"Mostly they go to condos," said Maryellen Walsh, a broker for Houlihan/Lawrence, Westchester's largest residential realty concern, who usually gets a few calls each year from customers who bought houses from her as newlyweds and are now divorcing.
Instead of affiliating with a national chain, however, she chose to become part of Westchester's largest independent realty company, Houlihan/Lawrence, which has 24 offices and 650 agents in its Westchester and Putnam offices.
Despite the large share from the realty branches, Cendant is capturing only 5% of the total mortgage volume that those offices generate.
Prison Realty, the largest for-profit prison company, is in the process of a questionable restructuring.
Previously, Charles M. Talanian, owner of C. Talanian Realty, owned the largest number of Newbury Street buildings.
Their largest entity then was Rodeo Realty in California, and I spent a couple of weeks there learning about the high-end market — and open houses.
In January 2007, not long before the market for commercial buildings peaked, Scott Rechler, the scion of a Long Island real estate family, sold the Reckson Associates Realty Corporation to S. L. Green Realty, Manhattan's largest office landlord.
It is the latest gambit by the investor, Andrew S. Penson, in the long running David-versus-Goliath feud with the owner of the block, SL Green Realty, one of the largest commercial landlords in New York City.
VORNADO REALTY TRUST, New York, the largest owner of office buildings in New York, said it had sold 8.5 million shares at $40.58 each and raised $328 million after fees and expenses.
