New York realtor paid £29.9 million in 2015
On Thursday, The Real Deal reported that Howard Lorber, chairman of Douglas Elliman, the fourth largest real estate group in the USA, took home £29.9 million ($42.5 million) in total pay in 2015.
New York based Lorber, 67, whose total pay in 2014 was £21.1 million ($30 million), was well ahead of peers. His nearest rivals, Richard Smith, CEO of Realogy Holdings – parent to the Corcoran Group – took home £6.4 million ($9.1 million) in 2015 whilst Vornado CEO Steve Roth’s total was a little higher at £7 million ($9.9 million).
Two stories to keep beside you
Website of the Week: Secret London Agent
Website devoted to “unmasking the shameless” will be useful to anyone planning an event in London The Steeple Times has been at the forefront of naming and shaming London’s party crashers since its inception and now we share with you Secret London Agent, a website specifically dedicated to highlighting the names and activities of […]
Mopping Up
One of the world’s highest paid actresses ludicrously asks for an electric mop on her wedding registry; this mucky madam plainly wants a role on “How Clean Is Your House?” Self-declared “actress and philanthropist” Jennifer Lawrence is best known for mendaciously moaning that a leak of her mucky nude photographs were a “sexual violation.” […]
Of his situation, Lorber (whose additional pay for his roles as a board member of Nathan’s Famous and a director of Morgans Hotel Group is not stated), casually remarked: “I’m happy that I did a deal and I’m here for at least seven years – hopefully longer”. He concluded: “I love what I do”. You bet he does.
Subscribe to our free once daily email newsletter here:[contact-form-7 id=”225″ title=”Contact form 1″]
Readers have their say
8 comments
What does the chief of Foxtons get paid?
He looks very smug… Like most estate agents.
I love what I do, Pleeeeeeeeese give me a break.
It’s just incredible don’t ya think, people on our planet with no roof and a slice of Hovis to eat.
He could do better with supermarket baskets and a Advertising Agency or three
He’s indeed not in the league of Sir Martin Sorrell – a man in the pay stratosphere.
I don’t care for Sorrell. He never stops whining about anti semitism in the UK: a country where Jewish people have never been held back from achieving greatness in every sphere. The fact is no one-especially other Jews, like the man. But, to give him credit he has welded together an empire peopled by very difficult and disloyal staff. For that, I give him credit. His ex wife, lives around the corner from me. I am not surprised he dumped her. A marriage of disagreeable equals.
Don’t envy him.
It’s easier for a camel to pass through the eye of a needle than a rich man to enter the kingdom of God.
I say good luck to him. His days are numbered.
Yes, but Jesus said, “my father’s house has many mansions” so the unpleasant rich will be kept away from us