The May issue is live!

TRD examines Manhattan's top resi brokerages, the highest-paid CEOs and more

New York /
May.May 02, 2016 01:15 PM

Sure, the Manhattan luxury condominium market may have softened a bit. But that doesn’t mean the city’s top residential brokerages aren’t still growing and prospering.

The Real Deal’s May issue features our annual ranking of the top residential firms in the borough, with Howard Lorber’s Douglas Elliman continuing to dominate and its top rival, Pamela Liebman’s Corcoran Group, not too far behind.

Sotheby’s International Realty continues to lead the mid-sized brokerages, while Dolly Lenz’s eponymous firm sets the pace in the boutique sector. And of course, a deal is only worth the paper it’s on until it closes – so we took stock of which firms actually sealed the most deals.

Elsewhere, we look at how family-led, private lending firms are filling the financing void left in today’s market by retreating, risk-averse banks; take stock of the highest-paid chief executives in real estate; and examine the self-destruction of the once-proud Morgans Hotel Group.

We also explore how Donald Trump’s kids would run the family empire were their dad to become occupied with more presidential matters, profile private equity giant Apollo Global Management, and document the extent to which real estate executives have helped Mayor Bill de Blasio raise money.

Finally, in the Closing interview, Somerset Partners founder Keith Rubenstein talks about the 1970 NBA Finals, why he didn’t go the medical school and that star-studded party he threw in the South Bronx.

To read the May 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
Orinda mayor Inga Miller and map of Orinda, California (City of Orinda, Google Maps, Getty)
Bay Area city caught trying to pull a fast one for housing sites
Bay Area city caught trying to pull a fast one for housing sites
Kansas City Chiefs quarterback Patrick Mahomes
Patrick Mahomes stacking up Super Bowl bids — and homes
Patrick Mahomes stacking up Super Bowl bids — and homes
Armando Montelongo Jr (Armando Montelongo Jr, Getty)
Former “Flip This House” star fails to have fraud claims dropped
Former “Flip This House” star fails to have fraud claims dropped
(Photo Illustration by The Real Deal with Getty Images)
The housing correction is a tale of two markets
The housing correction is a tale of two markets
From left: Standard International's Amar Lalvani and SIXTY Collective's Jason Pomeranc along with the SIXTY Soho Hotel (Getty, Facebook/SIXTY Soho)
Standard buys Sixty Soho hotel for apparent post-Covid record price
Standard buys Sixty Soho hotel for apparent post-Covid record price
arrow_forward_ios

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

Loading...