Great prices offered at Manhattan's newest hotels 12/30/08 Over the last couple of months, a number of new Manhattan hotels have
opened, offering great rates, and in some cases good perks, to get
visitors to walk through the door. On ...
Latest Real Deal Webcast online 12/29/08 With the market in flux and so few sales being brokered, experts are having a difficult time determining the value of New York City buildings. This week, The Real Deal listens i...
Letter to Santa Claus: "Please help me sell my condo units" 12/23/08 During this holiday season, developers of residential condominiums in
New York City must be sending letters to Santa Claus, asking St. Nick
for his assistance in the sale of u...
Madoff scandal hurts real estate silent investors 12/19/08 On the WNYC radio show "The Brian Lehrer Show" yesterday,
host Brian Lehrer talked to Real Deal columnist Michael Stoler and Christine Haughney, a reporter at the New York Time...
Banks lend on residential projects, but only to a select group 12/16/08 Even in these difficult times, a number of financially sound domestic
and foreign financial institutions have affirmed their support of the
New York City condominium and resid...
Bargain hunters can find office rents for $10 per square foot 12/02/08 Do you remember a time when a company could lease Class A office space
in New York City for an effective rent of less than $15 per square?
Well, that time is now -- for compan...
Michael Stoler - Show me the money! 12/01/08 Today during the worst dislocation of the capital and credit markets since the Great Depression, when little or no financing for real estate is available, I ask the few financia...
Bleak office market means cheap rents through 2009 11/25/08 Can you imagine renting in a Class A office building on Park Avenue -- and not on Park Avenue South -- for $60 to $70 per square foot? That's what real estate industry experts b...
Private equity prefers debt to buying real estate 11/18/08 Private equity real estate investment funds are sitting on the
sidelines rather than investing in commercial and residential real
estate. The general consensus of hundreds of ...
Land prices on downward trajectory 11/10/08 The price of land for residential and commercial development in New
York City is declining in a similar manner to the stock market, but
land prices are only going in one direc...
Specialty lenders keep developers afloat 11/05/08 In these difficult financial times, specialty lenders, or what are
called "hard-money lenders," have found a niche by providing funding to
real estate investors and developers...
Publisher's note 11/03/08 Recently, I read that in crisis, there is opportunity. While the person who said that may not have a mortgage to pay or a construction loan to collect, I can certainly appreciat...
Michael Stoler - Waiting to exhale 11/03/08 In these days of awe, when the stock market, capital markets and credit markets are in total disarray, there is absolutely no chance that I can be optimistic on the state of the...
The latest Real Deal Webcast is now online 11/03/08 This week, The Real Deal listens in as Michael Stoler hosts a panel discussion on the real estate implications of the economic meltdown. Stoler, who just joined The Real Deal as...
Foreign apartment buyers grow scarce 10/28/08 The global credit crisis, the dislocation of foreign stock markets and
the strengthening of the dollar has resulted in a reduction of the
number of foreign investors purchasin...
Financing available for select New York City hotels 10/20/08 After nearly a year of searching for financing, the owner of the Plaza
Hotel last week was able to secure funding for the hotel including
unsold condo hotel units. Elad Proper...
Stoler joins The Real Deal 10/17/08 Michael Stoler, former columnist for the New York Sun, is joining
The Real Deal as a columnist for the magazine and a regular contributor
to the Web site. Stoler is host of th...
Lower East Side sees renaissance 12/14/06 Until fairly recently, the Lower East Side "possessed the greatest number of groggeries, flophouses, clip joints, brothels, fire sales, rigged auctions, pawnbrokers, dime museum...
