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	<title>Observer &#187; In This Week&#8217;s Observer&#8230;</title>
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		<title>Observer &#187; In This Week&#8217;s Observer&#8230;</title>
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		<title>In This Week&#8217;s Observer&#8230;</title>

		<comments>http://observer.com/2008/12/in-this-weeks-iobserveri-61/#comments</comments>
		<pubDate>Tue, 02 Dec 2008 23:49:13 -0400</pubDate>
					<link>http://observer.com/2008/12/in-this-weeks-iobserveri-61/</link>
			<dc:creator>Tom Acitelli</dc:creator>
				
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		<description><![CDATA[<p><img class="alignleft" src="http://nyoobserver.files.wordpress.com/2011/06/rubinstein_2_0.jpg?w=300&h=152" />Billionaire babies keep buying up Manhattan--<a href="http://www.observer.com/2008/real-estate/billionaire-baby-boom-another-big-buy-16-5-m-east-91st-townhouse">the latest drops $16.5 million on East 91st</a>.
<p>Self-storage developer Adam Gordon <a href="http://www.observer.com/2008/real-estate/self-storage-king-asks-61-m-townhouse-and-bond-street-castle-grand-decay">asks $61 million for townhouse and castle</a>.</p>
<p>Xerox's CEO, an Obama transition adviser, <a href="http://www.observer.com/2008/real-estate/xerox-ceo-and-obama-transition-aide-sells-condo-novartis-boss-3-8-m">sells her condo to Novartis boss</a>. </p>
<p>The Ciprianis push for landmarking the Rainbow Room. <a href="http://www.observer.com/2008/real-estate/ciprianis-push-rainbow-room-landmarking">Will the Speyers push back?</a></p>
<p>Rohit Aggarwala runs Bloomberg's PlaNYC, <a href="http://www.observer.com/2008/real-estate/crisis-or-not-sticking-planyc">in good times and in tough ones</a>.</p>
<p>Party's over! Manhattan's higher-end rental market grapples <a href="http://www.observer.com/2008/real-estate/luxe-flux">with the financial crisis</a>.  </p>
<p>Commercial brokers find themselves as ersatz Dr. Phils. <a href="http://www.observer.com/2008/real-estate/brokers-shrinks">To the couch!</a> </p>
<p>Manhattan about to exit fourth quarter with <a href="http://www.observer.com/2008/real-estate/baby-it-s-cold-out-there-fourth-quarter-set-record-grand-total-two-manhattan-buildi">only two sizable building trades</a>.</p>
<p>Starbucks plans <a href="http://www.observer.com/2008/real-estate/starbucks-add-city-locations-tall-order-includes-manhattan-spots">city expansion</a>.</p>
<p>Belgian flower sensation opening <a href="http://www.observer.com/2008/real-estate/business-blooming-belgian-open-dumbo-flower-school">a floral school and shop in Dumbo</a>.</p>
<p>A law firm joins the rush <a href="http://www.observer.com/2008/real-estate/law-firm-latest-hang-shingle-distressed-property-assets">of new distressed assets groups</a>.  </p>
<p>Mark Thomas Adamei, owner of Delicatessen, <a href="http://www.observer.com/2008/real-estate/restaurant-has-bull-s-eye">talks about the faux deli's bad rap</a>. </p>
]]></description>
		<content:encoded><![CDATA[<p><img class="alignleft" src="http://nyoobserver.files.wordpress.com/2011/06/rubinstein_2_0.jpg?w=300&h=152" />Billionaire babies keep buying up Manhattan--<a href="http://www.observer.com/2008/real-estate/billionaire-baby-boom-another-big-buy-16-5-m-east-91st-townhouse">the latest drops $16.5 million on East 91st</a>.
<p>Self-storage developer Adam Gordon <a href="http://www.observer.com/2008/real-estate/self-storage-king-asks-61-m-townhouse-and-bond-street-castle-grand-decay">asks $61 million for townhouse and castle</a>.</p>
<p>Xerox's CEO, an Obama transition adviser, <a href="http://www.observer.com/2008/real-estate/xerox-ceo-and-obama-transition-aide-sells-condo-novartis-boss-3-8-m">sells her condo to Novartis boss</a>. </p>
<p>The Ciprianis push for landmarking the Rainbow Room. <a href="http://www.observer.com/2008/real-estate/ciprianis-push-rainbow-room-landmarking">Will the Speyers push back?</a></p>
<p>Rohit Aggarwala runs Bloomberg's PlaNYC, <a href="http://www.observer.com/2008/real-estate/crisis-or-not-sticking-planyc">in good times and in tough ones</a>.</p>
<p>Party's over! Manhattan's higher-end rental market grapples <a href="http://www.observer.com/2008/real-estate/luxe-flux">with the financial crisis</a>.  </p>
<p>Commercial brokers find themselves as ersatz Dr. Phils. <a href="http://www.observer.com/2008/real-estate/brokers-shrinks">To the couch!</a> </p>
<p>Manhattan about to exit fourth quarter with <a href="http://www.observer.com/2008/real-estate/baby-it-s-cold-out-there-fourth-quarter-set-record-grand-total-two-manhattan-buildi">only two sizable building trades</a>.</p>
<p>Starbucks plans <a href="http://www.observer.com/2008/real-estate/starbucks-add-city-locations-tall-order-includes-manhattan-spots">city expansion</a>.</p>
<p>Belgian flower sensation opening <a href="http://www.observer.com/2008/real-estate/business-blooming-belgian-open-dumbo-flower-school">a floral school and shop in Dumbo</a>.</p>
<p>A law firm joins the rush <a href="http://www.observer.com/2008/real-estate/law-firm-latest-hang-shingle-distressed-property-assets">of new distressed assets groups</a>.  </p>
<p>Mark Thomas Adamei, owner of Delicatessen, <a href="http://www.observer.com/2008/real-estate/restaurant-has-bull-s-eye">talks about the faux deli's bad rap</a>. </p>
]]></content:encoded>
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