Editor’s note: A new era for real estate

Stuart Elliott
Stuart Elliott

From the January issue: This month marks the end of the first year of a new era in New York City real estate, mirroring a new period for the whole city.

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It’s the first anniversary of the administration of Mayor de Blasio, who sparked fear in the industry during his campaign when he said “towering, glitzy buildings marketed to the global elite is not the type of development New Yorkers are looking for.” [more]