The Real Deal New York

Editor’s note: All the fake news that’s fit to print

April 01, 2014 06:05PM
By Stuart Elliott

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Stuart Elliott

Stuart Elliott

From the April issue: In honor of April Fools’ Day, I’d like to share some of the fake news headlines (à la “The Colbert Report”) inspired by the past year of covering the always-over-the-top world of New York City real estate.

Those events include some insanely priced sales amid a record low number of available apartments (for more on that, see “Residential prices shoot through roof”), characterized by foreign buyers with big checkbooks and sometimes questionable taste. [more]