Awards

Ann Ferguson of Klara Madlin Real Estate.

Nicholas Palance and Ann Ferguson Snag REBNY’s Residential Deal of the Year Award

Square footage was the first thing on our minds when we walked into REBNY’s Residential Deal of the Year Awards. The Metropolitan Pavilion space was so cavernous that despite a sizable crowd of brokers chatting over cocktails it still felt oddly empty, with a cold draft drifting in from the entrance. Nor did the flickering candles grouped on the tables contribute much warmth or intimacy, but we appreciated the gesture—a nice reminder that we were among those who sold residential real estate for a living.

Shivering, The Observer walked into the scrum of darkly-clad revelers and found ourselves standing next to Halstead president Diane Ramirez. She planted a kiss in the air some ten inches to the left of our cheek and encouraged us to buy raffle tickets in support of REBNY’s “residential member in need fund.” The charity was the real point of the evening, she told us, gentling nudging us toward the table before flitting off. Read More

lease beat

'Selling New York' Stars Expanding in Flatiron

The Core Group, whose role in the Selling New York realty reality series might just inspire a generation of eager young residential brokers, is expanding. 

The firm has taken 5,500 square feet for 10 years at the Kaufman Organization’s 100-104 Fifth Avenue. The brokers who hawk high-priced apartments with a certain Miami Beach flair also have a retail location at 127 Read More

Your Brokers on the Ballyhooed Manhattan Market Reports

“I glance at them,” said John Burger, a top co-op broker at Brown Harris Stevens, “but Manhattan is really eight different markets, and none of them really address the nuances.”

Mr. Burger was talking about the third-quarter Manhattan housing reports from various brokerages that came out last week, and he didn’t have much good Read More

Your Open House: LIC (the ‘C’ Stands for Convenience)

Both the Foundry and L Haus, two Long Island City condo developments marketed by Prudential Douglas Elliman, seemed to be presenting themselves as urban oases—nooks of green in Queens. They offered outdoor space aplenty, plant-oriented décor in their sales offices, enormous bathtubs, green literature and logos, and, in the case of L Haus, a lime Read More

Weather at Distressed Investing Conference: Mostly Cloudy

As a thunderstorm raged outside, the mood of dozens of real estate investors at Wednesday’s Distressed Investing Leaders Forum at One World Financial Center was that of general gloom.

“The most optimistic thing I heard today is we won’t be like Japan. It won’t be 20 years,” said Jan Jekielek, the Epoch Times’ director Read More