Land Prices


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“I can’t do anything in this town today”: Steve Witkoff is fed up with New York development costs

“I can’t do anything in this town today”: Steve Witkoff is fed up with New York development costs

Steve Witkoff is among a growing number of New York developers who are up in arms over soaring land and construction prices. So now,...

“I can’t do anything in this town today”: Steve Witkoff is fed up with New York development costs
How ground leases became “ticking time bombs” for iconic properties

How ground leases became “ticking time bombs” for iconic properties

When the Abu Dhabi Investment Council and Tishman Speyer decided to put the iconic Chrysler Building up for sale...

How ground leases became “ticking time bombs” for iconic properties
Will Manhattan land prices seesaw in the wrong direction?

Will Manhattan land prices seesaw in the wrong direction?

From the March issue:  In 1626, Dutch merchant Peter Minuit bought the island of Manhattan for the equivalent of...

Will Manhattan land prices seesaw in the wrong direction?
The market for land got buried in 2016

The market for land got buried in 2016

Land sales in Manhattan ground to a halt last year with just under $3 billion worth of transactions in 2016, down 74 percent from the previous year. Cushman & Wakefield data show the number...

The market for land got buried in 2016
Paydirt: The ground beneath her feet, Trump & the taxman, no mezzin’ around … & more

Paydirt: The ground beneath her feet, Trump & the taxman, no mezzin’ around … & more

The dirt on dirt: Mark Twain’s memo must have got lost in the mail. “Buy land, they’re not making it anymore,” isn’t a mantra...

Paydirt: The ground beneath her feet, Trump & the taxman, no mezzin’ around … & more
Meet 421a’s real beneficiaries: Landowners

Meet 421a’s real beneficiaries: Landowners

When state lawmakers in June agreed to an overhaul of the 421a tax abatement program, Gov. Andrew Cuomo called...

Meet 421a’s real beneficiaries: Landowners
Even more condos planned for Long Island City

Even more condos planned for Long Island City

With Long Island City land prices blowing up and the neighborhood’s demographics shifting to an older, more monied crowd,...

Even more condos planned for Long Island City
Real estate prices for burials far from dying down

Real estate prices for burials far from dying down

The New York City inventory squeeze is extending about six feet under. Like all other real estate in New...

Real estate prices for burials far from dying down
Five largest landowners in the US

Five largest landowners in the US

 Land remains a hot investment, and America’s wealthiest individuals are snapping up property at breakneck speed.

Five largest landowners in the US
Sky-high land prices hinder multifamily rental projects

Sky-high land prices hinder multifamily rental projects

Despite the unquenchable demand for rental units in Manhattan, stratospheric land prices are blocking the development pipeline for multifamily...

Sky-high land prices hinder multifamily rental projects
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