Time for self-preservation 06/02/09 While deal volume is nowhere near where it was last year at this time, residential brokers are finally starting to report an increase in bargain-hunting buyers and a slight upti...
First resale of desired D-line in 15 CPW on market 06/01/09 15 Central Park West, 25D
The first of 15 Central Park West's coveted D-line is available for
resale, according to listing broker Andre Rouach, a vice president and associate ...
Buyers band together to negotiate with builders 06/01/09 In a move that experts are calling unprecedented for the real estate market, buyers in contract to purchase new condominiums are banding together to demand concessions from deve...
Market vital signs improve 06/01/09 Just when things appeared to be looking up for the New York City real
estate market, the industry was hit with shocking news: Coldwell Banker
Hunt Kennedy would close its door...
What's next for CBHK? 06/01/09 Now that New York City brokerage Coldwell Banker Hunt Kennedy is
closing its doors, what's next for the 21-year-old, 214-agent company?
The remainder of Manhattan's sixth-larg...
Coldwell NYC agents flee to Corcoran 05/29/09 Coldwell Banker Hunt Kennedy's agents will move to the Corcoran Group and other brokerages.
While Coldwell Banker Hunt Kennedy brokers expressed concerns about what will happ...
Developers going back to the bank 05/29/09 Potential buyers are musing about why — in light of the new market
landscape — some developers of new condo developments haven't dropped
their prices.
"Seems like...
The Closing: Robert A.M. Stern 05/29/09 Robert A.M. Stern is dean of the Yale School of Architecture in New
Haven, Conn., and founder of Robert A.M. Stern Architects, where he
personally directs each project.
The f...
Web hits: The month in review 05/29/09 AG forces Sheffield57 to suspend sales
Sheffield57 developer Kent Swig was forced to halt sales after state regulators notified the sponsor that the offering plan at the troubl...
Brooklyn MLS and StreetEasy pair up 05/29/09 Brooklyn's biggest Multiple Listing Service has partnered with StreetEasy to place some 2,500 of its listings on the site, aiming for a new era of transparency for real estate i...
DeNiro's downfall 05/29/09 The West Village office of the now-defunct JC DeNiro & Associates
was a prime location for luring wealthy passers-by to browse framed
professional photos of $2 million con...
Ranking new development firms in a hostile market 05/29/09 New condos have lost their boom-time sheen and are now more troubled than virtually any other sector of the New York market. However, there are still firms out there moving the ...
Lenders now hinge decisions on proof of developers' wealth 05/28/09 In the easy lending climate of recent years, it seemed almost anyone, no matter how much money they had in their bank account, could become a real estate developer. But in the p...
MLBKaye bucks the trend, begins aggressive expansion 05/28/09 Mid-sized Manhattan-based brokerage firm MLBKaye International Realty
is taking a gamble on new storefront offices in the midst of a
downturn. The family-owned company, which ...
Halstead moves into Connecticut market in Darien 05/27/09 In yet another aggressive bid for market share, Halstead Property is
expanding into Connecticut, acquiring Darien-based brokerage Wheeler Real
Estate. Wheeler, founded in 1927...
Developers wine and dine to reach crucial sales threshold 05/27/09 These days, one or two buyers can make or break an entire project by
helping developers reach crucial benchmarks in the selling process. In
response, sponsors are doing everyt...
Elliman and Prodigy in, Corcoran Sunshine and Core out 05/27/09 Dottie Herman's Elliman replaces Kelly Kennedy Mack's Corcoran Sunshine as marketing agent at Arris Lofts.
Two more developments have pulled sales-team switcheroos in a tough r...
Doing the office shuffle 05/26/09 From the May issue: Brokers famously sell the mantra of
location, location, location. But when it comes to their own offices,
that refrain may be changing. During the boom tim...
Corcoran's Liebman dispels CBHK merger rumor 05/21/09 As industry leaders lamented the dissolution of Coldwell Banker Hunt Kennedy, a story The Real Deal broke Wednesday, the Corcoran Group's CEO Pamela Liebman dismissed rumors tha...
