11/23/08

December 2006
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How much they make

If you want to get wealthy fast, you better not go into the real estate business. People who enter the industry with a get-rich-quick mentality may be frustrated with immediate earnings that are nowhere near their million-dollar expectations. "The reality is it's not a get-rich-quick scheme," said Gary Malin, COO of Citi Habitats...
By Lauren Elkies

Q & A: Scorching rental market now just hot

Harder fall drop-off this year
By Melissa Dehncke-McGill

Real estate losing career luster

Growth in new agents drops to a five-year low
By Lauren Elkies

Elevated ceilings get farther from the floor

Buyers pay a premium for soaring heights as builders aim higher
By Vanessa Weiman

Market sees calm before bonus buying storm

Prices, sales numbers stay even, though top end rises; brokers expect wave of buying in '07
By Tim Moran

Small gets beautiful -- and profitable

Developers shift to smaller units at higher prices per square foot
By Vanessa Londono

Samchang

Checking in with Sam Chang

Below-the-radar hotel builder becomes biggest in the city; 40 projects underway
By Marc Ferris
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NYC condos grab larger share of the pie

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It's unlikely that prestigious Upper East Side co-op buildings like 740 Park Avenue and 834 Fifth Avenue are going to let the riff-raff in any time soon. However, Manhattan co-op buildings as a whole -- despite trumping condos by three-to-one in sheer number -- have been losing a bit of steam as the primary apartment choice in recent years.
By Lauren Elkies

New retail stores in Flatiron area skew even younger

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The Flatiron Building may be a grand old lady of New York City real estate, but that's not who shops near the Manhattan icon. In the rush to capture those young buyers, rents in the area have increased 25 to 50 percent over the past 18 months.
By Eric Marx

Meier makes more room On Prospect Park

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Architect's modernist vision of luxury is taking shape in Brooklyn
By Steve Cutler

Unlovely Queens gets new suitors

Queens developers are pushing into neighborhoods that in the past rarely inspired high-profile construction. Even as planned development shrinks in the borough, a 58-unit condominium is in the pipeline in Hollis; a 190-unit condo is slated for Jackson Heights; and a 27-unit condo is on the drawing board in Elmhurst.
By Lauren Elkies

REBNY's portal plan stirs revolt


The city's largest and most prestigious real estate group plans to make its thousands of listings accessible to the public, a move the masses may applaud but which some members of the trade association have responded to with mounting anger, accusations of mismanagement and talk of a lawsuit from aggrieved brokers who worry that when they lose exclusive access to proprietary data, they will go out of business. By Jen Benepe

Manhattan-style condos come to Fort Greene

Glass and steel projects poised to tower expensively over historic brownstones
By Andy Greenberg

Office sales breaking the bank in Manhattan

Investors expect prices to hit new peaks as $1,000-per-square-ft ceiling breached
By Catherine Curan

Maturation of Murray Hill moves forward

Manhattan's dormitory annex gets pricey as apartment shares dwindle in hot rental market
By Gabby Warshawer

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