In 1962, Norman Friedman and Seymour Leibler, two elementary school teachers from the Bronx, began a second career in real estate. In the mornings, they taught in neighboring classrooms, and in the afternoons they ran their burgeoning real estate business out of a storefront office. The business, which initially focused on residential real estate in New York City, quickly expanded, and Friedman and Liebler soon turned to real estate full-time.
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