Former Corcoran executives start new brokerage

Amid the recession, David Fite, former CFO with the Corcoran Group in
New York, and Wade Shavell, a former Florida Corcoran executive, have
opened a new brokerage, Fite Shavell & Associates in Palm Beach.
Shavell and Fite are hoping to attract international clients who are
still interested in Palm Beach property. The company has 40 agents and
expects another 15 to join the firm, which will hold its grand opening
Wednesday, soon.

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