Who owns New York City? In the real estate industry, it’s a question that has far more than existential value. This month, The Real Deal looked at the city’s top 10 real estate families – household names such as Speyer, Rudin and Durst – and broke them down by how much property they own and how much money they make off them, in our September cover story “NYC’s real estate dynasties”, now available online.
Real estate as an industry is notoriously slow to innovate, but there are some startups that are looking to change the way business is done, using a combination of technology and chutzpah to disrupt activities such as leasing, new development marketing and even how money is raised and spent on new projects. We profile some of these hot upstarts in “The industry’s hot new entrepreneurs.”
We also take a close look at six City Council races in which real estate is of paramount importance, and check in on how industry dollars are swaying these races.
There’s tons more in this bumper issue, including a look at how Manhattan developers have made major investments in Queens, a look at the largest national projects built since the credit crunch, and a profile of the suave British brothers behind London’s ultra-luxury One Hyde Park, Nick and Christian Candy.
Finally, in our Closing interview, we sit down with billionaire real estate investor Jeff Greene to chat about his parties, his projects, and his brief stint as a circus-ticket seller.
To see the complete issue, click here or on the “Magazine” tab at the top of the website. Happy reading! – Hiten Samtani