| Company type | Subsidiary |
|---|---|
| Industry | Real estate brokerage firm |
| Founded | 1973; 53 years ago (1973) |
| Founders | Barbara Corcoran |
| Headquarters | New York City |
| Parent | Compass, Inc. |
| Website | www.corcoran.com |
The Corcoran Group is an American real estate brokerage firm and a division of Compass, Inc.
History
[edit]Barbara Corcoran, a former diner waitress, founded the company in 1973 with a $1,000 loan.[1][2]
In 2001, Barbara Corcoran sold the company to NRT for $66 million.[1][2]
In 2002, the company brokered $4.2 billion worth of real estate.[3]
In 2022, the company was the second largest broker of residential real estate in the East Village and the Lower East Side, selling $210 million in volume in 112 transactions in those neighborhoods.[4]
References
[edit]- ^ a b Sorkin, Andrew Ross; Blair, Jayson (September 25, 2001). "Corcoran Sells Realty Firm She Founded". The New York Times.
- ^ a b Eng, Dinah (May 23, 2013). "Barbara Corcoran – From waitress to real estate queen". Fortune.
- ^ "The Corcoran Group, Inc". Encyclopedia.com.
- ^ Egbert, Bill (August 2, 2023). "Compass, Corcoran dominate the East Village and LES". The Real Deal.
