Real estate in New York City has lived a charmed life these past dozen years under Mayor Michael Bloomberg, a universally acclaimed champion of big ticket development projects. But when he leaves office in January, will the industry have a sympathetic ear in City Hall? Our September cover story, “Mayoral candidates get candid,” catches up with the contenders vying to occupy Gracie Mansion to see where they stand on key industry issues, and is now available online.
We also dive into regulatory documents to deliver a snapshot of what exactly is at stake in the Empire State Building’s initial public offering, and who the major players behind the building are. In “Real estate’s new ruling class,” we profile the new 30- and 40-something overlords of the industry, including the Related Companies’ Jeff Blau, Silverstein Properties’ Marty Burger and Forest City Ratner’s MaryAnne Gilmartin.
We profile the international investors bulking up their Manhattan portfolios, detail how high-end stores at New York City’s airports have taken off, and document national giant Coldwell Banker’s comeback into the Manhattan market.
Finally, in our Closing interview, L&L Holdings President and Chief Investment Officer Robert Lapidus speaks about his most interesting deal and wearing Grateful Dead t-shirts.
To see the complete issue, click here or on the “Magazine” tab at the top of the website.