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Friday May 09, 2008

New York Real Estate Market News

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Wed, 07 May 2008 19:14:00 GMT
Industry Leaders Honor Barry Gosin and Jeffrey Gural at UJA-Federation of New YORK'S 2008 Annual Real Estate Luncheon (PR Newswire via Yahoo! Finance)
  • UJA-Federation of New York's Real Estate and Allied Trades Division honored Barry M. Gosin, CEO, and Jeffrey Gural, chairman, both of global real estate advisory firm Newmark Knight Frank, with its Jack D.

  • Wed, 07 May 2008 12:00:00 GMT
    Cantor Fitzgerald Launches Real Estate Group (Business Wire via Yahoo! Finance)
  • NEW YORK----Cantor Fitzgerald, L.P. today announced the creation of Cantor Real Estate, LLC and appointed Andrew N. Stark as Executive Managing Director to lead Cantor's entry into the real estate investment and development market.

  • Mon, 05 May 2008 14:38:48 GMT
    UBS extends recession forecast to 3Q on 'more serious' real estate slump (Sharewatch)
  • NEW YORK (Thomson Financial) - UBS Investment Research Monday cut its growth forecast for the U.S. economy, saying it now expects the economy to contract rather than grow in the third quarter because of a worse than expected slump in the real estate market.

  • Tue, 06 May 2008 12:00:00 GMT
    KBW Launches Dedicated Real Estate Investment Banking Effort (Business Wire via Yahoo! Finance)
  • NEW YORK----KBW, Inc. , a full-service investment bank that specializes in the financial services sector, today announced the launch of a dedicated real estate investment banking effort with the addition of Michael Hawkins, Robert Woomer and Christopher Hanley.

  • Wed, 30 Apr 2008 18:00:00 GMT
    RREEF Commits to Commercial Real Estate Sustainability Initiative (Business Wire via Yahoo! Finance)
  • NEW YORK----RREEF North America, a part of RREEF Alternative Investments, the global alternatives asset management business of Deutsche Bank's Asset Management division, today announced that it has accepted the "7-Point Challenge" created by the Building Owners and Managers Association International.

  • Sat, 26 Apr 2008 04:01:00 GMT
    Dom Perignon Rose 1959 Vintage Reaches a Record Price of 84,700 Dollars at a Historic Rare Champagne Auction in New York (PR Newswire via Yahoo! Finance)
  • An exceptional auction overseen by Acker Merrall & Condit presented a most comprehensive offering of the finest and rarest champagnes dating from as early as the 1800s to 1996. The auction highlighted the personal collection of New York real estate mogul Robert A.

  • Fri, 25 Apr 2008 01:39:43 GMT
    N.Y.'s top court clarifies role of buyers' real estate agents (Elmira Star-Gazette)
  • New York’s highest court says a real estate buyer’s agent can represent only one bidder for a property, but their agency can represent many competing bidders.

  • Thu, 24 Apr 2008 12:53:49 GMT
    Navigant Partners and BeyondBond Join Forces to Provide Specialized M&A Services to Commercial Real Estate and ... (PRWeb)
  • Navigant Partners, LLC announced today a new partnership with New York-based BeyondBond, Inc. to provide fixed-income analytics and bond collateral due diligence services for commercial real estate and structured finance mergers and acquisitions. By combining structured finance analytics and due diligence services from BeyondBond with the merger and acquisition expertise of Navigant Partners, ...

  • Thu, 24 Apr 2008 22:12:28 GMT
    First Q Sales at Two New York Luxury Condos Reach $99M (Multi-Housing News)
  • New York--Despite the downturn in the housing market, sales for two condominium projects by LCOR, a Berwyn, Penn.-based real estate company, have been exceptionally strong.

  • Thu, 24 Apr 2008 17:24:31 GMT
    NY's top court clarifies role of buyers' real estate agents (WRGB Albany)
  • Albany, N.Y. New York's highest court says a real estate buyer's agent can represent only one bidder for a property, but their agency can represent many competing bidders.

  • Wed, 23 Apr 2008 04:04:10 GMT
    About New York: Real World Doesn’t Give Even an Inch in Real Estate (New York Times)
  • Not an inch of new space for exit stairs has been required in the office buildings that have gone up in New York since Sept. 11, 2001.

  • Tue, 22 Apr 2008 21:40:56 GMT
    US, Australian firms float retail real estate management JV (Calcutta News)
  • Two of the world's leading real estate retail management services - New York-based Jones LangSalle Incorporated (JLI) and Australia's Colonial First State Property Management - have formed a new company, Sandalwood Asia. The joint venture (JV) will concentrate on retail development and management services in Asia.

  • Mon, 21 Apr 2008 14:06:00 GMT
    Trikona Capital Announces Former HUDCO Chairman Dr. PS Rana Joins to Lead Real Estate and Infrastructure Projects in ... (Business Wire via Yahoo! Finance)
  • NEW YORK----Trikona Capital Ltd., the leading fund management firm for institutional investment in Indian real estate and infrastructure, today has announced Dr. PS Rana, former chairman of India's Housing & Urban Development Corp. and 35-year industry veteran, has joined to head the development of real estate and infrastructure projects throughout the country.

  • Sun, 20 Apr 2008 17:48:54 GMT
    A teardrop-shaped island in NY Harbor due for a makeover (AP via Yahoo! News)
  • It's a priceless piece of real estate largely unknown to New York's 8 million inhabitants. From its shore, visitors can see the Statue of Liberty, Ellis Island and the Brooklyn Bridge.

  • Thu, 17 Apr 2008 19:23:16 GMT
    Whopper: Avg. price of Manh. real estate up 41% (Crain's New York Business)
  • A new report from ResidentialNYC.com, managed by The Real Estate Board of New York, says Manhattan real estate is going through the roof.