This Week in Comments

New York /
Mar.March 06, 2009 12:30 PM

Eateries, retail spaces close but others open
When Starbucks cancels, you know it’s bad.

Related looks for tenants for Virgin space

It’s a great area with lots of traffic, but the rent is too high and while that building is one of the most profitable rental buildings in the city, it’s going to be hard to have the same expectations for the retail portion. The other option is to piece up the space.

Wear your home hunt on your sleeve
Can I advertise on his shirt? I have a lot of units right now.

Deals to be had at One Northside Piers
Toll Brothers — [are] you kidding? Do they really think anybody in their right mind would be willing to pay $700 per square foot in this market, in Williamsburg or LIC? It’s a losing bet. Past buyers have lost tons of money on your projects, and anybody who purchases at these prices will likely lose money, too. Wait six months and those apartments will be half that price, or rentals.

Elliman’s real estate office of the future
“‘The agents are wireless, they’re paperless,’ he said, calling Andare the ‘office of the future.'” I would love to see a “paperless” board package.

Q & A with Buildings Department Commissioner Robert LiMandri
Giving out more stop-work orders doesn’t mean that the DOB is doing its job. The inspectors are not properly trained and just give out as many stop-work orders as they can. This is not good for anyone as it slows construction and increases costs significantly.

Federal housing plan to help one in nine homeowners
Not likely to help Manhattan real estate as most mortgages that are in trouble are likely in excess of $729,000.


Related Articles

arrow_forward_ios
Matt Lauer exposes Hamptons estate to the market
Matt Lauer exposes Hamptons estate to the market
Matt Lauer exposes Hamptons estate to the market
 Fredrik Eklund and the property (Getty, Steve Frankel)
Fredrik Eklund lists Bel Air mansion for rent as family moves to “forever home”
Fredrik Eklund lists Bel Air mansion for rent as family moves to “forever home”
Gordon Ramsey and his Lucky Cat restaurant (Lucky Cat)
Gordon Ramsay to open first South Florida restaurant in Miami Beach
Gordon Ramsay to open first South Florida restaurant in Miami Beach
Donald Trump and Allen Weisselberg with Trump Tower
Ex-Trump CFO Allen Weisselberg pleads guilty, will testify against firm
Ex-Trump CFO Allen Weisselberg pleads guilty, will testify against firm
Florida Showcase speaker spotlight: Black Lion’s Robert Rivani
Florida Showcase speaker spotlight: Black Lion’s Robert Rivani
Florida Showcase speaker spotlight: Black Lion’s Robert Rivani
Edison Properties' Jon Dario and 620 12th Avenue (Edison Properties, Google Maps)
Verizon leases 144K sf from Edison Properties in Hell’s Kitchen
Verizon leases 144K sf from Edison Properties in Hell’s Kitchen
Newmark's Elizabeth Berthelette and 45-18 Court Square (Newmark, Perkins + Will)
Life sciences market notches record despite cooling velocity
Life sciences market notches record despite cooling velocity
33 Howard Street, Dolls Kill's Bobby Farahi (Loopnet, Getty, Sequoia)
Dolls Kill rises in NYC with Soho flagship
Dolls Kill rises in NYC with Soho flagship
arrow_forward_ios

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

Loading...