setting up Real Estate Brokerage (PM Office)

[Michael Sherwood]

As the folks in NY know in order to be a Property Manager in New York you need to have your real estate license (which we have) but now we are looking to take the next step of opening our brokerage.  What are the cost and ramifications of setting this up? Obviously since we have never done this I would love to talk to others about their experience in this good or bad! Go!