Dolly Lenz, is a real estate executive with over 25 years of sales, marketing and branding experience. Dolly has become an industry legend having sold over $8.5 billion in properties during her career, a record that has earned her the ultimate “Stratosphere Award”, a level of achievement of which she is the sole recipient.
While pursuing a Masters degree in managerial auditing/accounting, Dolly worked in the motion picture, retail and insurance industries, experience which served her well in developing her real estate career. Initially, Dolly worked weekends at what she now refers to as “mom-and-pop” agencies, switching to full time employment as her part time real estate earnings began to eclipse her full time salary. Her impressive sales results caused industry insiders to take notice and led to her to being recruited by Sotheby’s. Dolly’s ability to continually set sales records soon led to her being featured in New York Magazine as one of the City’s top ten real estate power brokers. She spent 10 years at Sotheby’s as their top real estate broker before moving to Insignia Douglas Elliman in 1999. Dolly was key to bringing about the sale of Insignia Douglas Elliman to Prudential Real Estate Inc. and in 2003, after several years of outstanding sales results and other contributions to the company, she was promoted to Vice Chairman. Dolly is currently a member of the US Trust-Bank Of America Business Advisory Board and Lincoln Center’s Women’s Leadership Council.
Anyone who follows real estate will recognize the name Dolly Lenz as unquestionably the industry’s premier real estate professional. In the only profile ever done of a real estate broker by “The Economist”, the magazine called her “New York’s Real Estate Queen”. The real estate blog “The Real Estalker” called Dolly, “the most successful real estate agent that ever walked the earth”. Dolly has one of the most impressive client rosters in the industry. Although she is mainly known for representing high profile celebrity clients, Dolly does roughly half her business with relatively anonymous foreign buyers, including heads of state and sovereign wealth funds, who buy New York City apartments as investments in bulk. She also does prodigious business on the East End: In 2005 she sold Burnt Point mansion to Stewart Rahr for $45 million, netting a seven-figure commission; in 2006 she sold a Hamptons guesthouse-not even a house proper-for $20 million dollars.
Due to the depth of her experience and the breadth of her knowledge in real estate matters, she is repeatedly sought after to represent some of the most exclusive properties in the world. As a regular guest on CNBC’s “Power Lunch”, “Kudlow Report” and “Fox News with Neil Cavuto”, as well as appearances on MSNBC, Bloomberg TV, and “The View” on ABC, she has developed a broad following and continues to opine on current real estate issues in various media publications including The New York Times, Wall Street Journal, The Financial Times and Barrons. Dolly is a CNBC contributor and is featured on CNBC’s documentary series “Mega Homes: Secret Lives Of The Super Rich. She is also the host of CNBC’s real estate special series “Million Dollar Home” Challenge.
Dolly is not only recognized for her extraordinary business accomplishments, but also for her philanthropic contributions to charitable organizations such as Ronald McDonald House, Kips Bay Boys & Girls Club, the Central Park Conservancy, the New York Police Foundation, and Lincoln Center For The Performing Arts. She is a Board member of the NYC Police Athletic League (PAL), an organization devoted to the growth and prosperity of over 40,000 inner city youth. As a former PAL child herself, Dolly exemplifies the power of hard work and commitment in achieving success.