The Real Deal March 2015

Vol.13 No.3 March 2015 $3.00 www.TheRealDeal.com 70 Behindthescenes at$2BWaldorfsale 52 42 Who’sPreet’s nexttarget? 74 Bigalterationsfor GarmentDistrict Hiddenmerit oftheLLC ILLUSTRATION BY NOAH MCDONOUGH NEW YORK REAL ESTATE NEWS Findingtheresidential... More

Vol.13 No.3 March 2015 $3.00 www.TheRealDeal.com 70 Behindthescenes at$2BWaldorfsale 52 42 Who’sPreet’s nexttarget? 74 Bigalterationsfor GarmentDistrict Hiddenmerit oftheLLC ILLUSTRATION BY NOAH MCDONOUGH NEW YORK REAL ESTATE NEWS Findingtheresidential market’s“sweetspot” 22 Whythepipelineofcashfrom Chinaispoisedtogrow,and howNYCplayersaregaining accesstodealsp40 The year of the Chinese investor BruceEichnerhasreturnedto NYCdevelopmentinabigway. Ishisconfidenceasigntheboom isalmostover? p36 Alookattheinfluencetraders behindtheindustry’smajor politicalbattlesatCityHall andinAlbanyp48 Abreakdownoftheofficedeals withthelargestpricetags, andtheluckylandlordswho snaggedthemp56 Eichner’s rise and fall --- and rise again New York’s top real estate lobbyists Manhattan’s billion-dollar leases Less