The latest in New York Observer Lp

Paula Del Nunzio on Manhattan's Mightiest Real Estate

2010-04-16T17:29:46Z

Max Abelson dined late last week at the Four Seasons with star broker Paula Del Nunzio of Brown Harris Stevens. Their conversation can be found here, and covers everything from Mark Cuban to the $100 million Manhattan home to the psyche of luxury brokers amid the Great Recession.

Honesty: 2009's Hot New Marketing Tool!

2010-04-16T15:30:13Z

Katherine Dykstra, writing in the January issue of The Real Deal:

[W]hat was the perfect pitch in early 2008's real estate market now seems inappropriate. Over the course of one year of tumultuous financial events (a mortgage crisis, bank bailouts and volatile exchange rates) buyers have gone from "more is more" to being wary of ostentation. "Even [the high-end buyers] don't want excess now," says Sean Osher of Core Group Marke...

Morning Memo: Mary-Kate Olsen Sees the Silver Lining; Samantha Ronson's Raise; Guy Ritchie Rebounds?

2010-04-16T13:44:12Z

Though Mary-Kate Olsen finds the recession "sad," she's really enjoying the sales. [P6]

Samantha Ronson gets paid a lot more for her D.J.ing gigs now that she comes equipped with Lindsay Lohan. [Gatecrasher]

Scott Sartiano's 1Oak and Butter are remaining recession un-friendly, for now. [Fifth i...

Tuesday, December 30

2010-04-16T13:48:09Z

The Rockettes kick up their tired legs (at the spa!) as the Radio City Christmas Spectacular winds to a close and we’re left to face recession economics without the diversion of tinsel.

[Radio City Music Hall, 1260 Avenue of the Americas, ticketmaster.com]

mbryan@observer.com

Russian Orthodox Church Going Into Construction

2010-04-16T13:21:12Z

The Cathedral of the Holy Virgin Protection, a Russian Orthodox congregation on the Lower East Side, finds itself, like many churches before it, in money troubles. Indeed, such troubles were the lead topic in the church's July newsletter:

"Money is a part of life, even in the life of the church. ... This summer’s recession with sharp increases in food, fuel and other needs is shaping up to be one of the worst...

Economists: Expect 19,000 Job Losses a Month

2010-06-25T23:17:10Z

From the Wall Street Journal this morning:

The next U.S. president will be confronted with slow growth, high unemployment and an economy teetering toward recession, say 51 private economists ... The respondents saw a 60% chance of an outright recession, expect the economy to shed 19,000 jobs a month for a year, and say the jobless rate, which jum...