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What does it take to succeed in New York City real estate? John Burger might tell you it comes down to the personal touch: Working with only an assistant, answering his own phone, and pruning his number of clients so each one gets personal attention. The strategy continues to pay off, as Hayley Kaplan reports in the June issue, now available online. The Brown Harris Stevens broker was No. 1 for the second consecutive year The Real Deal‘s annual ranking of Manhattan’s top listing agents.
Another industry veteran, SL Green Realty CEO Marc Holliday might cite his competitive nature. In a profile, Hiten Samtani examines how the executive is piloting the real estate investment trust to new heights.
Meanwhile, a whole borough is taking off across the Hudson River, as the gap between Brooklyn and Manhattan home prices and rents continues to narrow, as Katherine Clarke reports in a story on “the not-so-outer-borough.”
And some fresh players are also trying to make it in the industry: Adam Pincus looks at new investment firms that have each spent upwards of $80 million since 2010.
We also look at the priciest Hamptons home sales of the past 12 months; the contentious dealings of Local 14, the crane operators union; and the difficulty of enforcing new broker advertising rules.
Finally, in our Closing interview, we sit down with Ken Horn, the president of Alchemy Properties, and learn how he earned the nickname, “Good Humor man.”
To see the complete issue, click here or on the “Magazine” tab at the top of the website. —Leigh Kamping-Carder
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