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Nicholas Malinosky and Randy Ely Named One of America’s Top 1,000 Real Estate Teams by Real Trends, as Advertised in The Wall Street Journal

June 24, 2016

Nicholas Malinosky and Randy Ely of The Douglas Elliman Real Estate were named one of America’s top real estate professional teams by REAL Trends, as advertised in The Wall Street Journal. For the second consecutive year, this dynamic luxury team is a member of the “The Thousand Top Real Estate Professionals,” a prestigious national awards ranking sponsored annually by REAL Trends and advertised in The Wall Street Journal. Malinosky and Ely continue to be ranked in the top one half of 1 percent of the more than 1.1 million Realtors® nationwide.

The Thousand real estate professionals was announced on June 24, 2016, with four separate categories honoring the top 250 residential agents and agent teams for excellence in:
• Individual Sales Professionals—Sales volume
• Individual Sales Professionals—Transaction sides
• Team Professionals—Sales volume
• Team Professionals—Transaction sides

For the second year, REAL Trends has added two new categories to The Thousand ranking based off of average sales price. This new category is broken down into the top 50 residential agents and agent teams for excellence in:
• Individual Sales Professionals – Average Sales Price
• Team Professionals – Average Sales Price
According to The Thousand, Malinosky and Ely had an average sales price totaling $5,258,303, ranking them number one in South Florida, fourth in the state and 29th in the nation.

“The best individual agents and teams—including Malinosky and Ely’s award-winning efforts—were nothing short of phenomenal considering the challenges in today’s complex housing market,” said Steve Murray, founder of REAL Trends, a Denver-based consulting, publishing and communications company and The Trusted Source that complies the yearly, third-party verified list. “Becoming a member of such an elite group as The Thousand is an incredible accomplishment in any market, but what Malinosky and Ely did during these challenging times is impressive on so many levels,” said Marti Gallardo, vice president of classified advertising for The Wall Street Journal. “The team’s efforts topped 99.99 percent of the more than 1.1 million Realtors nationwide.”

“We are honored to be named to The Thousand,” said Nicholas Malinosky who together with Randy Ely represent the finest luxury properties along the coastline of the Palm Beaches including Manalapan, Ocean Ridge, Gulf Stream, Delray Beach, Highland Beach and Boca Raton. When asked about their recipe for success, Malinosky explained, “With over 35 years combined experience focused solely on the beach area, we strive daily to exceed our clients’ expectations with superior service and results.”

Please see the ranking of The Thousand.

As the #1 Luxury Team in the Beach Area, Nicholas Malinosky and Randy Ely are thrilled to be recognized again by REAL Trends The Thousand, as advertised in The Wall Street Journal. Please contact them today for all your luxury real estate needs.

About The Thousand – This awards program was developed jointly by WSJ. Custom Studios (and is not affiliated with the Editorial Department) and REAL Trends, a leading source of analysis and information for the residential real estate brokerage industry. REAL Trends The Thousand honors America’s elite real estate professionals and their companies and is compiled and analyzed by REAL Trends with a special ad section included in The Wall Street Journal.

Buying a Second Home is the New Staycation Trend

May 31, 2016

According to the Wall Street Journal, some homeowners are buying second homes in their city of residence for fabulous staycations. With hectic work schedules and the hassle of traveling long distances, the option of driving within an hour to a second home for a getaway is quite appealing to some people.

The article features homeowners who are enjoying their second home staycations in big cities like New York City, Miami and Los Angeles. The second residence can also be used for overflow guests and late-night evenings out.

Typically, the second home is a total departure from the design and feel of the primary residence. The vibe is for getting away and unplugging without the hassle of travel delays. Keeping clothes and necessities at the second residence means no packing or unpacking. Casual clothes for a beach house and evening wear for a condo in the heart of the night life. See WSJ article by Candace Taylor

Would you buy a second home for enjoying getaways? Do you think a staycation sounds exciting? Nicholas Malinosky and Randy Ely can help you find the perfect beach area residence for a getaway location.

86 MacFarlane Drive #8A in Delray Beach is the perfect beach condo listed at $1.095M
4450 North Ocean Boulevard #B in Gulf Streamh is a wonderful townhouse across from the beach listed at $1.45M
1202 Vista del Mar in Delray Beach is the perfect staycation home just six houses from the beach listed at $1.795M
1215 Southways in Delray Beach is a fabulous and private pool home one block from the beach listed at $2.195M.
58 Seabreeze Avenue in Delray Beach is a spacious townhome with pool just one block to Atlantic Avenue and the beach listed at $2.249.5M

Ready to buy that second home and plan your staycation? Please contact Mr. Malinosky and Mr. Ely – the #1 Luxury Team in the Beach Area ‘“ to discuss the possibilities.

Goldman Sachs CEO Sells $13 Million Hamptons Home

May 20, 2016

According to the Wall Street Journal, Goldman Sachs CEO Lloyd Blankfein has finally sold his home in the Hamptons. After several previous attempts to sell with other real estate firms, Blankfein listed the property three months ago with Douglas Elliman Real Estate agent Susan Breitenbach.

The home located on Parsonage Lane in Sagaponack was first listed in 2007 for approximately $14M. The home was listed again in 2015 for $16.996M with subsequent price reductions to $15.9 and then $14.5. Susan Breitenbach of the Douglas Elliman Real Estate listed the property in February 2016 at $12.995M and now has the property under contract. See WSJ article by Candace Taylor

According to 27east.com, Lloyd Blankfein and his wife Laura built the 6,500 square foot house two decades ago. The seven bedroom residence sits on 2.7 acres and features a media room, gym, sunken tennis court and a 45-foot pool with pool house. See 27east.com article by Tom Clavin

According to Business Insider, the Blankfeins purchased another home in 2012 in Bridgehampton worth $32.5 million. Business Insider writer Dennis Green states that this is ‘œreportedly the reason’ Blankfein decided to sell the Sagaponack property. See Business Insider article

Actor Richard Gere just listed his North Haven mansion with Douglas Elliman Real Estate’s Susan Breitenbach. According to 27east.com, the celebrity’s home had not sold previously even after an $11 million price reduction. By listing with Corcoran, Gere is hoping to have the same result as Blankfein.

Nicholas Malinosky and Randy Ely congratulate their fellow Douglas Elliman Real Estate agent, Susan Breitenbach on a job well done. Mr. Malinosky and Mr. Ely are honored to be associated with the Douglas Elliman Real Estate and enjoy networking with some of the real estate industry’s top agents in both South Florida and New York.

Would you like to sell your South Florida luxury home? Please contact Mr. Malinosky and Mr. Ely – the #1 Luxury Team in the Beach Area – to discuss the current luxury real estate market.