The conflict-of-interest conundrum
The mid-2000s real estate boom created a special kind of chaos in the new condo market, as established brokerage firms, resale agents and boutique companies competed to cash in on the new condo craze....
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A new development rebirth?
Until now, resales have led the real estate market’s recovery in New York, with new condos trailing behind. But new development is finally starting to make up some ground, experts say. Brokers are reporting...
Unraveling the new development mystery
While many of New York City’s new residential towers are sheathed in glass, the process of buying a new condo is far less transparent. Despite the attorney general’s strict disclosure requirements, misrepresentations were rampant...
What does it take to make a comeback?
Shaya Boymelgreen Embattled developer Shaya Boymelgreen recently announced that he’s looking for development opportunities in Manhattan. That may sound surprising, given that the erstwhile developer of 20 Pine is facing a bevy of lawsuits...
New residential developments
Leasing update Soho 55 Thompson Street Once the site of the city’s first indoor parking garage, Manhattan Skyline’s new rental tower has begun leasing and will be ready for occupancy Oct. 1. The building...
Connecticut condos battered, but see light
Trump Parc Stamford Connecticut may be known as the land of steady habits, but Fairfield County’s condo market might be more accurately called the home of the fire sale. There are price chops up...
Delancey rising
38 DelanceyA huge condo touting its cool credentials and top-of-the-line finishes (recessed ceiling lights!) may seem about as au courant as having a Friendster account. But that’s exactly what’s happening on the Lower East...
Betting on a starquitecto
A rendering of the Habita Hotel and Sean Ludwick of Black House Development at the construction siteWhen the first credit card is swiped at the new High Line Habita Hotel in Chelsea, it will...
Documenting Ground Zero
Larry Silverstein being filmed for a Steven Spielberg documentary While Ground Zero may be among the most popular tourist destinations in the city, much of the public has no idea what’s really taking place...
Hard times for hard hats
From left: Barry LePatner, Louis Coletti, Michele Medaglia, Pat Di Filippo, Richard Anderson, Richard Kennedy, Jack Buehrer While the residential market might be improving for brokers, construction firms are still severely suffering, and the...
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