The Real Deal New York

The December issue is live!

What's ahead in 2015, Spitzer after Spitzer, biggest retail buyers and more

December 01, 2014 02:40PM

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If 2014 was the year of record-shattering co-op sales, stratospheric asking prices and Brooklyn’s continued rise to real estate prominence, what will 2015 bring? We posed that question to several top industry players in our cover story for the December issue, now available online. (Cheat sheet: Double the number of new condos hitting the market)

Google Eliot Spitzer and the first few pages of results are unlikely to be about real estate. But with the death last month of his father, real estate mogul Bernard Spitzer, the younger Spitzer is officially taking the helm at the family-run Spitzer Engineering and trying his hand at large development projects. We take a look at what he’s up to.

Just in time for holiday season – and on the heels of the news that Upper Fifth Avenue is now the most expensive retail destination on the globe — we’ve got a ranking of Manhattan’s biggest retail moguls, from the Chera family’s Crown Acquisitions to Jeff Sutton’s Wharton Properties.

We also look at the practice of broker poaching, go into the trenches to see the battle between listing sites, crunch the numbers on Hudson Yards, and much more.

Finally, Stroock & Stroock & Lavan’s Leonard Boxer takes the hot seat in our Closing interview. Boxer, one of the city’s elite real estate attorneys whose clients include the LeFrak Organization and Donald Trump, chats about working as a code-breaker for the army and helping Larry Silverstein acquire the World Trade Center.

To dive into the December issue, click here or on the magazine tab at the top of the website. Sending good reading vibes your way. – Hiten Samtani

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