Total existing-home sales—completed transactions that include single-family homes, townhomes, condominiums and co-ops—rose 3.1% from December to a seasonally adjusted annual rate of 4.00 million in January.
Douglas Elliman Names Todd Bourgard CEO Of Long Island, Hamptons and North Fork
NEW YORK—Residential brokerage firm Douglas Elliman Realty has announced it has promoted its Senior Executive Regional Manager of Sales for Hamptons and North Fork Todd Bourgard to Chief Executive Officer of Long Island, Hamptons and North Fork, effective immediately.
In his new role, Bourgard will oversee operations throughout the entire Long Island region, totaling 36 Elliman offices and over 2,000 real estate agents located throughout Nassau and Suffolk counties, the Hamptons and the North Fork, and Bayside, Queens.
Additionally, Melody Newberry, who has served under Bourgard as VP of Operations, Hamptons and North Fork, will also be promoted to VP of Operations, Long Island, Hamptons and North Fork.
Bourgard’s predecessor, Ann Conroy, has been appointed Chairwoman of Douglas Elliman Long Island.
“Stepping into this role is the biggest honor of my career,” said Bourgard. “The experience of working alongside the best managers, agents and staff in the business is so rewarding and a true privilege. I’m inspired every day by the talent in this region, the power of the Douglas Elliman brand, the strength of our operations, technology initiatives and growth efforts, and our incredible executive leadership. I’m thrilled to be a part of it all, and as we join our Hamptons and North Fork operations with greater Long Island, I look forward to continuing the legacy of success and market leadership that my friend Ann Conroy and I have worked to establish.”
“Todd has long been an integral member of the Douglas Elliman senior leadership team, spurring our tremendous growth in the Hamptons and on the North Fork, recruiting many new top-performing agents, while retaining the great talent we have attracted over the years,” said Howard M. Lorber, Executive Chairman of Douglas Elliman. “Under his leadership, Elliman has cemented its position as market leader on the East End of Long Island, with record-breaking numbers in closed sales volume and revenue growth for the last several years. He is a highly skilled and valued executive, and we’re thrilled to see him take his talents to the next level with Douglas Elliman.”
Throughout his 25-year career in real estate, Bourgard has earned a reputation as a diligent and ethical agent and manager with an innate ability to lead, motivate and inspire his team, company officials stated. After obtaining his real estate license in 1997, Bourgard quickly became one of the top Realtors in the Hampton Bays area. He earned ‘Top Producer” status over the next 17 years.
Recognizing his talent, tenacity, and knowledge of the community, Douglas Elliman soon appointed him manager of the Hampton Bays office, and within two years, it quickly became the #1 real estate office in Hampton Bays. Following that success, Bourgard was additionally tasked with managing the larger Westhampton Beach office in 2017 and the Quogue office in 2018. In 2019, he was promoted to Senior Executive Manager of Sales for the Hamptons Region, overseeing all eight DE Hamptons offices including Bridgehampton, East Hampton, Hampton Bays, Quogue, Sag Harbor, Southampton, Westhampton and Montauk. In 2022, Elliman’s three North Fork offices: Cutchogue, Mattituck and Greenport, also came under his
With more than 40 years in the residential real estate business, Conroy has worked diligently as CEO of Douglas Elliman Long Island to keep all 25 regional offices ahead of the curve and competitive, and the brokerage consistently ranked number one on Long Island by units sold, sales volume and agent count. In her role as Chairwoman, Conroy will serve in an advisory capacity to Bourgard as well as continue to mentor Douglas Elliman managers and agents throughout the Long Island region.