realestate

Howard Lorber forced out by Elliman board amid cultural concerns

Howard Lorber's Exit from Douglas Elliman Linked to Workplace Culture Concerns

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oward Lorber's sudden departure from Douglas Elliman was prompted by concerns over the company's workplace culture, according to sources. The board of directors, citing an investigation into allegations against two former top brokers, brothers Oren and Tal Alexander, urged Lorber's retirement. The Alexanders have been accused of rape in multiple lawsuits, with more than a dozen women coming forward with allegations. Two Elliman brokers also claimed the brothers drugged them in separate incidents.

    An FBI task force is investigating the allegations, which date back over a decade. Lorber was reportedly aware of one incident involving Tal and Oren allegedly drugging an Elliman agent, but the company denied any formal complaint was filed. The Alexanders have consistently denied the allegations.

    A special committee led by David Chene reviewed the investigation's findings, with some questioning the impartiality of external lawyer Marc Kasowitz due to his close relationship with Lorber. Elliman claimed Lorber's retirement was not a result of disagreement, citing a document filed with the Securities and Exchange Commission. The results of the investigation remain unknown.

Elliman CEO Howard Lorber ousted amidst cultural controversy at New York real estate firm.