A story in the February issue, “Residential Firms, from staid to splashy,” incorrectly referred to the title of Samantha Kleier Forbes at Gumley Haft Kleier. She is an executive vice president.
The Deal Sheet in the February issue incorrectly listed information about a lease by fashion designer Elie Tahari. The new space at One Bryant Park will measure 29,674 square feet on the 50th floor of the 51-story building. Tahari was represented by Norman Bobrow of Norman Bobrow & Co.
A story in the February issue, “Developers hold back prime properties to pique buyer interest,” incorrectly attributed the term “warehousing” to Tricia Hayes Cole, chief operating officer of Corcoran Sunshine Marketing Group. The term is sometimes used to describe the practice of developers and marketers making only a few units available for sale in a new residential building to create a sense of urgency among buyers. The story also incorrectly cited Cole as saying that offering plans for new developments generally specify that a developer can reserve the right not to put all units on the market at the same time.