In the March issue story, “Stacking up sales brokers,” The Real Deal mistakenly excluded several firms from its ranking. Those firms are: Westwood Realty Associates, which did 10 deals worth $368 million; ABS Partners Real Estate, which did six deals totaling $186 million; Portman Realty Group, which did one deal worth $95 million; MNS, which did four deals valued at $84 million; and Barcel Group, which did 18 deals valued at $50 million.
In the March issue story, “Can Mitchell, Maxwell & Jackson survive?” The Real Deal incorrectly stated that the Home Valuation Code of Conduct required a lender to use an appraisal management company to select an appraiser. The code left the selection up to the lender or a third party, such as an appraisal management company.
In the March issue story, “Brooklyn’s building bonanza,” The Real Deal incorrectly named FLAnk as the developer of 1 North Moore Street in Tribeca. In fact, FLAnk was the designer of the project, but not the developer.
In the March issue story, “Development Updates,” The Real Deal misidentified a photo of condo conversion 1 Rector Park at 333 Rector Place, incorrectly identifying it as 225 Rector Place.
In the March issue story, “Dismantling the boys’ club,” The Real Deal incorrectly stated that Vornado Realty Trust’s Wendy Silverstein worked on the conversion of the Knickerbocker Hotel at 1466 Broadway. In fact, Vornado and Silverstein were not involved in the Knickerbocker conversion.