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Douglas Elliman Opens on Boston’s Famed Newbury Street with Acquisition of Bulfinch Boston Realty

by Elliman Insider Team

December 2022

Douglas Elliman Realty announced today the expansion of its Boston footprint with the acquisition of Bulfinch Boston Realty and the opening of its second office in the city, at 255 Newbury Street. Zechariah Cook, President and CEO of Bulfinch Boston Realty, joins the brokerage alongside his six-person team, including Michael Fedorouk, Ismail Guessous, Stephanie Peter, Lauren Hammer, Felipe Deras and Alicia Ingalls. “Having led such an esteemed real estate firm, Zechariah has an invaluable sense of the market and a 360-degree business approach,” said Scott Durkin, Chief Executive Officer of Douglas Elliman. “We are proud to open our second Boston outpost with this leading team and anticipate great success.” “We are thrilled to join forces with Douglas Elliman,” said Cook. “We have been following Elliman for more than a decade, and have always been so impressed with the elegant, heritage brand. We look forward to taking advantage of the firm’s all-star resources in public relations, marketing, technology, and referrals as we continue to grow our business in the greater Boston area.” Cook began his real estate career at the bottom of the recession in April 2009, against the recommendation of many. After a year of working in the industry, he seized the opportunity to purchase 50% of Bulfinch Boston Realty and step into a leadership position. In 2019, Cook bought out his partner to own the entirety of the brokerage. His current team has participated in over $200,000,000 worth of sales since 2016, with more than $70,000,000 of sales taking place in 2021. “The team that Zechariah has fostered at Bulfinch Boston Realty is the exact type of talent we look for at Douglas Elliman,” said Richard Ferrari, President and CEO of Brokerage, NYC and Northeast Region at Douglas Elliman. “Not only does Zech provide a custom service approach to tend to his clients with care, but he takes the time to educate them on the importance of home ownership and investment as the greatest pathway to wealth creation.” At Douglas Elliman, The Bulfinch Team will focus on all Boston neighborhoods, within the city and the surrounding suburbs. As a result of the team’s 35+ year presence in Boston, they have developed strong relationships with property owners and landlords, building a robust database of rental inventory. Additionally, from first-time home buyers to investors, the team has experience with new condo conversion projects, new construction development, single-family homes, condo sales and more.