FINDING VALUE OTHERS OVERLOOK

PRESS

Featured News

SEPTEMBER 20, 2018

Roundtable: Upscale hotel development prioritizes limited service
- Hotel Management

JULY 2, 2018

Courtyard by Marriott Lower Manhattan, New York City
- Metal Architecture

JUNE 1, 2018

Embassy Suites by Hilton, Midtown Manhattan
- Family Traveller

MAY 30, 2018

What Makes Embassy Suites At Hilton Midtown A Great Staycation Destination
- Forbes

Archives

SEPTEMBER 1, 2012

GETTING DIRTY

- The Real Deal


Featuring Abraham Hidary on land deals in Manhattan

Industry analysts continue to debate whether the New York City real estate market
has recovered, but there's no question that land prices here have. In some cases,
development sites are trading for close to - and even exceeding - the levels they hit
just before the 2008 financial crisis.

Eager developers, encouraged by lenders with a newfound willingness to write loans
for construction projects, are acquiring development sites across the city, pushing up
land prices. According to data compiled for The Real Deal by real estate firm Property-
Shark and the commercial brokerage Massey Knakal, the gains in price and volume
are being driven by a flurry of activity in Manhattan and Brooklyn.

 

VIEW FULL ARTICLE 

2012-September