Real estate powerhouse Douglas Elliman is expanding its North Fork presence with an office in downtown Greenport.
The firm has acquired the former Lloyd’s Realty on Front Street in Greenport and former owner Kathy Lloyd Rosenbaum and her team will be among the new location’s agents.
Rosenbaum declined to comment on the move when reached on Thursday.
Douglas Elliman already operates an office on Main Road in Mattituck. Karla Dennehy, who currently manages Elliman’s Mattituck office, will also manage the Greenport office.
“The North Fork is in the midst of a big resurgence, and we needed to grow along with the success of the region,” Elliman President & CEO Dottie Herman said in a statement. “Greenport is a beautiful community that attracts both year-round and seasonal buyers and renters. We go where our clients are, and Greenport simply makes sense for strategic growth [on] the North Fork.”
The move comes while the North Fork market is on an upswing.
First quarter sales were up nearly 40 percent on the top fork, compared with the same period last year, according to a Douglas Elliman report.