The March issue is live!

TRD examines global economic uncertainty, Airbnb and more

New York /
Mar.March 01, 2016 01:14 PM

Chinese stock market volatility, collapsing oil prices, the Federal Reserve’s outlook on interest rates – the first few months of 2016 have been rife with macroeconomic uncertainty. But what does it all mean for the New York City real estate market?

For our March issue, The Real Deal took a closer look at how the state of the global economy has impacted the city’s real estate market thus far, and how it may continue to affect business moving forward. Is it all a sign that the current commercial real estate cycle truly is winding down?

We also track the sovereign wealth funds and foreign investors from around the world who poured billions into New York real estate last year, examining them on a country-by-country basis.

Elswhere, there’s a deep dive into Airbnb — looking at the home-rental giant’s fight for legitimacy in the face of increasing scrutiny and regulation in New York City. In addition, there’s a look at how Airbnb has done in other cities around the world, and how its success has spurred a cottage industry seeking to capitalize on the short-term rental craze.

We also profile CBRE “godfather” Stephen Siegel, who in addition to his responsibilities at the brokerage firm has been making moves on the side as a real estate investor. And there’s an examination of the city’s union vs. non-union construction battle – and whether the unions are losing their grip on the city’s real estate industry.

Finally, in the Closing interview, Clipper Equity CEO David Bistricer talks about his battle for Starrett City, not having a television and his one true vice: making money.

To read the March issue of The Real Deal, click here or on the “Magazine” tab on the top left of the homepage. Enjoy! – Rey Mashayekhi


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
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
Cindat Capital Management CEO Greg Peng and Hersha Hospitality Trust CEO Jay Shah with 51 Nassau Street (Google Maps)

7 Manhattan hotels head to auction block

7 Manhattan hotels head to auction block
arrow_forward_ios

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

Loading...