12/04/08

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Corrections and Clarifications

In the June issue of The Real Deal, the story "Real estate royalty settles down" incorrectly stated that Claudine DeMatos' family had owned a horse farm in Bridgehampton. DeMatos had a friend whose family owned a horse farm there, and she would visit as a child.

The story "Surf's up for Swig" incorrectly stated the years and months of several events. Kent Swig was engaged to the daughter of Harry Macklowe in September 1986. Swig left Macklowe's company in 1994. He acquired Brown Harris Stevens in 1995 and Halstead in 1999. The article also incorrectly named Swig's partner on the Sheffield condo project. His partners on the project were Yair Levy and Serge Hoyda.

The story "Foreign accents mark city: A look at buyers in two new condo buildings," incorrectly stated the number of condo units that had been sold at William Beaver House. More than 71 percent of the 320 condo units were sold between January 2007 and the beginning of May 2008, not 71 units, as originally stated.

The article "Looking for Magic in Greenpoint" incorrectly attributed the prices for the units at 110 Green Street to the Developers Group. It came from an anonymous source with knowledge of the project.

In the original version of a June 16 Web story titled "Jones Lang LaSalle to acquire Staubach," a quote from an article in the June 2007 issue of The Real Deal was taken out of context. When Studley CEO Mitchell Steir said "I'd like to be bought out," he was referring specifically to a buy-out from his younger associates at some point in the future.