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Real Estate Brokerage Douglas Elliman Plans To Go Public

Parent Company Cites Strong Luxury Market in Move To Widen Investor Base

Douglas Elliman has 25 offices in New York, including one at 575 Madison Ave. (CoStar)
Douglas Elliman has 25 offices in New York, including one at 575 Madison Ave. (CoStar)

Real estate brokerage Douglas Elliman plans to go public through a spinoff transaction from parent company Vector Group, maker of Liggett and Eagle 20’s cigarettes.

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