New York luxury real estate brokerage Douglas Elliman is doubling its footprint in Boston.
The company has announced its acquisition of Bulfinch Boston Realty for an undisclosed sum. The six-person office at 255 Newbury St. will join Elliman as its second physical office in the area. Bulfinch President and CEO Zechariah Cook will join Elliman, as well.
The office will serve all Boston neighborhoods, plus surrounding suburbs, and will work in existing-home sales, sales of new construction and condominium conversions and the rental market.
“We are thrilled to join forces with Douglas Elliman,” Cook said in a statement released by Elliman. “We have been following Elliman for more than a decade, and have always been so impressed with the elegant, heritage brand. We look forward to taking advantage of the firm’s all-star resources in public relations, marketing, technology, and referrals as we continue to grow our business in the greater Boston area.”
Cook has owned the 35-year-old Bulfinch in its entirety since 2019, when he bought out his partner. His current team has participated in over $200 million worth of sales since 2016, with more than $70 million of sales taking place in 2021, Elliman said.
“The team that Zechariah has fostered at Bulfinch Boston Realty is the exact type of talent we look for at Douglas Elliman,” Richard Ferrari, president and CEO of brokerage, NYC and Northeast Region at Douglas Elliman, said in a statement. “Not only does Zech provide a custom service approach to tend to his clients with care, but he takes the time to educate them on the importance of home ownership and investment as the greatest pathway to wealth creation.”