Douglas Elliman Opens on Boston’s Famed Newbury Road with Acquisition of Bulfinch Boston Realty

Douglas Elliman Realty introduced at this time the enlargement of its Boston footprint with the acquisition of Bulfinch Boston Realty and the opening of its second workplace within the metropolis, at 255 Newbury Road. Zechariah Cook dinner, President and CEO of Bulfinch Boston Realty, joins the brokerage alongside his six-person crew, together with Michael Fedorouk, Ismail Guessous, Stephanie Peter, Lauren Hammer, Felipe Deras and Alicia Ingalls.

“Having led such an esteemed actual property agency, Zechariah has a useful sense of the market and a 360-degree enterprise method,” stated Scott Durkin, Chief Government Officer of Douglas Elliman. “We’re proud to open our second Boston outpost with this main crew and anticipate nice success.”

“We’re thrilled to affix forces with Douglas Elliman,” stated Cook dinner. “We’ve got been following Elliman for greater than a decade, and have all the time been so impressed with the elegant, heritage model. We stay up for benefiting from the agency’s all-star assets in public relations, advertising, expertise, and referrals as we proceed to develop our enterprise within the higher Boston space.”

Cook dinner started his actual property profession on the backside of the recession in April 2009, towards the advice of many. After a yr of working within the business, he seized the chance to buy 50% of Bulfinch Boston Realty and step right into a management place. In 2019, Cook dinner purchased out his accomplice to personal the whole thing of the brokerage. His present crew has participated in over $200,000,000 value of gross sales since 2016, with greater than $70,000,000 of gross sales going down in 2021.

“The crew that Zechariah has fostered at Bulfinch Boston Realty is the precise kind of expertise we search for at Douglas Elliman,” stated Richard Ferrari, President and CEO of Brokerage, NYC and Northeast Area at Douglas Elliman. “Not solely does Zech present a customized service method to are inclined to his shoppers with care, however he takes the time to teach them on the significance of house possession and funding as the best pathway to wealth creation.”

At Douglas Elliman, The Bulfinch Crew will concentrate on all Boston neighborhoods, throughout the metropolis and the encompassing suburbs. On account of the crew’s 35+ yr presence in Boston, they’ve developed robust relationships with property homeowners and landlords, constructing a strong database of rental stock. Moreover, from first-time house patrons to traders, the crew has expertise with new apartment conversion tasks, new development growth, single-family properties, apartment gross sales and extra.

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