The housing bust has finally clobbered super-pricey Manhattan home prices.
How can you avoid losing your shirt in this market? By paying less for it.
Welcome to my first mailbag. I've shortened and edited most of these questions for clarity, and I'm identifying the authors by initials or the screen names they used.
The national housing slump is finally crashing at the shores of Manhattan island, which had its worst quarter in years, according to several industry reports released on Thursday.
Your Honor, for many years up until my arrest on December 11, 2008, I operated a Ponzi scheme through the investment advisory side of my business, Bernard L. Madoff Securities LLC, which was located here in Manhattan, New York, at 885 Third Avenue.
Home prices in Manhattan held up remarkably well in the fourth quarter, despite the economic crisis.
Just as consumers are becoming increasingly tech-savvy, so are the brands that target them.
The crisis on Wall Street hasn't hit the high cost of Manhattan real estate, but the economic slowdown has curbed the number of deals in the Big Apple, according to reports out Friday.
On September 11, 2001, Kathryn Freed watched from two blocks away as a plane hit the World Trade Center's north tower.
Even the lofty Manhattan real estate market is beginning to soften, according to reports released Wednesday by four of the city's top real estate agencies.
The housing bust has finally clobbered super-pricey Manhattan home prices.
How can you avoid losing your shirt in this market? By paying less for it.
Welcome to my first mailbag. I've shortened and edited most of these questions for clarity, and I'm identifying the authors by initials or the screen names they used.
The national housing slump is finally crashing at the shores of Manhattan island, which had its worst quarter in years, according to several industry reports released on Thursday.
Your Honor, for many years up until my arrest on December 11, 2008, I operated a Ponzi scheme through the investment advisory side of my business, Bernard L. Madoff Securities LLC, which was located here in Manhattan, New York, at 885 Third Avenue.
Home prices in Manhattan held up remarkably well in the fourth quarter, despite the economic crisis.
Just as consumers are becoming increasingly tech-savvy, so are the brands that target them.
The crisis on Wall Street hasn't hit the high cost of Manhattan real estate, but the economic slowdown has curbed the number of deals in the Big Apple, according to reports out Friday.
On September 11, 2001, Kathryn Freed watched from two blocks away as a plane hit the World Trade Center's north tower.
Even the lofty Manhattan real estate market is beginning to soften, according to reports released Wednesday by four of the city's top real estate agencies.
A former inspector accused of lying about examining a crane that later collapsed in midtown Manhattan and killed seven people has pleaded not guilty in a New York City court
Ruslana Korshunova, 20, leapt from the balcony of her New York apartment
Investigators probing last week's fatal collapse of a construction crane are looking into whether a part of the machine had been returned to service without proper repairs, the Manhattan district attorney's office said Monday.
Manhattan apartment prices hit fresh record highs in the first quarter of 2008, even as the rest of the country was reeling from the mortgage meltdown.
A seventh body has been pulled from the site where a crane collapsed Saturday on the East Side of Midtown Manhattan, New York police said Monday.
A vacant apartment building in Manhattan that locals say appeared to be falling apart for months collapsed Tuesday, officials said.
Manhattan real estate continues to buck national trends - New York home prices soared during the last three months of the year, according to several surveys released Thursday.
Humans can now officially be called an urban species. More than half of the global population now live in cities and the United Nations says that by 2030, 60 percent of us will live in them.
Take the family out this weekend: Richard Corliss picks the top three must-see Christmas spectacles in the Big Apple
Neither high gas prices nor falling home values deterred customers from lining up and plunking down cash at Manhattan electronics stores Friday, and deep price cuts helped big ticket items go fast.
Despite a housing slump across the rest of the nation, home sellers in New York City are selling houses faster with the number of listings reaching a two-year low, according to data released Tuesday.
Manhattan's tower of steam is just one more dramatic example of the cost of letting urban infrastructure deteriorate
A real face lift
Big cities are turning to new technologies and theories to try to relieve an old problem: traffic congestion
A small boutique office building on Park Avenue and 57th Street - Bloomingdale Country - has sold for nearly $1,600 a square foot, a total of $510 million. That represents a huge increase from 2002, when it was last sold for $158 million, or about $492 per square foot.
Department store chain J.C. Penney announced Wednesday that the company will be opening its first-ever location in Manhattan.
Car rental company Hertz is debuting an hourly car rental service at three Manhattan locations Tuesday.
The price of a slice of the Big Apple was on the rise in the first quarter, reversing a slight decline in the fourth quarter of 2006, according to several reports released Tuesday.
The once-bulletproof Manhattan housing market suffered a minor setback during the fourth quarter of 2006, according to the latest figures from two of the leading New York City real estate brokers.
In a cash deal valued at $965 million the Seminole Tribe of Florida purchased the Hard Rock cafe, hotel and casino business in a first-of-its-kind deal between the Native American tribe and Hard Rock's foreign parent company, both parties announced Thursday.
Weekdays, Walt Wright suits up for business in a prestigious actuarial-consulting firm in New York City. Come the weekend, this land-bound Superman changes into his khaki shorts, sturdy windbreaker and beloved Mephisto shoes. A member of Shorewalkers, the local group that puts on dozens of New York pedestrian adventures year-round, Walt created and leads one of the organization's most ambitious itineraries -- the New York Bridge Walk. His path turns anonymous asphalt into a front-row balcony for dramatic views that bracket the shores of Manhattan.
The attacks of September 11, 2001, reshaped the face of the nation and the course of history. Our lives and the lives of those to come -- not just here in New York or the United States, but around the globe -- have changed forever.
As signs mount of a slowing real estate market, the "vultures" are beginning to circle. But home prices may still have to fall further to create the bargains they crave.
Manhattan apartment prices have either stopped dead or have continued their upward trajectory. Two reports released Thursday gave conflicting reads, though both point to signs of softening.
Where are the best values in spa vacation? Budget Travel magazine picked their favorites in different regions around the nation.
Like most people, I don't find it especially difficult to count the number of times in my life I've heard someone say, "If only there were a gym exclusively designed for golfers." It's pretty easy ...
Vodka martinis. Vodka and tonic. Vodka gimlets. These days it's vodka vodka vodka. It's hip. It's clear. It mixes with everything - and it's fashionably expensive. But what happened to gin - one of the alcohols that cocktails were originally created to dilute?
After pausing during the last two quarters of 2005, Manhattan real estate rebounded sharply in the first quarter of 2006, according to two reports issued Tuesday. But analysts pointed to several signs of weakness.
About 3.6 million people make their way onto New York's Manhattan Island every working day, creating some of the world's worst traffic jams.
You don't have to own them, store them, restore them or insure them. Just write a check once a year and drive them.
Many a famous landmark hotel sits on land that has become too valuable for the hotel's own good. The result has been a spate of grand old inns being converting to condo residences.
Manhattan real estate may have hit a wall -- albeit a very high one. The last half of 2005 saw home prices lag, according to two new reports from Manhattan brokers.
The most surprising debut in the just-released--and hotly debated--Michelin Guide New York City 2006? A Manhattan pub called The Spotted Pig earned a coveted one star, putting it on equal footing w...
Ta dah! To nobody's surprise who has ever lived -- or even visited -- there, Manhattan is the most expensive place in the United States.
Homes in Gotham got a little more affordable in the third quarter...or rather, prices dropped, but they still remained in nosebleed territory for most people.
New York County, better known as Manhattan, has the best-paid workers among the 50 U.S. counties with the most businesses, according to a new report from the Census Bureau.
Manhattan's residential property market keeps getting hotter, but despite the record-high price levels, buyers aren't shying away, a new survey released recently shows.
It's not unusual to find strangers lurking in Janet and Peter Lessem's Manhattan brownstone, fingering the cutlery, peeking in the medicine cabinet, sleeping Goldilocks-style in the beds. But the L...
New York City's efforts to land the 2012 Olympics have produced one of those only-in-New-York spectacles for the city's residents.
It's not unusual to find strangers lurking in Janet and Peter Lessem's Manhattan brownstone, fingering the cutlery, peeking in the medicine cabinet, sleeping Goldilocks-style in the beds.
One recent workday, product designer Przmek Godycki was among the early-morning bonbon buyers at premium chocolate shop Jacques Torres in Manhattan.
Pete Hamill's Manhattan never gets old.
Something's afoot in Harlem.
Kitchen renovations are among the most expensive home-improvement projects, but it's possible to give a tired kitchen new life without breaking the bank.
A protest group planning a large anti-President Bush rally the day before the Republican National Convention opens has told the New York City Police Department that it will not use the site designated for it by the city.
The average price of a Manhattan apartment has topped $1 million for the first time, according to a new survey.
Cities across the United States are squeezing extra blood from a reliable old stone: parking fines, and revenues from them, have soared.
Part of a balcony at a Midtown Manhattan hotel fell 15 stories Friday morning, injuring at least two people, authorities said.
"55188"
CEOs used to have an important rite of passage: When a company reached a certain level of grandeur, the chief executive hired a major architect to design a new headquarters, a trophy building symbo...
TOP QUALITY, TOP PRICE
In a luxuriant private courtyard garden on the east side of Manhattan, in a neighborhood known long ago for its turtle population and known now for its celebrity inhabitants, writer E.B. White had ...
As the smoke finally clears around the ruins of the World Trade towers, much has changed. We survey a landscape that is stark and unfamiliar. We don't know what comes next.
A month after terrorists destroyed the Twin Towers, it's far from business as usual in lower Manhattan. Car traffic is still limited, and the pedestrians on whom most small businesses relied aren't...
When it comes to real estate, location is, of course, everything. So it's no surprise that on the first day of trading following the World Trade Center attacks, stocks of real estate investment tru...
Good design is not a new idea, but it's an excellent one for our times, when money is spent to reflect taste and not merely the spender's capacity for extravagance. Unlike terms such as "luxury" or...
In a city where it's easy to lose your bearings, the Twin Towers were a compass point. You could always find your way by searching for the two 110-story edifices looming above the skyline. They tol...
When the Internet downturn started a year ago, laid-off dotcommers in Manhattan convened a "pink-slip party" in a downtown bar, an informal way to take the edge off unemployment. Soon enough, such ...
Growing up in Manhattan in the 1980s, I inhaled some pretty strong doses of excess. I demanded the latest Polo sweaters and went to parties in lofts that my classmates had rented for the night. I w...
A lot of strange press stunts have come my way at FORTUNE (last month a company delivered a cold pepperoni pizza to my office to promote its name change). But the most trippy was an all-red fashion...
It is one of the eeriest Manhattan landmarks: In glowing red neon atop Midtown's Tishman Building is 666--better known as THE MARK OF THE BEAST. A beacon to Satanists? Well, no, says Arthur Bocchi,...
Hidden behind a nondescript wooden door on Second Avenue near 53rd Street in Manhattan resides what just might be the world's most expensive bar: the Hole in One, home to 260 single-malt Scotches. ...
Talk about spotting opportunity in the midst of potential disaster: A chance mistake left Scotland's Bowmore distillery with a cask full of Scotch with an unusual pedigree. Normally, most Scotches ...
A few years ago, the market for office space was declared dead. Today "the market's healthier than it's been in a decade," says Arthur Mirante II, CEO at Cushman & Wakefield. Indeed, researchers at...
It takes a sharp career counselor to keep track of the jobs spawned by our technological age: sysop, network administrator, CyberCierge. CyberCierge? Walking into the Grand Millenium, the world's f...
You're running late. You have a flight to catch. Your mental state is perilous. Who ya gonna call? Mobile Psychological Services, that's who. The service (based in Manhattan, of course) will pick y...
LIFE on the road can be trying. After suffering through three client meetings, you return to your hotel room and finally have a moment to yourself. Do you change into a swimsuit and stroke a few la...
Midsummer fevers infect Manhattan as nowhere else. . . Forget the drunks and druggies, rapists, muggers and murderers who are part of the city's pestilence year-round. Think instead of the steamy d...
Ever since no-fault divorce laws removed the need to gather dirt, matrimonial attorneys, as they are known, have enjoyed increased respectability. The best evidence is their sleek, skyscraper offic...
''Consumers are putting in remarkable amounts of time and effort to get quality at a bargain price,'' says Madelyn Hochstein, president of the DYG consulting group. Tell me about it, Madelyn. Here ...
Outward Bound in New York City is giving new meaning to the phrase ''I'll take Manhattan.'' Thanks to a three-year-old program, students from seven public schools can now be seen rock-climbing at t...
So you work a 15-hour day. That doesn't excuse you from paying your parking tickets. Nor will the dog understand if you don't get home in time to let him drag you around the block before bed. As fo...
Businesses profit from New Year's resolutions along with the people who make them, such as stockbroker Scott Wiatric (above), who signed up at Manhattan's Downtown Athletic Club. By January 2, hord...
A CONCRETE-POURING job like Manhattan's new $486 million Jacob K. Javits Convention Center, completed two years ago, should have drawn a flock of bids. Not in New York City. Only two came in for th...
The week of the market crash was the best ever for the Baja, a year-old Manhattan dance club started by ten young Wall Streeters. Another club, The Stock Exchange, which opened last August in the f...
The U.S. eyewear market tops $8 billion a year, not counting $1.8 billion for eye examinations. Yet the family optometrist faces urban extinction, as chains such as Pearle Vision Center (with more ...
Compiling a list of honest-to-goodness no-load mutual funds is a tough task for the small investor. Brokers won't recommend such funds because they collect no commission for selling them. With data...
Q. Can a refugee from Soviet Communism adapt to capitalist America? A. You bet. JUST LOOK at the record of the Russian emigres who began landing on U.S. shores 14 years ago. Though the best-known s...
Nowhere is rent control more bitterly debated than in New York City, especially in Manhattan, where roughly 420,000 of the borough's 650,000 apartment units are subject to rent restrictions. The cl...
Deep in the heart of Manhattan's printing district, a 47-year-old printing and ; typesetting firm is pioneering a new use for personal computers: desktop publishing. ReadySetGo, a $195 software pro...
Magnificent some may be, but the huge hostelries into which U.S. business travelers crowd all too often possess the soul of an air terminal; guests queue up at the registration and cashier counters...
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