Dottie Herman
Encyclopedia
Dorothy "Dottie" D'Ambrosio Herman (born May 10, 1953) is the CEO of New York City
real estate
brokerage firm Prudential Douglas Elliman
.
, New York, on May 10, 1953, and grew up in Syosset
on Long Island
. She recalls that she resolved to "make something of herself" after her mother died in an automobile accident when Dorothy was 10 years old.
. After beginning and building her career on Long Island
, in 1989 she and partner Carll S. Burr III purchased Prudential Long Island Realty. After expanding that company, in 2003 she purchased Douglas Elliman
, Manhattan’s largest brokerage firm, with her partner Howard Lorber
. Since then, Prudential Douglas Elliman
has become the largest and fastest-growing real estate firm in New York, completing over 13,200 transactions a year.
Real Estate under the leadership of Dottie Herman is now the fifth largest real estate company in the United States. With over 4,400 agents in more than 60 offices throughout the New York City metropolitan area, Prudential Douglas Elliman
Real Estate’s sales volume exceeded $12 billion in 2006 and is well on to achieving over $13 billion in 2007.
as the 2007 Outstanding Executive on Long Island.
, the Tilles Center for the Performing Arts, the Southampton Hospital
, and the North Shore Long Island Jewish Hospital.
New York City
New York is the most populous city in the United States and the center of the New York Metropolitan Area, one of the most populous metropolitan areas in the world. New York exerts a significant impact upon global commerce, finance, media, art, fashion, research, technology, education, and...
real estate
Real estate
In general use, esp. North American, 'real estate' is taken to mean "Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water; immovable property of this nature; an interest vested in this; an item of real property; buildings or...
brokerage firm Prudential Douglas Elliman
Douglas Elliman
Douglas Elliman is the largest residential real estate brokerage in the New York metropolitan area.-Overview:Douglas Elliman operates in New York City, Long Island, the Hamptons, and Westchester as Prudential Douglas Elliman and Miami as Douglas Elliman Florida. The company's Miami flagship office...
.
Early life
The daughter of Joseph and Louise D'Ambrosio, Dorothy D'Ambrosio was born in BrooklynBrooklyn
Brooklyn is the most populous of New York City's five boroughs, with nearly 2.6 million residents, and the second-largest in area. Since 1896, Brooklyn has had the same boundaries as Kings County, which is now the most populous county in New York State and the second-most densely populated...
, New York, on May 10, 1953, and grew up in Syosset
Syosset, New York
Syosset is a hamlet in Nassau County, New York, in the northeastern section of Town of Oyster Bay near the North Shore of Long Island. The population was 18,829 at the 2010 census...
on Long Island
Long Island
Long Island is an island located in the southeast part of the U.S. state of New York, just east of Manhattan. Stretching northeast into the Atlantic Ocean, Long Island contains four counties, two of which are boroughs of New York City , and two of which are mainly suburban...
. She recalls that she resolved to "make something of herself" after her mother died in an automobile accident when Dorothy was 10 years old.
Career
Dottie Herman began working in real estate in 1978 while she was a student at Adelphi UniversityAdelphi University
Adelphi University is a private, nonsectarian university located in Garden City, in Nassau County, New York, United States. It is the oldest institution of higher education on Long Island. For the sixth year, Adelphi University has been named a “Best Buy” in higher education by the Fiske Guide to...
. After beginning and building her career on Long Island
Long Island
Long Island is an island located in the southeast part of the U.S. state of New York, just east of Manhattan. Stretching northeast into the Atlantic Ocean, Long Island contains four counties, two of which are boroughs of New York City , and two of which are mainly suburban...
, in 1989 she and partner Carll S. Burr III purchased Prudential Long Island Realty. After expanding that company, in 2003 she purchased Douglas Elliman
Douglas Elliman
Douglas Elliman is the largest residential real estate brokerage in the New York metropolitan area.-Overview:Douglas Elliman operates in New York City, Long Island, the Hamptons, and Westchester as Prudential Douglas Elliman and Miami as Douglas Elliman Florida. The company's Miami flagship office...
, Manhattan’s largest brokerage firm, with her partner Howard Lorber
Howard Lorber
Howard Mark Lorber is the President and CEO of Vector Group Ltd., a holding company listed on the New York Stock Exchange. He is also the Chairman of Douglas Elliman, a subsidiary of Vector Group, which is the largest residential real estate brokerage in the New York metropolitan area. He is also...
. Since then, Prudential Douglas Elliman
Douglas Elliman
Douglas Elliman is the largest residential real estate brokerage in the New York metropolitan area.-Overview:Douglas Elliman operates in New York City, Long Island, the Hamptons, and Westchester as Prudential Douglas Elliman and Miami as Douglas Elliman Florida. The company's Miami flagship office...
has become the largest and fastest-growing real estate firm in New York, completing over 13,200 transactions a year.
Prudential Douglas Elliman
Prudential Douglas EllimanDouglas Elliman
Douglas Elliman is the largest residential real estate brokerage in the New York metropolitan area.-Overview:Douglas Elliman operates in New York City, Long Island, the Hamptons, and Westchester as Prudential Douglas Elliman and Miami as Douglas Elliman Florida. The company's Miami flagship office...
Real Estate under the leadership of Dottie Herman is now the fifth largest real estate company in the United States. With over 4,400 agents in more than 60 offices throughout the New York City metropolitan area, Prudential Douglas Elliman
Douglas Elliman
Douglas Elliman is the largest residential real estate brokerage in the New York metropolitan area.-Overview:Douglas Elliman operates in New York City, Long Island, the Hamptons, and Westchester as Prudential Douglas Elliman and Miami as Douglas Elliman Florida. The company's Miami flagship office...
Real Estate’s sales volume exceeded $12 billion in 2006 and is well on to achieving over $13 billion in 2007.
Achievements
Dottie Herman was named one of the 100 most influential women in New York business by Crain’s New York Business. She was honored by Adelphi UniversityAdelphi University
Adelphi University is a private, nonsectarian university located in Garden City, in Nassau County, New York, United States. It is the oldest institution of higher education on Long Island. For the sixth year, Adelphi University has been named a “Best Buy” in higher education by the Fiske Guide to...
as the 2007 Outstanding Executive on Long Island.
Philanthropy
She is a long time supporter of the American Heart AssociationAmerican Heart Association
The American Heart Association is a non-profit organization in the United States that fosters appropriate cardiac care in an effort to reduce disability and deaths caused by cardiovascular disease and stroke. It is headquartered in Dallas, Texas...
, the Tilles Center for the Performing Arts, the Southampton Hospital
Southampton Hospital
Southampton Hospital is a 168-bed hospital located in Southampton, New York. It is the only hospital located in the Hamptons. Southampton Hospital is a member of the Stony Brook University Medical Center. It was a member of the NewYork-Presbyterian Healthcare System from January 2005 to July 1, 2008...
, and the North Shore Long Island Jewish Hospital.