Buyers back to 'rational' behavior 10/29/09 A year after the financial crisis, Manhattan real estate brokers report that the market is finally returning to normal. But they don’t mean the lightning-fast sales and skyrocke...
Cutting brokers out 10/29/09 Real estate brokers are often stereotyped as shysters and
double-dealers. But in today's rocky market, buyers are sometimes the
ones being deceptive.
Edward Longley, an assoc...
Shh!! The art of selling quietly 10/28/09 In the fall of 2008, real estate broker Michael Garr was approached by a former client who had bought a large apartment in a tony building the previous spring. The client, who w...
Buyers’ brokers in demand 10/28/09 In Manhattan, buyers’ brokers are a secretive bunch. When there’s a high-profile sale, the listing agent’s name is splashed across the headlines: Brown Harris Stevens’ Richard W...
Web hits: The month in review 10/28/09 Developer Youngwoo aims for $2,000 psf at 70 Pine
The developer of 70 Pine Street in the Financial District predicts it will be able to sell residential condominium units in th...
New residential rental report shows weak market fundamentals 10/27/09 New hires with delayed start-dates are helping to temporarily support the rental market, but likely won't be enough to prevent further price declines this winter, according to D...
Dry powder piles up 10/26/09 From the October issue: New York City is at a peculiar crossroads. For months, investors have
marshaled unprecedented amounts of capital, salivating at the prospect
of snappin...
Trophy listings at lower prices 10/22/09 From the October issue: The ranks of Manhattan's super-high-end listings may have shrunk over
the past year, but the city still boasts a number of properties with
sales prices...
Market picks up on East End, report shows 10/21/09 Source: Prudential Douglas EllimanThe residential real estate market on Long Island's East End is looking
better, although the end of the slump is still not in sight. There wer...
Nest Seekers capitalizes on low rents with expansion 10/20/09 Nest Seekers CEO Eddie Shapiro and 415 Madison Avenue (Building photo source: PropertyShark)Using the downturn as an opportunity for expansion, Nest Seekers International has op...
Buyers begin to boomerang 10/16/09 From the October issue: When the buyer of a new development condo on the Upper West Side broke
his sales contract last spring, he didn't regret forfeiting the
$250,000 deposit...
The Closing: Steven Spinola 10/15/09 From the October issue: Since 1986, Steven Spinola has been the president of the Real Estate Board of New York, a 12,000-member trade association that represents the industry be...
Brooklyn and Queens see sales spurt 10/14/09 From left: the L Haus in Long Island City, the Toren in Downtown BrooklynA spurt in sales activity over the summer strengthened the Brooklyn and Queens housing markets, though p...
Linden 78 sees marketing firm shakeup 10/12/09 Linden 78
The Marketing Directors has replaced Corcoran Sunshine Marketing Group as the exclusive marketing and sales agent at Upper West Side condominium Linden 78 -- the la...
General contractor faces $25,000 fine for crane accident 10/08/09 The general contractor, crane owner and operator at Columbus Square face fines of up to $25,000 after a piece of a crane crushed a sidewalk covering this afternoon. There were n...
Crane partially collapses at Columbus Square 10/08/09 Crane strikes scaffolding at 775 Columbus AvenueA crane this afternoon struck a piece of scaffolding at 775 Columbus Avenue, a rental building under construction as part of the ...
Rental activity down 60 percent, report shows 10/07/09 Jonathan Miller of Miller Samuel and Gary Malin of Citi HabitatsThe rental market in the third quarter saw a steep drop-off in activity
from the same period last year, accordin...
