Headline

Urstadt hands mayor a dollar and a dream

By Konrad Putzier Nine years after proposing that the city buy back Battery Park City, veteran city planners Charles Urstadt and Avrum Hyman have renewed their campaign for the deal. On March 5, New York’s mayor Bill de Blasio received a check for...

Dip in global sales good news for NYC

By Konrad Putzier Global real estate investment fell for the first time in five years in 2014 – but paradoxically that could be good news for the New York market. Worldwide spending on real estate declined by 6.3 percent to $1.21 trillion,...

Rendering of Prodigy Network's 17 John Street.

Crowdfunding breaks the billion

By Konrad Putzier Real estate crowdfunding firms raised $1.014 billion worldwide in 2014, according to a report by research and consulting firm Massolution. Most of that money – $565 million – was raised in North America, more than doubling the...

Planning leader looking to change history

By Konrad Putzier Last summer, Purnima Kapur left Brooklyn behind and moved her office to the Department of City Planning’s headquarters in Lower Manhattan. As the agency’s new executive director, she now oversees its 300 employees and...

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