Douglas Elliman Opens on Boston’s Famed Newbury Avenue with Acquisition of Bulfinch Boston Realty | Elliman Insider

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Douglas Elliman Realty introduced at this time the enlargement of its Boston footprint with the acquisition of Bulfinch Boston Realty and the opening of its second workplace within the metropolis, at 255 Newbury Avenue. Zechariah Cook dinner, President and CEO of Bulfinch Boston Realty, joins the brokerage alongside his six-person crew, together with Michael Fedorouk, Ismail Guessous, Stephanie Peter, Lauren Hammer, Felipe Deras and Alicia Ingalls.

“Having led such an esteemed actual property agency, Zechariah has a useful sense of the market and a 360-degree enterprise method,” mentioned Scott Durkin, Chief Govt Officer of Douglas Elliman. “We’re proud to open our second Boston outpost with this main crew and anticipate nice success.”

“We’re thrilled to hitch forces with Douglas Elliman,” mentioned Cook dinner. “We’ve got been following Elliman for greater than a decade, and have at all times been so impressed with the elegant, heritage model. We stay up for making the most of the agency’s all-star sources in public relations, advertising, expertise, and referrals as we proceed to develop our enterprise within the higher Boston space.”

Cook dinner started his actual property profession on the backside of the recession in April 2009, in opposition to the advice of many. After a 12 months of working within the trade, he seized the chance to buy 50% of Bulfinch Boston Realty and step right into a management place. In 2019, Cook dinner purchased out his companion to personal everything of the brokerage. His present crew has participated in over $200,000,000 price of gross sales since 2016, with greater than $70,000,000 of gross sales happening in 2021.

“The crew that Zechariah has fostered at Bulfinch Boston Realty is the precise kind of expertise we search for at Douglas Elliman,” mentioned Richard Ferrari, President and CEO of Brokerage, NYC and Northeast Area at Douglas Elliman. “Not solely does Zech present a customized service method to are likely to his purchasers with care, however he takes the time to coach them on the significance of residence possession and funding as the best pathway to wealth creation.”

At Douglas Elliman, The Bulfinch Staff will give attention to all Boston neighborhoods, throughout the metropolis and the encompassing suburbs. Because of the crew’s 35+ 12 months presence in Boston, they’ve developed robust relationships with property house owners and landlords, constructing a strong database of rental stock. Moreover, from first-time residence consumers to buyers, the crew has expertise with new rental conversion initiatives, new development growth, single-family properties, rental gross sales and extra.