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).
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.
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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