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Barbara Corcoran

Sells Corcoran Group

25 Sep, 2001

Corcoran sells the firm, now¬†Manhattan’s second-largest independent residential real estate company, for a price reported at close to $70 million.

Not being national was shortsighted. The local business has changed. And we couldn’t grow as aggressively as we wanted without help.

She plans to stay at the company and remain chairwoman:

I can’t imagine doing anything else