Industry NewsMarkets & Economy

Prudential Douglas Elliman pledges $100K for real estate scholarship fund

Contribution will provide $20K a year for 5 years toward master's degrees

Learn the New Luxury Playbook at Luxury Connect | October 18-19 at the Beverly Hills Hotel

The New York University Schack Institute of Real Estate, founded in 1967, announced its first-ever scholarship from a residential real estate firm earlier this month.Prudential Douglas Elliman, one of New York's largest residential real estate brokerages, with more than 60 offices and more than 3,800 agents in New York City and surrounding areas, pledged $100,000 to a scholarship fund for students at the institute. The Douglas Elliman Scholarship will provide $20,000 a year for five years to the fund that will be shared by academically successful students with 24 or more credits toward a master's degree in either real estate or real estate development and who have demonstrated financial need. A maximum of two students each spring and fall semester will receive financial aid from the scholarship fund. "The Douglas Elliman Scholarship will help to guide the next generation of top real estate professionals and give students access to funds not otherwise available," said Dottie ...