Manhattan real estate seems to be on the verge of a bottom, if not already there. Sure, you can point to economic data, jobs reports, the S&P rally, inflation expectations, and disappearing landlord concessions. These are all valid supporting points. The real giveaway is the return of gratuitous broker gatherings, signaling a return of another gilded age. Today, we received an invitation to New York City’s first annual “Broker Poker Tourney!”
For an event with only 48 players, I’m surprised we made it to the guest list! Either they’ve heard a thing or two about the founders of RentHop, or we have done very will in our undercover infiltration of the apartment rental market. We’re looking forward to attending the city’s first broker poker tourney, and hope to see some of you there!
As mentioned above, proceeds from the event go to help REBNY members in need of funding during this tumultuous market. Over the course of one evening, New York City’s real estate market will unveil the city’s Broker Poker Champion. As we’ve brushed up on our poker-playing skills, we’re hoping to settle our way into the high stakes seats and see if we want walk away with a win under our belts.
