Business Profile: The Corcoran Group

11/02/2011 3:30 AM |

KATHARINE SCHROEDER PHOTO | Corcoran Group Senior Managing Director Joshua Y. Horton, left, with staff.

Owner: NRT, LLC

Year established: 2006, with acquisition of Alan M. Schneider Associates

Location: 53795 Main Road, Southold

Phone: 631-765-1300

Number of employees: 400

The Corcoran Group has established itself as the premier real estate company on Long Island’s East End. With 10 offices and 400 agents across the Hamptons, Shelter Island and the North Fork, it offers local knowledge and access to properties that reflect exactly who its buyers are and how they live.

The Corcoran Group is part of NRT Incorporated, the nation’s largest residential real estate brokerage company, which is itself a subsidiary of Realogy Corporation and operates Realogy’s company-owned real estate brokerage offices. Nationwide, it maintains 59 offices with 2,500 sales associates serving Manhattan, Brooklyn and Delray Beach and Palm Beach in Florida along with eastern Long Island.

The Corcoran Group strives to “understand each client’s individual needs and provide an exceptional real estate experience delivered with insight, innovation and integrity.”

For over 35 years, The Corcoran Group has exemplified a steadfast commitment to service, creativity and hard work. It was founded in 1973, as New York City began an historic transition from a predominantly rental market to one of individual ownership. Corcoran harnessed the implications of this shift by targeting specific neighborhoods and concentrating on higher-end properties. With that strategy, The Corcoran Group rose to prominence, and with the acquisition of major real estate companies in Manhattan and Brooklyn, it is now the largest residential real estate firm in New York City.

The Corcoran Group began to expand into other key luxury markets in 2003, acquiring leading firms in both the Hamptons and Florida, with over $18 billion in annual sales. In 1995 it launched one of the first real estate websites,, which is now an award-winning industry resource, attracting more than 4 million visitors per month and producing more sales than any other residential real estate website.

The Corcoran Report, one of the first real estate market research reports, provides a thorough analysis of market trends by size and types of housing and neighborhoods, and its sales statistics and timely market data are recognized as the most accurate and reliable in the industry.

7 days, 9 a.m.-5 p.m. and by appointment