According to article from the real deal brokers have toned down their holiday parties dispite a booming new york market.

http://therealdeal.com/newyork/articles/will-residential-holiday-parties-ever-recover-elliman-corcoran-again-skip-galas-of-yesteryear

This quote was taken from the article
"
Similarly, clients of one real estate attorney who spoke with The Real Deal are reporting fewer and smaller holiday gifts from their own clients, where once they used to tell stories of gifts piled to the ceilings of their offices.

Commercial brokerages, coming off a difficult year, also opted for restrained celebrations.

That said, not everyone is reigning it in. For at least the third year in a row, Brown Harris Stevens and its sister brokerage Halstead Property celebrated separately at Guastavino's, a vaulted 15,000-square-foot event space nestled under the 59th Street Bridge at 409 East 59th Street. Agents, staff and management were all invited."

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