11/23/08

January 2008
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Dead retail locations shake off the curse

Seven years of bad retail leasing luck ended last month when River Place I, the massive apartment complex at West 42nd Street and 12th Avenue, filled its commercial space, striking the property from an unofficial roster of sites that can’t seem to find (or retain) tenants...
By Charles Lyons

Starck heads downmarket

Designer does interiors at rentals, Jersey condos
By Alison Gregor

Marc Shaw: Extell's in with City Hall

When Marc Shaw was at City Hall he was a veteran advisor who Mayor Michael Bloomberg relied on to solve complex financial puzzles and pull off bold deals.
By Jill Gardiner

Subleasing by troubled Wall Street may ease congestion

Recent bad news for Wall Street may mean good news for Manhattan's congested office markets.
By David Jones

Windsor Terrace on edge

Neighborhood on the rim of Park Slope sees prices slip
By Tracy McNamara and James Kelly

Katz gets help from industry heavy hitters

Land use Council chair Melinda Katz gears up for comptroller’s race
By Judith Zimbalist

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Still one for the books

There's no doubt about it, last year was a roller coaster of a year with extreme highs and lows for real estate. While New York City suffered a slowdown caused by the credit crisis, more pain was felt elsewhere in the country, and there were still plenty of impressive deals that happened here.
By Lauren Elkies
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Flipping starchitecture

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It’s been eight years since construction began on Richard Meier’s West Side residential towers, ushering in the era of the celebrity architect – or, as it is more popularly known – “starchitect.” Luxury buildings charge a premium for being associated with brand-name designers, and the buildings themselves are often known not by their address, but by their starchitects: the Annabelle Seldorf building, the Jean Nouvel building.
By Julia Dahl

The Closing: Hall Willkie

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President of Brown Harris Stevens, a high-end residential brokerage with more than 300 real estate agents in seven New York City offices. The company has 10 other residential offices in the Hamptons and Palm Beach, Fla., plus three commercial offices in New York State.

Looking Back: Sol Goldman, a mogul surrounded by turmoil

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Bestselling novels are written about fictional family titans in turmoil, but few rival the real-life story of the Goldmans, one of New York’s richest real estate clans. Patriarch Sol was the spunky son of a Brooklyn grocer. He acquired his first properties at age 16, buying foreclosures by offering $500 cash per building.
By Jennifer Gould Keil

Predictions: A sober look at year ahead

As brokers and developers ring in the New Year, they are predicting even more shifts for New York’s already slowing real estate market. By Melissa Dehncke-McGill

New Yorkers' vacation homes: A day in paradise clouds over

New York City has weathered the national real estate downturn better than most American cities, but how have New Yorkers' favorite vacation destinations stacked up? By Dorn Townsend

Mortgage contingency: Not buying without a net

Manhattan buyers, concerned about the difficulty of obtaining a loan in the wake of the subprime mortgage crisis, are more reluctant to purchase apartments without a mortgage contingency clause in place.
By Lauren Elkies

NYC for sale in the foreign press

Foreign press heralds dollar's fall as opening door to once elite market
By Amy Miller

Investors finding the upside of distress

Despite the recent slowdown in the real estate market, there are companies and individuals that are finding an upside. The current troubled credit market has inspired a number of initiatives on the part of opportunistic New York City-based companies hoping to make lemonade from lemons.
By The Real Deal staff

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