Douglas Elliman And NYU Schack Announce Fall 2013 Scholarship Recipients

NEW YORK, June 10, 2013 /PRNewswire/ -- Douglas Elliman Real Estate and the New York University Schack Institute of Real Estate, a division of the NYU School of Continuing and Professional Studies (NYU-SCPS), are pleased to announce the Douglas Elliman Scholarship Master's Candidates Recipients for Fall 2013: James Carroll and Ali Haidar. The Douglas Elliman Scholars were chosen through a rigorous selection process and will each receive funds toward tuition for the degree in which they are enrolled within the NYU Schack Institute of Real Estate.

Established by Douglas Elliman in 2012, the Douglas Elliman Scholarship is the first program of its kind funded by a residential real estate firm for NYU Schack. Douglas Elliman will be donating a total of $100,000 over five years to support qualified students who seek the highest standard of education in either NYU Schack's M.S. in Real Estate or the M.S. in Real Estate Development.

"We are honored to be able to support these students and to give back to the greater real estate community by way of the Douglas Elliman Scholarship," said Dottie Herman, president and CEO of Douglas Elliman Real Estate. "As a company, Douglas Elliman is committed to elevating the standard of excellence within the industry through investing in the next generation of leading real estate professionals."

Mr. Carroll and Mr. Haidar are top achievers at NYU Schack and are both working toward a Master of Science in Real Estate with a concentration in Finance and Investment. Both students maintain A averages and are expected to graduate in Fall 2013.

"We are so pleased by the Douglas Elliman Scholarships, and are very proud of Ali and James, our new winners. We value our relationship with Douglas Elliman and their recognition of the high caliber of our graduate students," said Rosemary Scanlon, divisional dean and clinical associate professor at the NYU Schack Institute of Real Estate.

About Douglas Elliman Real Estate
Douglas Elliman Real Estate is New York's largest residential brokerage, with over 70 offices in New York City, Long Island, the Hamptons ,Westchester/Putnam, and South Florida and more than 4,000 real estate agents and a network of national and international affiliates. They are strategic partners with London-based Knight Frank LLP for residential business in all of their New York markets. Douglas Elliman ranked in the top four of all real estate companies in the nation in 2007, 2008, 2009, 2010, 2011, and 2012. The company also controls a portfolio of real estate services, including Manhattan's largest residential property manager, Douglas Elliman Property Management, as well as DE Title and DE Capital Mortgage. For more information on Douglas Elliman as well as expert commentary on emerging trends in the real estate industry, visit the Douglas Elliman site at www.elliman.com.

About the NYU Schack Institute of Real Estate
The NYU Schack Institute of Real Estate (scps.nyu.edu/schack) was founded in 1967, at the initiative of prominent real estate leaders who encouraged NYU to establish an academic center that provided an educational foundation for professionals within their industry. Today, NYU Schack offers graduate degrees—notably the M.S. in Real Estate, the M.S. in Construction Management, and the M.S. in Real Estate Development—as well as graduate certificates in real estate and construction management, all of which enroll nearly 800 full- and part-time students from more than 30 countries and boast nearly 3,000 graduates around the globe. The Schack Institute recently launched a new B.S. in Real Estate. In addition, each year, approximately 4,200 working professionals enroll in the Institute's professional certificate programs, noncredit courses, and licensure-related offerings in such areas as real estate finance, sales and brokerage, sustainable design, facilities management, and architecture and civil engineering. The Institute also houses the NYU REIT Center and the Center for the Sustainable Built Environment, and hosts key industry events, including annual conferences on real estate capital markets and REITs. NYU Schack is one of several academic divisions within the School of Continuing and Professional Studies (NYU-SCPS), which offers a broad range of professionally focused undergraduate, graduate, and noncredit offerings.

SOURCE Douglas Elliman Real Estate

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