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Doug Harmon Doug Harmon, chairman of capital markets, Cushman & Wakefield

NEW YORK CITY—“One out of every three people who live in Manhattan is a millennial,” Doug Harmon told journalists at a recent press briefing. He highlighted that statistic as a unique indicator which bodes well for real estate. Baby boomers are also selling their homes and moving back into the city. “Everybody still wants to live in New York,” said the chairman, capital markets at Cushman & Wakefield. “Manhattan has recovered from so many different, unique crises, problems and storms.”

Betsy Kim

Betsy Kim is the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.

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