What’s ahead in 2014

In many ways, 2013 was an historic year for the New York City real estate industry, as price records were shattered in both the commercial and residential sectors. Hedge funder Bill Ackman and a group of investors reportedly paid more than $90 million for a unit at Extell Developmentā€™s luxury condo tower One57, for instance. If the sale closes at that price, it will set a record for the most expensive Manhattan condominium. On the … Continue reading What’s ahead in 2014