Douglas Elliman's Alexander Team Breaks Record For Most Expensive Townhouse In NYC

NEW YORK, Jan. 30, 2014 /PRNewswire/ -- Douglas Elliman, New York City's largest brokerage, announces that Oren and Tal Alexander of The Alexander Team have signed a contract for the sale of a townhouse at 19 East 64^th Street that breaks all records for the price of a New York City townhouse, and eclipses the $88 million price record achieved for the Penthouse at 15 CPW. The brothers, 26 and 27 years old respectively, also hold the record for the most expensive sale in Miami for $47 million, where they represented both buyer and seller.

"Oren and Tal Alexander had the ingenuity and talent to bring the buyer to this extraordinary property, which was not even listed," said Dottie Herman, President and CEO of Douglas Elliman.  "We are very proud of their motivation and ability to succeed, not only in New York, but in a national marketplace."

The Alexander Team has clients from around the world and has over $150 million in contract in 2014 and over $150 million in new listings to date this year.  "In the past six months, we have traveled to Hong Kong, Moscow, London, Istanbul Tokyo, Paris, Aspen, Tel Aviv and St. Tropez-- all for work," said the Alexander brothers. "And next month, we head to Qatar, Dubai, and Sao Paulo." 

"We're very proud that The Alexander Team has broken sales records in two states and we can already see that this will be another stellar year for them," said Howard M. Lorber, Chairman of Douglas Elliman.  Other recent accomplishments of The Alexander Team, which boasts 11 members, include the listings of a full floor at the Sherry Netherland for $95 million, a $58 million listing in Water Mill (Hamptons), and two Long Island Gold Coast estates, listed for $15 million and $8 million.  Sales include a $16.5 million home at Trump Tower, and a Miami condo sold on behalf of music producer Timbaland.

Under contract by The Alexander Team are residences at the Time Warner Center, which is set to break the building's price-per-square-foot record and a $9.45 million penthouse in Miami, as well as an exclusive property on Indian Creek, Miami.

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