Long Island Business NewsDavid Winzelberg
Dec. 18, 2017
Manhattan-based Nest Seekers International has acquired Shawn Elliott Luxury Homes and Estates, a single-office residential brokerage in East Norwich.
Terms of the deal were not disclosed.
Founded in 2002, the Shawn Elliott brokerage will now be part of Nest Seekers, which has 18 offices in Manhattan, Queens, Brooklyn, the Hamptons, Scarsdale, Jersey City, Hoboken, Miami, London and Seoul, according to its website. In his new role, Shawn Elliott will work on expanding Nest Seekers’ Ultra-Luxury Division, overseeing high-end listings in multiple markets, according to a company statement.
“The Gold Cost is a critical point between New York City and the Hamptons. It’s a missing piece that completes a regional picture for us.” Eddie Shapiro, CEO of Nest Seekers, said in the statement. “We plan to open more offices in the area.”
Elliott will be re-branding his current East Norwich office and plans on opening additional smaller, boutique offices under the Nest Seekers brand on Long Island.
“We can only do so much in Long Island when our clients are worldwide,” Elliott said in the statement. “Our business has expanded, and we needed to be part of an organization that has a global presence.”
Managing Director of the Ultra Luxury Division