Industry News

NRT buys New York brokerage

Long Island-based Dayton-Halstead joins The Corcoran Group

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The Corcoran Group, a member of the NRT family of companies, today announced it has acquired Dayton-Halstead LLC in East Hampton, N.Y. Dayton-Halstead is known particularly for its strong heritage in serving the real estate needs of the Hamptons and neighboring communities since 1906, according to a press statement. The company markets a wide range of properties that includes primary homes, summer cottages, oceanfront mansions, commercial properties and undeveloped acreage. Dayton-Halstead's 44 agents in three offices in East Hampton, Bridgehampton and Sag Harbor, N.Y., accounted for a total closed sales volume of $133 million in 2003. Pamela Liebman, president and chief executive officer for The Corcoran Group, will continue in her role overseeing operations in New York City, the Hamptons and Palm Beach. Melanie Ross will continue her role as regional vice president for The Corcoran Group in the Hamptons. Diane Saatchi, president of Dayton-Halstead, will become vice president of...