Developer Implode
Welcome to Developer Implode
We all know the world business climate is faced with challenging economic times today and the experts all warn of more to come. The daily headlines are filled with bailout news for the bankers, insurance companies, auto industry and homeowners faced with foreclosure. The oil sheiks, Wall Street investment bankers and real estate makers are all facing a tough road ahead to climb back up to the multi-billion dollar profits they made in previous years.
While the economy was great, there were plenty of real estate developers - many were able to print money, with no shortage of eager buyers. Now, many of those same eager buyers are bailing on pre-construction deals they made during those silly times. Sophisticated sales launches for new condominium and high-rise projects are now being reinvented with new incentive gimmicks and auctions, to reduce existing housing inventories.
The mission for Developer Implode is to help us keep track of the various real estate projects in our communities. We hope to keep our readers informed on all those large holes in the ground, hiding behind the construction fencing hung with the beautiful renderings of what is to come.
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Updated :
Ryan Seacrest is in escrow to purchase Ellen DeGeneres's Beverly Hills estate for $37 million. Lauren Schuker has details on Lunch Break. Photo: Celebrityhomephotos/Newscom. Publ.Date : Wed, 16 May 2012 16:34:53 GMT
Celine Dion lists a private island in Canada for $29.3 Million. Candace Jackson has details on The News Hub. Photo: Sotheby's International Realty. Publ.Date : Thu, 17 May 2012 20:41:22 GMT
Stefanos Chen on Lunch Break shows us the four properties vying to be the next WSJ House of the Week, including a Manhattan duplex condo, a Bel Air Midcentury home, modern traditional in Sag Harbor and old Europe on the Upper East Side. Publ.Date : Fri, 11 May 2012 16:38:28 GMT
Shopping-mall designers see indoor shopping mall playscapes as a way to lure in more shoppers and get them to stay longer. Kris Hudson on Lunch Break looks at the most innovative playscapes in malls across the U.S. and what's next. Publ.Date : Tue, 15 May 2012 16:45:19 GMT
Stefanos Chen on Lunch Break shows us the homes seeking the title of this week's WSJ "House of the Week," including an equestrian estate in Pennsylvania, an Asian contemporary in Bel Air and an 18th-century estate on the old road to New York. Publ.Date : Fri, 18 May 2012 17:36:03 GMT
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Updated : Sun, 20 May 2012 00:00:29 GMT
Marana Aerospace Solutions in Arizona is one of a number of maintenance and repair operations where retired airliners are sent to be refurbished or broken up for scrap.  Publ.Date : Thu, 17 May 2012 09:00:05 GMT
The LeFrak family is getting closer to completing Newport, a neighborhood that already has 8 office buildings, 13 apartment towers, 2 hotels, a marina, schools, a retail mall and parks.  Publ.Date : Tue, 01 May 2012 16:30:05 GMT
In New York, developers and retailers on Roosevelt Island plan to get more residents to shop closer to home by adding shops to its Main Street corridor.  Publ.Date : Wed, 02 May 2012 20:28:55 GMT
Mr. Levinson, a real estate developer and former broker discusses the Manhattan market and his ambitious plans for 425 Park Avenue.  Publ.Date : Wed, 25 Apr 2012 20:00:06 GMT
Of the 2,076 properties examined in a new survey, 64 percent were appraised at values that exceeded the sale price, while 35.5 percent were appraised at less than the sale price.  Publ.Date : Wed, 09 May 2012 18:30:02 GMT
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