The Real Deal New York

Small firms, big money

From the July issue: When The Real Deal sat down last month with Horacio LeDon, the Manhattan real estate broker had just returned from the Cannes International Film Festival, where he attended a party on rapper Diddy’s $33 million yacht.

Cannes is “the second-most-important film event in the world” after the Oscars, said LeDon, a former Starwood Capital executive who founded his eponymous residential real estate brokerage in January. “And yet everyone was more interested in New York City real estate.” [more]