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 Relocates to New Office in Greenwich
GREENWICH, CT—Douglas Elliman recently announced it had relocated to a new larger location in Greenwich at the historic, free-standing John Lockhart House on 75 Arch St.
Company officials state the move underscores the brokerage’s commitment to the region, increasing its office footprint to a four-story, 6,000-square-foot building in order to accommodate its 70 agents and growing business.
“While we have enjoyed our time at 88 Field Point Road in Greenwich, it is time we trade up to a larger space for the betterment of our successful agents and their clients,” said Scott Durkin, president and chief operating officer of Douglas Elliman. “We are incredibly proud to call the John Lockhart House home and look forward to conducting best-in-class real estate service from our new stomping ground.”
Originally built in 1867, 75 Arch St. was once the home of John Lockhart and in 2013, it won landmark status from the Greenwich Landmarks Registry. The historic clapboard house has been masterfully restored and renovated, boasting a mansard roof with pedimented dormers, two chimneys and a charming full-width porch. With a stellar location in-town, the new Elliman office sits near the Greenwich Train Station and is only one block from “The Ave.,” Greenwich’s main drag for luxury shopping and fine dining.
“The John Lockhart House and now Elliman office is in the heart of Greenwich,” says Michael Fitzgibbon, executive manager of sales for Connecticut and Westchester at Douglas Elliman. “This notable space will allow our agents to thrive in a comfortable environment and be active, engaged members of the surrounding community.”
In 2020, Douglas Elliman’s Greenwich office closed a record $281,958,000 in real estate which was a 34% increase in sales volume from 2019. In January 2021, Sally Slater of Douglas Elliman brought the buyer to Tommy Hilfiger’s estate at 30 John St. for $45 million, the highest sale in Greenwich so far this year.