Saturday, August 20, 2005

Top Real Estate Bull Resigns

Barbara Corcoran has been one of the biggest housing bulls out there.

[The Corcoran Group announced today that founder Barbara Corcoran will step down as chairman of the company in November to start her own TV production firm.

Corcoran, who started the firm in 1978 and grew it into Manhattan's biggest residential brokerage, is leaving to start Barbara Corcoran Productions, which will produce TV content for network television.

Pamela Liebman, president and CEO of Corcoran since 2000, will continue to lead the brokerage.

"As someone who knows timing is almost everything, I know this is the time to devote myself fully to my next chapter," said Corcoran. "Together we've worked hard at The Corcoran Group to create the most successful residential real estate company in America. I'm bursting with pride over our success."]

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