Elliman Deepens its Roots in the Brooklyn Community with the Acquisition of Boutique Real Estate Firm
Douglas Elliman is pleased to announce its acquisition of VESPA Properties Group, a highly successful and respected boutique real estate firm based in Cobble Hill, Brooklyn. Co-founders, Pietro Costa and Denver Butson, will be joining Douglas Elliman as The Costa Team and will continue to operate throughout the Brooklyn community with a focus on Carroll Gardens, Boerum Hill, Park Slope and Cobble Hill.
“We are excited to be joining forces with the dedicated agents and founders of VESPA Properties Group,” said Max Dobens, Senior Regional Executive Manager of Sales in Brooklyn for Douglas Elliman. “Their commitment to excellence and strong company values are perfectly aligned with ours.”
“Pietro and Denver have deep roots, plus a terrific reputation in the community, where they both live, work and raise their families,” said Jason Fien, Executive Manager of Sales for Douglas Elliman’s Carroll Gardens office. “With their extensive local knowledge and solid relationships, we know they will be instrumental in strengthening Elliman’s connection to the community and continuing to grow our Brooklyn brand.”
VESPA Properties Group was launched by Costa and Butson, who are both long-term residents of Cobble Hill and Carroll Gardens, in 2007. The duo and their team have provided well-informed real estate services leading to an excellent track record on par with the top 1% of real estate professionals nationwide. Offering in-depth knowledge of the market, the pair share an expertise in both rentals and sales, as well as a keen knowledge of all aspects of property ownerships – from design to development to construction.
“We have always believed that real estate is a very local experience and that real estate professionals should know their community, root themselves in it, and help to enrich it through their practice,” said Costa. “Douglas Elliman's global intuition and international reach through their partnership with Knight Frank, paired with our experience and expertise in the Brooklyn market, will enable us to provide an even more enhanced experience for our valued clients, while still staying connected to our community.”
About Douglas Elliman Real Estate
Established in 1911, Douglas Elliman Real Estate is the largest brokerage in the New York Metropolitan area and the fourth largest residential real estate company nationwide. With more than 7,000 agents, the company operates approximately 113 offices in Manhattan, Brooklyn, Queens, New Jersey, Long Island, the Hamptons & North Fork, Westchester, Greenwich, South Florida, Boston, Colorado and California. Moreover, Douglas Elliman has a strategic global alliance with London-based Knight Frank Residential for business in the worldwide luxury markets spanning 60 countries and six continents. The company also controls a portfolio of real estate services including Douglas Elliman Development Marketing; Manhattan’s largest residential property manager, Douglas Elliman Property Management with over 250 buildings; and DE Commercial. For more information on Douglas Elliman as well as expert commentary on emerging trends in the real estate industry, please visit elliman.com.
