10/06/08

February 2007

 In post-boom, who's best and worst

Harlem, Washington Heights top list of areas with largest gains..
By Lauren Elkies

Latest immigrant wave: Indian hotel developers

Immigrants found U.S. niche with budget hotels; their sons target NYC for bigger and better
By Adam Piore

Big numbers bode well for '07

Year-end residential sales jumped and inventory dropped
By Vanessa Londono

Commercial vacancy rates nosedive to new lows

Rents spike as office districts lease every bit of space
By Tim Moran

Developers hold back prime properties to pique buyer interest

In a slowing market, some developers believe they can quicken the bidding for some apartments by playing hard to get.

By Eric Marx

Broken Angel goes condo in changing Clinton Hill

Every time a bell rings, a new Brooklyn condo gets its wings -- or a developer tries to wrestle one out of a Broken Angel.
By Gabby Warshawer

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Residential firms, from staid to splashy

Manhattan brokers offer behind-the-scenes look at their office cultures
By Lauren Elkies
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More wooing for mortgage brokers

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It's hard to put in long, difficult hours in the mortgage loan business while your phone rings off the hook with enticing offers to jump ship. This scenario may sound very 2003 -- when recruiting was commonplace during the height of the refinance boom -- but the headhunting climate is alive and well in early 2007, top New York loan originators said. "The recruiters are out really strong," said Julie Teitel, vice president at Mortgage IT. "I think that I have been recruited [by] every bank and broker in Manhattan this year."
By Tracy McNamara

Hotel building lawsuit keyed to competition

The hotel boom is kicking up dust in court as well as in the streets of Manhattan. Two of the city's biggest hotel developers, former partners who have headed in different directions, have converged in New York State Supreme Court in an unusual lawsuit.
By Vanessa Londono

For Guttman, no end to Greenpoint Terminal controversy

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Owner faces numerous criminal charges for violations that predate blaze
By Jen Benepe

Crime and home prices

Bloggers question safety of gentrified areas, statistics refute fears  By Marc Ferris

Consolidating their Empire: Major tenant cuts at icon

Plans to overhaul the Empire State Building are creating a backlash from small tenants who are worried they will be pushed out of the building. By Vanessa Londono

Manhattan House goes condo -- slowly

The developers of Manhattan House, who paid a record price for the Upper East Side building, are going to be making back their money only a few units at a time. Owners Richard Kalikow and Jeremiah O'Connor have begun the first round of conversions on the 580-unit white-brick rental property located at 200 East 66th Street, which they purchased for $623 million in mid-2005.
By Vanessa Londono

Brokers court the new Hispanic market

More firms add Web sites, marketing programs in Spanish, and bilingual staff
By Maya Dollarhide

Billyburg shifts to rentals

High-end luxury condos out of reach for hipsters
By Catherine Wigginton

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