NY firm buys one of Houston’s largest residential real estate companies

Douglas Elliman, the New York luxury firm that rocked the local residential real estate market when it established a Houston foothold earlier this year, has reportedly added one of the city’s largest homegrown single-family brokerages to its portfolio.

Houston-based John Daugherty Realtors has agreed to be acquired by Douglas Elliman, which is known for its high-priced listing and celebrity clients, according to The Houston Chronicle.

John Daugherty Realtors ranked No. 20 on the Houston Business…