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Realogy’s IPO
What will going public mean for the company's local brokerages?
From the August issue: Realogy — the largest residential brokerage franchisor in the world and the owner of Manhattan-based firms Corcoran Group and Citi Habitats — filed documents in June announcing that it planned to raise as much as $1 billion through an initial public offering. Now, as the IPO looms, many in the industry are wondering what the stock sale will mean for the company’s New York City brands. [more]