What do Richard Nixon, Madonna, Antonio Banderas and Melanie Griffith, a hedge fund superstar, a foreign national family man, and a successful litigator have in common? Answer: they are co-op board rejects.
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hedge fund trader
It’s tough to ignore the economists and real estate pundits who see in the current marketplace signs of ebbing exuberance and cooling ardor. Professional brokers will agree that the frenzy of last spring is gone, and that is a good thing, they add. But are we headed for a freefall? Are we in the midst of a real estate bubble that’s about to burst? No, and no.