Real Estate Weekly
Image default

Douglas Elliman buys Cobble Hill boutique, VESPA

Douglas Elliman has acquired VESPA Properties Group, a boutique brokerage based in Cobble Hill, Brooklyn.

Co-founders, Pietro Costa and Denver Butson, will be joining Douglas Elliman as The Costa Team and will continue to operate throughout the Brooklyn community with a focus on Carroll Gardens, Boerum Hill, Park Slope and Cobble Hill.

“We are excited to be joining forces with the dedicated agents and founders of VESPA Properties Group,” said Max Dobens, senior regional executive manager of sales in Brooklyn for Douglas Elliman. “Their commitment to excellence and strong company values are perfectly aligned with ours.”

VESPA Properties Group was launched by Costa and Butson, both long-term residents of Cobble Hill and Carroll Gardens, in 2007. The duo and their team have expertise in both rentals and sales.

Said Costa, “Douglas Elliman’s global intuition and international reach through their partnership with Knight Frank, paired with our experience and expertise in the Brooklyn market, will enable us to provide an even more enhanced experience for our valued clients, while still staying connected to our community.”

Related posts

AMS Acquisitions Acquires Lot  and Starts Construction To Build 55+ Residential Community in Howell Township NJ


Pearlmark and Waterton Announce the Closing of a $53.2 million Mezzanine Debt Investment with The McBride Cohen Company for Multifamily Development in Tempe, Arizona


Greenpoint Landing Associates Announces Housing Lottery for 100 Percent Affordable Residential Tower, 35 Commercial Street