The August issue is live!

Stories include a look at RE's tight-lipped money backers and a profile of CoStar

New York /
Aug.August 01, 2016 01:39 PM
 

In many of New York City’s most ambitious real estate plays, there is the “guy behind the guy” — the silent money backer who puts up the crucial equity.

For decades, these investor partners of major developers have largely shunned the spotlight. But recently, the deep-pocketed players have become more willing to reveal themselves as their appetites shift from private equity to real estate.

In the cover story for our August issue, The Real Deal takes a closer look at the biggest backers no one knows about.

They fund the projects and acquisitions of developers such as HFZ Capital Group, Moinian Group and more.

Next, we look at how the race to anoint starchitects is impacting the city’s skyline. Bjarke Ingels, for example, has skyrocketed to fame in a way that few before him ever have.

Meanwhile, over on Billionaires’ Row, the real estate phenomenon blazing through the 57th Street corridor may be a short-lived market blip. The supply of units for the global elite has quickly outpaced demand.

We also profiled real estate data provider CoStar, which is expanding its operations as some in the industry grow leery of its market power.

In our Closing interview, Fisher Brothers partner Kenneth Fisher talks about his Bronx childhood, working with his father — and the hope that after he’s gone people say he “gave a shit.”

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


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
Brownstones rule Brooklyn’s luxury market Thanksgiving week
Brownstones rule Brooklyn’s luxury market Thanksgiving week
Brownstones rule Brooklyn’s luxury market Thanksgiving week
Housing construction in the Bay area (iStock)
California falling short in creating affordable housing, new ‘report card’ shows
California falling short in creating affordable housing, new ‘report card’ shows
Sam Nazarian (Getty, iStock)
Coachella resort fraudster duped Sam Nazarian
Coachella resort fraudster duped Sam Nazarian
KPF's A. Eugene Kohn and 11 West 42nd Street (Google Maps, KPF)
KPF expands at Tishman Speyer building after sweetener
KPF expands at Tishman Speyer building after sweetener
Skylight Real Estate Partners founding partner Bennat Berger and 340 Old River Road in Edgewater (Google Maps, LinkedIn)
New firm pays $50M for Edgewater multifamily
New firm pays $50M for Edgewater multifamily
arrow_forward_ios

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

Loading...