Clash of the titans: Liebman and Lorber take off the gloves at TRD forum

The heads of Manhattan’s two largest residential brokerages have very different ideas when it comes to deploying cash. While Douglas Elliman plasters its logo on seats at Madison Square Garden and shells out on costs related to its expansion into markets like Los Angeles and Aspen, the Corcoran Group, backed by public company Realogy, has taken a more conservative approach to investment. That’s also true of its new development business, where it prefers to assign […]

Source: Real Estate

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