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Nicholas Malinosky and Randy Ely Named One of America’s Top 1,000 Real Estate Teams by Real Trends, as Advertised in The Wall Street Journal

June 24, 2016

Nicholas Malinosky and Randy Ely of The Douglas Elliman Real Estate were named one of America’s top real estate professional teams by REAL Trends, as advertised in The Wall Street Journal. For the second consecutive year, this dynamic luxury team is a member of the “The Thousand Top Real Estate Professionals,” a prestigious national awards ranking sponsored annually by REAL Trends and advertised in The Wall Street Journal. Malinosky and Ely continue to be ranked in the top one half of 1 percent of the more than 1.1 million Realtors® nationwide.

The Thousand real estate professionals was announced on June 24, 2016, with four separate categories honoring the top 250 residential agents and agent teams for excellence in:
• Individual Sales Professionals—Sales volume
• Individual Sales Professionals—Transaction sides
• Team Professionals—Sales volume
• Team Professionals—Transaction sides

For the second year, REAL Trends has added two new categories to The Thousand ranking based off of average sales price. This new category is broken down into the top 50 residential agents and agent teams for excellence in:
• Individual Sales Professionals – Average Sales Price
• Team Professionals – Average Sales Price
According to The Thousand, Malinosky and Ely had an average sales price totaling $5,258,303, ranking them number one in South Florida, fourth in the state and 29th in the nation.

“The best individual agents and teams—including Malinosky and Ely’s award-winning efforts—were nothing short of phenomenal considering the challenges in today’s complex housing market,” said Steve Murray, founder of REAL Trends, a Denver-based consulting, publishing and communications company and The Trusted Source that complies the yearly, third-party verified list. “Becoming a member of such an elite group as The Thousand is an incredible accomplishment in any market, but what Malinosky and Ely did during these challenging times is impressive on so many levels,” said Marti Gallardo, vice president of classified advertising for The Wall Street Journal. “The team’s efforts topped 99.99 percent of the more than 1.1 million Realtors nationwide.”

“We are honored to be named to The Thousand,” said Nicholas Malinosky who together with Randy Ely represent the finest luxury properties along the coastline of the Palm Beaches including Manalapan, Ocean Ridge, Gulf Stream, Delray Beach, Highland Beach and Boca Raton. When asked about their recipe for success, Malinosky explained, “With over 35 years combined experience focused solely on the beach area, we strive daily to exceed our clients’ expectations with superior service and results.”

Please see the ranking of The Thousand.

As the #1 Luxury Team in the Beach Area, Nicholas Malinosky and Randy Ely are thrilled to be recognized again by REAL Trends The Thousand, as advertised in The Wall Street Journal. Please contact them today for all your luxury real estate needs.

About The Thousand – This awards program was developed jointly by WSJ. Custom Studios (and is not affiliated with the Editorial Department) and REAL Trends, a leading source of analysis and information for the residential real estate brokerage industry. REAL Trends The Thousand honors America’s elite real estate professionals and their companies and is compiled and analyzed by REAL Trends with a special ad section included in The Wall Street Journal.

Blog, News Press

Douglas Elliman Real Estate Sealed More Deals Than Any Other Real Estate Firm in Manhattan

May 21, 2016

This month The Real Deal Magazine announced that the Douglas Elliman Real Estate sealed more deals than any other real estate firm in Manhattan. Douglas Elliman Real Estate hit the No. 1 spot with $6.13 billion in sales over the last year. This number is up 43 percent from the previous year and represents $700 million more than the nearest competitor.

According to E.B. Solomont’s article, ‘œThe Real Deal based its rankings on closed transactions in Manhattan for which the firm held the exclusive listing during the 12 months that ended on February 29. It does not include buy-side deals.’ The Top 25 firms closed more than $20.8 billion worth of transactions during the 12 month period.

The writer credits the increase in sales volume to the influx of new condo sales. The many deals that were written pre-construction and have been under contract for months and even years are finally closing. Solomont also notes that an increase in prices over that last few years means that fewer sales resulted in a higher sales volume. See full article for details

South Florida Douglas Elliman Real Estate agents Nicholas Malinosky and Randy Ely are not surprised by the good news. Mr. Malinosky and Mr. Ely know that their fellow Manhattan Corcoran colleagues are the top agents in the industry. It is no secret that Douglas Elliman Real Estate agents achieve record breaking sales year after year in the luxury real estate markets of South Florida and New York.

Ready to work with the #1 Luxury Team in the Beach Area? Nicholas Malinosky and Randy Ely are available to help you achieve your luxury real estate goals.

Blog, News Press

Goldman Sachs CEO Sells $13 Million Hamptons Home

May 20, 2016

According to the Wall Street Journal, Goldman Sachs CEO Lloyd Blankfein has finally sold his home in the Hamptons. After several previous attempts to sell with other real estate firms, Blankfein listed the property three months ago with Douglas Elliman Real Estate agent Susan Breitenbach.

The home located on Parsonage Lane in Sagaponack was first listed in 2007 for approximately $14M. The home was listed again in 2015 for $16.996M with subsequent price reductions to $15.9 and then $14.5. Susan Breitenbach of the Douglas Elliman Real Estate listed the property in February 2016 at $12.995M and now has the property under contract. See WSJ article by Candace Taylor

According to 27east.com, Lloyd Blankfein and his wife Laura built the 6,500 square foot house two decades ago. The seven bedroom residence sits on 2.7 acres and features a media room, gym, sunken tennis court and a 45-foot pool with pool house. See 27east.com article by Tom Clavin

According to Business Insider, the Blankfeins purchased another home in 2012 in Bridgehampton worth $32.5 million. Business Insider writer Dennis Green states that this is ‘œreportedly the reason’ Blankfein decided to sell the Sagaponack property. See Business Insider article

Actor Richard Gere just listed his North Haven mansion with Douglas Elliman Real Estate’s Susan Breitenbach. According to 27east.com, the celebrity’s home had not sold previously even after an $11 million price reduction. By listing with Corcoran, Gere is hoping to have the same result as Blankfein.

Nicholas Malinosky and Randy Ely congratulate their fellow Douglas Elliman Real Estate agent, Susan Breitenbach on a job well done. Mr. Malinosky and Mr. Ely are honored to be associated with the Douglas Elliman Real Estate and enjoy networking with some of the real estate industry’s top agents in both South Florida and New York.

Would you like to sell your South Florida luxury home? Please contact Mr. Malinosky and Mr. Ely – the #1 Luxury Team in the Beach Area – to discuss the current luxury real estate market.

Blog, News Press

East Delray Beach Home Hits the Beach Area Luxury Real Estate Market

May 19, 2016

An East Delray Beach home just hit the beach area luxury real estate market. The residence located at 1215 Southways, Delray Beach, Florida was entered in the Multiple Listing Service on May 19, 2016 with a list price of $2.195M. This new listing is also featured on RandyandNick.com, Corcoran.com, Zillow, Trulia and Realtor.com.

This fabulous beach area residence in East Delray Beach is located just one block from the Atlantic Ocean. Enjoy the shops and restaurants of Atlantic Avenue just a few blocks away with George Bush Boulevard just one block north. Palm Beach and Worth Avenue are a scenic drive via A1A plus easy access to all three International Airports via I-95. With a prime location tucked off A1A, this property offers beach area living in a private setting. The tropical landscape and decorative circular drive enhance the home’s front exterior complete with an inviting front porch and double door entry. The three bedroom residence offers hardwood floors and an open floor plan with lots of windows and French doors throughout providing natural light and picture perfect views of the pool and grounds. Features include formal living and dining rooms, chef’s kitchen open to the family room, den, master suite, two additional guest bedrooms with full baths, laundry room and one car garage. Enjoy endless hours of fun and outdoor entertaining thanks to the heated pool with spa. The entire pool is surrounded by an expansive, decorative patio with numerous areas for lounging, grilling and dining and includes a heated outdoor shower for your convenience. Although the home was built in 1960, it was renovated in 2004 and completed with many upgrades by current Seller the same year. The home has been meticulously maintained and professionally managed. Luxury living awaits in this perfect and private beach area residence. Please see Property Details .

This fabulous beach area home is exclusively listed by Nicholas Malinosky and Randy Ely of the Douglas Elliman Real Estate. Looking to buy a luxury residence in South Florida’s beach area? Want more information about the Luxury Real Estate Market, please contact Mr. Malinosky and Mr. Ely, the #1 Luxury Team in the Beach Area.

Blog, News Press, Real Estate

Palm Beach Luxury Real Estate Winter Season in Review

May 6, 2016

According to a Palm Beach Daily News Article by Darrell Hofheinz, the Palm Beach Luxury Real Estate Winter Season ‘œwasn’t explosive but it was active as buyer and sellers met in the middle over prices.’ Hofheinz notes that the real estate market found ‘œmore solid ground’ over the last seven months. He further explains that ‘œregaining balance was a recurring theme in conversations’ amongst those who work in the business.

Palm Beach’s winter real estate season was busy but not ‘œfrantic’ and saw more sellers entering the market. According to article, listings have increased from 136 a year ago to 167 currently listed in the Palm Beach Board of Realtors Multiple Listing Service (MLS).

When asked about the winter season, Bill Yahn who serves as Douglas Elliman Real Estate’s Regional Senior Vice President South Florida said ‘œit’s merely a sign that the market has become more sustainable. This is common. We’ve seen it before. Prices move up, and it’s a buyer’s market ‘“ and then it levels off. And we find parity between buyers and sellers.’

Hofheinz reminds readers of several factors that marked the winter real estate season. The stock market, the presidential-election season, the earlier weak Canadian dollar, a mild winter in the North, and the early end of the season with Easter falling on March 27.

Either way, brokers are ‘œexpecting sales to continue apace through May and even into early season’. One Palm Beach Broker is quoted as saying, ‘œWe’re going to look back at 2016 and say it was a strong season. But it’s a late bloomer.’ See Full Article

Ready to discuss the current luxury real estate market? Contact Randy Ely and Nicholas Malinosky about the value of your luxury residence or for a complete list of luxury homes that are currently for sale. Mr. Ely and Mr. Malinosky are ready to help you achieve your luxury real estate goals.

Blog, News Press, Real Estate

Palm Beach Luxury Real Estate Market Biggest Sales of the Season

May 2, 2016

According to a May 1, 2016 post on The Palm Beach Daily News/The Shiny Sheet, the Palm Beach luxury real estate season enjoyed some large sales.

The article by Darrell Hofheinz features the largest waterfront sales in Palm Beach with nine sales over $15 million that closed between mid-September and April 30. According to the article, there were only five transactions in this category during the previous season. Hofheinz further states that the list offers proof that ‘œPalm Beach buyers appear more willing to reach deeply into their wallets for properties they consider worth the price.’ See Full Article.

The Douglas Elliman Real Estate was involved in the top four sales of the Palm Beach luxury real estate season. Here is a brief overview of the sales listed from highest to lowest:
$43.7 million – 1695 North Ocean Way (both sides Douglas Elliman Real Estate ‘“ Jim McCann list/Suzanne Frisbie sell)
$39 million ‘“ 89 Middle Road (co-listed by Brown Harris Stevens and Douglas Elliman Real Estate agents Dana Koch and Paulette Koch)
$32 million ‘“ 225 Indian Road (both sides Douglas Elliman Real Estate ‘“ Suzanne Frisbie)
$31.4 million ‘“ 390 North Lake Way (listed by Douglas Elliman Real Estate/Jim McCann)
$23.95 million ‘“ 720 South Ocean Boulevard
$20.76 million ‘“ 240 Banyan Road
$18.14 million ‘“ 757 Island Drive
$18 million ‘“ 473 North County Road
$17.6 million ‘“ 101 El Brillo Way

Randy Ely and Nicholas Malinosky congratulate their fellow Douglas Elliman Real Estate colleagues and friends on a successful season and another year dominating the Palm Beach Luxury Real Estate Market.

Interested in the current luxury real estate market? Planning on buying or selling an oceanfront estate, Intracoastal residence or beach area home? Randy Ely and Nicholas Malinosky are ready to help you achieve your luxury real estate goals.

Randy Ely and Nicholas Malinosky; The #1 Luxury Real Estate Team in the Beach Area.

Blog, News Press, Real Estate, Sold

Another Delray Beach Luxury Oceanfront Estate Sold by Randy Ely and Nicholas Malinosky

April 29, 2016

Randy Ely and Nicholas Malinosky are pleased to announce that they have sold another direct oceanfront estate located at 1171 South Ocean Boulevard, Delray Beach Florida. According to the Beaches MLS, the property was listed for $13 million and closed on April 28, 2016.

The oceanfront compound adorns the Estate Section of Delray Beach’s Coastline. The completely gated and private estate is nestled off A1A just south of Atlantic Avenue’s shops and restaurants and an easy and scenic drive to Palm Beach and Boca Raton. With 100 feet of direct ocean frontage and over 408 feet of depth, the nearly one acre parcel is the perfect setting for this resort-style residence. Boasting stunning ocean vistas and over 12,000 square feet, features include formal living and dining rooms, gourmet kitchen and open family room with fireplace, first floor master suite with private loggia, home theatre room, paneled office, six additional guest rooms, a third floor observation deck, cathedral ceilings, marble and hardwood floors, and much more. The manicured grounds and custom landscape create the perfect setting for the seaside pool and spa, outdoor dining loggia and open terraces. This private oceanfront mansion is perfect for enjoying the luxury lifestyle. Please see Property Details

The oceanfront residence was exclusively listed by the luxury real estate team of Randy Ely and Nicholas Malinosky. They were very pleased to bring the buyer to the transaction as well. Mr. Ely and Mr. Malinosky are pleased to continue their long established work in the oceanfront market and congratulate the Seller and Buyer on this transaction.

As the #1 Luxury Team in the Beach Area, Randy Ely and Nicholas Malinosky are happy to assist you with your real estate goals. Please contact them today and visit www.RandyandNick.com.

Blog, News Press, Real Estate

Florida Cities Land Top Spots on Luxury Home List

April 13, 2016

Florida cities land the most top spots on the luxury home list according to a Florida Realtors post yesterday. Throughout the nation, luxury home listings and sales grew at a stable rate over the last year as reported by Coldwell Banker Previews International’s latest annual Luxury Market Report.

The report ranked the top 20 cities into two categories (Closed Sales and Listings) with three sub-categories ($1M+, $5M+ and $10M+). Florida cities ranked ‘œin the most top spots for high-priced real estate, with luxury sales posting double-digit growth in Miami, Naples and Palm Beach’. Please see full article.

Among the top 20, Delray Beach, Palm Beach and Boca Raton all made the list:

Closed Sales:
$5,000,000+
#12 ‘“ Palm Beach
#18 ‘“ Boca Raton
$10,000,000+
#10 ‘“ Palm Beach
#17 ‘“ Delray Beach
Listings:
$1,000,000+
#13 ‘“ Boca Raton
$5,000,000+
#12 ‘“ Boca Raton
#13 – Palm Beach
$10,000,000+
#10 ‘“ Palm Beach
#17 ‘“ Boca Raton
Please see complete report .

Interested in buying an oceanfront estate in Delray Beach? A mansion in Palm Beach? That perfect waterfront residence in Boca Raton? Randy Ely and Nicholas Malinosky of the Douglas Elliman Real Estate can help you achieve your luxury real estate goals. Please contact Mr. Ely and Mr. Malinosky, the #1 Luxury Team in the Beach Area.

Blog, Featured Listings, For Sale, News Press, Real Estate

East Delray Beach Townhome Hits the Delray Beach Luxury Real Estate Market

April 12, 2016

An East Delray Beach townhome just hit the luxury real estate market. The fabulous townhouse located at 58 Seabreeze Avenue, Delray Beach, Florida was entered in the Multiple Listing Service on April 12, 2016 with a list price of $2,249,500. This luxurious new listing is also featured on RandyandNick.com, Corcoran.com, Zillow, Trulia and Realtor.com.

Ideally located just one block from Atlantic Avenue and two blocks from the beach, Seabreeze Isles is a lovely and private development made of up only five townhomes. With over 4,600 total square feet and five bedrooms, this spacious townhome lives like a single-family home with the added benefit of worry-free maintenance. The British West Indies exterior is enhanced by the decorative driveway, white fence and manicured landscape. The interior further reflects island living with pecky cypress beamed ceilings and custom accents; tumbled marble floors; custom built-ins; just the right splash of color to accent the abundance of natural light; and stunning views of the expansive and ultra-private grounds and pool. Features include entry foyer, formal living room with fabulous views of the grounds, gourmet kitchen with snack bar and dining area, family room, master suite and four additional guest rooms each with private bath. True tropical living is best enjoyed outdoors thanks to the private, fenced grounds and extraordinary landscape. Exterior features include covered loggia with summer kitchen, pool and spa, decorative patio with dining area and abundant lounging areas. Additional features include first floor powder room, laundry room, custom molding and woodwork throughout, custom screens, impact doors and windows, elevator, three car garage and plenty of room for parking. With the beach and Atlantic Avenue just a block away, this Seabreeze Isles townhome offers the best of both worlds; a private and tropical oasis with an exciting East Delray Beach address. Come experience the luxury lifestyle in this British West Indies townhome.

Please see Property Details .

This Seabreeze Isles Townhome is exclusively listed by Randy Ely and Nicholas Malinosky of the Douglas Elliman Real Estate.

Looking to buy a luxury residence in South Florida’s beach area? Want more information about the current Luxury Real Estate Market, please contact Randy Ely and Nicholas Malinosky, the #1 Luxury Team in the Beach Area.

Blog, News Press, Real Estate, Sold

Delray Beach Waterfront Estate Sold by Randy Ely and Nicholas Malinosky

April 11, 2016

Randy Ely and Nicholas Malinosky are pleased to announce that they have sold the waterfront estate located at 126 Seabreeze Avenue, Delray Beach, Florida. The transaction closed on April 8, 2016.

This East Delray Beach direct Intracoastal estate is just two blocks from the beach and the shops and restaurants of East Atlantic Avenue. The charming two story home is located on a large corner lot and complete with pool and private dock.

The waterfront estate was listed by Douglas Elliman Real Estate colleague and friend, Wendy Overton for $4.695M. Mr. Ely and Mr. Malinosky were pleased to represent the buyer on this transaction and congratulate their client on his purchase. See Property Details

Looking to purchase a waterfront estate? Randy Ely and Nicholas Malinosky have several luxury waterfront homes in their Exclusive Listing Inventory:
3232 Polo Drive, Gulf Stream listed at $7.45M
1002 Seasage Drive, Delray Beach listed at $6.975M
617 Palm Trail, Delray Beach listed at $5.95M
2352 South Ocean Boulevard, Highland Beach listed at $4.795M
124 Marlin Drive, Ocean Ridge listed at $3.495M
920 Gardenia Drive, Delray Beach listed at $2.695M
3 Waterview Drive, Ocean Ridge listed at $1.895M

Randy Ely and Nicholas Malinosky are pleased to continue their work in the beach area and congratulate the Seller and Buyer on this transaction.

As the #1 Luxury Team in the Beach Area, Randy Ely and Nicholas Malinosky are happy to assist you with your real estate goals. Please contact them today and visit www.RandyandNick.com.