Peace Palace for sale for $45 million 09/17/09 70 Broad StreetHow much would you pay for peace of mind? A five-story meditation center at 70 Broad Street is now for sale. The price tag? $45 million. The landmarked, neoclassi...
The disclosure dance 09/14/09 The days of dropping by a Sunday open house on a whim may be numbered. Sellers, frustrated by lowball offers and by buyers who are "just looking," want to make sure they're deal...
Corcoran marketing Madoff's Palm Beach home for $8.5M 09/10/09 From left: listing agents Burt Minkoff and Jim McCann of the Corcoran Group, Madoff's Palm Beach propertyThe Corcoran Group, which is marketing Bernard Madoff's oceanfront home
...
Apartment rents see annual price drop 09/09/09 Citi Habitats today released its rental market report for August, revealing year-over-year rent declines in all categories but little change from July.
The average rent for a...
Breaking the co-op barrier 09/08/09 From the September issue: No one knows exactly why Jeff Blau, the 41-year-old president of the
Related Companies, was denied a co-op board interview this spring at
exclusive 8...
$15M triplex at Chupi taken off market 09/03/09 Actor Richard Gere owns a unit in Palazzo Chupi, where the triplex was pulled off the market
One of the two remaining units at Julian Schnabel's rose-hued, many-terraced Palazz...
Free rent leads to success at Silver Towers 09/03/09 Silver Towers at 42nd Street and 11th Avenue began renting in May.
Nothing beats free stuff. That may be the lesson learned from Larry Silverstein's Silver Towers at 42nd Str...
Former home of late abstract painter Judith Rothschild for rent 09/03/09 1110 Park Avenue, former home of Judith RothschildThe late abstract painter Judith Rothschild -- whose massive gift of
contemporary drawings is now on display at MoMA -- spent ...
Mastering the market 09/02/09 From the September issue: In the summer of 2008, no one could have foreseen how much the real
estate industry would change in only a year. Prices that once
accelerated at a di...
Web hits: The month in review 09/01/09 Fortress buys Sheffield57 at auction for $20M
Following two months of legal challenges and financial turmoil, Fortress Investment Group acquired the controversial Sheffield57 c...
Breaking the co-op barrier 09/01/09 No one knows exactly why Jeff Blau, the 41-year-old president of the Related Companies, was denied a co-op board interview this spring at exclusive 820 Fifth Avenue. In what wou...
For brokers, when the boss is the bank 09/01/09 Some real estate agents in the city are working for a new kind of client. For the first time since the 1990s, banks are beginning to hire New York City real estate firms to hand...
Riding out rental trends 09/01/09 The rental market has changed dramatically since Lehman Brothers collapsed a year ago this month. In the second quarter of 2009, the average Manhattan rental price per square fo...
Brokers who are up in a down market 09/01/09 Sean Oakes, a vice president at Halstead Property, is having his best year ever. So far, he's earned nearly 40 percent more than last year, and he's on track to double his 2008 ...
The disclosure dance 09/01/09 The days of dropping by a Sunday open house on a whim may be numbered. Sellers, frustrated by lowball offers and by buyers who are "just looking," want to make sure they're deal...
Mastering the market 09/01/09 In the summer of 2008, no one could have foreseen how much the real estate industry would change in only a year. Prices that once accelerated at a dizzying pace are now declinin...
The Closing: Norman Sturner 08/31/09 Norman Sturner is the co-founder and CEO of Murray Hill Properties,
which he started in 1971 along with partner Neil Siderow. Since then,
the company has bought and sold $10 b...
Editor's note 08/31/09 In his novel "A Man in Full," Tom Wolfe painted a classic scene (among
those who work in the bankruptcy field, anyway) from the early 1990s
real estate meltdown, of one of the...
Brokers look to reclaim autumn 08/31/09 Experts expect September 2009 to be an improvement from the same month last year. Unfortunately, that's not saying much.
Last September, of course, was the month Lehman Brothe...
