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Presumptuous

I am thrilled that the Democratic and Republican Presidential conventions will be over within the next two weeks. This campaign has seemed endless. Since the primaries ended, we have been suffering the “presumptive nominee” phase of the campaigns. For months, we’ve been presuming that Obama and McCain will get the nod at the conventions. Thankfully, it’ll be official soon, and we can start to sift through the rhetoric and zero in on the candidates’ respective positions and proposals for economic policy. We have a mess on our hands, and whoever wins, I hope we have the kind of leadership that it will take to effectively steer the US economy (and credit markets) back to a sound footing. So, how will the election affect real estate jobs? Well, the tax policy that emerges from this election has the potential to produce a shockwave rivaling the impact of the 1987 Tax Reform Act and set the stage for a sea change that will likely (and materially) impact employment trends in ways both good and bad.

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CUSHMAN & WAKEFIELDSenior Property Manager: Cushman & Wakefield(NEW YORK CITY) The position is responsible for managing several commercial properties in a manner that is consistent with the overall strategic plan for each property.

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