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The ‘Dangerous’ Ruling To Cut Down Skyscraper Could Reset Playing Field For NYC Developers


Credit: SJP Properties/Mitsui Fudosan America  – 200 Amsterdam A stunning decision from the New York State Supreme Court that could force developers to tear down already-built floors from their Manhattan skyscraper could have massive implications for other buildings in the city under construction — and possibly some that are already built. BISNOW

The squeeze on resi brokerages is forcing consolidation, cooperation


Residential firms are going lean. Call it a sign of the times that these days brokerage executives show off their smarts by pulling out financial statements and reviewing expenses line by line. “Everybody is doing that right now,” said Steve Murray, president of Real Trends, which analyzes brokerage valuations. The question is whether they’re making… Read more »

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