Top townhouse broker speaks

May 01, 2008 07:52PM

Chalk up another monster sale for Del Nunzio, the top-grossing townhouse broker in the city. The petite, Vassar-educated former ad exec with the clipped English and prim manner knows a thing or two about marketing homes to New York's mega-rich. More

Cap rates tipping up

April 28, 2008 04:53PM

The credit crunch and economic slowdown are significantly lowering purchase prices for Manhattan office properties, while rents have so far stayed mostly flat. More

Macklowe tower rises under radar

May 01, 2008 08:04PM

As the real estate world waits to see if Harry Macklowe can save his real estate empire, a smaller contingent is anxiously watching to see if he can pull off a minor miracle by completing his speculative office tower at 510 Madison Avenue. More

The Closing: Jeffrey Levine

April 28, 2008 05:45PM

Chairman and principal of three affiliated companies: Levine Builders, Douglaston Development and Clinton Management. Levine has overseen the new construction or rehabilitation of thousands of rental and condo properties. More

Dirt cheapens at building sites

May 01, 2008 08:06PM

Land is often the crux of a great development deal, but in New York City, where developable land is scarce, it often comes with an expensive price tag. Now, some developers say they are seeing signs of change.
More

Financial District boom slows

April 30, 2008 05:19PM

Over the past five years, Lower Manhattan has become one of the city's fastest-growing residential areas. But some observers say that the boom has peaked and that the area might be due for a Wall Street-influenced bear market. More

Stuck under a cloud

April 30, 2008 06:01PM

A grey cloud hovers over the Manhattan real estate market as buyers and sellers wait to see how the market adjusts to last summer's credit crisis, how deep the Wall Street job cuts will actually be and how much the housing market will be affected. More

Manhattan's biggest firms

May 01, 2008 06:15PM

Despite a slight drop in its broker ranks, Prudential Douglas Elliman reigns supreme as Manhattan's biggest residential brokerage. But the Corcoran Group, the second-biggest firm in terms of the number of agents, inched out the archrival this year in exclusive sales listings. More

Staying on top of their game in a slower market

April 30, 2008 03:53PM

This month, for The Real Deal's Q&A, brokers shared their concerns about the changing market and their strategies for dealing with everything from the slowdown in sales activity to the doom-and-gloom media reports. More

Bookstores move to the basements

May 01, 2008 08:09PM

Soaring rents and competition from online retailers such as Amazon.com are pressuring Barnes & Noble (with nine Manhattan stores) and Borders (with five Manhattan stores) to carve out a more affordable real estate model that includes multi-level stores and basement locations. More

William Levitt: The king of suburbia

April 30, 2008 06:57PM

William Levitt's legacy goes beyond any one office or apartment building. The developer's single-handed creation of Levittown, Long Island, right after World War II laid the groundwork for modern-day suburbia and spawned thousands of copycat communities nationwide. More

Rabbi Pinto blesses the deal

April 30, 2008 07:05PM

More

Rabbi Pinto blesses the deal

April 30, 2008 07:05PM

More

Hotels prepare, just inn case

April 29, 2008 02:25PM

New York's red-hot hotel industry is beginning to fear a slowdown. Though most business metrics are positive, rising inventory and fear of a recession are beginning to push many hoteliers to develop plans for a weaker environment. More

New terrain forces brokers to adjust

May 01, 2008 03:08PM

As the national housing slowdown pervades even New York City — a previously unthinkable prospect — brokers are scrambling for tips on how to make the best of the downturn. More

Banks search for defaults

April 28, 2008 04:22PM

Big banks are increasingly cracking down on developers for being out of compliance with the terms of their construction loans. More

Heading back to school

May 01, 2008 08:02PM

This month, The Real Deal has decided to lift the curtain and take a look at the health of real estate education. It turns out that the scope of programs is as varied as the industry. More