10/07/08

September 2006

Rentals are back -- if you're a Durst

Only longtime landowners able to make rental development work..
By Steve Cutler

Slow market increases merger activity

Century 21 buys in city, Corcoran in Hamptons
By Vanessa Londono

Jared Kushner: new Observer owner eyes property

When 25-year-old law student Jared Kushner bought a stake in the New York Observer for $10 million last month, both his age and family history got cynical New Yorkers wagging their tongues.
By Jen Benepe

Q & A: Hamptons summer season wrap-up

Sales drop-offs boon to rentals, East End brokers say
By Melissa Dehncke-McGill

Should brokers get paid as consultants?

As the real estate industry changes, brokers' job descriptions have been stretched. Instead of just being real estate scouts, most brokers now function as consultants -- helping improve a home by staging or recommending a slew of appropriate resources for renovations.
By Diana Lind

Brokers shrug at co-op price disclosure law

The recent enactment of legislation making individual cooperative sale prices public for the first time is generating little buzz in the real estate industry.

By Lauren Elkies

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Where to hang your hat

In the post-boom market, what it takes to jumpstart a career in New York real estate -- and where no
By Tom Acitelli
More

The Closing: Barbara Corcoran

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Office condos catching on

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The office condominium, a rarity in New York City, is finding a toehold in places as varied as West Chelsea, Lower Manhattan and Greenpoint in Brooklyn. For-sale office space is an alternative for companies who don't want to shell out rent each month. Developers may be warming to the concept because of the hot office market, where commercial space is fetching a premium amid a cooling residential market.
By Kelly McGuire

Chocolate caf s raise the chocolate bar

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Could chocolate eateries become like Starbucks in New York City? Some newer retailers hope so.
By Eric Marx

New co-op data shows priciest


The secrets are laid bare. A state law enacted last month made cooperative apartment sales prices public for the first time, freeing for wide consumption data that had once been the purview of well-connected brokers and of media speculation. The Real Deal, along with Web research site PropertyShark.com, compiled the top 25 priciest co-op deals over the last two years using new data from the city's Department of Finance. By Tom Acitelli

Ending the buyer vs. seller standoff

In the constant battle between New York City buyers and sellers over the exorbitant costs for apartments, buyers more than sellers have been getting battered and bruised. That may soon change. By Lauren Elkies

Westchester homes longer on market

There's a slowdown out of town. Houses in prosperous Westchester County are sitting on the market longer. The second quarter of 2006 saw sales volume drop and inventory rise in Westchester County, according to a report issued by the Westchester-Putnam Multiple Listing Service.
By Jonathan Scheff

New price etiquette for Connecticut

Higher inventory reflects sluggish sales in Fairfield County
By Jonathan Scheff

Longer sales waits on Long Island

"It's not a horrible market, but there's no sense of urgency."
By Jonathan Scheff

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