On The Avenue

The Oracle of Omaha Hangs a Shingle in New York

by Michael Gross Photographed by Rommel Demano/BFA
Wednesday, May 3, 2017
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Last Wednesday, Berkshire Hathaway HomeServices New York Properties celebrated its entrance into the New York real estate brokerage market at a lavish cocktail party at the Four Seasons Hotel’s Fifty7 restaurant.

A large crowd of real estate power brokers, social figures, philanthropists, politicians, actors, and fashion and social media influencers drank Champagne and dined on bountiful sushi, sashimi and other Asian fusion treats. AVENUE spotted Amir and Das Dossal, actor Christian Campbell, Carolina Herrera vice president Ludwig Heissmeyer, SnapListings founder Dolly Meckler, the LGBT Activist Adam Werner, Doyle Auctions’ Kathleen Doyle, former Lieutenant Governor of New York Richard Ravitch, Fox Residential founder Barbara Fox, RP Miller’s Reba Miller, A. Laurence Kaiser and Elizabeth Ann Stribling.

Berkshire Hathaway HomeServices New York Properties launched earlier this year, headed by New York City real estate powerhouse Ellie Johnson. The brand carries the name of the legendary investor Warren Buffett’s Berkshire Hathaway Inc., one of the world’s wealthiest and most-admired corporations. According to Wikipedia, Berkshire Hathaway wholly owns GEICO, BNSF Railway, Lubrizol, Dairy Queen, Fruit of the Loom, Helzberg Diamonds, FlightSafety International, Pampered Chef, and NetJets, and a bit more than 43% of the Kraft Heinz Company. It also controls an undisclosed percentage of Mars, Incorporated, and significant minority holdings in American Express, The Coca-Cola Company, Wells Fargo, IBM, Restaurant Brands International, and Apple. Besides his success in business, its chairman and largest shareholder, known as the Oracle of Omaha, where the company is based, is, with Bill and Melinda Gates, the co-creator of The Giving Pledge, a commitment by the world’s wealthiest individuals and families to dedicate the majority of their wealth to philanthropy. AVENUE’s April/May issue, dedicated to philanthropy, was inspired by their largesse.


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