the living room’s custom cypress tray ceilings. The private master wing features tray ceilings; French door leading to the private balcony with endless water views; his-and-her walk-in closets with custom shelving and lighting; and impressive master bath with Jacuzzi tub, custom glass shower, double vanities, make-up counter with drawers, bidet and French door leading to the private balcony. The additional guest bedrooms are conveniently located on the other side of the loft each with private bathrooms and generous custom closets.
The outdoor loggia, expansive patio and inviting pool are further enhanced by the property’s phenomenal elevation allowing exceptional water views and refreshing sea breezes. French doors lead from the family room to the loggia with ample room for outdoor dining complete with summer kitchen. The splendid pool with spa is surrounded by an expansive patio inviting endless hours of outdoor entertaining and private lounging.
The beach access located just one block away provides the added benefit of enjoying the ocean. With 87 feet of waterfrontage, boaters will enjoy the 75+ foot dock with water, electric and an additional ‘œSport Port’ with room for two jet skis. Motor along the Intracoastal Waterway or head out to sea via the nearby inlet. Ocean Harbour Estates has equipped the waterway a bubbler system to assure water is circulating at all times.
The large two-car garage has epoxy non-skid flooring, built-in storage cabinets, workstation and separate French door leading to the driveway and front yard. The laundry room has full-size Kenmore Elite washer and dryer, laundry tub and dog-washing station. Expertly appointed with superior finishes, the residence features custom woodwork and moldings; marble and hardwood floors; custom vanities and tile showers; elevator; central vacuum; four-zone air-conditioner; security system; sound system; impact glass and manicured landscape with custom lighting. Boasting over 7,000 total square feet and 87 feet of waterfrontage, 13 Ocean Harbour Circle in Ocean Ridge, Florida offers the perfect setting to enjoy South Florida’s luxury lifestyle. Please see Property Details and Luxury Property Video.
Ready to make an offer? Contact Nicholas Malinosky to schedule a preview and for more details.
