Blog

Real Estate has rarely been at the cutting edge of technology. Many startups have crashed on the rocks, approaching the shores of Real Estate Land, whether trying to disrupt the rental market (see the fun going on right now with Streeteasy), rental insurance, property and casualty insurance, information about commercial real estate, what have you.Read more

Cranes are everywhere. Whether it’s the proliferation of glass towers in Long Island City, or the highest of the high end along 57th Street, where the Nordstrom Tower aims to set a record of $4BB in sales in one building. Downtown, along Houston Street and Delancey, the Lower East Side is exploding with new projectsRead more

I spend a little bit of each day seeing if I can read the Real Estate tea leaves. How’s the market? Any trend? Is there some idea pushing the market forward or pushing it off a cliff? 6 Cortlandt Alley – one of a few we’ll discuss this month New Development is endlessly fascinating toRead more

We are back on the horse – new new developments have started to open sales office following the December break. The most impressive new one is 180 East 88th Street, which will be the tallest building north of 86th Street, at 520 feet. It will remain the tallest for probably a year, until Gary Barnett’sRead more

I am not going to count the words, but you’re welcome to. Perhaps it will be a few less than 500! O’Connor Capital Partners, who converted Manhattan House (200 E 66th) through the downturn of 2008-2009 and came out on the other end a star, is partnered with HIG to convert 200 E 62nd toRead more

The Charles was another casualty of the downturn in 2008-2009. Turns out, though, that it was only partly dead. Instead of being constructed, the Charles had remained an empty lot on First Avenue and 73rd Street for the last few years. As development picked up over the last year, so, too, did the plans forRead more