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No other area of Manhattan has the legacy of glamor as the Higher East Aspect, where new luxury buildings increase just measures away from Gilded Age mansions and houses in the area’s parkside towers and unique co-ops are amongst the most expensive in the metropolis.
The brokers who handle to slash a thick slice of that $3 billion once-a-year market place can e book eye-popping volume, with the top rated five UES brokers of 2021 by itself producing additional than $1 billion in revenue in between them.
New improvement and resales are unique animals, of study course, and John Burger of Brown Harris Stevens guidelines the resale industry on the UES, with nearly $124 million in quantity, followed carefully by Serena Boardman of Sotheby’s with more than $122 million. Elliman’s Barbara Russo, Danielle Englebardt and the Alexander Staff offered the most new improvement.
The total winner in terms of profits quantity was Elliman’s Russo, who last calendar year booked much more than $340 million in gross sales there across 64 discounts — all of them at Beckford Home and Beckford Tower, a pair of new luxury condominium properties at 301 East 80th Road and 301 East 81st Road.
Danielle Englebardt, a fellow Elliman agent who worked with Russo on 61 of people Beckford listings, came in a close second with just about $333 million in Higher East Aspect income, also throughout 64 discounts.
Elliman’s Alexander Crew, led by brothers Tal and Oren, rated No. 3 with far more than $200 million in UES quantity in 35 bargains.
All a few also positioned substantial in TRD’s broker leaderboard for all of Manhattan, with the Alexander Crew position No. 2 on the general listing, just in advance of Russo, and Englebardt taking fifth position.
Fourth place on the over-all listing went to John Burger of Brown Harris Stevens, who booked almost $124 million in revenue on the toughness of just 9 promotions. Serena Boardman of Sotheby’s Global Realty rounded out the leading five with $122 million in gross sales across 11 promotions.
Both Burger and Boardman every marketed a few of the top rated 20 most high priced residences offered on the UES final 12 months, as did No. 6-ranked Adam Modlin.
To rank the major-executing brokers in the park-to-river Upper East Facet space by promote-facet transactions, The Actual Offer pulled listings for luxury household attributes ($1 million or a lot more) from 2021 in the neighborhoods of Lenox Hill, Yorkville, the Upper East Facet, Carnegie Hill and Higher Carnegie Hill. (See community maps at conclude of story.) We then cross-referenced them with closed promotions in community information and vetted the final results with the brokerages.
Off-industry transactions and offers brokered in-dwelling by developers’ own income teams have been excluded.
Tenth-spot Paula Del Nunzio of BHS warrants unique mention for her $70 million total that came in just two townhouse promotions, which includes the sale of Florida Panthers proprietor Vince Viola’s Lenox Hill mansion at 12 East 69th Street for $59 million — the most important UES residence sale of 2021.
Modlin offered the year’s next-priciest property — convicted sex offender Jeffrey Epstein’s infamous townhouse at 9 East 71st Avenue — which sold for $51 million to former Goldman Sachs Michael Daffey.
Burger brokered the sale of the third and fourth most expensive UES homes — Bette Midler’s penthouse in Carnegie Hill, which bought for $45 million, and Rafael Nasser’s triplex atop 990 Fifth Avenue, which sold for $35 million.
With its brokers dominating the top ten spots, it is no shock that Elliman is the prime brokerage on the Higher East Facet, with a lot more than $1.3 billion in volume throughout 271 discounts. Corcoran will come in a distant next with $513 million in income in 99 discounts, adopted by Compass with $327 million in 114 specials. BHS rated fourth with $257 million in quantity across 38 discounts, and Sotheby’s rounded out the major five with $188 million in 31 specials.