Douglas Elliman is doubling down on townhouses by acquiring Vandenberg, a boutique firm on the Upper West Side. Terms of the deal were not disclosed, but Elliman said Vandenberg’s founders and eight agents would make up a new townhouse team at the city’s largest residential brokerage. Vandenberg currently has 16 exclusives asking $150 million, including a “passive” townhouse at 53 West 71st Street, which is asking $13.49 million. Founded in 1990 by husband-and-wife team Dexter […]
source https://therealdeal.com/2018/08/14/elliman-buys-vandenberg-to-boost-townhouse-business/
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