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New York Real Estate Industry Cancels Holiday Parties

(iStock) Fried Frank’s annual holiday bash typically draws about 1,000 clients and friends to Cipriani, where they stand elbow to elbow sipping cocktails and snacking on hors d’oeuvres. But this year may be one for the Grinch. Planning for the firm’s annual holiday bash typically starts a year in advance. But last month, the white-shoe law firm officially pulled the plug on its celebration, seen by many as the industry’s unofficial start to the holiday season. “As much as I like having fun and going to the parties and seeing everybody, I think this is the year of no parties.”

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