Liggett Group LLC, Vector Tobacco Inc. and Liggett Vector Brands LLC are engaged in the manufacture and sale of cigarettes in the United States. Founded in 1873, Liggett Group is the operating successor to Liggett & Myers Tobacco Company and is the fourth-largest cigarette manufacturer in the United States. Liggett is the manufacturer of 123 brand styles of cigarettes, including successful national brands such as Eve, Grand Prix, Pyramid, Liggett Select and Eagle 20’s as well as private-label and distributor-exclusive brands. In 2002, Vector acquired The Medallion Company, Inc. which is now known as Vector Tobacco and is a discount cigarette manufacturer selling deep discount cigarette products. Liggett Vector Brands LLC coordinates the sales and marketing efforts, along with other support functions, for Vector Group’s tobacco operations as well as Zoom E-Cigs LLC.
New Valley is Vector Group’s real estate business subsidiary. In addition to its 70.59% ownership interest Douglas Elliman Realty LLC, New Valley owns investments and properties in New York, Los Angeles, Maryland, Milan, Italy, and St. Barth’s.
New Valley owns a 70.59% interest in Douglas Elliman Realty LLC, which operates the largest residential real estate brokerage in the New York metropolitan area. Douglas Elliman is the nation’s fourth largest real estate company with a network of agents and offices throughout Manhattan, Brooklyn, Queens, Long Island (including the Hamptons and North Fork), Westchester and Putnam Counties, as well as South Florida and Los Angeles.