In the News


1/31/12:  NYC hotel sales reach all-time high in 2011:  “New York transaction activity in 2011 was driven by the perfect combination of strong operating fundamentals, quality product being brought to market and unprecedented real estate investment trust appetite.”  Read about it at the Real Deal

2/1/12:  Tavern on the Green tour yields a few surprises:  More than 100 restaurateurs attended the Parks Department’s tour of the famed former eatery, as city solicits bids for a new operator. The new rules? Forget the fairy lights and fancy parties in a space now half its former size.  Read about it at Crain’s New York 

2/2/12:  Manhattan Townhouse Decade Report Released:  The year 2011 saw a 21.8% increase in Manhattan townhouse sales, with the most sold since the credit crunch began.  Read the whole report at Prudential Douglas Elliman 

2/2/12:  Manhattan Families Forsake Suburbs for Sprawling Apartments:  “In looking at real estate trends over the past 10 years, the Elliman report found that the past two years saw the most sales of three- and four-bedroom apartments”.  Read about it  at DNAinfo

2/3/12:  Lloyd Goldman buys UES Retail building for $13M:  “Property owner Lloyd Goldman is on a bit of a roll. He’s closed on or in contract to buy at least three small retail properties over the last four months in Manhattan and says there are more to come”  Read about it at the Real Deal


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