In This Week’s Observer…

matthewmonianhamilton In This Weeks Observer...What the loss of Lehman Brothers means for the luxury market?

Edgar Bronfman Jr. nabs another trophy property–the Muppets mansion!

A hedge funder buys a Park Avenue condo for $25 million.

The bright side of the Wall Street mess!

David Paterson goes where governors go: Moynihan Station.

Why is Dennis Kucinich so worried about the new Yankee Stadium?

Robert Lieber, the deputy mayor for economic development, talks tough.

Where the first-time Brooklyn buyers are buying.

Declaring winners in the Manhattan office market–despite Wall Street.

A $2 billion deal nears on two former Macklowe towers.

A convent on Convent Avenue?!?

Twenty-one Upper Manhattan buildings trade for $54 million.

Meet Matthew Moinian, the 23-year-old developer of the W Downtown.