Crystal balls consulted on Manhattan real estate

Panel on the Future of Residential Real Estate at New York Law School

Manhattan’s residential real estate market will continue to elude the magnitude of the problems of the rest of the nation during 2012, panelists assembled by New York Law School concurred this week.

But the participants — who included Curbed founder Lockhart Steele and brokerage executive Diane Ramirez — grappled with the question of why our housing market isn’t booming.

Noting limited inventory, real estate attorney Stuart Saft of the Dewey & LeBoeuf firm the told room full of lawyers and real estate professionals Continue reading