Russian developer to list UES house for $20M 10/06/09 Real estate developer Janna Bullock is putting her house at 14 East 82nd Street on the marketNow that she's unloaded 9 East 67th Street, Russian beauty and real estate developer...
Funding freed up for some condos 10/05/09 Rolan Shnayder of Home Owners Mortgage, which has been lending in a number of new condo buildings that are less than half soldFrom the October issue: New condos -- the black she...
Finding a market at last 10/02/09 From the October issue: Zhann Jochinke, an associate broker at Argo Residential, put an alcove
studio on the market last year for $525,000. But the offers that came
in were as...
The Closing: Steven Spinola 09/30/09 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 before numerous legislativ...
Dry powder piles up 09/30/09 New York City is at a peculiar crossroads. For months, investors have
marshaled unprecedented amounts of capital, salivating at the prospect
of snapping up distressed properti...
The big money grab 09/30/09 The past year has seen a seismic upheaval of wealth. Billions of
dollars evaporated during the financial crisis, and much of what's left
is changing hands at a breathtaking cl...
Buyers and sellers get on the same page 09/30/09 Zhann Jochinke, an associate broker at Argo Residential, put an alcove
studio on the market last year for $525,000. But the offers that came
in were as low as $390,000. "Peopl...
Funding freed up for some condos 09/30/09 New condos -- the black sheep of the real estate industry for much of
2009 -- are finally beginning to move again as construction progresses
and developers find ways to circum...
Trophy listings at lower prices 09/30/09 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 north of $30 million. I...
Buyers begin to boomerang 09/30/09 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. By his estimate, the $...
Web hits: The month in review 09/29/09 Riverton appraised at less than half the value of loan
The Riverton Houses apartment complex in Harlem was reappraised at $108 million, less than half the value of its $225 mil...
Editor's note 09/29/09 Just like the economic crisis spread from subprime borrowers, then from
bank to bank, and finally throughout the broader economy, the
catchphrases used to capture the fallout ...
Elghanayan brothers finalize Rockrose split 09/29/09 The three Elghanayan brothers, from left: Thomas, Henry and FrederickThe former heads of residential giant Rockrose Development have finalized the details of their split, the tw...
Case-Shiller: NY home prices improving 09/29/09 New York metropolitan area home prices have improved, but still haven't seen the solid increases of some other markets around the country, according to S&P/Case-Shiller Home...
Market picking up, residential experts say 09/23/09 From left: Alan Schnurman, an attorney at Zalman & Schnurman, and Charles Kohout, founder of Applied EducationInvestment experts gave audience members a sneak peak at their ...
Lord Norman Foster buys second unit at 912 Fifth Avenue 09/21/09 British starchitect Lord Norman Foster has bought a second unit at white-glove co-op 912 Fifth Avenue, bringing the amount of his total purchases in the building to $13.9 millio...
Elliman partners with Wells Fargo to form mortgage company 09/21/09 Aiming to make home loans easier to obtain in the midst of the credit
crunch, Prudential Douglas Elliman has formed its own mortgage company. In a joint venture with Wells Farg...
