FW: Inman PM: Big Manhattan broker closing its doors

 

 

Mark Daniel Adamczyk / Realtor
Office: 407-909-9331
Cell: 407-949-1916
Mark@ItsYourSale.com

 

http://www.ItsYourSale.com

 

From: Inman News Headlines [mailto:dailynews@inman.com]
Sent: Wednesday, June 03, 2009 4:02 PM
To: mark@itsyoursale.com
Subject: Inman PM: Big Manhattan broker closing its doors

 

Are you using accurate, comprehensive data in your decision making? LPS Applied Analytics delivers the breadth and depth of real estate and loan-level data you need – when, where and how you need it. TODAY'S TOP STORIES = Premium Member News - Join Now » Wednesday, June 03, 2009 Big Manhattan broker closing its doors Manhattan brokerage Coldwell Banker Hunt Kennedy has closed its doors, with about 90 percent of its 200 agents moving to Corcoran Group Inc. and Sotheby's International Realty Inc., company co-founder and Chief Executive Officer David Michonski said. Michonski said the brokerage -- which has roots in Manhattan going back more than 20 years -- was a casualty of the financial industry meltdown. Coldwell Banker Hunt Kennedy saw the $22 million in revenue generated in 2007 decline by 35 percent last year, and another 50 percent this year, he said. More » Appraising the new appraisal problem Letters From the Home Front Take networking to the next level Webinar to focus on Facebook, Twitter and more Demand for purchase loans grows Applications for refis off as interest rates rebound Builder saved by bell in defects suit Law of the Land OTHER TOP STORIES GMAC Real Estate to get new name, CEO Company-owned offices being sold to franchisees No time to tweet? Tweetlater Perspective: Real estate tech revealed Roost.com announces redesign Site synchronizes map, photo, listing view California targets foreclosure scams State requiring $100,000 bond by July 1 Cyberhomes looks to the future for salvation From Future of Real Estate Marketing Latest News »	Inman News Webinar: Agent Toolbox 2.0: Next-Level Networking. Join Us  » LETTERS TO THE EDITOR Loan mods a lost cause Agents who charge 'extra' fees Restore 'economic sense' to real estate More Opinion »
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