The start-up generation

The 40-and-under entrepreneurs who are bringing new strategies to residential real estate and shaking up the brokerage industry in the process

Blu Realty founders, from left: David Tobon, Moshe Balalo, Alon Chadad, Michael Arcos and Andy Kim
Blu Realty founders, from left: David Tobon, Moshe Balalo, Alon Chadad, Michael Arcos and Andy Kim

From the December issue: The entrepreneur has had something of a moment lately, with both Presidential campaigns heaping praise on small businesses in addition to self-employment looking increasingly attractive after the corporate bankruptcies and mass layoffs spurred by the economic crisis. But before you think Silicon Valley has cornered the market on entrepreneurial whiz kids, take a look closer to home: New York City real estate has seen a bevy of new residential firms in recent years. [more]

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