NEW YORK CITY—Douglas Elliman Real Estate is growing its real estate services with the addition of an expanded commercial division, Douglas Elliman Commercial, by joining forces with Williamson, Picket, Gross, Inc., another commercial brokerage. The newly formed division will be led by Williamson, Picket, Gross, Inc. founder Jim Gross, his son and partner Peter Gross, and Douglas Elliman's Louis Puopolo. The new division will service New York City, South Florida and Long Island. The division also will include the Elliman firm's Nickolai Team, led by Irene Nickolai.
“Douglas Elliman is best known for being New York's largest residential brokerage with a growing national presence, but we've been ranked among the best brokerages in the commercial realm for years,” says Howard M. Lorber, chairman of Douglas Elliman. “This is the right time to increase our scope with this division, as we continue to expand our full-service real estate capabilities in the national arena.”
Jim Gross, formerly vice chairman of Williamson, Picket, Gross, Inc., ran WPG successfully since 1971. He has personally leased over 40 million square feet of New York office space and has been responsible for mentoring some of the most successful commercial real estate brokers in the industry. Peter Gross and Jim have been partners since 2010. Peter's main focus has been on brokerage representing major tenants and landlords for over a decade.
Since 2004, Louis Puopolo and his team have been among the top commercial brokers in New York City for Douglas Elliman. Puopolo began his real estate career in residential sales and segued into the commercial sector. He has worked with Howard Lorber to build a cohesive corporate division for the company.
The Nickolai Team specializes in international clientele and ranks among the top-producing teams at Douglas Elliman.
Douglas Elliman Commercial will specialize in tenant and landlord representation, as well as investment sales. They are based out of Elliman'snewly renovated office at 205 E. 42nd St. Michael Murphy and David Restainer will lead the Long Island and South Florida commercial offices, respectively. WPG's previous senior managing director Will Carr will join this corporate division.
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Rayna Katz
Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.
