The Real DealKonrad Putzier
Dec. 18, 2017
Manhattan-based firm is acquiring Shawn Elliott Luxury Homes and Estates
Nest Seekers International acquired the Long Island-based brokerage Shawn Elliott Luxury Homes and Estates in a deal that expands the firm’s reach to the Gold Coast.
Shawn Elliott, founded in 2002 by the eponymous broker, serves Old Westbury, Brookville, Oyster Bay Cove, Roslyn and Woodbury among other towns. The firm claims to have 40 agents.
In a statement, Nest Seekers CEO Eddie Shapiro called the Gold Coast a “critical point between New York City and the Hamptons. It’s a missing piece that completes a regional picture for us.”
In 2014, Shawn Elliott opened an office inside a Rolls Royce showroom in Jericho.
Nest Seekers, which has about 800 agents in 20 offices, is a major player in Manhattan’s luxury condo market, largely through its star broker Ryan Serhant. In July, Serhant’s team took over the sales at Greenland Forest City’s development 550 Vanderbilt in Prospect Heights.
Managing Director of the Ultra Luxury Division