The Real Deal New York

Posts Tagged ‘editor’s note’

  • Stuart Elliott

    Stuart Elliott

    From the February issue: Loss factor is one of the more maddening concepts in New York City real estate. It’s the measurement that office landlords use to figure out how much tenants pay for the shared space in an office building.

    The only problem is that a building’s loss factor — and therefore its size — is arbitrary and driven by market forces, so it doesn’t reflect that actual size of a building. [more]

  • An ode to ‘Only in New York’

    March 20, 2013 04:30PM

    From the March issue: Only in New York, kids. That was the slightly hokey catchphrase of former New York Post gossip columnist Cindy Adams in chronicling the city’s social scene. But it definitely applies to real estate here — as you’ll see in this month’s issue. The sheer lack of available real estate in New York City and its dramatic cost is no secret. But it’s remarkable how the lack of space in New York is a catalyst for unique “Only in New York” innovation. [more]

  • Editor’s note: A page turner

    February 11, 2013 04:30PM

    TRD’s editor-in-chief Stuart Elliott

    From the February issue: Welcome to the February issue, our biggest of the year. Between the regular monthly edition you are holding in your hands and our annual Data Book, we’ve got nearly 230 pages of New York real estate to gorge yourself on. This year’s Data Book, our eighth edition, pulls together the key market facts and statistics that real estate pros need to stay ahead of the game. It also covers the biggest transactions and the most active players throughout 2012 and provides a bird’s-eye view of what’s going on in the market overall. And, like the print issue beginning last month, it is now available on the iPad for the very first time. [more]

  • The end of the world as we know it

    January 08, 2013 04:30PM

    From the January issue: If you are reading this note, the world has not ended.There is something about the end of the year that lends itself to predictions of the end of the world. “The Late Great Planet Earth,” which, according to Time magazine, was the best-selling nonfiction book of the entire 1970s, predicted that the world would end before Dec. 31, 1988 (nuclear war, communism and violence in the Middle East were the culprits). Then there was Y2K — where at the stroke of midnight on Jan. 1, 2000, the entire global computer network was slated to crash, causing widespread chaos. [more]

  • What you liked in 2012

    December 21, 2012 10:30AM

    From the December issue: A massive hurricane that brought the city to its knees notwithstanding, 2012 was a pretty good year for New York City real estate. The strong market compared to years past is reflected in our annual most-read stories list below. [more]

  • Going to press, as Sandy raged

    November 09, 2012 04:30PM

    From the November issue: I was going to write this month’s editor’s note about two forces — technology companies and international buyers — that brokers are counting on to save the New York City real estate market and which we cover in depth in this issue.

    But after all our stories were wrapped up and we prepared to go to press, it wasn’t the city’s real estate market that needed saving, it was the city itself.

    The impact of Hurricane Sandy will be long-lasting and will involve real estate at every turn, from rebuilding ravaged areas like Hoboken, Fire Island and Breezy Point, to fixing Manhattan, to the broader question of how New York City’s entire infrastructure should be rethought and revamped. [more]

  • Power beyond money

    October 11, 2012 10:15AM

    From the October issue:

    Money is power. Businesspeople, including those in New York real estate, are typically motivated by money. And while money does impact the outcome of political races, generally speaking, politicians seek a different sort of power. They seek the adoration of the crowd and the ability to make the decisions that affect all of us. While many of them, like Mitt Romney or Michael Bloomberg, are outrageously wealthy when they enter politics and others end up becoming wealthy as a result of their high political profiles, they are typically less motivated by amassing personal wealth. The proof? Their own real estate. [more]

  • The battle between small-batch and big box

    September 25, 2012 04:00PM

    From the September issue: Forget flea markets that sell “Made in Brooklyn” organic jams and small-batch beer crafted in a bespoke, locally sourced manner by twentysomething men with long beards and women with tattoo sleeves. Instead, Williamsburg — the original home of the hipster — looks to be getting a J.Crew. And a Whole Foods is already on the way. [more]

  • The trials of owning vacation homes

    August 20, 2012 04:30PM

    From the August issue: For the past month, we’ve been focusing on summer vacations. Not ours, mind you, but those of very rich people and the houses they inhabit during those vacations.

    We have cover stories in this issue on the getaway homes of real estate moguls, a package on the top Hamptons residential sales of this year, a look at the biggest brokerages on the East End and a story on Mitt Romney’s real estate holdings (mostly vacation homes). [more]

  • Show me the money

    July 10, 2012 03:30PM

    Stuart Elliott

    From the July issue: Follow the money. The maxim, uttered by the source Deep Throat, is said to have originated in the screenplay for the film “All the President’s Men” about Carl Bernstein and Bob Woodward’s reporting on Watergate for the Washington Post. Last month marked the 40th anniversary of the break-in that reshaped American politics and journalism.

    While it might sound highfalutin, it’s also the guiding principle that helped us win more awards than any other publication in a national contest last month, recognizing the best in real estate journalism. [more]

  • The baffling behavior of the Rings

    June 19, 2012 04:00PM

    Stuart Elliott

    From the June issue: As a business publication, we usually write about people who try to make money. So it’s interesting when you come across members of the real estate community who, from the outset, seem to have a completely different goal in mind.

    I’m talking about the ongoing saga of the notorious Ring brothers, who reporter Adam Pincus writes about in “’Ringing in’ a new era.” The brothers, Frank and Michael, co-own 14 prime office buildings, most of them in Chelsea and Gramercy, that are mysterious relics of a bygone era. As sharks circle, the coveted portfolio sits nearly 90 percent vacant in the middle of the tightest commercial market in the country, and the buildings have fallen into less-than-prime condition. [more]

  • Stuart Elliott

    From the May issue: Business in New York makes strange bedfellows. There are many paths to riches in the Big Apple, as you can see by looking at our cover this month.

    Indeed, not only does New York City have one of the most diverse populations on the planet (just ride the No. 7 subway if you haven’t already figured that out), but there’s also serious variety in the kinds of wealthy people who live here, including real estate players. [more]

  • Stuart Elliott

    From the April issue: The natural order of things is being turned on its head wherever you go these days. While the first day of spring was last month, we don’t need Al Gore to tell us that springlike weather has been upon us for months. Meanwhile, a record pollen count that is wreaking havoc on New Yorkers’ allergies and ant infestations are part of the strange fallout we have to deal with as a result of the weird winter. Biblical swarms of locusts are probably next. [more]

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    Stuart Elliott

    From the March Issue: By now, it seems like most New Yorkers in the business world have read Walter Isaacson’s biography of the late Apple founder Steve Jobs or know someone who is reading it. I just finished it up.

    Jobs was a mercurial genius, and also, frankly, could be an ass. Notorious for thinking the rules didn’t apply to him, he would park in handicap spots at the company’s headquarters. Most ideas presented to him at Apple got a standard reaction from him: “It’s shit.” [more]