Terra Holdings, LLC, is one of America’s largest privately-held real estate services companies and is the market leader in luxury residential real estate sales, rentals and property management in New York and Florida, as well as a leader in commercial property services, appraisals and insurance.
With a total staff of more than 1,500 and comprising over 2,300 brokers, Terra Holdings is the parent group of two major real estate brand-name companies that provide a broad spectrum of services to clients in the Metropolitan New York area and Florida with access to buyers and sellers throughout the United States and around the world.
Terra Holdings companies include: Brown Harris Stevens, founded in 1873, one of New York City’s oldest and largest luxury residential and commercial real estate service providers with offices throughout Manhattan, Brooklyn, The Hamptons, North Fork, and Palm Beach; Halstead Property Company, another market leader and a significant innovator in residential brokerage and property management with more than 965 residential sales brokers in 26 offices throughout the New York tri-state area; and The Vanderbilt Companies, a service firm with businesses in insurance, appraisals, advertising and marketing. In addition, Terra Holdings companies manage over 400 residential buildings comprising over 26,000 units and its brokerage divisions sell over $6 billion of apartments and townhouses annually.
Its headquarters is located in the Terra Holdings Building at 770 Lexington Avenue where the constituent companies are served by a powerful central organization of 300 seasoned, knowledgeable professionals. This team provides expertise and support in a variety of disciplines, including finance, law, accounting, information technology, research, and human resources, and is equipped with a state-of-the-art computer and communications infrastructure that has consistently been the most sophisticated in the industry.
The Terra Holdings group is organized to support the agility and focus of its individual operating companies with the strength and reach of the parent. Its members all share their enormous wealth of combined experience, information and data as top companies in their respective fields. Terra Holdings also draws on these resources in authoritative and highly regarded reports and analyses of the residential real estate market, which are issued periodically by its full-time chief economist. Terra Holdings executives are respected leaders in their profession. In just the last four years, fifteen members of the Terra Holdings companies’ have been honored by the Real Estate Board of New York (REBNY) with awards for outstanding professional achievement, and the presidents of two Terra Holdings companies serve as governors of REBNY.
The principals of Terra Holdings are David A. Burris, Kent M. Swig, Arthur W. Zeckendorf and William Lie Zeckendorf, with Allied Partners. All are major figures in their own right as developers, investors and owners/managers of many significant commercial, residential and hotel properties in New York and throughout the United States. When they acquired Brown Harris Stevens, as only its third owners in a century and a half, they brought its distinguished history their own extraordinary family traditions in real estate.