Corcoran Group
American real estate brokerage
From Wikipedia, the free encyclopedia
The Corcoran Group is an American real estate brokerage firm and a division of Compass, Inc.
| Company type | Subsidiary |
|---|---|
| Industry | Real estate brokerage firm |
| Founded | 1973 |
| Founders | Barbara Corcoran |
| Headquarters | New York City |
| Parent | Compass, Inc. |
| Website | www |
History
Barbara Corcoran, a former diner waitress, founded the company in 1973 with a $1,000 loan.[1][2]
In 2001, Barbara Corcoran sold the company to NRT for $66 million.[1][2]
In 2002, the company brokered $4.2 billion worth of real estate.[3]
In 2022, the company was the second largest broker of residential real estate in the East Village and the Lower East Side, selling $210 million in volume in 112 transactions in those neighborhoods.[4]