June 15, 2009 11:57AM
The Real Deal’s Deputy Editor Jill Gardiner appeared on Fox Business Friday to discuss the unfinished towers dotting New York City, a topic covered by reporter Sarah Ryley in the June issue of The Real Deal. Gardiner discussed the two problems driving the ghost tower phenomenon: lack of final construction financing and the disappearance of buyers for new condos. It’s also difficult for buyers to get mortgages, Gardiner said, in under construction buildings.
Comments are closed.
Dissecting NYC’s luxury market
Doubling down on the ‘prince of darkness'
Manhattan’s last lots
Ian Schrager’s NYC return
2014’s residential records — so far
NoMad’s retail surge
The Closing with Steven Pozycki
All rights reserved © 2014 The Real Deal is a registered Trademark of Korangy Publishing Inc. – The Real Deal, Inc.,