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
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
London fire officials say over 1K buildings unsafe in a fire
London fire officials say over 1K buildings unsafe in a fire
London fire officials say over 1K buildings unsafe in a fire
The Centre at Purchase at 1, 2, 3, 4 Manhattanville Road with George Comfort & Sons CEO Peter Duncan (George Comfort & Sons)
Westchester office park owned by George Comfort & Sons slated for auction
Westchester office park owned by George Comfort & Sons slated for auction
Wells Fargo hit with $400M suit for breach of contract linked to robo-signing scandal
Wells Fargo hit with $400M suit for breach of contract linked to robo-signing scandal
Wells Fargo hit with $400M suit for breach of contract linked to robo-signing scandal
Attorney General Letitia James and A&E Real Estate CEO James Patchett (Getty, iStock)
A&E pays just $510K in lead-paint settlement
A&E pays just $510K in lead-paint settlement
Heath Freeman, managing director of Alden Global Capital, and the house at 3503 Lodge Drive in Coconut Grove, Miami (Getty, Compass / Brown Harris Stevens)
“Hedge fund vampire” bites into waterfront Coconut Grove mansion for $19M
“Hedge fund vampire” bites into waterfront Coconut Grove mansion for $19M
arrow_forward_ios

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

Loading...