Elizabeth Stribling in her Brooklyn Heights apartment

From the May issue: On a Thursday morning, Elizabeth Stribling is leafing through an array of photos spread out on her kitchen counter. The pictures show Stribling, founder of the eponymous high-end residential brokerage, posing in a white Valentino cocktail dress at New York’s French Consulate on Fifth Avenue. At an event the night before, the self-described Francophile had been honored for her work as chairman of the French Heritage Society. [more]

From left: Donald Trump, president of the Trump Organization, Dottie Herman, president of Prudential Douglas Elliman, Elizabeth Stribling, president of Stribling & Associates, Stuart Saft, chairman of Dewey & LeBoeuf’s global real estate department, and Frederick Peters, president of Warburg Realty Partnership, and Lois Weiss, real estate columnist for the New York Post

Compiled by Lauren Elkies

In the wake of Sandy Weill’s reported $88 million sale of his 15 Central Park West penthouse, The Real Deal wanted to touch base and see if real estate executives had any last minute predictions for the New Year since speaking with the magazine for the December residential market report.

Dottie Herman, president of Prudential Douglas Elliman, and Frederick Peters, president of Warburg Realty Partnership, said to expect 2012 to be a bit of a repeat of 2011, while developer Donald Trump said “really good real estate will have excess value.” Elizabeth Stribling, president of Stribling & Associates, predicts a “continuing strong demand for new condominium offerings all over town,” while Stuart Saft, chairman of Dewey & LeBoeuf’s global real estate department, said “the euro will continue to be in trouble causing a flight to safety to the U.S. and particularly New York City, so New York City properties will trade at even lower cap rates.” Meanwhile, Citi Habitats President Gary Malin and Halstead Property Development Marketing President Stephen Kliegerman recently told amNY that 2012 would bring more development and fewer amenities to New York City’s real estate market. [more]

From the November issue: That New York City draws property hunters from around the world is no surprise.

In fact, 15 percent of buyers in the city today are international, according to Elizabeth Stribling, president of Stribling & Associates.

But just how big a force are foreign nationals in the highest reaches of the residential market? To find out, The Real Deal combed through the priciest deals of this year so far, relying on data provided by listings aggregator StreetEasy, to find out which of the biggest transactions involved international buyers and sellers. Of the top 20 deals, six had one or more parties from outside the U.S., according to property records, press reports and interviews. [more]

As part of Fashion Week, the Trump Soho Hotel Condominium hosted an
exclusive Fashion Week trunk show in a penthouse unit featuring LUCA LUCA’s spring 2012
collection honoring the top women in real estate. “Trump Soho is
downtown’s most fashionable address and we thought this was great way
to treat these fabulous real estate women to both a day of shopping
and an inside view of the fantastic penthouses,” said John Gomes,
executive vice president at Prudential Douglas Elliman, which is co-exclusively marketing the units with Prodigy Network for hotel-condo sales at the
property. – Miranda Neubauer [more]

By Yaffi Spodek, Candace Taylor and Amy Tennery

After a mid-winter lull, The Real Deal is back in the swing of things, hitting up the week’s most exciting real estate events. We quizzed the experts at the Young Jewish Professional’s networking event, including Ilan Bracha, the New York Keller Williams franchise honcho who recently defected from Prudential Douglas Elliman, Crown Acquisitions CEO Stanley Chera, and Charles Bendit, the Taconic Investment Partners CEO, whose company recently sealed a $1.8 billion deal with Google. Also, we mingled at Soho rental building 55 Thompson’s cocktail mixer and caught up with Elizabeth Stribling, founder of Stribling & Associates, at the Brooklyn Roundtable, where she gave us the scoop on her move out of Manhattan. Click here to see more. [more]

Property prices are now substantially higher in the global cities of
Hong Kong and Moscow, and lower in New York, according to a survey
conducted by Savills Plc, an international property firm which is an
affiliate of New York-based residential brokerage Stribling &
Associates. The study compared the residential markets within four of
the world’s cities sought out by the wealthiest households — London, Moscow, Hong Kong and New York
– and revealed New York to be the most affordable. Using London as a
means of comparison, the total cost of a group of residential properties
of equivalent households is 8 percent higher in Moscow, 56 percent
higher in Hong Kong and 18 percent lower in New York. TRD [more]

“Living Landmarks” Larry Silverstein, Jonathan Tisch and others chat it up at Plaza gala

Peg Breen, president of Landmarks Conservancy, and Jonathan Tisch, chairman and CEO of Loews Hotels

The Real Deal was on hand last night to mingle with the city’s biggest movers and shakers at the New York Landmarks Conservancy’s annual Living Landmarks Celebration at the Plaza Hotel (see slide show above). This year’s honorees were toasted by titans of industry, philanthropists, art mavens and celebrity figures alike. [more]

Elizabeth Stribling

Residential brokerage Stribling & Associates has joined forces with London-based real estate services company Savills, forming a professional association, according to Stribling representatives. The association is meant to help Stribling’s “client’s homes reach the widest possible market,” according to founder Elizabeth Stribling, while giving Savils an entree into the U.S. market. Attorneys Jay Neveloff and Steve Senir of Levin Naftalis & Frankel represented Stribling in the formation of the association. As The Real Deal previously reported, Stribling has also recently expanded its grasp to Italy, taking on listings in Tuscany and beyond. TRD

[more]

Elizabeth Stribling

Residential brokerage Stribling & Associates has joined forces with London-based real estate services company Savills, forming a professional association, according to Stribling representatives. The association is meant to help Stribling’s “client’s homes reach the widest possible market,” according to founder Elizabeth Stribling, while giving Savils an entree into the U.S. market. Attorneys Jay Neveloff and Steve Senir of Levin Naftalis & Frankel represented Stribling in the formation of the association. As The Real Deal previously reported, Stribling has also recently expanded its grasp to Italy, taking on listings in Tuscany and beyond. TRD

[more]

From left: James Dimon, whose firm JPMorgan Chase owes $300,000; Crowne Plaza JFK, which owes $944,491; the Holiday Inn JFK, which owes $852,239; Gordon DuGan, whose firm W. P. Carey & Co. owes $464,000 (Dimon photo source: Public Intelligence)

Tax debtors beware: New York State is calling you out.

Last Friday, the New York State Department of Taxation and Finance went live on its Web site with lists of the top 250 individual and corporate tax debtors in the state.

The individual debtors range from Onandaga County resident Bradley Cooke, who owes $381,509, to Irving Bilzinsky, the former Scores strip clubs owner from Brooklyn who topped out the list with more than $15 million outstanding taxes from between 2007 and 2009. Among businesses, Gui Hong Chen, of Queens, took the top spot with more than $19 million in unpaid corporate taxes.

This week, The Real Deal combed through the newly-public documents to find the worst offenders in New York City real estate.

They include luxury broker Agnes Nolan and her late husband, who owe more than $850,000 in personal income taxes, a subsidiary of real estate investment firm W.P. Carey, which has a warrant out for roughly $464,000, and JPMorgan Chase Bank, which owes upwards of $300,000 (see the full list after the jump).

Perhaps the highest-profile individuals listed were Ponzi-schemer Bernard Madoff (No. 69, with $984,281 in sales taxes) and celebrity fashion photographer Annie Leibovitz (No. 83, with $503,740 in personal income taxes outstanding). Earlier this week, Leibovitz narrowly avoided emergency sales of her four New York homes — three Greenwich Village brownstones and part of the Astor family’s estate in Rhinebeck, N.Y. — when a Los Angeles private equity firm specializing in distressed real estate agreed to take on her millions of dollars in debt. [more]