Now entering its final year, the Bloomberg Administration has encouraged the tech-ification of New York City. But in the November issue of The Real Deal, reporter Adam Pincus asks, is the Tech Boom Being Overblown? That largely depends on how it’s defined, and the real estate industry is having a tough time settling on a definition.
In Digerati deals, we look at some of the biggest tech transactions of the last two years – it’s not just Google – and lastly, in Where the techies reboot, Christopher Cameron scopes out the abodes of the tech industry’s titans.
In our cover story, Anything but roulette, Adam Piore looks at how Russian buyers wheel and deal for New York City real estate. (Why did one Russian buyer hand top broker Elizabeth Sample a $2.5 million check?)
Also in the issue: a side-by-side comparison of the new condominium projects on the Upper East Side, a profile of the embattled real estate advisor Rabbi Yoshiyahu Yosef Pinto, and a rundown of the most active NIMBY groups in the city.
Finally, in our closing interview with Maurice Mann, the landlord dishes on his lingering disappointment over the troubled Apthorp conversion project.
To see the complete issue, click here or on the “Magazine” tab at the top of the website. — Leigh Kamping-Carder