Douglas Elliman just announced its acquisition of VESPA Properties Group, a boutique real estate firm that specializes in properties throughout Brooklyn, with a focus on Carroll Gardens, Boerum Hill, Park Slope and Cobble Hill. Co-founders, Pietro Costa and Denver Butson, will be joining Douglas Elliman as The Costa Team and will continue to serve the Brooklyn community.

“We are excited to be joining forces with the dedicated agents and founders of VESPA Properties Group,” said Max Dobens, Senior Regional Executive Manager of Sales in Brooklyn for Douglas Elliman. “Their commitment to excellence and strong company values are perfectly aligned with ours.”

“Pietro and Denver have deep roots, plus a terrific reputation in the community, where they both live, work and raise their families,” said Jason Fien, Executive Manager of Sales for Douglas Elliman’s Carroll Gardens office. “With their extensive local knowledge and solid relationships, we know they will be instrumental in strengthening Elliman’s connection to the community and continuing to grow our Brooklyn brand.”

VESPA Properties Group was launched in 2007 by Costa and Butson, who are long-term residents of Cobble Hill and Carroll Gardens. Their team has a proven track record on par with the nation’s top 1% of real estate professionals, built on in-depth knowledge of the market. The VESPA team has demonstrated their expertise in all areas of real estate such as sales, rentals, design, development, and construction.

“We have always believed that real estate is a very local experience and that real estate professionals should know their community, root themselves in it, and help to enrich it through their practice,” said Costa. “Douglas Elliman's global intuition and international reach through their partnership with Knight Frank, paired with our experience and expertise in the Brooklyn market, will enable us to provide an even more enhanced experience for our valued clients, while still staying connected to our community.”

Article by Katya Demina