H
oward Lorber's departure as chairman and CEO of Douglas Elliman sent shockwaves through the residential real estate industry. The company has been tight-lipped about the transition, with no executive available for comment. However, several executives and top brokers from Elliman and rival firms shared their thoughts on Lorber's lasting impact.

    Pam Liebman, Corcoran CEO, wished Lorber a well-deserved retirement, recalling his wit and memorable moments they shared over the years. Bess Freedman, Brown Harris Stevens CEO, remembered a relationship of friendly competition with Lorber, who even congratulated her firm on hiring a top Elliman broker.

    Freedman believes Lorber's legacy will be one of growth, as he oversaw Elliman's expansion into a national powerhouse and public company. Douglas Elliman broker Frances Katzen praised Lorber's time at the helm, saying his impact is "indestructible." She noted that Lorber changed the business model and would often go on listing appointments with her.

    Elliman broker Dina Goldentayer called Lorber a true real estate enthusiast who knew every comp on every top street. Former Elliman broker Vickey Barron applauded Lorber's decision to step aside, saying the industry is changing rapidly and needs new thought leaders. She recalled Lorber being a gentleman when she left for Compass, but noted that some agents may feel a void without him.

    The transition of power at Douglas Elliman has sparked interest in what's next for the company.