Vector Group Ltd. is a holding company. The Company operates through two segments: Tobacco and Real Estate. The Tobacco segment is the manufacturer and seller of cigarettes in the United States through its Liggett Group LLC and Vector Tobacco Inc. subsidiaries. The Real Estate segment provides the real estate services, technology and investment business through its subsidiary, New Valley, which owns Douglas Elliman Realty and has interests in a range of real estate projects across the United States and is seeking to acquire or invest in additional real estate services, technologies and properties or projects. Douglas Elliman operates as the residential brokerage company in the New York metropolitan area and also conducts residential real estate brokerage operations in Florida, California, Connecticut, Massachusetts, Colorado, New Jersey and Texas.