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Thursday, November 29, 2007

Video: Tribeca & Lower Manhattan development

stoler_o.jpgsitesIt's late. The television drones softly in the background. I lift my face up from the laptop, pick up the remote, and mindlessly surf right into The Stoler Report on CUNY TV causing me to pause and listen in. Suddenly, my channel surfing is not quite as mindless anymore. The show is an engaging round table conversation on property development in NYC. It's host is Michael Stoler of The Sun, NYU and a Senior Principal at Apollo Real Estate Partners. The broadcasts are available online too (RealPlayer required) at The Stoler Report Web site and has been on our recommended sites list since we launched. A couple of recent shows focused on Tribeca and Lower Manhattan development, and will be of particular interest to my readers. They cover residential and hotel developement, retail space, and office leasing in the downtown market.

The first is Developments in Lower Manhattan (30 min.) The guests include Benjamin McGrath of Edward J. Minskoff Equities, Inc., which is completing their mixed use residential/retail development at 101 Warren Street in Tribeca. I visited there Tuesday evening to preview the new Barnes and Nobel. 200,000 square feet of large scale retail space has been built and leased there; with Bed, Bath & Beyond now open too, and an even larger Whole Foods on the way, as the one million square foot building approaches completion. It has fundamentally transformed Greenwich Street on the borderline between Tribeca and Lower Manhattan. 101 Warren St., TribecaAlso on the show are Steven Witkoff of The Witkoff Organization, which did Cipriani Residences at 55 Wall Street; and Joseph Harbert from Cushman & Wakefield commenting on commercial leasing. Next, What’s Happening in Hudson Square & Tribeca (30 min.) focuses on the commercial and retail components of these neighborhoods with Elliott Ingerman, Tribeca Associates; William Rudin, Rudin Management; and Carl Weisbrod, Trinity Real Estate. Interesting talk, and a peak inside the heads of some of the players shaping the landscape of New York City.

related links:
The Stoler Report
Developments in Lower Manhattan (30 min.)
What’s Happening in Hudson Square & Tribeca (30 min.)

updated 12.5.2007

Monday, November 26, 2007

Open House theives nabbed

Jessica Joyner, 39, and Jennifer Jones, 33, who both live in swanky upper East Side digs, were nabbed after being chased from an open house they were allegedly attempting to rip off.
jessica joynerid_news.gifTwo women were arrested on Saturday in connection with a string of thefts at five open houses over the past month according to a report in today's Daily News. The details are still a bit sketchy. The alleged thieves sound as if they are well to do, Upper East Siders. The News reported that "Joyner and Jones bolted from the apartment, but the broker raced after them, getting the license plate number of their getaway car...Using the plate number, cops tracked down one of the women, who gave up her partner". I'm sure that everyone is relieved to know that these two nuisances are off the street. A few updated links are listed below and I'll keep posting the story's bookmarks to the NewsReal sidebar. I attempted to deliver a prudent response to the news by posting about best practices to help keep our open houses productive and safe— a relevant response to the emerging story. Open Houses remain an important tool for sellers. These incidents, as surprising as they seem, are an isolated phenomenon. I've never heard of anything like them occurring before and I think most in the business would agree.

I want to take a moment to commend Doug Heddings at True Gotham for breaking the story, after being victimized by the perpetrators. He helped to mobilize awareness, and the story quickly spread throughout the real estate community. The momentum began at his blog, and resonated throughout the internet on Curbed, Urban Digs and of course, here on That raising of the bar probably helped discourage any further thefts by the duo, and put some media pressure on the NYPD to quickly apprehend the suspects. I'm pleased to report that his client's had their jewelry safely returned. Way to go Doug and NYPD!

related stories:
Open Houses Are Safe Once Again (
The bold and "looty-ful" (New York Post)
Open House Theft Suspects Wanted in N.J. (New York Sun)

Thursday, November 22, 2007

real estate purchases great and small

sitesYou've been nice, so treat yourself to that new penthouse loft you so well deserve this holiday season, or if your budget is a little tighter, get a book about decorating one. Either way, start your search here. As we take a break for Thanksgiving, and start thinking about holiday gifts, I hope that you'll visit the bookshop. You can choose from a massive selection and great prices, on titles about real estate, investing, New York City, architecture, home design and every other category you can think of; plus use our search page to find any item available on I'm sponsoring the development and hosting of this page for Corcoran Cares, created by Corcoran Group agents to give back to the communities we live in and serve. Its powered by Amazon so you'll have secure transactions, prompt delivery, and even a familiar experience when shopping for all of your holiday gifts. Click the image below to visit the live bookshop, or choose the link from above the logo at anytime.

the bookshop

Thursday, November 15, 2007

"love the apartment, but it's too noisy"

home designThe throbbing pulse of Manhattan is what's so attractive about this city, but something that many of us would rather not have follow us into our homes. What can be done about that street noise? A pretty common question that I get from customers who find an apartment they love, but on a very busy street. Many have turned to solutions like cityproof windows which can quite effectively soundproof an apartment. I was asked that question just today and remembered this video clip from Open House New York, so here it is for that customer, and the rest of sometimes noisy Manhattan too.

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