UN to weigh in on housing crisis 12/18/08 For the first time, the United Nations has chosen to weigh in on the
housing crisis. The UN's real estate market advisory group will prepare
guidelines for potential UN action...
National market report 12/15/08 Atlanta
Atlanta is overbuilt and unattractive to investors, according to an annual survey by the Urban Land Institute. Out of 50 metropolitan areas, Atlanta ranked 33rd for com...
Commercial mortgages decline in size and number, data shows 12/15/08 The number and size of loans declined in several sectors of the
city's non-residential market since Sept. 15, when Lehman Brothers
collapsed, compared to non-residential loans...
Guardhill picks up IndyMac retail division 12/11/08 Guardhill Financial Corp., a Manhattan-based mortgage brokerage, has
found new opportunities in a credit crunch that has led banks to scale
back their mortgage lending. The co...
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 ...
Web hits: The month in review 12/02/08 Dramatic bonus cuts could devastate luxury housing market New York's troubled residential sales market could face even more peril than expected in 2009, as some of Wall Street's...
As market cools, jobs evaporate 12/02/08 As the New York real estate market softens and the economy slows, the real estate job market continues to cool.
Several large firms and developers have announced layoffs in t...
International briefs 12/02/08 Saudi investor may buy French hotels
Starwood Capital is in talks to sell the Concorde Groupe, through which it owns 12 luxury hotels in France, to JJW Hotels & Resorts, th...
New residential developments 12/02/08 BushwickThe Knickerbocker320 Knickerbocker AvenueThe Hudson Companies will develop the 49-unit condominium with loft and penthouse units, Brownstoner reported. Amenities include...
Architects' pet projects to benefit Animal Medical Center 11/13/08 Three New York architects have designed pet houses, inspired by their
architectural work and their pets, to be auctioned off at an Animal
Medical Center gala Tuesday. The thre...
DJK plans to enter commercial market 11/11/08 DJK Residential is planning to form a new division to handle commercial
property, said Phyllis Pezenik, vice president and managing director of brokerage services at the Manhat...
Winick Realty founding partner dies 11/05/08 Frank Terzulli, a founder and executive vice president at Winick Realty
Group, died suddenly on Sunday at the age of 47, according to Victoria
Juharyan, spokeswoman for the co...
No buyers sign Obama contingency clause contracts 11/04/08 No buyers have taken developer Erik Ekstein up on his offer to include an "Obama contingency clause" in contracts signed before today's presidential election at Ekstein's
Chels...
Web hits: The month in review 11/03/08 Massey Knakal shrinks agent pool by 25 percent
In the midst of the financial crisis, commercial real estate firm Massey Knakal Realty Services has reduced its number of agents ...
National market report 11/03/08 Atlanta
The $1 million Atlanta luxury home has become the $2 million-or-more luxury home, according to brokers who sell in the high-end market. There were 165 single-family hom...
Condos in the country 11/03/08 Hoboken, NJ
Vesta Hoboken
609 Observer Highway
The Vesta Group's 16-unit condominium will open this fall. The units are two-bedroom condominiums and three- and four-bedroom d...
International briefs 11/03/08 Ireland in recession as real estate boom fades
A 10-year real estate boom in Ireland has faded away with a steep drop in new home construction as the country becomes the first ...
New York REITs show declines in third quarter 10/31/08 Several third-quarter earnings reports released this week show just how
much lower share prices and incomes are at a number of major New
York-based REITs compared to last year...
Balazs carves out new position 10/23/08 In an effort to best position itself in the economic downturn, Andre
Balazs Properties has hired Glyn Aeppel to fill the newly-created
position of chief investment officer, th...
