Raphael De Niro is leaving Douglas Elliman after greater than 20 years on the agency.
De Niro, who started his profession at Elliman in 2004, is bringing his eight-person workforce to Brown Harris Stevens, in accordance with an inside firm memo despatched by Brown Harris Stevens CEO Bess Freedman on Thursday morning.
De Niro’s has been a top-producing workforce at Elliman in New York Metropolis. In 2016, his workforce ranked first in The Actual Deal’s annual dealer rankings after closing over $720 million in sell-side offers. The workforce claims over $5.2 billion in gross sales since its inception, CEO Bess Freedman wrote in an announcement concerning the transfer.
The workforce works on each resale and new improvement initiatives. Previous initiatives have included 108 Leonard, 111 Murray and 150 Charles. Current noteworthy offers have included resales in these buildings, together with a penthouse at 111 Murray offered for $28 million in July and a apartment at 150 Charles that offered for roughly $16 million this month.
De Niro’s workforce additionally has the itemizing on one other penthouse at 111 Murray asking over $33 million.
He additionally labored along with his father, actor Robert De Niro, on increasing the household’s actual property holdings. The youthful De Niro was a accomplice and helped open the boutique Greenwich Resort in Tribeca in 2008, and has been part of the enlargement of the upscale restaurant Nobu. Final 12 months, the De Niros opened their 775,000-square-foot production studio in Queens.
De Niro mentioned in a press release he felt “it was time to take my enterprise in a brand new and totally different course” after 20 years at Elliman.
“We’re pleased with the agent Raphael grew to become with Elliman and want him nothing however one of the best in his subsequent endeavor,” a spokesperson for Elliman mentioned in a press release.
De Niro is the newest in an extended line of big-name Elliman brokers who’ve left the agency.
Earlier this month, Lindsay Barton Barrett, one of many high brokers in Brooklyn, introduced her four-person workforce to Compass. Prime-producing teammates Noble Black and Glenn Davis parted methods with Elliman and one another final fall when Black left for Corcoran and Davis headed to Serhant.
The strikes come as Elliman shuffles senior employees as effectively. The brokerage parted methods this month with its head of residential leasing, Hal Gavzie, and final month, it laid off four senior employees, together with two members of its new improvement advertising and marketing arm.
The high-profile brokers from Elliman have largely landed at Compass and Corcoran, however De Niro will likely be becoming a member of a fellow Elliman veteran at BHS. New York Metropolis agent Jessica Cohen left the agency in April after roughly 20 years for BHS.
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