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Clockwise from left: Scott Stringer, Eric Adams, Shaun Donovan and Ray McGuire (Getty/Photo illustration by Kevin Rebong for The Real Deal)
More than a year ago, the New York Post, citing unnamed sources, reported that Comptroller Scott Stringer would join a growing list of mayoral candidates rejecting campaign contributions from the real estate industry.
That wasn’t quite true, it turns out: Landlords, brokers and other real estate players gave $10,560 to the city comptroller’s mayoral campaign in the past six months, according to an analysis by
The Real Deal.
Stringer’s campaign, which was quoted in the Post story and for nearly a year did not refute it, told
Los multimillonarios que lideraron las mayores ofertas inmobiliarias en Estados Unidos
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Clockwise from top left: Scott Durkin, president and COO of Douglas Elliman; Bess Freedman, CEO of Brown Harris Stevens; Adam Mahfouda, founder and CEO of Oxford Property Group; Rory Golod, Tri-State president of Compass; Pam Liebman, CEO of the Corcoran Group; David Walker, CEO of Triplemint
It’s a long-held tenet of the business that agents switch firms when times are bad and few years in recent memory have been worse than 2020.
“When the market is super strong… agents don’t really move,” said Scott Durkin, president and chief operating officer of Douglas Elliman. “That’s a natural evolution of the business.”
Jeff Bezos, Jeffrey Katzenberg and David Geffen led 2020 s Biggest Real-Estate Deals
12/28/2020 | 03:21pm EDT
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By Katherine Clarke Many U.S. billionaires got richer during the pandemic, thanks in part to the recovery of global stock markets. It s perhaps unsurprising then that, while individual markets were impacted to dramatically different degrees, the ultra-high end of the real-estate market didn t crash in 2020 as a result of the Covid-19 crisis. While the New York City market took a gut punch as wealthy Manhattanites fled the city, markets such as the Hamptons, Greenwich, Conn., Palm Beach and Los Angeles boomed. Local realtors attributed that uptick in part to the increasing fortunes of the wealthiest Americans, a desire by the rich to get out of densely populated environments and a rise in the number of people who wanted to upsize to larger homes with space for work-from-home friendly amenities like offices and gyms.
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