NYC developers implement price protection programs 11/12/08 Hoping to head off buyers' uncertainty about purchasing apartments in the midst of a down market, New York developers have begun offering price protection programs that give buy...
Ominous signs for new condos 11/11/08 From the November issue: In recent months, buyers' struggles to
finance new homes have dominated the headlines, but a far more ominous
problem has now reared its head among pr...
Fine & Klein store site of new hotel 11/10/08 The site of Fine & Klein Handbags, one of the longtime anchors of
the iconic Orchard Street shopping district, and backdrop of an alleged
murder attempt in the 1990s, is s...
Wall Street bonus outlook could be worse 11/06/08 A report predicting that Wall Street bonuses are expected to fall dramatically this year was no surprise to real estate professionals, who have been bracing for a corresponding ...
Assessments may go up while sales prices come down 11/05/08 The mayor announced today that he plans to push for a property tax
increase of 7 percent. Adding insult to injury, many New Yorkers may be
in for an even nastier surprise come...
The downward plunge 11/05/08 From the November issue: October 2008 is one for the history books. Not just because Barack Obama battled John McCain for the Oval Office as the first black Democratic president...
Ominous signs for new condos 11/03/08 Despite buyers' desire to purchase, banks are increasingly unwilling to write mortgages for some new buildings, especially those that have sold only a small percentage of their ...
The downward plunge 11/03/08 This month, in a series of stories, The Real Deal examines the next chapter in New York City real estate. Wall Street's wild volatility last month froze the city's residential m...
Brokers focus on West Wing 11/03/08 The New York City real estate industry is generally assumed to focus
more on the West Village than on the West Wing. Yet in recent weeks,
real estate brokers here could have p...
With popular program's end, no more help from sellers 11/03/08 A rapidly growing program was helping to boost sagging real estate sales in the outer boroughs before it was banned last month, brokers said.
Seller-financed down-payment ass...
All cash deals: Green is the new black 11/03/08 In real estate, the saying goes, cash is king. But in New York City, that became truer than ever last month as the Dow Jones started freefalling.
As investors watched in hor...
Could the early 1990s return? 11/03/08 Go to chartThe turmoil on Wall Street bears an eerie resemblance to 1987's October stock market crash: a period of unprecedented prosperity and expansion suddenly halted by plum...
Residential market halts in its tracks 11/03/08 Wall Street's recent wild volatility has caused the New York City
real estate market to freeze in its tracks, with sales volume
screeching to a halt and deals falling apart as...
Publisher's note 11/03/08 Recently, I read that in crisis, there is opportunity. While the person who said that may not have a mortgage to pay or a construction loan to collect, I can certainly appreciat...
Web hits: The month in review 11/03/08 Massey Knakal shrinks agent pool by 25 percent
In the midst of the financial crisis, commercial real estate firm Massey Knakal Realty Services has reduced its number of agents ...
Hamptons sees another round of price drops 10/31/08 Home prices on Long Island's East End have continued their stomach-churning descent from last year's record highs, according to a third-quarter market report released today by P...
Halstead takes five of six REBNY prizes 10/30/08 Halstead Property swept the Real Estate Board of New York's
annual Residential Deal of the Year Awards yesterday, taking home
five of the six prizes. Industry veteran Dan Dani...
Georgica targeting parents and doctors with medical panel 10/24/08 The Upper East Side's new Georgica condominium is pulling out all the stops to attract families and doctors. Tomorrow evening, the building will give parents a chance to meet th...
Queens outlook not so sunny, report shows 10/22/08 Home prices in Queens have tumbled more dramatically than those in other boroughs, according to a third-quarter market report released today by Prudential Douglas Elliman. Media...
Century 21 CEO succeeded by former boss 10/20/08 Century 21 NY Metro President and CEO Michael Simon has left the
company and been replaced by his former boss and company COO Marc Lewis. Century 21's board of directors accept...
