Stratospheric Sales

Imagine having it all?

Yours For Just $72 Million: Another Man’s Broken Dream

The late Howard Ronson and his family had a dream—a dream of making the mansion at 828 Fifth Avenue whole again, as it was in the glorious days when coal magnates commissioned Fifth Avenue manses and robber barons ruled the land. But sometimes dreams die.

After a buying spree that netted four of the nine luxurious co-op units in the building, the family is giving up, The Wall Street Journal reports.

The family has decided to give one lucky buyer—a “person with vision”—the chance to purchase their failed dream for $72 million. Read More

Lien and Mean

A great tragedy of the subprime mortgage meltdown of 2007 and 2008 is the abundance of property owners who lost their homes or apartments to foreclosure. So there was some mild cause for hope when first-time foreclosures in New York City fell to 170 in December, a 12-month low.

Could it be that the Read More

More Real Estate Coal: No Corcoran Holiday Party!

Remember 2006? When New York City was in the middle of its giddiest real estate run in the history of giddiness? Remember that the Corcoran Group’s holiday party was set in a faux-Roman palace, decorated with lightly-dressed actors in vintage costumes? Around 900 people drank up and patted each other on the back and talked Read More

Corcoran CEO On the End’s Beginning

Location: About your new market report with PropertyShark, is this an attempt to challenge the Douglas Elliman-Miller Samuel juggernaut or to gain greater name recognition in the industry?

Ms. Liebman: The Corcoran Report, which we started in the ’80s, was actually the first report to ever come out in Manhattan, so Read More

Corcoran Hamptons Update: ‘World-Class Watering Hole’


Pam, Hamptons-bound

Monolithic real estate firm NRT acquired Bridgehampton’s Allan M. Schnieder Associates this afternoon. (Sales prices, sadly, were not disclosed). Schneider will be absorbed into the Corcoran Group, thus combining the East End’s two biggest real estate brokerages.

We talked to the young couple, including Corcoran CEO Pam Liebman and Schneider principals (now Read More

Toga! Toga!


In December, Barbara Corcoran told The Observer that if she wasn’t invited to the Gods and Goddesses-themed holiday party, she would probably crash it.

We’re actually not sure if Babs ever made it, but from the sound of this “event report,” Corcoran CEO Pam Liebman was definitely in control of the festivities. Read More