Corcoran founder quits: plans new TV career.The Corcoran Group announced that it has accepted the resignation of Barbara Corcoran as chairman, effective Nov. 15, 2005. Pamela Liebman, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of The Corcoran Group since 2000, will continue to lead the Manhattan-based residential real estate brokerage firm. Ms. Corcoran is opening Barbara Corcoran Productions, which will produce TV content for network television. "As someone who knows timing is almost everything, I know this is the time to devote myself fully to my next chapter," said Corcoran. "Together we've worked hard at The Corcoran Group to create the most successful residential real estate company in America. I'm bursting with pride over our success." Liebman, who was personally hired as a broker by Barbara Corcoran 20 years ago, added, "Barbara Corcoran's rise to the top of the New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. residential real estate industry is legendary and The Corcoran Group is a testament to her forward-thinking leadership. Barbara pioneered so much that is taken for granted Adj. 1. taken for granted - evident without proof or argument; "an axiomatic truth"; "we hold these truths to be self-evident" axiomatic, self-evident obvious - easily perceived by the senses or grasped by the mind; "obvious errors" today: co-brokering, market reports, press visibility and keeping a human face on real estate." "The Corcoran Group will continue to carry on Barbara's tradition of inspiring creativity and success." Corcoran founded The Corcoran Group in 1978 with a $1,000 loan, and today it is New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of City's leading residential real estate brokerage company with more than $9 billion in closed sales volume in 2004. She became its chairman upon the sale of The Corcoran Group to NRT Incorporated NRT Incorporated is the nation's largest residential real estate brokerage company. It is a subsidiary of Realogy Corporation. NRT's commercial operations rank as the twelfth largest corporate-owned commercial real estate brokerage in the country. in 2001. "Barbara Corcoran has made an indelible mark on residential real estate in New York City," said Bruce Zipf, president and CEO of NRT Incorporated, the parent company of The Corcoran Group. "We thank Barbara for her remarkable contributions to NRT NRT Nicotine Replacement Therapy NRT Norm-Referenced Test NRT near real time NRT Non-Real-Time NRT National Response Team NRT Tokyo, Japan - Narita (Airport Code) NRT Net Registered Tonnage during the past four years, and we wish her all the best. Her legacy will be carried forward by the strong management team she put in place, led by Pamela Liebman." |
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