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Year in review.

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January

Amid a city-wide sales slump, home prices in Brooklyn & Queens show highest price increases in REBNY report; Apartment owners and managers lift the lid on problem of hoarding in New York City; BHS broker Lisa Lippman lists a $20M unit at Detail's 535 West End Ave; Rick Wohlfarth is named president of Manhattan Association of Realtors.

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February

Developer Gerald Guterman throws his hat in ring to buy Stuyvesant Town complex; Douglas Elliman launches a $100,000 scholarship at NYU as Lawrence Rich heads back to the firm after a brief stint at CORE. Building Congress reports rise in residential building permit applications as the trend grows for super-sized apartments; Heller heads ambitious Harrison Station, NJ, development project.

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March

Related opens MiMa in Times Square; Douglas Steiner plans 50-story Brooklyn tower, The Hub; TOWN opens its 6th office; Hartz Mountain & Roseland announce they'll build a 1,000-unit apartment complex in Jersey City if the state revives a tax credit program for builders; Silverstone plans a turnaround at 247 E28th; and Douglas Elliman opens office in LIC.

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April

Boom in borough business promps office openings by Halstead, Modern Spaces, aptsandlofts; First quarter reports show sales up and prices stabilizing; Andau announces plan to build Citizen on W23rd St; The Edge in Brooklyn is named top selling condo for 4th quarter in row; REBNY produces guide to help apartment managers create non-smoking buildings.

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May

LeFrak Organization unveils ambitious plans for Newport on Jersey waterfront; National Arts Club shows off newly renovated apartments; Melanie Lazenby follows her famous dad into TV with role on WNBC; Charles Rutenberg Realty says it will hire 100 commercial brokers; DE's Jacky Teplitzky opens outpost in Florida; Heddings Property Group & Spire Group announce expansions.

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June

Warmer weather sees brokers start to play up outdoor amenities; As rents continue to rise, more people are looking to share apartments; Condo market returns with a vengeance, but nothing's out there to buy; After reclaiming 225 Rector Place from corrupt Yair Levy, Related Companies re-launches the Battery Park property; Homeowners gearing up to rent to Formula One race spectators.

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July

As town officials face allegations that racial discrimination caused them to disallow it, affordable housing blossoms on Long Island; Foreign buyers dominate US housing market; Richard LeFrak opens Rego Park's most luxurious rental, The Contour; City launches competition for 300 s/f 'micro' apartments; Anthony Lolli says he's expanding his Rapid Realty again.

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August

Mark Zuckerberg's 1.05 percent mortgage rate leaves everyday homeowners with their mouths ajar; Patricia J. Petersen, of Daniel Gale Sotheby's International Realty (DGSIR) earns Lifetime Achievement Award from international group; New York University's plans to expand in the West Village has brokers looking to future; Halstead partners with helicopter firm for suburban listings photos.

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September

Power broker Dolly Lenz joins advisory board of "wellness" real estate developer Delos; StreetEasy reports that Manhattan condo sales are up 26.7% from last year; BOND leads trend in foreign language websites; $88M sale at 15 CPW pushes luxury price per foot to $10,000; Warburg Realty opens new Madison Ave. HQ; Zeckendorf opens 18 Gramercy Park to rush of sales.

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October

Manhattan Association of Realtors runs workshop for dealing with foreign buyers; NYC home sales at highest since Lehman collapse; Stribling opens Brooklyn office; Exotic pet trends giving brokers pause for thought; Keller Williams says the franchise is expanding; Trump Organization launches new luxury residential brokerage; Stephen Kliegerman earns Lifetime Achievement Award at annual REBNY gala.

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November

City facing emergency housing crisis in wake of Hurricane Sandy; Modem Spaces opens in Manhattan; Neil Binder's Bellmarc Group buys A.C. Lawrence; Zeckendorf breaks ground on 50 UN Plaza; The term evacuation zone hits top of apartment hunters' wish list; TOWN Residential plans new offices in SoHo and Gramercy Park; Corcoran hits airwaves with first live TV commercial.

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December

At $150,000 a month, Manhattan mega-rentals soar to new heights; Elizabeth Ann Stribling-Kivlan named president of venerable brokerage; Dermot Co. breaks ground on new apartment tower at West 61st Street; Brokers help Sandy victims find homes for the holidays; Manhattan Apartments closes and AC Lawrence takes over its office space; Apartment hunters shop for bargains in tight market.

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Title Annotation:home price increases; home selling increases; housinh rent increases
Comment:Year in review.(home price increases)(home selling increases)(housinh rent increases)
Publication:Real Estate Weekly
Geographic Code:1USA
Date:Dec 26, 2012
Words:732
Previous Article:New listings.
Next Article:Development partners pay $50M for Hell's Kitchen site.
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