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After Amazon workers snagged LIC condos, a senator wants to prevent insider deals
By Adam Leitman Bailey
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.”
