NEW YORK CONSTRUCTION COSTS/ECONOMY SET TO RISE?

Posted by Leonard Steinberg on July 8th, 2011 The past few weeks have been a hive of activity with developers snapping up development sites throughout the city: yes, the new development market is waking up and it is waking up with a LOUD BANG. These are some of the projects in the pipeline:  The Drake… [Read More]

TOY BUILDING SELLS – WITKOFF IS THE WINNING BIDDER

Posted by Leonard Steinberg on June 30th, 2011 The Witkoff Group won in the bidding for the Toy Building, the Madison Square Park landmark once slated to be condominiums by developer Yitzhak Tessler. Supposedly the bidding was fierce with competitive bidders S.L. Green and Macklowe losing out on the purchase of this magnificent structure that… [Read More]