September 2016 Issue

Who’s jumping ship?

When the billionaire Republican activist and Hewlett-Packard CEO Meg Whitman endorsed Hillary Clinton for president last month, it had almost nothing to do with Clinton or her politics. In an interview with the New York Times, Whitman lashed out against the GOP nominee Donald Trump, calling him “a dishonest demagogue” who has “undermined the character of the nation.” A month before, Whitman had spoken with Clinton by phone. While the… [more]

Meatpacking repackaged

The Meatpacking District has always been a study in contrasts, but never more so than today. The neighborhood teems with tourists climbing on and off the High Line, and below… [more]

The ‘closed’ fund conundrum

When news broke earlier this summer that the Blackstone Group was planning to take its rental-home company, Invitation Homes, public by the first half of 2017,… [more]

Wheels of fortune

When the venture-backed brokerage Compass secured a cash infusion of $75 million last month, the response from industry rivals was fast and… [more]

Racing against
the recession

At the beginning of 2013, Joseph Chetrit and David Bistricer set the city’s real estate circles abuzz when they outbid… [more]

Kushner conflicted

Last June, Mary Ann Tighe, one of the city’s top commercial real estate brokers, had an awkward exchange with New… [more]

Co-working spins off

At first glance, the Center for Social Innovation looks like your typical co-working or start-up office in the city. Inside the 27,000-square-foot former warehouse space at 601 West 26th Street… [more]

The Closing:
David Lichtenstein

David Lichtenstein is the CEO of the Lightstone Group, a Manhattan-based real estate firm with a $2 billion portfolio that includes 11,000 apartments and… [more]

Where the deal isn’t
the only drama

Francis Greenburger, the CEO of Time Equities and former “King of Co-ops,” has long been the industry’s renaissance man. From his early days in the 1980s… [more]

Friend to some, foe to others

When Madison Realty Capital bought the debt on a senior assisted-living facility in Park Slope late last year, the property at 1 Prospect Park West was … [more]

NYC’s all-time condo kings

Residential condo development is the riskiest sector within the risky business of real estate. Evidence for that is found in both the outsized returns builders can achieve with a success… [more]

NYC’s TAMI tenants
grow up, move out

In 2014, the leasing activity of TAMI (technology, advertising, media and information) tenants surpassed… [more]

Paradise or pipe dream?

Although there is always considerable risk involved in writing about an architectural project that has not yet broken ground, rarely have the perils been greater than in regard to the… [more]

Manhattan’s growing ‘shadow’

In the annals of residential real estate, the dog days of summer are never a good time to sell an apartment. So it’s not surprising that fewer than 1,000 Manhattan… [more]

The retail bargain rush

After two years of decline, the city’s retail market is experiencing a sudden burst of activity. Retail tenants with an eye for a deal are making the most of the… [more]

Editor’s note:
Our stupefying times

It used to be the economy, stupid. The fate of the nation’s economic health seems to have taken a backseat in presidential politics this time around more than in any… [more]

Comings and Goings

Daniel Moore has joined The Rockefeller Group as executive vice president and head of urban development nationally. Moore was previously a managing director at Hines.  Savills Studley has hired Melissa… [more]

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