From the April issue: The New York City real estate market has been a developing story since The Real Deal launched in 2003. When the magazine first began publishing, New York was still recovering (emotionally and economically) from the 2001 World Trade Center attacks. In fact, the country had gone to war in Iraq less than a month before TRD’s first issue hit the presses.
A lot has happened since then — from an unprecedented economic boom (marked by close-to-free credit and high-flying condos) to the worst economic downturn in 80 years. [more]