The Real Deal Quotes Adam Leitman Bailey on “Insider Trading” in Real Estate
“Insider trading is illegal in the stock market but in real estate it is not only legal, [it’s] celebrated with champagne.’ – Attorney Adam Leitman Bailey on buying and selling property based on nonpublic information – an issue that popped up following reports of Amazon employees snapping up condos in LIC before the company’s “HQ2” locations were disclosed.”