Category : Featured

FeaturedResidential

Happy days here again for residential market?

REW Staff
by REW Staff724
By Al Barbarino “It is starting to feel like old times,” in the housing market, according to Corcoran Group CEO Pamela Liebma. Releasing the company’s first quarter reporter, Liebman said, “The Manhattan market is not in a recovery, it’s ready to run a marathon.” While median home prices showed little to no change since last year, the number of transactions rose, inventory shrank and there were fewer price cuts.
Deals & DealmakersFeatured

Digi’ driving office leasing rebound

REW Staff
by REW Staff637
By Al Barbarino Digital companies are picking up the slack in the financial sector, boosting the health of the city’s commercial real estate market in unison with a strong rebound in the labor force, the latest reports from Cushman & Wakefield show. At the firm’s Commercial Real Estate Outlook: First Quarter 2012 breakfast yesterday (Tuesday), company executives highlighted Manhattan rent increases and tight vacancy rates fueled by information/media companies. The sector leased more space than financial services for the first time ever during the first quarter of 2012.
Deals & DealmakersFeatured

Eastern Consolidated continues to add brokers

REW Staff
by REW Staff758
The expansion of Eastern Consolidated continued this week with news two former business owners have joined the company.. “We are delighted to welcome the creativity and leadership that [our newest investment sales brokers] bring to the table as we expand professionally to offer additional services in an accelerating market,” said Daun Paris, president of Eastern Consolidated. The appointments come on the heels of former Marcus & Millichap vice president Adelaide Polsinelli and Skyline Properties founder Robert Khodadadian’s move to the firm and are among several expected to be announced in coming weeks.
Deals & DealmakersFeaturedHeadline

Dock Builders side with the New York City District Council of Carpenters

REW Staff
by REW Staff969
By Al Barbarino A group of 700 city dock workers voted today to stick with the New York City District Council of Carpenters instead of joining Amalgamated Carpenters and Joiners Union, a competing union with alleged mob ties. “Today, New York City Dock Builders have made a clear choice to remain affiliated with the New York City and Vicinity District Council Carpenters,” said District Council leader Michael Bilello, in a statement released just after the votes were tallied. “We had faith in their prudence that was in the best interest of themselves and their families.
Deals & DealmakersFeatured

Mobbed up? Not us says union leader on eve of crucial membership vote

REW Staff
by REW Staff1679
By Al Barbarino The leader of a breakaway construction union said this week he wants to “set the record straight” before a group of dock builders vote on who they want to represent them. Angelo R. Bisceglie, Jr., founding president of Amalgamated Carpenters and Joiners Union, slammed allegations by the New York City District Council of Carpenters that his union’s leadership is affiliated with the mob, calling claims that he has ties to the Genovese and Colombo crime families “ridiculous.”
Brokers WeeklyFeatured

Take a peek at the new Apthorp

REW Staff
by REW Staff
By Roslyn Lo One of the last great all-rental Manhattan masterpieces, The Apthorp is slowly but surely carving out a new position in the city’s … Continued
Brokers WeeklyFeatured

New York’s Euro Zone

REW Staff
by REW Staff
By Liana Grey For the last few months, Sam DeFranceschi, a sales associate at Nest Seekers International, has been marketing a one-bedroom loft near the … Continued