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Dorothy Herman…market change brings new opportunities.

February 4, 2009 by admin 

“You can build wealth in any real estate market, good or bad. The only constant is change. When the market changes, it brings new and different opportunities. You just have to be on the lookout for them. There is never a bad time to buy as long as you choose the right strategy.”

Dorothy “Dottie” Herman, began her career 20 years ago and is know as the quintessential New York success story.

Dottie created New York’s largest residential real estate brokerage and rentals AND she controls a portfolio of real estate services, including commercial and retail leasing and sales, relocation services, new development consulting and Manhattan’s largest residential property manager, Douglas Elliman Property Management, as well as PDE Title, and Preferred Empire Mortgage Company.

Dottie began her career on Long Island, and purchased Prudential Long Island Realty in 1989. After turning the company into the powerhouse brokerage operating on Long Island and in the Hamptons, she purchased Douglas Elliman, Manhattan’s largest and most prestigious brokerage firm, 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 13,200 transactions a year from Manhattan to Montauk.

In recognition of her leadership in the industry, Dottie has been named one of the 100 Most Influential Women in New York for 2007 by Crain’s New York Business. She was honored by Adelphi University as the 2007 Outstanding Executive on Long Island and was invited to participate in the Festival of Thinkers held in Dubai and Abu Dhabi in 2007. Dottie took a leadership role in this year’s Cutting Through the Red Tape: Building Long Island Today and is a long time supporter of the American Heart Association, the Tilles Center for the Performing Arts, the Southampton Hospital, and the North Shore Long Island Jewish Hospital.

(for more information http://www.prudentialelliman.com/mainsite/company/Dottie_Herman.aspx)

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