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Posts Tagged ‘alternative financing’

[Video] Fox Business ‘Risk & Reward’ w/Deirdre Bolton 6-25-15

June 25, 2015 | 10:39 pm | |

Always enjoy having a conversation with Deirdre Bolton. Her new show was moved to a new studio and given a prime time slot. I’m dropping in again next Thursday at 5:30pm ET.

Tonight we spoke about this WSJ piece: Call It a Comeback for Risky Home Buyers.

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Bloomberg View Column: Giant Condo Tower Needs More Billionaires

September 29, 2014 | 2:26 pm | | Charts |

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Read my latest Bloomberg View column Giant Condo Tower Needs More Billionaires. Please join the conversation over at Bloomberg View. Here’s an excerpt…

In post-crash Manhattan’s high-end real estate, few projects loom larger or more visibly than the 1,004-foot-high One57, the tallest residential-hotel building in New York. This is a rarefied market, with two penthouse units selling for more than $90 million each, including one to hedge-fund baron Bill Ackman.

Amid all the hyperventilating about the tower, including complaints that it’s out of scale with the neighborhood, it’s poorly reviewed design and that it casts an afternoon shadow on Central Park in the winter, the little known fact is that the 92-unit building seems to be less of a hit with buyers than one might glean from the PR machine….

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