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2007-07-27 07:03:00

Prudential Douglas Elliman Is Sales Agent for Residential Ocean Liner

NEW YORK -- Orphalese Holdings, the parent company of The Orphalese, the world’s largest luxury residential ocean liner of her class, has announced an exclusive partnership with Prudential Douglas Elliman, the largest residential real estate firm in New York City, to be the luxury cruise ship’s worldwide sales agent.

Donald V. Allen, CEO, Orphalese Cruise Lines, said, “Prudential Douglas Elliman is the ideal partner to actualize our dream of offering an ocean-based lifestyle on-board The Orphalese. They identify with the representative Orphalese market and clearly have the proven experience and track record of selling luxurious residences to premiere clientele.”

“Prudential Douglas Elliman is proud to announce its exclusive sales partnership with The Orphalese, marking one of the firm's largest real estate deals, as well as the first of its kind for us,” said Howard M. Lorber, chairman, Prudential Douglas Elliman. “We know that our widespread network of agents combined with The Orphalese’s distinctive itinerary and extraordinary residences and amenities offers an unparalleled opportunity for our upscale clientele. Also due to intelligent design engineering and resultant operating efficiencies onboard The Orphalese, we will be able to offer the strongest cost of ownership profile in the ocean residence market today.”

Sales and marketing efforts will begin in the Hamptons, the affluent summer enclave on the East End of Long Island, where the residential ocean liner will have its debut at the season’s most talked about events and galas, including the Southampton Hospital Gala, Hampton Classic, and Art for Life benefit.

The stunning redesigned East Coast Orphalese Sales Team office is located at Prudential Douglas Elliman’s offices at 575 Madison Avenue in New York City.

About The Orphalese

Capturing the imagination of the public as a unique ocean-based lifestyle experience, The Orphalese will be the most exciting place to be. The Orphalese is the first residential ocean liner to offer 200 permanent ocean residences, ranging in size from 1,000 square feet to 4,000 square feet, as well as 265 suites for luxury cruise passengers. Leveraging the combined resources of the world's best business, luxury real estate and design talent, the residential ocean liner will be equipped with the finest amenities available anywhere in the world. Spending an average of 200 days in various ports around the world, the residential ocean liner will give owners and guests the opportunity to visit the globe's most exclusive events and explore the cultural and historic offerings of each country.

About Prudential Douglas Elliman

Prudential Douglas Elliman is New York’s largest residential brokerage, with 63 offices, 3,400 real estate agents and a network of national and international affiliates. In an independent study, Prudential Douglas Elliman, ranked #5 of all real estate companies in the nation with $11.7 billion in sales in 2006. Prudential Douglas Elliman also controls a portfolio of real estate services, including Manhattan’s largest residential property manager, Douglas Elliman Property Management, as well as PDE Title and Preferred Empire Mortgage Company.

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