Records: The highs -- and many lows -- of the past year 12/31/08 Last year, the most expensive co-op sale on record occurred in Manhattan, a condo in Brooklyn sold for the highest price ever, and a group of investors paid more for the GM Buil...
A year to forget 12/31/08 Most regard 2008's records, which The Real Deal details as part of a series, as footnotes, rather than the main stories of the year.
That's because, as our year in review rec...
Sun sets on hotel boom in Brooklyn neighborhood 12/31/08 A few years ago, the prolific McSam Hotel Group opened a Days Inn in Sunset Park, the Brooklyn neighborhood south of Park Slope and north of Bay Ridge. At the time, it seemed li...
Surfing the next wave 12/05/08 From the December issue: This month, The Real Deal takes a look at how the Internet has
fundamentally altered the business of real estate and what the future
holds for the rel...
Jobs disappear, some start over 12/02/08 As the economy slows, the real estate job market continues to cool. Several large brokerages and developers have announced layoffs. But as counterintuitive as it may seem, some ...
Brokers going it alone in the downturn 12/02/08 As the faltering economy forces some brokerages to cut employee rolls and agents to compete for pieces of a more humble real estate pie, some brokers are walking away from bigge...
Surfing the next wave 12/02/08 This month, The Real Deal takes a look at how the Internet has fundamentally altered the business of real estate and what the future holds for the relationship between the two. ...
Fourth Avenue on slippery Slope 11/12/08 From the November issue: For the last few years, Brooklyn's
Fourth Avenue has been billed as the next frontier of gentrification.
The addition of new luxury condos, funky rest...
Fourth Avenue on slippery Slope 11/03/08 Park Slope's Fourth Avenue has been billed as the next frontier of gentrification in Brooklyn. However, because of the credit crunch, a number of buildings that were initially p...
Presales assume new role 11/03/08 Advance notice has long meant advance revenue for developers of high-end condos, a market niche where success is measured partially by the number of preconstruction sales.
I...
Retail comes slowly to Fourth Avenue 11/03/08 "New York can do better than the new Fourth Avenue." That was the title of an article published earlier this year on Streetsblog, a Web site advocating pedestrian-friendly, liva...
Seeing less green in Fort Greene 10/10/08 From the October issue: Two years ago, Time Out New York named a stretch of South Portland Avenue in Fort Greene the "best block" in New
York, noting that its brownstones gave ...
Rent-to-own catching on 10/06/08 From the October issue: Brooklyn developers are trying to woo
would-be buyers who may be indecisive about the market's health with
deals that allow them to rent a unit in a co...
Not so easy switching to rentals 10/06/08 As condominium sales slow, more developers are changing their buildings
from sales to rentals -- but that's not always as easy as just changing
the sign on the door, experts s...
Buying a condo, one piece at a time 10/06/08 As the market sours and potential first-time buyers become more
indecisive about whether it makes sense to plunk down money for a
purchase, some developers are allowing them t...
Rent-to-own catching on 10/04/08 Brooklyn developers are trying to woo would-be buyers who may be
indecisive about the market's health with deals that allow them to rent
a unit in a condo while putting their ...
Web hits: The month in review 10/03/08 Architect injured at Goldman site files lawsuit seeking damages
An architect paralyzed from the waist down after being crushed last December by falling building materials at th...
Seeing less green in Fort Greene 10/02/08 Two years ago, Time Out New York named a stretch of South Portland Avenue in Fort Greene the "best block" in New York. Now, while the brownstone market is basically holding its ...
Fro-yo face-off 10/02/08 The fro-yo trend began picking up steam when Pinkberry opened its first
Manhattan store in late 2006; the company, which was started in Los
Angeles in February 2005, was alrea...
Brokers target creative types for Sunset Park workspaces 09/16/08 A firm is pitching Dumbo-style workspaces in Sunset Park, hoping to
draw creative professionals to the industrial section of the Brooklyn
neighborhood. Commercial brokerage CR...
