2015: Year of the Condo in New York City

To stand out, developers are focusing on architecture, interior design and craftsmanship. “Everybody is designing to a very high level,” saidStephen G. Kliegerman, the president of Terra Development Marketing, “which I think is much different than what we saw pre-2008, where developers were kind of building to what they believed their marketplace was, instead of building to attract new buyers to their marketplace.” Terra Development Marketing advises Halstead Property and Brown Harris Stevens.

Read More: http://www.nytimes.com/2015/01/04/realestate/year-of-the-condo-in-new-york-city.html?_r=0

The Real Deal: Luxe developers packing more into less

“The average price per square foot is getting high, so in order to assuage that, given the fact that land is so expensive and the cost of construction is expensive, we’re advising our clients to make more efficient apartments,” said Stephen Kliegerman, president of Halstead Property Development Marketing. – See more at: http://therealdeal.com/blog/2014/11/14/developers-packing-more-space-into-smaller-luxury-homes/#sthash.7y93xSKF.dpuf