This Week in Comments

New York /
Jan.January 16, 2009 04:51 PM

Elliman’s Jacky Teplitzky offers advice to buyers
I think the developers that have hired Douglas Elliman would be somewhat displeased about an Elliman broker telling people, in such a public forum, to hold off on new developments. Can you say breach of fiduciary duty?

Million dollar deals on the Upper East Side
Completely irrelevant. Each of these deals was initiated pre-Lehman. The market sucks. The boom is over.

Real estate exec Steven Good found dead, possible suicide

To read rave reviews of Mr. Good since his suicide, which state how great, rich, a man of leadership, etc. [he is], disgusts me. Any human that takes their own life, whether it be due to bad marriage or whatever is a loser and a coward, no way a leader.

Retailers finding lower rents, more concessions

While this is clearly a buyer’s market there are few buyers with the nerve to spend what capital resources they have at the moment. I applaud the risk-takers. They will benefit from this downturn. When things turn around there will be a flight to quality locations for those merchants willing and able to pick up the pieces.

Lender alleges Swig defaulted on 25 Broad loan, inflated Sheffield stake
Let’s be clear, folks — it is not harassment to simply not renew a market-rate unregulated lease. It’s called property rights.


Related Articles

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)

Hudson Yards megadevelopment inspires a new line of sex toys

Hudson Yards megadevelopment inspires a new line of sex toys
Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Wendy Silverstein (Credit: Getty Images)

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
(Super Gen via Twitter/ArjunKharpal, Getty)

Ready players: 5M-sf e-sports complex rises in Shanghai

Ready players: 5M-sf e-sports complex rises in Shanghai
News of President-elect Biden’s $1.9T stimulus plan held promise for employment and economic activity. (Getty)

Real estate stocks hold gains even as market doesn’t

Real estate stocks hold gains even as market doesn’t
Tommy Hilfiger and his recently sold estate in Greenwich, CT. (Getty, Janet Milligan)

Tommy Hilfiger’s Greenwich estate sells for $45M

Tommy Hilfiger’s Greenwich estate sells for $45M
Jenna Ryan was part of a group who flew on a private plane from Denton, TX, to Washington, D.C., with the intention of joining the protestors (Twitter.com/DotJenna)

Texas Realtor faces criminal charges for role in Capitol attack

Texas Realtor faces criminal charges for role in Capitol attack
Kirk Goodrich, president of Monadnock Development, is opposed to the bill sponsored by Bran Lander. (Getty, Monadnock Development)

Council bill favoring nonprofits for affordable housing will hurt minority-led firms: developers

Council bill favoring nonprofits for affordable housing will hurt minority-led firms: developers
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...