Dorothy Herman, Dottie, is the quintessential New York success story. In only two decades, she climbed to the pinnacle of the housing industry – CEO of Prudential Douglas Elliman, the #4 ranked real estate company in the United States and the #1 ranked company in the entire Prudential Network.
Today, under her leadership, Prudential Douglas Elliman has become a $12 billion business with over 3,500 real estate professionals and 675 employees working in more than 60 offices in Manhattan, Brooklyn, Queens, Long Island, the Hamptons and the North Fork.
Dottie created a company that serves the customer’s every real estate need. In addition to leading New York’s largest residential real estate brokerage and rentals, she also controls a portfolio of real estate services, including commercial and retail leasing and sales, relocation and settling in services, new development consulting and also 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. Dottie is also an honored contributor to The Sunrise Fund at Stony Brook University Medical Center, a program established to raise awareness and funds for pediatric oncology programs. In the summer of 2008, Dottie was honored at the 12th Annual Heart of the Hamptons Gala, receiving the Distinguished Community Leadership Award for her continual support and contributions.
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