By Dana Rubinstein 8/26/08 10:21pm

Slump Dooms Brokers, Architects

By year’s end, some of commercial real estate’s freshest young brokers will give up on the somnolent field and start searching for a new line of work, according to the industry’s older hands.

“This is a cliché, but this is the time when the men are separated from the boys,” said Cory Zelnik, of Read More

By Tom Acitelli 6/27/08 4:03pm

Fresh Round of Recrimination? Manhattan Market Reports Due

The second-quarter Manhattan housing market reports will be out by Wednesday morning of next week. Last time they hit, for the first quarter, the reports caused quite the kerfuffle, including internal company e-mails and a New York Times article trying to sort the whole thing out.

Basically, it went like this: Prudential Douglas Elliman and Read More

By Lysandra Ohrstrom 4/16/08 5:31pm

Long Island City Condos Boost Housing Prices in Queens

Sorry, outer-borough bargain-hunters; the median sales price in Queens actually increased slightly to $498,500 in the first quarter of 2008, compared to $492,900 in the same period last year, according to Prudential Douglas Elliman’s Q1 2008 Long Island/Queens Market Report.

Credit all the new high-end developments coming on-line, not increasing demand, for the price Read More