Last week was a good reminder that real estate affects people as much, if not more, than property.
When it was learned that prominent New York City and Long Island realtor Adina Azarian had died in a plane crash, the industry was blinded by tragic news.
Azarian, 49, sells luxury homes on the South Fork from the Hampton Bays to Montauk and handles leasing and sales in New York City, most recently as Keller Williams Points North Assistant Realtor. She lives in East Hampton with her young daughter, who flies in a private Cessna Citation with her nanny and pilot.
There are no survivors.
There was also bad news out of Texas, where prominent Austin developer Nate Paul, a leading figure in the impeachment campaign against state Attorney General Ken Paxton, was imprisoned by the FBI. Dallas Morning News.
The founder and CEO of World Class Holdings was sent to the Travis County Jail on “unconfirmed” felony charges, the newspaper reported.
Dan Cogdell, one of Paxton’s attorneys, said the move could have political overtones.
“You don’t have to be Nostradamus to assume they’re going to try to get Nate Paul to testify against Ken [Paxton]. I don’t know that’s true.But I’d be very surprised if that wasn’t the case,” Cogdel told the outlet. “Because otherwise, you know, logically [the FBI] They will be arrested at the same time. “
If there’s one guy who can set off a buying frenzy in South Florida, it’s one of the most famous athletes in the world. Lionel Messi eschewed Saudi wealth to play football at Miami International Airport, exciting just about everyone in the area, including realtors.
“It makes International Miami the go-to location,” said Cyril Bijaoui of the Corcoran Group. “It also makes that part of the world more excited about having a presence in Miami,” he added. Refers to Latin Americans. “He is equivalent to a god.”
So even as industry experts weigh the current state of commercial real estate, struggling inventory and the possibility of a recession, one thing remains constant when it comes to real estate: people, stupid.