Interesting question?

With the four largest Hamptons real estate firms now having even larger presence in Manhattan, it makes you wonder what will become of them during this meltdown…Corcoran recently closed their Hampton Bays office…Brown Harris is inexplicably reportedly about to double the size of their Bridgehampton office…Sotheby’s company owned operations recently opened a “faux” office in Sag Harbor to keep Daniel Gale Sotheby’s from opening there and establishing a presence on the South Fork…Prudential is recruiting like crazy…

With sales down more than 50% in 2008 vs 2007 and the number of sales down nearly 75% from the height of 2004, who among the top-heavy firms in New York real estate are on the brink?

What do you think???

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