NEW YORK, Feb. 11, 2014 /PRNewswire/ -- Douglas Elliman Real Estate and the New York University Schack Institute of Real Estate, a division of the NYU School of Continuing and Professional Studies (NYU-SCPS), announce the Douglas Elliman Scholarship Master's Candidates Recipients for Spring 2014: Meghan Mulgrew and Josue Zarate. The Douglas Elliman Scholars were chosen through a rigorous selection process and will each receive funds toward tuition for the degree in which they are enrolled within the NYU Schack Institute of Real Estate.
"The Douglas Elliman Scholarship gives the gift of higher education to the next generation of real estate professionals, and establishes a new gold standard in the industry. I 'm very proud to work with NYU Schack and I congratulate the new Douglas Elliman Scholars," said Dottie Herman, President and CEO of Douglas Elliman Real Estate.
Established by Douglas Elliman in 2012, the Douglas Elliman Scholarship is the first program of its kind funded by a residential real estate firm for NYU Schack. Douglas Elliman is donating a total of $100,000 over five years to support qualified students who seek the highest standard of education in either NYU Schack's M.S. in Real Estate or the M.S. in Real Estate Development programs. Ms. Mulgrew and Mr. Zarate will be recognized at Douglas Elliman's annual company awards ceremony on February 12th at Cipriani 42nd Street.
Mulgrew is working toward a Master of Science in Real Estate Development with a concentration in Business of Development, and Zarate is working toward a Master of Science in Real Estate with a concentration in Finance and Investment. Both students are top achievers at NYU Schack who maintain A averages.
"NYU Schack is so pleased to work with Douglas Elliman to present scholarships to outstanding students like Josue and Meghan, our new winners. We look forward to continuing our partnership and enabling even more students to find success in the real estate industry with the help of this scholarship program," said Rosemary Scanlon, divisional dean, clinical associate professor, and Klara and Larry Silverstein Chair at the NYU Schack Institute of Real Estate.
ABOUT DOUGLAS ELLIMAN REAL ESTATE
Douglas Elliman Real Estate is New York's largest residential brokerage, with over 70 offices in New York City, Long Island, the Hamptons , Westchester/Putnam, Los Angeles, and South Florida and more than 4,000 real estate agents and a network of national and international affiliates. They are strategic partners with London-based Knight Frank LLP for residential business in all of their New York markets. Douglas Elliman ranked in the top four of all real estate companies in the nation in 2007, 2008, 2009, 2010, 2011, 2012, and 2013. The company also controls a portfolio of real estate services, including Manhattan's largest residential property manager, Douglas Elliman Property Management, as well as DE Title and DE Capital Mortgage. For more information on Douglas Elliman as well as expert commentary on emerging trends in the real estate industry, visit the Douglas Elliman site at www.elliman.com
SOURCE Douglas Elliman Real Estate