Douglas Elliman expands to Nantucket

by Liz Hughes

Douglas Elliman has expanded to Nantucket, opening its first brick-and-mortar office on the island at 12 Oak St., Suite 8. 

Company officials said the move is in keeping with the firm’s mission to “service the places that our clients want to call home, this move underscored the brokerage’s commitment to New England and specifically, the Cape and Islands”

The announcement was made ahead of the 46th Annual Nantucket Daffodil Festival. Douglas Elliman is a sponsor of the event. 

“We could not be more thrilled to land on Nantucket,” said Scott Durkin, CEO of Douglas Elliman Realty. “While our agents have done exponential business throughout the Cape and Islands over the past two years, we are proud to finally lay down roots and continue to grow our presence in this prestigious market.”  

Douglas Elliman launched an initiative in 2020 allowing agents to work virtually including on Martha’s Vineyard, Cape Cod and Nantucket, according to a press release. Two years later, it’s opening its doors in a location on Nantucket. 

Richard Ferrari, president and CEO of Brokerage, New York City and Northeast Region at Douglas Elliman said opening an office on Nantucket is a natural next step for the company. 

“This new space will allow our agents to thrive in a comfortable environment and be active, engaged members of the community,” Ferrari said. 

Lisa Rainis, executive manager of sales for Douglas Elliman’s Massachusetts Division, said the company is dedicated to offering exceptional real estate experiences for both its clients and agents. 

“Our move to the Island only strengthens our presence in Massachusetts, and we look forward to engaging this flourishing market,” she said. 

The firm already had several sales on the island with Michael Passaro of the Holly Parker Team. Those closed deals include 66 Walsh St., for $7,100,000, 53 Hummock Pond Road, for $3,022,630, and 39 Hummock Pond Road, for $2,800,000.  

Other Douglas Elliman agents working on the Cape and Islands include Craig Brody, Jesse Greenstein, George Jedlin and both DJ Gendreau and Allison Cameron Parry of The Gendreau Group. 

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