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Surviving and Thriving

For companies across the spectrum of real estate services, the rocky terrain hasn't meant breaking their stride

By Paul Bubny | Updated on October 05, 2009

There’s a perception that a cyclical downturn means a slowdown in business, and therefore a pullback in activity, among companies that don’t happen to specialize in distressed real estate. Construction and design firms wait in vain for projects, builders have nothing to build and so on.

However, this isn’t always the case. Some companies that have no dealings in distressed properties hold their own or even thrive amid the downturn—and in some cases, because of it.

Here, Real Estate New York spotlights five locally based companies that remain upbeat in spite of the Great Recession. For some, it means working that much harder to bring in steady business; for others, it’s about successfully establishing a niche. None would say these are the best of times, but all would agree that they’re making the best of them.

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