"Of Course, There's No Bubble"
The story of Barbara Corcoran is the stuff of entrepreneurial lore. Three decades ago, she quit her waitress job, borrowed $1,000 from her boyfriend, and started a real estate shop that eventually blossomed into one of New York City's largest residential brokerages generating more than $4 billion in gross sales annually. In 2001, Corcoran sold it to national giant NRT. It was worth an estimated $4 billion when Corcoran sold it to national giant NRT in 2001. But she retained the post of chairman and remains the public face -- literally, on billboards -- for a housing empire that now stretches from the canyons of Manhattan to the shores of Palm Beach, Fla.
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